Business

NGX: Equity markets continue to grow rapidly as investors earned N1.3tr

Investors in the Nigerian equity market earned N1.3 trillion at the close of trading on Tuesday and continues to rise. This follows a surge in the prices of shares such as Unilever, UPL and Union Homes REIT, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 250,481.42 points from 244,670.65 points the previous day. …

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Kano Central APC stakeholders reject Shekarau candidacy and call for direct primaries – THIS END

APC stakeholders in Kano Senatorial District have rejected the emergence of former governor, Ibrahim Shekarau, as the consensus candidate for the Kano Central seat. The refusal is contained in a petition addressed to the APC National Chairman and copied to the Kano State APC Chairman among others. The petition, signed by Prof. Ibrahim A.Sani, an academic/political analyst of the group, …

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The Court updates the sentence in the case against 8 Chinese citizens for alleged illegal mining

The Federal High Court in Abuja has remanded a case involving eight Chinese nationals and two other defendants over allegations of illegal mining. The court will deliver its ruling on July 13, 2026. Justice James Omotosho set the date after both the prosecuting counsel, Adeola Adedipe, SAN, and the defendants’ counsel, Oladimeji Ekengba, submitted their written closing submissions and made …

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NEMA and IOM welcome 170 Nigerians repatriated from Libya

The National Emergency Management Agency and the International Organization for Migration on Monday received 170 stranded Nigerians repatriated from Libya under the Assisted Voluntary Return Programme. The returnees arrived at the cargo terminal of Murtala Muhammed International Airport, Ikeja, at around 3.36pm on board an Air Buraq Airlines flight from Tripoli. Speaking to journalists, the Head of NEMA Lagos Operations …

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UK Communities Minister leaves Cabinet – THISAGE

By Ayo Kehinde Miatta Fahnbulleh resigned from the British government on Tuesday and told Prime Minister Keir Starmer to prepare an exit timeline after saying he had lost the trust of the British public. In a resignation letter, Fahnbulleh said the public no longer believed Starmer could deliver the change the Labor Party promised and urged him to initiate an …

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Ajatta supports Bamigbetan for the House of Representatives

A two-term member of the House of Representatives for Oshodi-Isolo Constituency II, Hon. Jaiyeola Ajatta, has thrown her weight behind the aspiration of frontliner Kehinde Bamigbetan.Hon Ajatta, who made the statement during a courtesy visit by Bamigbetan, promised to mobilize party members in Ajao estate and the entire constituency to vote Bamigbetan in the next primaries, adding that Bamigbetan deserved …

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ASUU raises fresh alarm over ‘distorted’ implementation of deal, threatens industrial action

The Academic Staff Union of Universities (ASUU) has raised fresh concerns over what it described as the “distorted and uncoordinated” implementation of the December 2025 agreement with the federal government, warning that growing frustration among faculty could trigger another round of industrial crisis at the nation’s universities. The union, in a statement issued at the end of the National Executive …

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Shake up in CBN while Yuguda heads financial stability, Usoro returns to operations – THIS UPDATE

By Victor Osula, Abuja The Central Bank of Nigeria (CBN) has carried out a major reshuffle of the portfolios of its deputy governors as the apex bank steps up efforts to strengthen monetary policy coordination, banking sector supervision and institutional governance. The reorganization follows the Senate’s nomination and confirmation of Lamido Yuguda as deputy governor responsible for the Financial System …

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