Business

By Joseph Amedu, Lokoja The Kogi State Police Command has given a clear update on the circumstances surrounding the alleged killing of a final year student, Andrew Amehson of Nana College of Nursing and Medical Sciences, Ibana Okpo, in Olamaboro Local Government Area of ​​Kogi State. A statement released by his spokesperson, ASP Saliu Oyiza Afusat and made available to …

Samsung Electronics posted a 43% increase in first-quarter revenue to 133.9 trillion Korean won, its highest quarterly performance, despite weak demand for displays and telecommunications. The company revealed this in its first quarter 2026 financial results released on Friday, highlighting solid overall growth across all major business segments. Operating profit also hit a record 57.2 trillion won for the quarter …

Investors earned N10.5 trillion as equity market capitalization soared in the just ended trading week. The market strengthened in four trading sessions as the federal government designated Friday, May 1 2026 as a public holiday to commemorate Labor Day 2026. The market value increased to N155.9 trillion from N145.3 trillion recorded last week, while the All-Share Index (ASI) appreciated by …

A certified environmental consultant to federal and state government agencies, Chief Alhaji Muhammad Jamiu Badmus, has been installed as the new Baba Adeen of Baleeshi community in Ogun State in recognition of his piety, humility and deep understanding of the Holy Quran. The installation, held on Friday in the presence of prominent personalities who graced the occasion, also saw his …

The National President of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has congratulated all workers in the country as they mark the 2026 Labor Day celebration, commending their resilience, patriotism and steadfast contributions to the growth and development of Nigeria. Abimbola Tooki, his Special Adviser on Media and Information Strategy, on Friday said that to mark the occasion, Professor …

The viral claim that £210 trillion would disappear from the NNPCL between 2017 and 2023 does not pass the market women test, says a youth accountability group. Now they are asking the Senate to prove it or withdraw it. In a statement on Friday signed by Johnson Momodu for the Fiscal Accountability Committee of Tomorrow, FACT, the group ripped into …

The Nigerian Defense Academy has distanced itself from reports widely circulated on social media detailing disciplinary actions against some of its cadets, describing the publications as unauthorized and misleading. The academy said the viral posts, which outlined sanctions imposed on cadets for alleged offences, did not come from its official channels and should be ignored by the public. In a …

By Ayo Kehinde President Bola Tinubu will depart Abuja on Saturday for a three-nation strategic visit to France, Kenya and Rwanda, as part of efforts to deepen economic cooperation, strengthen diplomatic ties and attract more investments into Nigeria. The Presidency said the visit will see the President participate in two major international economic meetings (the Africa-France Summit in Nairobi and …

Lagos Commissioner for Tertiary Education, Tolani Sule, says Lagos State University (LASU) spends over 200 million naira a month on electricity for staff and students. He said rising energy costs reflect broader challenges facing public universities, including supply network instability and heavy reliance on diesel generators. Sule disclosed this on Friday at the groundbreaking ceremony for the TETFund/PPP Students’ Hostel …

A People’s Democratic Party leader in Ogun State, Segun Showunmi, has called for greater inclusion of women in governance and national development, warning that their exclusion continues to weaken Nigeria’s moral and economic foundations. Showunmi made the call while giving a presentation at an event celebrating the 10th anniversary of the College of Health Sciences and Technology and the birthday …