Business

ICPC denies new detention order for El-Rufai and clarifies court proceedings – THIS UPDATE

By Victor Osula, Abuja The Independent Corrupt Practices and Other Related Offenses Commission (ICPC) has denied reports that it has sought a fresh extension of the detention of former Kaduna State governor, Nasir Ahmad El-Rufai, describing such claims as inaccurate and misleading. The clarification is contained in a statement signed on Tuesday by John Okor Odey, the Commission’s head of …

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Nigeria recorded $96 billion in transactions in cryptocurrencies, another digital asset

The Director General of the Securities and Exchange Commission (SEC) Emomotimi Agama, has revealed that the Nigerian digital space, cryptocurrency operations have reached $96 billion in transactions He stated this on Monday in Abuja during the Citizen and Stakeholder Engagement Session organized by the Federal Ministry of Finance in Abuja. According to him, the scale of activity in the digital …

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CAF takes away the AFCON title from Senegal and declares Morocco Champions

The CAF appeals panel stripped Senegal of the 2025 AFCON title, overturning the result to a 3-0 win for Morocco following a protest over their elimination in the final.Senegal was sanctioned for abandoning the match, resulting in heavy fines ($615,000), a five-match ban for their coach and a reversed result. The CAF appeals commission has officially overturned the final result …

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Jumia Reaffirms Commitment to Consumer Trust on World Consumer Rights Day

Jumia Nigeria has highlighted its comprehensive approach to protecting consumers from counterfeit or adulterated products on its marketplace Jumia Group Head of Content and Production, Peters Afebuame, disclosed this while speaking at a high-level panel session as the global community commemorates World Consumer Rights Day. The company, joining industry leaders, regulators and consumer advocates at a high-level panel session hosted …

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Filming police on duty is legal, court rules hit officers with damages of N7 million

…Officers must wear name tags and service numbers …Stop harassment and device confiscation Daud Olatunji The Federal High Court in Warri has said Nigerians have the constitutional right to record police officers carrying out their duties in public. Delivering the ruling in case number FHC/WR/CS/87/2025 on Tuesday, Justice HA Nganjiwa said no law prohibits citizens from filming law enforcement officers …

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Eid-El-Fitr: FG declares public holidays on Thursday and Friday, urges unity – THISAGE

By Victor Osula, Abuja The Federal Government has declared Thursday, March 19 and Friday, March 20, 2026, as public holidays to mark this year’s Eid-el-Fitr, urging Nigerians to embrace unity and peaceful coexistence. The Minister of Interior, Olubunmi Tunji-Ojo, announced the holidays on behalf of the Federal Government in a statement issued by the ministry’s Permanent Secretary, Magdalene Ajani, on …

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Claims hit $6.05 billion at Sovereign Trust Insurance amid expansion push

Sovereign Trust Insurance Plc has reported a sharp increase in claims payments for the 2025 financial year, disbursing N6.05 billion to policyholders, a significant increase from N4.2 billion in 2024. This highlights increased use of insurance and growing exposure to risk across the country. The company’s new CEO/CEO, Lucas Durojaiye, said the performance reflects strong customer confidence as the company …

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AFCON: details of the CAF appeals commission decision that nailed Senegal

The CAF Board of Appeal has decided that, pursuant to Article 84 of the CAF Africa Cup of Nations (AFCON) Regulations, the Senegal national team is declared lost in the final match of the TotalEnergies CAF Africa Cup of Nations (AFCON) Morocco 2025 (“the match”), with the result of the match recorded as 3-0 in favor of the Fédération Royale …

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NGX: Equity market bullish move continues as investors rake in N696 billion

Investors in the Nigerian equity market gained N696 billion in early trading on Tuesday. This follows a surge in the prices of shares such as Bua Cement, Premier Paints and Zenith Bank, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,559.41 points from 201,474.89 points recorded on the previous trading day. After five …

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Babcock presents ₦10 million hackathon and opens tech week to wider participation

Babcock University has announced a ₦10 million hackathon as the highlight of its second Babcock Tech Week (BTW), scheduled for March 22-28, 2026. The week-long event, themed “Tethered — Connected Across Disciplines,” is organized by the Babcock University Computer Club in collaboration with the Finance Students Association, the Google Developer Groups on Campus, Babcock, and the Institute of Electrical and …

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