Business

Investors in the Nigerian stock market earned N924 billion at the close of trading last week. This follows growth in equity capitalization to N127.3 trillion from N126.4 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) which appreciated 0.73% closed the week at 198,407.30 points from 196,968.15 points recorded in the previous week. The market performance was supported …

2Baba meets the Minister of Defense to promote music as a tool against youth violence Nigerian music icon Innocent Idibia, popularly known as 2Baba, has met with Nigerian Defense Minister, General Christopher Musa (rtd) to discuss a new initiative aimed at using music to combat youth violence and promote positive social values. The visit, which the singer revealed in an …

L-R: Deputy Minister of the FCT, Mariya Mahmoud Bunkure; former Speaker of the House of Representatives and former Governor of Katsina State, Aminu Bello Masari; Governor of Cross River State, Bassey Edet Otu; and Special Adviser to the President on Policy and Coordination, Hadiza Bala Usman, during a visit by the National Convention Protocol Sub-Committee of the All Progressives Congress …

Millions of Nigerians are grappling with a worsening housing crisis as tenants and prospective homebuyers now spend well above the global affordability threshold on rent, with many allocating up to 60-70% of their income on housing. The development, which experts say reflects growing pressure on the country’s property market, far exceeds the 30% rent-to-income benchmark recommended by the United Nations …

By Victor Osula, Abuja The Federal Capital Territory (FCT) chapter of the African Democratic Congress (ADC) has suspended three executive members of its Wuse district in the Abuja Municipal Area Council (AMAC) for their alleged involvement in the “illegal” suspension of Senator Ireti Kingibe. The suspended officials are the district chairperson, Kanayo Chukwu, along with Amanda Pam and Omale Suleiman …

DSS, police urged to investigate and prosecute alleged fake news peddlers targeting Benjamin Kalu The Save Nigeria Movement (SNM) and the Federation of Freelance Journalists (FJF) have called on the Department of State Services (DSS) and the Nigeria Police Force to identify and prosecute persons allegedly responsible for spreading false information against the Deputy Speaker of the House of Representatives, …

*Meets CBN capital requirements to open eight new branches in 2026. NOVA Bank Limited has announced the appointment of Jude Anele as its Managing Director and Chief Executive Officer, following the approval of the Central Bank of Nigeria. The appointment comes at a crucial time in the Bank’s evolution, following its transition from an investment bank to a commercial bank …

The Ogun State chapter of the Muslim Rights Concern has warned political parties against fielding a Christian-Christian governorship ticket in the state ahead of the 2027 elections, describing the idea as a “historic political miscalculation”. The group said any political party attempting such a deal will face strong resistance from voters and risk long-term political consequences in the state. In …

President Bola Tinubu will land at the airport on 17 March 2026 to begin a historic state visit that will show the world the unique bond that exists between Nigeria and the United Kingdom. When the formalities of the visit begin on March 18, President Bola, in the company of his wife, Senator Oluremi Tinubu, will be the fifth Nigerian …

FCT-based Cross River North stakeholders support Tinubu, Otu and Jarigbe for 2027 Goodness Ekpang Stakeholders from the Cross River North Senatorial District residing in the Federal Capital Territory (FCT) have endorsed President Bola Ahmed Tinubu, Cross River State Governor, Senator Prince Bassey Edet Otu, and Senator Jarigbe Agom Jarigbe for re-election in the 2027 general elections. The group, comprising leaders …