Business

NGX ROUNDUP: Equity markets recover as investors gain N2.6tr

Investors earned N2.67 trillion in the just ended trading week as the equity market recovered from last week’s bearish move. The market strengthened in four out of five trading sessions as equity capitalization increased to N126.4 trillion from N123.7 trillion recorded last week. The All-Share Index (ASI) appreciated by 2.16% closing the week at 196,968 from 192,826.78 recorded in the …

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Gunmen kill 2 people, kidnap 13 others in multiple attacks in Kogi communities – THIS UPDATE

By Joseph Amedu, Lokoja Armed men suspected of being kidnappers had, in separate attacks, abducted over thirteen traders and travellers. Two people died in the attacks which occurred between Wednesday and Thursday Eyewitnesses have revealed that on Wednesday, some kidnappers invaded Okabo community in Ofu Local Government of Kogi State, one person was shot dead and another person and a …

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30 banks have met minimum capital requirements, the CBN said

Ahead of the recapitalization deadline of March 31, 2026, the Central Bank of Nigeria (CBN) revealed that 30 banks have met the minimum capital requirements. On March 28, 2024, the apex bank announced an increase in the minimum capital requirements of banks. Under the recapitalization framework, international commercial banks must have ₦500 billion, national banks ₦200 billion, regional banks ₦50 …

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The ADC accuses Tinubu of diplomatic missteps over ambassadorial duties

The ADC accuses Tinubu of diplomatic missteps over ambassadorial duties The opposition African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of diplomatic missteps over the announcement of ambassadorial posts, describing it as a mistake and confirmation of the government’s “historic incompetence”. In a statement signed by Mallam Bolaji Abdullahi, ADC National Publicity Secretary on Friday, March 6, the …

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After burning down the ADC’s office, security agents foil the attack on Amaechi’s convoy

Presidential hopeful and former Minister of Transport, Rt Hon. Chibuike Rotimi Amaechi, has kicked off the registration of African Democratic Congress (ADC) members in Rivers State, despite attacks on the ADC secretariat in his hometown, Ubima, before his arrival, and subsequent attacks on his convoy. In the early hours of Friday, the ADC secretariat in Ubima was attacked and completely …

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NSC rewards Majekodunmi Afusat Bisola with ₦3 million as appreciation tour continues

Post views: 34 The Director-General of the National Sports Commission (NSC), Bukola Olopade, on Thursday continued the Commission’s nationwide appreciation tour with a visit to Abeokuta, where outstanding junior athlete Majekodunmi Afusat Bisola was presented with a check of ₦3 million. The presentation is part of the NSC’s initiative to recognize and reward outstanding junior athletes who have excelled …

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The wives of the alleged coup plotters are demanding an open trial after 160 days of detention

….The families are demanding an open trial and access to their husbands … Human rights activists support the call for transparency Daud Olatunji Wives and family members of Nigerian military officers detained over an alleged plot against President Bola Ahmed Tinubu staged a protest in the Federal Capital Territory on Friday, demanding transparency and immediate access to their husbands. The …

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Lonestar Cell MTN Drives Digital Payments with ‘Recharge & Bompay’

By Lewis S. Teh Monrovia, Liberia – March 6, 2026 – Liberia’s leading GSM operator, Lonestar Cell MTN, has launched a nationwide “Recharge & Bompay” campaign, giving subscribers a chance to win the newly released iPhone 17 Pro Max through mobile recharges and digital payments. The campaign was unveiled at a press conference in Monrovia, part of the company’s ongoing …

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Medical association shuts down shop it runs illegally in Kogi for quackery services – THIS UPDATE

By Joseph Amedu, Lokoja The Nigerian Veterinary Medical Association (NVMA), Kogi State chapter, has shut down a veterinary shop, Geo-Vex Agroventure, in Sango community, Kabba, for operating illegally and providing quack services to unsuspecting customers. The store was found to be mixing antibiotics in plastic bottles and storing vaccines improperly, putting the health of both animals and humans at risk. …

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Tinubu renews the mandate of Health Permanent Secretary Daju and two others

Tinubu renews the mandate of Health Permanent Secretary Daju and two others President Bola Ahmed Tinubu has approved the renewal of the tenure of the Permanent Secretary of the Ministry of Health and Social Welfare, Kachallom Shangti Daju. This was in a move consistent with existing public service regulations. President Tinubu also approved the reappointment of Mrs. Beatrice Jedy-Agba, Attorney …

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