Business

Investors in the Nigerian equity market earned N3.2 trillion at the close of trading on Thursday. This follows a surge in the prices of shares such as FTN Kakao, Bua Semen, and Cap on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 242,277.81 points from 237,205.59 points the previous day. After five hours of trading on …

Russia will continue its presence in Mali based on requests from the country’s current authorities, Kremlin spokesman Dmitry Peskov confirmed on Thursday, April 30, 2026. Peskov said that Russia remains committed to fighting extremism, terrorism and other negative phenomena in Mali, stressing that the presence is in line with the needs expressed by the Malian government. “Russia’s presence in Mali …

President Bola Tinubu has appointed Mr Rilwan Babalola as Special Adviser on Electricity. Babalola will also lead the newly created Presidential Task Force for Reset and Restoration of the Power Sector. This was stated by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, in a statement on Thursday in Abuja. The President also redesigned the Office of Special …

Nigeria’s Supreme Court on Thursday ordered a new hearing into the leadership crisis rocking the African Democratic Congress, ordering a faction led by former Senate President David Mark to return to the Federal High Court. In a unanimous ruling, a five-member bench of the supreme court, led by Mohammed Garba, overturned an earlier Court of Appeal directive that had ordered …

The Joint Action Committee (JAC) of the Non-Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) have declared an indefinite nationwide strike in universities and inter-university centers from midnight on May 1, 2026. The directive, contained in a circular dated April 30, 2026, jointly signed by NASU Secretary General, Prince Peters …

The Supreme Court has quashed the national convention held by the Peoples Democratic Party (PDP) in Ibadan, Oyo State on November 15 and 16, 2025. In a split decision, three out of five judges, the supreme court found that the appeal filed by the Turaki-led PDP faction lacked merit. In handing down the main ruling, Justice Stephen Adah found that …

The Senator representing Ogun West Senatorial District, Solomon Olamilekan Adeola, has been urged to consolidate the achievements of Governor Dapo Abiodun and unlock the economic potential of Ogun State if elected governor in 2027. Adeola, popularly known as Yayi, recently emerged as the consensus governorship candidate of the All Progressives Congress in the state, putting to rest weeks of speculation …

The Rule of Law and Accountability Advocacy Center Rulaac (RULAAC) has noted the press release issued by the Nigeria Police Force regarding the fatal shooting of Mr Mene Ogidi in Effurun, Delta State on 26 April 2026, and the disciplinary actions announced against the officers allegedly involved. While the directive by the Inspector General of Police, Olatunji Rilwan Disu Tunji …

*PRESS RELEASE OGD MEDIA OFFICE April 29, 2026 The OGD Press Office has been inundated with requests for response to claims made by the outgoing governor, Dapo Abiodun, in a private meeting in Iperu. It is instructive that Governor Dapo Abiodun chose a closed meeting at his home to air claims that, by his own admission, he has never dared …

The United Nations Children’s Fund has called on southwestern state governments to increase national investment in nutrition programs to address rising cases of child stunting and poor developmental outcomes. The call was made during a one-day regional workshop on operationalization of the Integrated Multisectoral Nutrition Intervention and Initiative N-774, held in Ibadan. The workshop, organized by the Oyo State Ministry …