The Federal High Court in Abuja has sentenced four men to death who were found guilty of participating in the deadly terrorist attack on St. Mary’s Catholic Church. Francis in Owo, Ondo State, an attack that claimed more than 40 lives and left more than 100 worshipers injured during a church service in June 2022. Judge Emeka Nwite delivered the …
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NGX: Investors lose N2.2tr as equity markets continue to decline
Investors in the Nigerian equity market lost another N2.28 trillion at the close of trading on Wednesday as bearish sentiment continued. This follows a plunge in the prices of shares such as Wapco, Zichis, and Learn Africa, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 243,132.61 points from 246,686.66 points on the previous trading …
Read More »The manufacturing sector got the lowest share as Nigeria attracted $10.8 billion in the first quarter of 2026
Nigeria’s production and manufacturing sector attracted only 1.47% of the total capital imported into the country in the first quarter of 2026, according to the National Bureau of Statistics (NBS). According to the bureau in its latest Capital Import Report released on Wednesday, the two sectors attracted $152.27 million of the $10.37 billion in capital imported into the country in …
Read More »Gunmen kidnapped the former minister, Adelabu’s sister and twin children in Ibadan
The sister of former Minister of Power, Adebayo Adelabu and her twin sons were on Wednesday morning kidnapped by unknown gunmen in Ibadan, the Oyo State capital. According to Adelabu’s media aide, Femi Awogboro, who confirmed the incident in a statement, his sister, Mrs. Olaide Busayo Adegoke John-Paul, along with his twin sons, Peter and Paul, were abducted by gunmen …
Read More »Top 10 stories from all Nigerian Newspapers, Wednesday 23 June
Here are the top ten stories from across the country. 1. INEC investigates voter data leak The Independent National Electoral Commission (INEC) has launched an investigation into alleged unauthorized access and disclosure of information from the Continuous Voter Registration (CVR) database.Read more 2. Alleged N1.35 billion fraud: Lamido, EFCC disagree with witnesses Former Governor of Jigawa State, Sule Lamido, and …
Read More »NGX: PZ, CWG suffered the biggest losses as investors lost N478 billion
Investors in the Nigerian equity market lost another N478 billion at the close of trading on Tuesday to continue their bearish sentiment. This follows the fall in stock prices, including PZ, CWG and ABC Trans, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 246,686.66 points from 247,560.66 points the previous day. After five hours of trading …
Read More »Food prices rose in April, NBS said
The National Bureau of Statistics said prices of tomatoes, pulses, garri, onions, ginger and other food items recorded a month-on-month increase in April 2026. The NBS stated this in its Selected Food Price Monitoring report for April 2026, released in Abuja on Tuesday. The report shows that the average price of 1kg of tomatoes increased by 6.60 percent on a …
Read More »ANALYSIS: The growth of banks in Nigeria and the collapse of the economy
Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, while the real economy continues to experience sluggishness. At a time when millions of Nigerians are increasingly slipping into poverty, when inflation continues to erode household incomes, when the business world is collapsing due …
Read More »Top 10 stories from all Nigerian Newspapers, Tuesday 2 June
Here are the top ten stories from across the country. 1. Kidnapping: NUT orders Oyo teachers to begin strike The Nigerian Union of Teachers (NUT) has directed all public primary and secondary school teachers in Oyo State to go on indefinite strike from Monday.Read more 2. Wike Accuses ADC primaries of being rigged for Atiku, says Amaechi walked into political …
Read More »Top 10 stories from all Nigerian Newspapers, Monday 2 June
Here are the top ten stories from across the country. 1. Kidnapping: NUT orders Oyo teachers to begin strike The Nigerian Union of Teachers (NUT) has directed all public primary and secondary school teachers in Oyo State to go on indefinite strike from Monday.Read more 2. Wike Accuses ADC primaries of being rigged for Atiku, says Amaechi walked into political …
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