News

Investors in the Nigerian equity market earned N3.1 trillion at the close of trading on Friday. This follows a surge in the prices of shares such as Neimeth, Cadbury and Living Trust, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 244,670.65 points from 239,734.61 points the previous day. After five hours of trading …

No fewer than sixteen governors of the All Progressives Congress have reaffirmed their support for Imo State Governor Hope Uzodimma as the Chairman of the Progressive Governors Forum, quashing reports of a change in leadership. The governors met behind closed doors at the Imo State Governors Lodge in Abuja on Friday and passed a vote of confidence in Uzodimma and …

Nigeria’s currency, the naira, slumped again against the United States dollar at the official window on Friday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,361.39/$1, compared with N1,355.85/$1 on Thursday. This represents a loss of N5.54 for the local currency against the dollar. On the black market, the naira lost N2 against …

FirstHoldCo Plc says its gross profits increased 6.9% to 3.4 trillion naira for the year ended December 31, 2025. The figure, when compared to $3.2 trillion in 2024, was driven by strong core banking operations and a diversified revenue base. The group, in a statement on Friday, made this known as contained in its audited financial results for the year …

The African Democratic Congress (ADC) has described the Federal High Court’s indefinite stay on its leadership dispute lawsuit as a contradiction to the Supreme Court’s directive. The party said the court’s action underscored its fears of judicial manipulation and political interference in the leadership case involving Nafiu Bala-Gombe. The party also questioned the move by the plaintiff’s lawyer who requested …

The Nigerian Red Cross Society has renewed calls for more humanitarian services, neutrality and support for vulnerable people in communities in Plateau State. He said this as part of activities marking the World Red Cross Day 2026 held in Jos, with a march led by officials and volunteers. The WRCD is celebrated globally in honor of Henry Dunant, whose vision …

Former President Goodluck Jonathan on Friday challenged a lawsuit seeking to bar him from contesting the 2027 presidential election. A lawyer, Johnmary Jideobi, has approached the Federal High Court, Abuja, to stop Jonathan from running for the country’s presidency in 2027 after taking the oath of office twice in the past. Jonathan, in the initial objection filed by his lawyer, …

An Economic and Financial Crimes Commission (EFCC) witness, Lamalan Jibrin, on Friday told the Federal Capital Territory (FCT) High Court that he did not have any business dealings regarding any property with former governor of Kogi State, Yahaya Bello. Jibrin, who is the 15th prosecution witness in the trial of Bello and other defendants over the alleged N110 billion fraud, …

The Nigerian aviation sector is facing new pressures as Rano Air has announced the temporary suspension of some of its flight routes following a sharp increase in the cost of Jet A1 aviation fuel. The airline revealed in a public announcement that aviation fuel prices have increased by more than 300%, making it increasingly difficult to sustain operations on certain …

By: David Akande Nigerian midfielder Christantus Uche may have played his last game for Crystal Palace after a disappointing loan spell at the Premier League club. Uche joined the Eagles on a season-long loan from Getafe CF but has not featured since the 3-1 win over Tottenham Hotspur, despite impressing for Getafe last season. Reports indicate that the 22-year-old has …