News

NGX: Equity markets continue to grow rapidly as investors raised N608 billion

Investors in the Nigerian equity market earned N608 billion at the close of trading Monday. This follows a surge in the prices of shares such as NAHCO, Union Dicon and Fidelity Bank, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 218,113.84 points from 217,167.57 points on the previous trading day. After five hours …

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FCCPC Praises Court Ruling on Air Peace Ticket Refund

The Federal Competition and Consumer Protection Commission (FCCPC) has commended the judgment delivered by the Federal High Court, Abuja, Monday, 20 April 2026, dismissing the suit brought by Air Peace Limited challenging the Commission’s authority to investigate consumer complaints and issue summonses in exercise of its statutory mandate. The ruling, delivered by Justice James Omotosho, affirms the Commission’s powers under …

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The naira lost N6.04 against the dollar at the official window

Nigeria’s currency, the naira, depreciated against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,349.67/$1, compared with N1,343.63/$1 on Wednesday. This represents a loss of N6.04 for the local currency against the American dollar. On the black market, Nigeria’s currency, the naira, lost N5 …

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APGA releases 2027 election schedule, pegs presidential form at N75m

The All Progressives Grand Alliance (APGA) has announced the primary election schedule ahead of the 2027 general election. The party’s National Publicity Secretary, Dr. Ejimofor Opara, made the schedule public in a statement on Monday in Awka. He said the schedule had been approved by the party’s National Working Committee (NWC) in line with the Independent National Electoral Commission (INEC) …

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Tinubu approves new police academy campus in Ogun, N15bn…

President Tinubu President Bola Tinubu has approved the establishment of a new Police Academy campus in Erinja, Yewa South Local Government Area of ​​Ogun State. Tinubu also approved a $15 billion special take-off grant for the college. Presidential Spokesperson Bayo Onanuga, in a statement on Monday, April 20, 2026, said the President’s approval is in fulfillment of the provisions of …

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ADC crisis: Court postpones lawsuit against Ireti Kingibe until June 9

Justice Peter Lifu of the Federal High Court, Abuja, on Monday adjourned a lawsuit aimed at stopping Senator Ireti Kingibe from parading herself as a member of the African Democratic Congress (ADC) until June 9 for hearing. The judge set the date following an application for adjournment by the plaintiff’s attorney, IG Ogugwa. Ogugwa, who said the case was not …

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Oyewumi says goodbye to Alli at 63

A former National Board of Directors member of the National Youth Service Corps (NYSC), Prince Oyekunle Oyewumi, has congratulated the Senator representing Oyo South Senatorial District, Senator Sarafadeen Alli on his 63rd birthday.Oyewumi, a member of the Presidential Campaign Council of the All Progressives Congress (APC) and the Tinubu-Shettima Independent Campaign Council in the 2023 general elections, described the senator …

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Iran executes 2 people accused of spying for Israel

The Iranian government has executed two people convicted of espionage. Judicial news outlet – Mizan News Agency, reported on Monday. The news platform said the execution took place at dawn. The sentence was handed down by a revolutionary court in the city of Karaj, near the capital Tehran. READ ALSO: ADC crisis: Court postpones lawsuit against Ireti Kingibe until June …

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We are committed to authentic and transparent reconciliation – PDP National Chairman

Peoples Democratic Party (PDP) National Chairman Abdulrahman Mohammed on Monday reiterated the party’s commitment to genuine and transparent reconciliation between aggrieved party members. This came after Mohammed, who belonged to FCT Minister, Barr Nyesom Wike, emerged at a national convention held in Abuja a few weeks ago. The new helmsman of the party made the remarks at the 87th meeting …

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