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Trans Express, NGX, GTCO and others lead the stocks to watch this week

Investors in the Nigerian capital market earned N1.36 trillion at the close of trading last week. This follows a growth in market value to N131.1 trillion from N129.8 trillion recorded in the previous week. Likewise, the All-Share Index (ASI) which appreciated by 1.03% closed the week at 203,770.43 points, up from 201,698.89 points recorded in the previous week. The market …

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Can Nigeria produce new leadership? From recycling…

Lanre Ogundipe If Nigeria’s political challenge were solely about individuals, it would be easier to resolve. Replace one set of leaders with another and progress may follow. But the persistence of familiar patterns suggests something deeper: the problem is structural, not merely personal.And structural problems do not yield to aesthetic change. Previous discussions of elite recycling and voter complicity point …

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Trump announced a naval blockade of the Strait of Hormuz following a standoff with Iran

US President Donald Trump has directed the American Navy to enforce a blockade of the Strait of Hormuz, raising tensions with Iran following the breakdown of negotiations over its nuclear program. The announcement came on Sunday after high-level talks in Islamabad failed to achieve a breakthrough. Although Trump acknowledged that discussions had made progress, he accused Tehran of refusing to …

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LASTMA urges media synergy and warns against unverified and defamatory news

The Lagos State Traffic Management Authority (LASTMA) at the weekend reiterated its commitment to strengthening a transparent and mutually beneficial relationship with the media, urging caution against the spread of unverified, misleading or defamatory reports that could undermine public confidence in government institutions. The Director General of LASTMA, Olalekan Bakare-Oki, said this following the conclusion of an internal investigative panel …

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Pressure mounts as Ogun Muslim groups call for inclusion in the 2027 governorship race

A coalition of Muslim vanguards and key stakeholders in Ogun State have intensified calls for the emergence of a Muslim governorship candidate ahead of the 2027 elections, citing the need for equity, inclusiveness and balanced representation in the state’s political leadership. The group, under the umbrella of Ogun Muslim Vanguards, made its position known during a press conference on Sunday, …

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‘Probe worth ₦2.9 billion missing in Communications Satellite, Nuclear Regulatory Agency’, SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy, and Management of Nigerian Communications Satellite Ltd (NIGCOMSAT) and the Nigerian Nuclear Regulatory Authority (NNRA) to account for and explain the whereabouts of allegedly lost or diverted public funds amounting to ₦2.9 billion from NIGCOMSAT and …

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APC rejects claims of crisis in Enugu, calls reports of resignations ‘false narrative’

The All Progressives Congress (APC) in Enugu State has rejected reports of internal strife, insisting that allegations of mass defections and unpaid delegates are baseless and politically motivated. In a statement issued on Sunday, the State Publicity Secretary, Uche Obute, described the claims as a deliberate attempt to mislead the public and undermine the party’s growing influence in the state. …

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