News

Investors in the Nigerian equity market earned N600 billion at the close of trading on Wednesday. This follows a surge in prices of shares such as UPDC Reit, Intenegins and RT Briscoe, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) rose to 201,703.55 points from 201,287.78 points recorded the previous day. After five hours of trading …

The National Sports Commission (NSC) has constituted a high-level Diaspora Talent Discovery Committee, drawing on a group of experienced Nigerian sports professionals and stakeholders from around the world to strengthen talent identification and engagement beyond the country’s borders. The Committee is chaired by UK-based sports administrator, Dr. Tunde Adelakun, who previously worked with the Nigeria national football team and the …

Nigeria’s currency, the naira, recovered against the United States dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,378.70/$1, compared with N1,386.71/$1 on Tuesday. This represents a gain of N8.01 for the local currency against the dollar. On the black market, the naira rose N6 against the …

The Federal Government has successfully evacuated 1,230 stranded Nigerians from neighboring Niger, strengthening its commitment to protecting citizens abroad amid emerging regional challenges. The evacuation, coordinated by Nigeria’s Ministry of Foreign Affairs, involved the voluntary repatriation of Nigerians stranded in Niamey, the capital of the Republic of Niger. According to a statement released on Wednesday by the ministry spokesperson, Kimiebi …

The Ketu Intelligentsia Forum has endorsed a former governorship candidate, Gboyega Nasir Isiaka, as its preferred choice for the 2027 Ogun State governorship election under the platform of the All Progressives Congress. The group, in a statement issued in Abeokuta on Wednesday, said the approval followed what it described as a “thorough deliberative process” involving community leaders, youth groups and …

AI giant OpenAI has successfully completed its largest funding round to date, raising $122 billion at an impressive valuation of $852 billion in a groundbreaking announcement. This extraordinary financial milestone comes as the company prepares to conduct its highly anticipated initial public offering (IPO) later this year, and position itself as a formidable player in the artificial intelligence landscape. This …

Elsie Okpocha, the estranged first wife of stand-up comedian, Basketmouth has responded to claims that she separated from her ex-husband because he bore her a son from another man. While responding to the claims in a post shared on her Instagram page on Wednesday, Elsie passionately defended herself against claims of paternity fraud circulating online.

The All Progressives Congress (APC) has announced the resumption of the electronic membership registration exercise. In a statement issued on Wednesday in Abuja by the party’s National Publicity Secretary, Felix Morka, said the exercise would resume in all neighborhoods and designated locations nationwide. “We urge existing members to validate their membership while new members are encouraged to register and join …

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued an urgent warning regarding the widespread circulation of counterfeit Otrivin Nasal Drops across Nigeria, and ordered a nationwide clearance of the product due to potential health hazards. In a public warning (No. 019/2026) on its website, the agency revealed that the children’s (0.05%) and adult versions of …

A woman collapsed and died at the Federal High Court, Benin City, Edo State, on Tuesday while she was being arraigned in court by the National Drug Law Enforcement Agency (NDLEA). According to reports, he was brought to court on Tuesday, three months after his arrest, and has been in the agency’s custody for three months without charges. He was …