News

NGX: Equity market bullish move continues as investors rake in N696 billion

Investors in the Nigerian equity market gained N696 billion in early trading on Tuesday. This follows a surge in the prices of shares such as Bua Cement, Premier Paints and Zenith Bank, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,559.41 points from 201,474.89 points recorded on the previous trading day. After five …

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Frank criticizes Tinubu’s trip to UK, berates Britain…

[Press Release] Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Tuesday slammed President Bola Ahmed Tinubu, describing the President’s planned state visit to the United Kingdom in the wake of the fresh attacks in Maiduguri, as “callous, indefensible and morally bankrupt”. In a detailed statement on Tuesday, Frank said the coordinated explosions that …

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Babcock presents ₦10 million hackathon and opens tech week to wider participation

Babcock University has announced a ₦10 million hackathon as the highlight of its second Babcock Tech Week (BTW), scheduled for March 22-28, 2026. The week-long event, themed “Tethered — Connected Across Disciplines,” is organized by the Babcock University Computer Club in collaboration with the Finance Students Association, the Google Developer Groups on Campus, Babcock, and the Institute of Electrical and …

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Wike-backed PDP elects new executive committee in Lagos

A faction of the Peoples Democratic Party (PDP) backed by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Tuesday elected Mr Muka Popoola as chairman of the party in Lagos State. Popoola and 38 others emerged by consensus at the State Electoral Congress held in Ikeja. The selection of committee members is confirmed through a vote by …

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Debunking General Williams’ calls for changes in Nigeria’s security leadership

While discussing the security situation in Nigeria, General Ishola Williams called for a reassessment of the current security leadership, specifically targeting the qualifications of National Security Advisor (NSA) Nuhu Ribadu. While it is essential to engage in constructive criticism of security strategies, Williams’ statements appear to stem from a misunderstanding of the complexities inherent in national security. His criticism, rather …

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Nigerians want results, not statements, says Atiku on Maiduguri blast – THIS UPDATE

By Ayo Kehinde Former Vice President, Atiku Abubakar, has criticized President Bola Tinubu for his handling of Monday’s deadly blast in Maiduguri, Borno State, which killed 23 people and injured 108 others. President Tinubu, in a statement on Tuesday, condemned the attack and ordered the immediate deployment of all service chiefs to the Borno State capital to strengthen security operations …

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The naira fetched N13.35 against the dollar in the official market

Nigeria’s currency, the naira, appreciated further against the United States dollar at the official window on Tuesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,344.41/$1, compared with N1,357.76/$1 on Monday. This represents a gain of N13.35 in local currency against the dollar. On the black market, the naira closed flat against the …

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NBA reprimands judge for ordering Sowore’s lawyer to kneel in Abuja…

Interior of an empty courtroom with gavel, law books and sound pad on desk. Interior of an empty courtroom with gavel, law books and sound pad on desk.The Nigerian Bar Association (NBA) has reprimanded a Federal High Court judge, Justice Mohammed Umar, for allegedly ordering a lawyer representing human rights activist Omoyele Sowore to kneel during proceedings in Abuja. The …

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