Trading on the Nigerian Stock Market closed bearish on Friday, ending the week with a N444 billion loss for investors. Extended profit-taking in large- and mid-cap stocks pushed the market further into negative territory, extending the bearish trend to the ninth consecutive session. Market capitalisation declined from N154.977 trillion to …
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Police arraign 40-year old Man over alleged N2.7m loan fraud
A 40-year-old man, Olalekan Akinola, on Friday appeared before an Abeokuta Magistrates’ Court sitting at Isabo for allegedly defrauding two persons of N2.74 million. Akinola allegedly obtained loans to the tune of N2.74 million with the personal information of the two persons. Akinola, who has no fixed address, is charged …
Read More »Kwara boosts digital learning with 1,755 computers for 70 schools
The Kwara State Government on Friday began the distribution of 1,755 computers and other digital equipment to 70 public senior secondary schools across the 16 Local Government Areas of the state. Flagging off the distribution of the equipment in Ilorin, Gov. AbdulRahman AbdulRazaq said digital literacy was no longer a …
Read More »Navy discovers, deactivates suspected illegal crude oil infrastructure
The Nigerian Navy has discovered and deactivated a suspected illegal crude oil infrastructure containing approximately 93,000 litres of crude oil in Rivers. This is contained in an operational report by the Director of Naval Information, Capt. Abiodun Folorunsho, made available to the News Agency of Nigeria on Friday in Abuja. …
Read More »Senator Saliu Mustapha dumps APC, set to join PDP
The Chairman of the Senate Committee on Agriculture and Rural Development and senator representing Kwara Central Senatorial District at the National Assembly, Senator Saliu Mustapha, has formally resigned his membership of the ruling All Progressives Congress, APC. Mustapha, in his resignation notice obtained by Vanguard, said, “This is not a …
Read More »Ronaldo scores 977th career goal as Al Nassr thrash Al Riyadh 4-0
Cristiano Ronaldo returned to action in style on Friday, scoring as Al Nassr secured a comfortable 4-0 victory over Al Riyadh. The Portugal international began the game on the bench before coming on in the second half as Al Nassr maintained their dominance. Al Amri opened the scoring for the …
Read More »Subsidy: Wike blasts Atiku over U-turn, calls him ‘voodoo economist’
Minister of the Federal Capital Territory, Nyesom Wike, has criticised former Vice President Atiku Abubakar over his promise to restore petrol subsidy if elected president in 2027 Wike accused Atiku of changing his position on subsidy removal for political reasons, recalling that the former vice president had previously promised to …
Read More »FULL LIST: UK issues fresh travel warning for 30 Nigerian states, FCT
The United Kingdom has updated its travel advisory for Nigeria, warning its citizens against all travel to parts of 11 states and advising against all but essential travel to parts of 19 states and the Federal Capital Territory. The latest advisory, published by the UK Foreign, Commonwealth and Development Office …
Read More »EFCC, ICPC Probe N12bn NFF Intervention Fund
The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) are investigating the utilisation of the N12 billion Federal Government intervention fund released to the Nigeria Football Federation (NFF) to settle outstanding players’ wages, bonuses and other national-team obligations. The development was …
Read More »UBA approves H1 2026 audited accounts, appoints Puri director
United Bank for Africa Plc has approved its audited financial statements for the half-year ended 30 June 2026, subject to clearance by the Central Bank of Nigeria. The approval was given at the bank’s board meeting held on 13 August 2026, according to a statement signed by the lender. UBA …
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