NGX Regulation Limited, the regulating body of the Nigerian Exchange Group (NGX Group) has imposed a sum of N291. 29 million sanctions on CSL Stockbrokers Limited, Cowry Securities Limited, Meristem Stockbrokers Limited, SMADAC Securities Limited and Associated Asset Managers Limited over stock market infractions. Ugochi Eke on behalf of the NGX Rego …
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Tinubu Flays Killings in Plateau, Kaduna, Optimistic Security Agencies’ll Bring Perpetrators To Justice
President Bola Tinubu has condemned in strong terms the barbaric and cowardly attacks by gunmen in Angwan Rukuba district, Jos, Plateau State. The president, in a statement issued on Tuesday by his Adviser on Information and Strategy, Bayo Onanuga, equally condemned the attacks on Kahir village in Kagarko Local Government …
Read More »Falana Bemoans Neglect of Basic Education, as States Fail to Access Over N97bn UBEC Funds
A senior lawyer and human rights advocate, Femi Falana, has blamed some state government’s neglect for the basic education for the alarming rate of out-of-school children in the country, which is estimated at 20 million. A document he obtained from the Universal Basic Education Commission (UBEC) in response to his …
Read More »FG Targets MSMEs’ Access To $3.5trn AfCFTA Market
The Federal Government has launched the ‘Cross-Border Digital Payments and Identity in Nigeria under the AfCFTA’ report, urging stakeholders to unlock trade opportunities for Micro, Small and Medium Enterprises (MSMEs) to access the $3.5 trillion African Continental Free Trade Area (AfCFTA) market. The high-level report, hosted by the Office of …
Read More »Only 39% of Gencos’ Invoices Settled in 2025 as Unfunded Subsidies Hit N1.85tn
Nigeria’s power Generation Companies (Gencos) recorded a weak cash recovery in 2025, with only 39.25 per cent of their total invoices settled, as unfunded government subsidies ballooned to N1.85 trillion in one year, weighing heavily on the liquidity of the electricity market. Latest industry data showed that Gencos issued invoices …
Read More »Ex-AGoF, Nwabuoku, to Spend 8 Years in Jail for N868m Fraud
A former acting Accountant-General of the Federation (AGoF), Chukwunyere Nwabuoku, has been handed down a jail term of eight years, over offences bordering on fraud and corruption. He was sentenced on Monday by Justice James Omotosho of the Federal High Court, Abuja, who found him guilty in all the nine …
Read More »Makinde Approves N10,000 Allowance for Civil Servants
Governor Seyi Makinde of Oyo State has approved N10,000 monthly transportation support allowance for civil servants in the state. Makinde announced this on Monday during the supervision of the YEAP-SAFER support disbursement and stakeholder engagement programme at the Fashola Agribusiness Hub in Oyo town. He said the initiative would be …
Read More »Soludo Backs Tinubu’s Re-election in 2027, Says APGA Won’t Field Presidential Candidate
Anambra State Governor, Prof. Chukwuma Soludo, has declared his support for the re-election of President Bola Ahmed Tinubu in the 2027 general election, stating that he has no regrets about his position. Soludo made the remarks during a television interview in Awka, where he described the president as a friend …
Read More »Ghana Commends Nigeria, DSS for Rescuing 44 Trafficked Nationals
The Government of the Republic of Ghana has commended the Nigerian authorities, particularly Department of State Services (DSS), for rescuing 44 Ghanaian nationals from a criminal network involved in fraudulent recruitment schemes. In a statement issued on Saturday by Ghana’s Ministry of Foreign Affairs, the government confirmed that the victims …
Read More »Nigeria Seeks Stronger Africa–Latin America Alliance at CELAC Forum
Nigeria has canvassed deeper cooperation between African and Latin American nations, stressing that stronger partnerships among countries of the Global South are essential to navigating growing global uncertainty and building more balanced international relations. Speaking at the CELAC–Africa High-Level Forum in Bogotá, Columbia, Nigeria’s Minister of Foreign Affairs, Yusuf Maitama …
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