The Nigerian stock market recorded a significant decline on Tuesday as investors lost approximately ₦4.65 trillion in a single day of trading, with only four stocks on the gainers' table, a sell pressure that has persisted in recent times. The All-Share Index, which tracks the general market movement of all listed stocks, dipped by 5.01 …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2025 Licensing Round will commence on December 1, 2025, calling on investors to take advantage of opportunities in the country’s oil and gas sector made possible by the reforms of the current administration. NUPRC Chief Executive, Engineer Gbenga Komolafe, made the announcement at the …
The Federal High Court in Abuja has fixed November 13 for judgement in the suit filed by former Jigawa State Governor Sule Lamido, challenging his exclusion from contesting for the position of National Chairman of the Peoples Democratic Party (PDP). Justice Peter Lifu announced the date after counsel for all parties, namely Lamido’s lawyer Jeph …
Leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, has filed a motion at the Supreme Court seeking to set aside its December 15, 2023, judgment that remitted his terrorism trial back to the Federal High Court, Abuja. The apex court had, in its ruling in suit number SC/CR/1361/2022, ordered Kanu’s continued prosecution …
The cost of registering a new car in Nigeria has surged sharply in 2025, with fees now ranging between ₦115,000 and ₦140,000, depending on the agent and location. This marks a steep rise from the ₦80,000–₦105,000 range recorded in 2024, reflecting escalating administrative and documentation expenses across the automotive sector. Multiple industry sources confirmed that …
Tens of thousands of Africans have returned to their home countries through the International Organization for Migration’s (IOM) voluntary return programme, funded by the European Union to deter migration before reaching Europe. The programme covers return flights and promises follow-up assistance. But many returnees say the support has fallen short. Twenty-year-old Kabinet Kante, who dreamed …
Protesters on Tuesday besieged the National Assembly in Abuja, calling on the Senate to immediately confirm President Bola Tinubu’s nominee for Chairman of the Nigerian Electricity Regulatory Commission (NERC), Engr. Abdullahi Ramat. The demonstrators, who comprised Ramat’s supporters, members of civil society organisations and human rights activists, marched around the complex with placards bearing inscriptions …
United States Congressman, Bill Huizinga, has expressed deep concern over what he described as the Nigerian government’s lack of seriousness in addressing the ongoing attacks on Christian communities across the country. Speaking during a televised interview, Huizinga criticized the government's response to the crisis, calling it dismissive and inadequate. He said the pattern of violence …
On November 10, 1995, the Nigerian military regime of General Sani Abacha executed Ken Saro-Wiwa and eight of his colleagues, now remembered worldwide as the Ogoni Nine, after a trial that was widely condemned as a travesty of justice. Saro-Wiwa and others were involved in non-violent protest and advocacy for the Ogoni people, a minority …
The United Nations has raised fresh concerns over the alarming rise in illicit firearms worldwide, warning that more than one billion illegal weapons are now in circulation, with many of them increasingly sophisticated and digitally produced. Adedeji Ebo, Deputy to the High Representative for UN Disarmament Affairs, disclosed the figure while briefing the UN Security …
