Nigeria’s capital market now faces a major shake-up following mandatory minimum capital requirements set for market entities. Not only will the move see market operators outpace their peers in other African countries, but it will also trigger survival of the fittest. On January 16, 2026, the Securities and Exchange Commission (SEC) announced new minimum capital …
The National Sugar Development Council (NSDC) and the Nigerian Export-Import Bank (NEXIM Bank) have formed a strategic partnership to unlock long-term financing for Nigeria’s sugar industry. At a high-level meeting in Abuja, both institutions agreed to work together to drive large-scale sugar production and reduce the country’s heavy reliance on imports. Leading the NSDC team, …
The Nigerian Content Development and Monitoring Board (NCDMB) has emphasised the need for stronger collaboration among oil and gas-producing countries in Africa in local content development to achieve energy sufficiency and sustainable growth. Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe made the call while delivering a keynote address titled “Africa’s Local Content Collaboration Strategy” …
The Court of Appeal in Abuja has scheduled February 12 to hear a series of suits challenging the legality of the Peoples Democratic Party (PDP)’s national convention held on November 15 and 16, 2025, in Ibadan, Oyo State. A three-member panel led by Justice Mohammed Danjuma will consider eight separate appeals questioning the validity of …
The Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, has said he spent months ensuring the inclusion of the south-east in a federal infrastructure loan during his time as Speaker of the House of Representatives. Gbajabiamila served as Speaker between 2019 and 2023, during former President Muhammadu Buhari’s second term, a period marked by …
Former Vice-President Atiku Abubakar has criticised the Senate for failing to approve real-time transmission of election results to the Independent National Electoral Commission’s result viewing portal (IReV). On Tuesday, the upper legislative chamber approved the electronic transmission of election results to IReV but included a clause allowing manual collation as a fallback where technology fails. …
The recurring cases of national grid collapse in Nigeria have highlighted the need for a reliable power source to meet electricity demands by households and businesses across the country. This quest has reignited calls for the development and integration of nuclear power into Nigeria’s energy mix as one potential solution to resolving longstanding electricity challenges. …
The African Democratic Congress (ADC) has appointed former Cross River State Governor and ex-presidential candidate of the Social Democratic Party (SDP), Donald Duke, as Chairman of its newly established Leadership Forum. Duke, who recently defected from the Peoples Democratic Party (PDP), was appointed during an enlarged stakeholders’ and executive committee meeting of the ADC in …
Popular Nollywood actress Uche Ogbodo has sparked conversation with her take on why marriages fail, claiming that men are responsible for the majority of broken unions. On her Instagram page, the actress wrote, “Men contribute 95 per cent in failed marriages. Many marriages fail because a significant number of men neglect, cheat, devalue, emotionally harm, …
U.S. job growth likely improved slightly in January, helped by fewer post-holiday layoffs, but economists say the labor market remains fragile amid trade tensions and tighter immigration policies. The Labor Department’s employment report, released Wednesday after a delay caused by a federal government shutdown, is expected to show nonfarm payrolls increased by about 70,000 jobs …
