Nigeria’s capital market contribution to Gross Domestic Product (GDP) has increased to 33 per cent from 13 per cent in April 2024, reflecting its expanding role in the economy. The growth follows a 125 per cent increase in market capitalisation, which rose to N123.93 trillion from about N55 trillion. The Director-General of the Securities and …
The long-awaited FCT Area Council election held on February 21, 2026, has seen the All Progressives Congress (APC) maintain its stronghold, claiming the chairmanship seats in Abuja Municipal Area Council (AMAC), Abaji, and other key regions. The People’s Democratic Party (PDP), however, emerged victorious in Gwagwalada, marking the only defeat for the APC in this …
The Centre for the Promotion of Private Enterprise (CPPE) said Nigeria’s recent rebound in capital importation may be encouraging, but underlying structural risks threaten its sustainability. The economic think tank group gave the warning in a statement on Sunday, signed by its Chief Executive Officer, Muda Yusuf. It noted that total capital inflows rose to …
Yiaga Africa has identified a series of operational lapses and integrity concerns that marred the Federal Capital Territory (FCT) Area Council elections held on Saturday, February 21, by the Independent National Electoral Commission (INEC). In a preliminary statement on the exercise, the civic organisation cited the late opening of polling units, redistribution of voters without …
Group Chief Executive Officer of the Dangote Refinery, Bayo Ojulari, on Saturday, paid a courtesy visit to the Dangote Petroleum Refinery, revealing that the plant has exceeded its projected capacity of 650,000 barrels per day. Ojulari hailed the President of the Dangote Group, Alhaji Aliko Dangote, for his leadership vision and inspiration in building the …
The All Progressives Congress (APC) emerged victorious at Polling Unit 053, Jaji Street, Kubwa, during Saturday’s Area Council election in the Federal Capital Territory, clinching 13 votes in an exercise marked by low voter participation. Out of 464 registered voters assigned to the unit, only 23 voters were accredited, representing a turnout of less than …
Residents of the nation’s capital on Saturday trooped out to vote for chairmen and councillors in the six area councils of the Federal Capital Territory (FCT), with security agencies deployed across polling units to ensure a peaceful exercise. According to live report by Channels Television Movement within parts of the territory was restricted as police …
Voting at several polling units in Kubwa, a suburb of Abuja, faced significant challenges on Saturday as electoral officers struggled with technical glitches, low voter turnout, and logistical shortcomings. At Polling Unit 046, voters experienced delays due to malfunctioning Bimodal Voter Accreditation Systems (BVAS), which took unusually long to capture each voter. Some voters were …
President/Chief Executive, Dangote Industries Limited, Alhaji Aliko Dangote, hosted Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPC), Engr Bashir Bayo Ojulari, and other top executives of the national oil firm at the Dangote Petroleum Refinery and Petrochemicals on Saturday, February 21, 2026. Here are photos: The visit follows the announcement by …
Accreditation and voting were yet to commence at Polling Unit 010 in Kubwa, a suburb of Abuja, as of 10:20 a.m., following confusion over the deployment of electoral officials. The polling unit, which has over 4,700 registered voters, was yet to begin the process, raising concerns among residents about the potential impact of the delay …
