Nigerian stock market closed January 2026 on a strong note, as gains in 20 key stocks, spanning heavyweight blue chips and smaller, high-volatility names, combined to lift overall market performance on the Nigerian Exchange Limited (NGX). A review of stock market data for January shows price appreciation in 10 high-cap and 10 cherry-picking stocks that …
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has distanced itself from a report which claimed that it accused TotalEnergies Nigeria Limited (I.of maltreating Nigerian workers, harassment by expatriates, violations of the Nigerian Local Content Act, and racism, among other claims. PENGASSAN clarified that it had neither issued any statement on the …
The crisis rocking the Labour Party (LP) deepened on Monday as the Julius Abure-led National Working Committee (NWC) rejected reconciliation efforts initiated by Abia State Governor, Dr Alex Otti, describing the move as insincere and ill-timed. The Abure faction insisted that the leadership dispute within the party remains unresolved, stressing that ongoing legal processes have …
A chieftain of the Peoples Democratic Party (PDP), Umar Sani, has condemned the decision of the Federal High Court which nullified the party’s National Convention held in Ibadan, describing it as an abuse of power and an act of judicial overreach. In a statement shared on his verified X (formerly Twitter) account on Tuesday, Sani …
The All Progressives Congress (APC) has constituted a central coordination committee for its 2026 national convention, appointing Imo State Governor, Hope Uzodimma, as chairman. The party announced the development in a statement issued from its national secretariat in Abuja and signed by Surajudeen Basiru, APC national secretary, and Sulaiman Argungu, national organising secretary. According to …
A Kano State High Court has adjourned until April 15 the trial of former governor of the state, Abdullahi Ganduje, his wife, Hafsat Umar, and his son, Abdullahi Umar, alongside five other defendants, over alleged misappropriation of public funds. Ganduje and the defendants are facing an 11-count charge bordering on bribery, conspiracy, misappropriation and diversion …
Nigeria’s Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has called for support of the African Energy Bank (AEB), saying it would not only boost energy self-sufficiency but also guarantee economic sovereignty, industrialization, and inclusive growth on the continent. Lokpobiri stressed that for Africa to build its energy future, it must stem from conscious …
The Senate has confirmed the nomination of Joseph Oyewole as a justice of the Supreme Court of Nigeria. The confirmation followed the consideration and unanimous adoption of a report by the Senate Committee on Judiciary, Human Rights and Legal Matters. Chairman of the committee and senator representing Ondo Central, Niyi Adegbonmire, presented the report during …
Nigeria has officially handed over the headquarters for the Africa Energy Bank (AEB) in Abuja, after completing the construction of the building, paving the way for the institution to begin operations. The handover took place on the sidelines of the 9th Nigeria International Energy Summit (NIES) in Abuja on Monday, February 2, 2026. A statement …
National Chairman of the African Democratic Congress (ADC), David Mark, has said that Nigerians are experiencing greater hardship under the All Progressives Congress (APC)-led Federal Government than under any previous administration. Mark made the statement on Monday during the inauguration of the party’s policy and manifesto committee in Abuja. According to him, the worsening poverty …
