The Nigerian stock market entered the second half of 2026 on weaker footing after one of its strongest first-half performances in recent history, raising a critical question for investors: is the recent selloff the start of a prolonged downturn or simply a pause before another rally? Market analysts believe it is the latter. While they …
The Nigerian stock market staged a strong comeback in the trading week ended July 10, 2026, reversing its recent bearish trend as investors added about ₦9.3 trillion to the market's value, driven by renewed buying interest across major sectors and heavyweight stocks. A review of data from the Nigerian Exchange Limited (NGX) showed that the …
Governor commends security forces as Presidency confirms eight kidnappers arrested and others killed during rescue operation Oyo State Governor Seyi Makinde has said the immediate priority of his administration is to reunite the teachers and pupils rescued from kidnappers in Oriire Local Government Area with their families and provide them with the support needed …
The digital media giant says the deal strengthens MultiChoice's position across Africa with expanded global reach and resources. MultiChoice has officially become a wholly owned subsidiary of Canal+, marking the completion of the acquisition and ushering in a new phase for one of Africa's largest pay television operators. The announcement was made in a …
Nigeria's solid minerals exports rose to N354 billion in 2025, reflecting significant growth driven by ongoing reforms aimed at repositioning the mining sector as a major contributor to the nation's economy. The Executive Secretary and Chief Executive Officer of the Solid Minerals Development Fund (SMDF), Hajiya Fatima Shinkafi, disclosed this while delivering the maiden Annual …
Disu says implementation requires consultations, capacity building as Nigeria reaffirms commitment to UN peacekeeping Inspector-General of Police (IGP) Tunji Ditsu has said the proposed establishment of state police will bring law enforcement closer to communities, deepen intelligence gathering and strengthen collaboration between federal and state security institutions. Speaking with journalists in New York on …
44 abducted pupils and teachers regain freedom after nearly two months in captivity as coordinated operation dismantles kidnappers' logistics chain in Old Oyo National Park A month-long, intelligence-driven military operation that secured the release of 44 abducted pupils and teachers in Oyo State came at a cost, with the military confirming on Saturday that …
The African Democratic Congress (ADC) has alleged that the Federal Government is deliberately keeping former Kaduna State Governor, Nasir El-Rufai, in detention as part of a plan to weaken the opposition ahead of the 2027 general election. The party's National Publicity Secretary, Bolaji Abdullahi, made the allegation on Thursday during an appearance on Channels Television's …
The Nigerian Union South Africa (NUSA) has commended the Federal Government for the successful repatriation of over 900 Nigerian citizens from South Africa in the ongoing xenophobic attacks on African migrants in that country. The group called for stronger diplomatic action to protect the lives and property of those who remain in the country. In …
The U.S. Trade and Development Agency (USTDA) has announced support for a new liquefied natural gas project in Nigeria aimed at expanding reliable energy access to industries and underserved communities in the country's northern region. Towards achieving that goal, the agency disclosed in a statement on Friday that it had signed an agreement with Nigerian energy …
