Breaking Politics

Governor Caleb Mutfwang Defects to APC, Receives Membership Card 

  • January 2, 2026
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Governor Caleb Mutfwang Defects to APC, Receives Membership Card   In a stunning political development that has sent ripples across Nigeria’s political landscape, the Executive Governor of Plateau State, Barrister Caleb Manasseh Mutfwang, has officially defected from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). Governor Mutfwang received his APC membership […]

News

Atoyebi Defends Tinubu’s Ideology, Backs Second Term, Says BAT Ideological Group Is Bigger Than Politics

The Convener of the BAT Ideological Group, Bamidele Atoyebi, has defended President Bola Ahmed Tinubu’s leadership philosophy, insisting that the movement he leads is not a quest for personal recognition or political favour but a long-term ideological project aimed at institutionalising Tinubu’s governance style and political values in Nigeria.   Atoyebi made the remarks during […]

News

‎Naira Ends 2025 at 1,436/$, Appreciate by 7.74%

  • January 2, 2026
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  ‎Naira Ends 2025 at 1,436/$, Appreciate by 7.74% ‎   ‎The Nigerian naira gained value against the US dollar at the official trading desk, supported by the Central Bank of Nigeria’s recent foreign exchange injections aimed at increasing market liquidity. ‎ ‎Official figures indicate that the currency strengthened by N9, finishing at N1,436.31 per […]

Breaking

Traders in Despair as Inferno Razes Ikotun Market

  • January 2, 2026
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Traders in Despair as Inferno Razes Ikotun Market ‎ ‎A catastrophic fire has completely leveled a vast section of the renowned Ikotun Market in the Alimosho Local Government Area, resulting in the total destruction of goods and properties worth millions of naira.   The massive blaze, which reportedly broke out during the early hours of […]

Politics

Otedola Credits Tinubu, CBN Reforms with Renewed Investor Confidence in Nigeria

Billionaire investor and industrialist, Femi Otedola has attributed recent signs of economic stabilisation in Nigeria to what he described as decisive leadership by President Bola Ahmed Tinubu and disciplined monetary reforms under Central Bank of Nigeria (CBN) Governor, Yemi Cardoso. Otedola, who has spent over three decades investing across key sectors of the Nigerian economy, […]

business

CBN Sees Bank Reforms Powering Capital Market Rally

Nigeria’s capital market is expected to sustain a positive momentum in 2026, with reforms in the banking sector emerging as a major catalyst, according to projections by the Central Bank of Nigeria (CBN). In its latest report titled “Macroeconomic Outlook for Nigeria, 2026: Consolidating Macroeconomic Stability Amid Global Uncertainty”, the apex bank expressed optimism that […]

Breaking

LCCI Urges FG to Get Tax Reform Implementation Right as Nigeria Enters 2026

The Lagos Chamber of Commerce and Industry (LCCI) has warned that the success of Nigeria’s newly signed Tax Reform Act will depend largely on how transparently and effectively it is implemented, stressing that poor execution could undermine economic recovery efforts. In its 2025 economic review and 2026 outlook, the chamber said the Federal Government must […]

business

Rapid Vessel Approvals Highlight Regulatory Efficiency Amid November Fuel Import Surge

Official records from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) indicate that petroleum product vessels calling at Nigerian ports in November 2025 were largely cleared within 24 hours, reflecting faster turnaround times in the country’s downstream regulatory process. Data from the authority’s vessel clearance schedule for the month show that many applications were […]

business

Uneven Stock Rally Reshapes Billionaires’ Fortunes as NGX Posts Best Return in 18 Years

Nigeria’s stock market wrapped up 2025 with one of its strongest performances in nearly two decades, but the historic rally masked sharp contrasts beneath the surface, particularly in how it affected the fortunes of the country’s wealthiest investors. The NGX All-Share Index surged by 51.19 per cent year-to-date to close at 155,613.03 points, marking its […]