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Strong investor appetite for banking and industrial equities pushed Nigeria’s stock market to a fresh record, extending a four-week rally that added over N5.5 trillion in market value. Trading data from the Nigerian Exchange Limited showed that gains across key large-cap stocks drove the All-Share Index higher by 4.0 per cent week-on-week to 225,406.05…
Nigeria’s aviation fuel market is facing renewed regulatory intervention as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) moves to stabilise rising costs affecting domestic airlines. A technical committee convened by the regulator on April 24, 2026, has recommended that Jet-A1, commonly known as aviation fuel, should be sold within a price band…
Fresh controversy has emerged over the scale of funds allegedly recovered from the residence of businesswoman Aisha Achimugu, as she publicly disputes claims linking her to $13 million in cash during an operation by the Economic and Financial Crimes Commission. Speaking on Channels Television on Monday, Achimugu maintained that while her home was indeed…
A deadly highway bombing in southwestern Colombia has intensified security concerns ahead of next month’s presidential election, with authorities confirming 21 fatalities and dozens injured in what is now described as one of the worst civilian attacks in decades. The explosion, which occurred on Saturday in Cauca department, targeted a major road linking Cali…
West African football will take centre stage in 2027 following confirmation that Ghana has secured hosting rights for the CAF U-20 Africa Cup of Nations, a key development competition on the African football calendar. The announcement was disclosed by the Ghana Football Association in a statement published on its official X platform on Monday,…
A delicate diplomatic mission is underway in Washington as King Charles III arrived in the United States on Monday for a four-day state visit shaped by geopolitical tensions, security concerns, and efforts to stabilise strained transatlantic relations. The British monarch, accompanied by Queen Camilla, landed at Joint Base Andrews, Maryland, marking his first official…
Jury selection has begun in a closely watched US court case that places Elon Musk and Sam Altman at the centre of a legal dispute over the original purpose of OpenAI and its evolution into a commercial powerhouse. Proceedings taking place near San Francisco mark the formal start of a trial driven by Musk’s…
Public scrutiny has intensified around the Nigerian Army following the death of Abdulsamad Jamiu, a serving member of the National Youth Service Corps, in Dei-Dei, Abuja, with sharply conflicting accounts raising questions about what transpired in the early hours of Saturday. In an official statement issued on Sunday, Acting Assistant Director of Army Public…
Victor Osimhen delivered a pointed message to the rest of the Turkish Süper Lig after scoring in Galatasaray’s derby victory over Fenerbahçe on Sunday, declaring that no opponent is capable of stopping him when the opportunity presents itself. The Nigerian striker, currently on loan at the Istanbul club from Serie A side Napoli, has…
Global oil markets recorded sharp gains on Monday following the collapse of planned peace negotiations between the United States and Iran, prolonging an eight-week military standoff that continues to disrupt international shipping. US President Donald Trump abruptly cancelled a scheduled diplomatic mission to Pakistan over the weekend, citing a lack of substantial progress, while…
