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The Nigerian Exchange recorded an unprecedented milestone yesterday as the all-share index breached the 200,000-point threshold for the first time in the market’s history, driven by strong investor demand and broad-based gains across key sectors. The benchmark index rose 1.55 per cent to close at 201,474.89 points, up from 198,407.3 points in the previous…
Nigeria has recorded 469 confirmed cases of Lassa fever and 109 deaths in the first nine weeks of 2026, with the case fatality ratio climbing to 23.2 per cent, a significant increase from the 18.7 per cent recorded during the same period in 2025, according to the Nigeria Centre for Disease Control and Prevention. The…
Nigeria-based Nigus International Investment Limited and UAE-headquartered Elmirate Investment LLC have signed a strategic partnership agreement expected to attract up to $200 million in investment to develop defence technology, cybersecurity capabilities, and satellite infrastructure in Nigeria, marking a significant expansion of foreign capital into the country’s defence manufacturing sector. The two companies formalized a…
Nigeria’s food inflation rate climbed back into double-digit territory in February 2026, rising to 12.12 per cent and reversing the single-digit slowdown recorded just one month earlier, according to data released by the National Bureau of Statistics on Monday. The February figure represents a sharp month-on-month increase of 3.23 percentage points from the 8.89…
Russia has committed to ending the recruitment of Kenyan nationals into its military forces following high-level diplomatic talks in Moscow between Kenyan Foreign Minister Musalia Mudavadi and Russian Foreign Minister Sergei Lavrov on Monday, March 16, 2026. Mudavadi announced the breakthrough agreement during a joint press briefing with Lavrov, confirming that Kenyan citizens would…
English football clubs Chelsea and Tottenham Hotspur are confronting daunting elimination prospects in the UEFA Champions League after both suffered identical 5-2 defeats in their knockout phase first-leg fixtures, reviving memories of some of European football’s most remarkable turnarounds between the opening and return legs. Chelsea fell to Paris Saint-Germain at the Parc des…
Several passengers sustained injuries on Monday morning after a rear locomotive detached from an Abuja-Kaduna train and collided with a passenger coach near Asham, marking the latest operational setback on Nigeria’s busiest standard gauge rail corridor. The Nigerian Railway Corporation confirmed that the incident occurred at approximately 10:30 a.m. near Asham, between Kubwa and…
The Central Bank of Nigeria has issued a stern warning to all banking customers across the country, urging them to protect their financial information by refusing to share passwords, personal identification numbers, or other sensitive banking details with anyone, including individuals claiming to be bank officials. The advisory, released as part of activities marking Global…
Joan Laporta has been re-elected president of FC Barcelona with a commanding 68.18 percent of votes cast in Sunday’s election, securing a five-year mandate that extends his leadership of the Catalan club until 2031 despite mounting financial pressures and ongoing legal controversies that have dominated his current tenure. The 63-year-old lawyer defeated rival Victor…
Nigeria’s senior women’s basketball team, D’Tigress, suffered a narrow 93-86 defeat to host nation France at the FIBA Women’s World Cup Qualifying Tournament in Lyon on Sunday, despite mounting a spirited second-half comeback that briefly threatened to overturn the European side’s commanding early advantage. The African champions, competing at the Villeurbanne Sports Arena before…
