…Prosecutes suspects to boost investor confidence The Securities and Exchange Commission (SEC) has shut down more than 400 fraudulent investment schemes across Nigeria, with several suspects currently facing prosecution, as part of intensified efforts to safeguard investors and restore confidence in the capital market. This was disclosed by Bola Ajomale during the opening of the…
By Adeyemi David The Federal Government of Nigeria has declared Thursday, March 19, and Friday, March 20, 2026, as public holidays to mark the celebration of Eid-el-Fitr. The announcement was made in a statement issued on Tuesday by the Permanent Secretary of the Ministry of Interior, Magdalene Ajani. According to the statement, the Minister of…
By Seun Ibiyemi The Nigerian stock market extended its bullish momentum on Tuesday, with investors gaining N687 billion amid sustained buying interest in key equities. Market capitalisation rose by 0.54 per cent, increasing from N129.329 trillion to N130.026 trillion at the close of trading, reflecting renewed investor confidence. Similarly, the NGX All-Share Index advanced by…
By Seun Ibiyemi The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, has hosted the “Girls in Aviation Day” initiative to encourage young girls to explore careers in aviation and technology. The event, held on March 7, 2026, at Gnassingbé Eyadéma International Airport, formed part of activities…
BY Seun Ibiyemi The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘B’, has intercepted two live pangolins being illegally transported along the Kano–Jigawa axis, highlighting the agency’s commitment to combating wildlife trafficking. The seizure occurred on 12 March 2026 at around 10:00 a.m. during a stop-and-search operation, when operatives flagged down a vehicle…
By Seun Ibiyemi Operatives of the Enugu State Police Command, working with a detachment of the Nigerian Army stationed at Awgu, have arrested two suspected armed robbers and recovered a tricycle reportedly snatched in the area. According to a statement by the Enugu State Police Public Relations Officer, SP Daniel Ndukwe, the arrest followed a…
By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has successfully concluded the pre-qualification stage of the 2025 Oil Licensing Round, paving the way for companies to access critical data ahead of the bidding process. A statement by Head of Media and Strategic Communication at NUPRC, Eniola Akinkuotu on Tuesday in Abuja, confirmed that…
By Seun Ibiyemi Nigeria has secured a landmark £746 million financing agreement with the United Kingdom to modernise its two busiest seaports, Apapa and Tin Can Island, marking the most significant upgrade of the country’s port infrastructure in nearly five decades. The deal, unveiled by the Minister of Marine and Blue Economy, Adegboyega Oyetola, is…
An Abuja High Court has fined the Economic and Financial Crimes Commission (EFCC) N500,000 for repeated delays in the ongoing trial of former Central Bank Governor, Godwin Emefiele. Justice Hamza Muazu imposed the fine on Tuesday after the anti-graft agency failed to produce a key witness, Deputy Commissioner of Police (DCP) Edwin Okpoziakeo, in court…
Four individuals have been arraigned before an Iyaganku Chief Magistrates’ Court in Ibadan over the alleged theft of gold valued at N27.6 million. The defendants, Israel Mapko (60), Kabirat Nurudeen (48), Salisu Adamu (58), and Abiola Modesola (49) were charged with conspiracy, stealing, and receiving stolen goods. They pleaded not guilty to the charges.The prosecutor,…
