News

ASUU says the Federal Government has failed to honour key provisions of the 2025 agreement, leaving lecturers without outstanding withheld salaries, wage awards and promotion arrears. The union directs branches in more than 20 public universities to begin...

Market capitalisation declined by N257 billion, from N156.880 trillion at the opening to N156.623 trillion at the close. The NGX All-Share Index fell by 398.18 points, from 243,017.38 to 242,619.20. Market breadth remained negative, with 21 gainers against...

President Bola Tinubu has directed INEC to conduct a transparent, free and fair governorship election in Osun, insisting the outcome must reflect the will of the people. The President challenged the electoral umpire to use the August 15...

Former Vice President Atiku Abubakar personally appeared before the Federal High Court in Abuja to swear to an affidavit challenging President Bola Tinubu’s eligibility for the 2027 presidential election. The suit alleges that Tinubu submitted an NYSC certificate...

Agusto & Co has withdrawn its A- rating on Geregu Power and its N40.09bn bond after the company missed scheduled coupon and principal payments. The ratings agency said it can no longer rely on Geregu’s financial statements pending...

The Nigeria Police Force has announced a statewide restriction of movement from midnight on Friday as part of sweeping security measures for Saturday's Osun governorship election. Helicopters, drones, Police Mobile Force squadrons and Special Protection Units have been...

Investors submitted ₦4.93trn for just ₦600bn of OMO bills, underscoring the strong appetite for CBN’s high-yielding securities. The auction was oversubscribed by more than eight times. The 138-day OMO bill attracted ₦3.66trn in bids against ₦300bn offered, with...

Kebbi Police have arrested a 29-year-old suspect after uncovering an alleged ritual plot involving the burial of a copy of the Holy Qur’an and fetish materials inside a woman's room in Zuru. Investigators allege the ritual was intended...

Apple built a custom artificial intelligence model with direct assistance from Alibaba to secure regulatory clearance in mainland China. Aggressive market pressure from domestic rivals like Huawei forced Apple to abandon its standalone global software strategy. The Chinese...

Investors placed ₦498.6bn worth of bids for Dangote Sugar’s rights issue, exceeding the ₦485.9bn offer by ₦12.7bn. The strong demand pushed the offer into oversubscription. The company received 14,595 valid applications for 8.31bn shares, representing a 102.6 percent...