News

NGX Extends Rally As ASI Rises 0.77 Percent, Market Cap Gains ₦1.22trn

The NGX All-Share Index opened at 244,199.39 points and rose by 1,883.24 points to close at 246,082.63 points, representing a 0.77 percent increase.

FG Makes Tertiary Education Ranking Compulsory, Extends Exercise To Polytechnics, Colleges Of Education

Minister of Education, Dr Maruf Tunji Alausa, announced the expansion on Monday in Abuja during a meeting with the Nigerian Universities Ranking Advisory Committee (NURAC).

Atiku’s $1.2m US Lobbying Deal Sparks Fresh Row Over 2027 Political Campaign

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The Special Adviser to the President on Media and Public Communications, Sunday Dare, made the allegations in a statement in which he described recent reports attributed to a Washington-based consultant as politically motivated claims being packaged as sensitive United States intelligence.

Private Capital Puts $4m Into Solar Mini-Grids Across 19 Northern Communities

The project is expected to reach nearly 100,000 people, including households, schools, health facilities and businesses. Nigerian engineering company Maskh Nigeria Limited is handling procurement, engineering and construction across the project sites under the Demand Aggregation for Renewable Energy Technology Programme.

Nigeria’s Power Sector Contracts 10.63% For Second Straight Quarter Despite Stronger GDP Growth

According to the National Bureau of Statistics, electricity, gas, steam and air-conditioning supply contracted 10.63% year on year in real terms in Q2 2026. Q1 recorded a deeper 15.30% decline, extending the sector’s downturn into a second quarter.

Teen Suicides: US Extradites Two Nigerians Over Sextortion Of American Minors

The United States has extradited two Nigerian men to face prosecution in separate cases involving the alleged financially motivated sextortion of American minors, with one of the defendants facing a charge connected to the death of a victim.

Nairobi Airport Crisis: NCAA Warns Stranded Nigerians Against Protests, Says Disruptions May Persist

The warning was issued as the disruption continued to affect air travellers between Nigeria and Kenya, with passengers stranded in Nairobi and others in Nigeria reporting repeated delays and rescheduling of flights to the Kenyan capital.

Ebola: Lagos Steps Up Preparedness as Outbreak Expands in DR Congo

The Lagos State Government has intensified preparedness for a possible Ebola Virus Disease (EVD) outbreak as health authorities step up vigilance following the expanding Ebola outbreak in the Democratic Republic of the Congo (DRC), which has become the country’s largest Ebola outbreak on record.

2027: Court Adjourns Suit Seeking Tinubu’s Disqualification, Warns Against Media Trial

Marked FHC/ABJ/CS/1888/2026, the suit was instituted by former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, with the ADC joined as the second plaintiff.

Former Edo PDP Chairman Dan Orbih Dies At 64

His family formally announced his passing in a statement signed by Francis Udukhomoi Orbih, Esq., on behalf of the Orbih family. The family said the announcement was made “with profound sadness and a heavy heart but in total submission to the will of the Almighty God.”