Stock market investors lose N2.2trn as profit-taking persists
The Nigerian stock market closed on a bearish note on Wednesday, June 3, 2026, as investors lost N2.280 trillion in market value. Continued profit-taking in large- and mid-capitalised stocks such as WAPCO, Zichis Agro-Allied Industries, Learn Africa, John Holt, Consolidated Hallmark Insurance, and 39 other stocks dragged the equities market into negative territory. Market capitalisation declined by N2.280 trillion, or 1.44...
School abduction: Oyo lawmakers warn against negotiation with bandits
The Oyo State House of Assembly on Wednesday called on relevant authorities to intensify efforts to rescue victims abducted by bandits in the Oriire Local Government Area of the state. The lawmakers, during plenary in Ibadan, also rejected suggestions and calls in some quarters urging the Oyo State Government to negotiate with the terrorists. The Speaker, Adebo Ogundoyin, firmly dismissed calls...
Aiyedatiwa reveals foiled plot to bomb Ondo govt house
Ondo State Governor, Lucky Aiyedatiwa, has disclosed that security operatives recently thwarted an alleged plot to bomb the Ondo State Government House, describing the operation as a major security breakthrough. The governor made the revelation during an interview on Channels Television while reflecting on the security situation in the state following the conviction of suspects linked to the June 5,...
Lack of integrity fuelling Nigeria’s challenges — ICPC
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Musa Aliyu, has identified poor integrity and weak ethical standards as major drivers of Nigeria’s governance and developmental challenges. Aliyu made the remarks on Wednesday while delivering his opening address at the International Conference on Anti-Corruption, Transparency and Integrity in Governance held in Keffi, Nasarawa State. The event...
FG shifts Great Green Wall HQ to Kano
The Federal Government has moved the headquarters of the National Agency for the Great Green Wall (NAGGW) from Abuja to Kano State in a move aimed at bringing the agency closer to its core areas of operation. Minister of Environment, Balarabe Abbas Lawal, said the decision is intended to improve coordination, monitoring, and execution of projects targeted at combating desertification...
Amotekun debunks bandit attack, begins 24-hour patrol in Ondo
The Ondo State Security Network Agency, known as Amotekun Corps, has urged residents of the state to disregard reports of bandit invasion in the state and refrain from spreading unverified information. The Corps Public Relations Officer, Superintendent Jimoh Adeniken, made this known via a statement issued on Wednesday, June 3, 2026. Adeniken stated that there was no confirmed case of bandit...
Man dies after entering well to retrieve phone in Kano
A 45-year-old man, Yusuf Usman, has died after climbing into a refuse-filled well in Kwa Town, Dawakin Tofa Local Government Area of Kano State, in an attempt to retrieve a mobile phone. The Kano State Fire Service confirmed the incident in a statement issued on Wednesday by its spokesperson, Saminu Abdullahi. According to the statement, the agency received a distress call...
Atiku to Tinubu: Adelabu family abduction shows rising insecurity
Former Vice-President Atiku Abubakar has criticised the administration of Bola Ahmed Tinubu over the abduction of the sister and twin nephews of Adebayo Adelabu, describing the incident as evidence of deepening insecurity in the country. In a statement issued on Wednesday by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku expressed sympathy with the Adelabu family and said...
Family urges calm after kidnap of Adelabu’s sister, sons
The family of Adebayo Adelabu has appealed for calm following the abduction of his younger sister, Mrs. Olaide Busayo Adegoke John-Paul, and her twin sons in Ibadan, Oyo State. In a statement issued on Wednesday, the family confirmed that the victims were kidnapped in the early hours of the day while heading out to school. The incident reportedly occurred around...
Plateau 2027: Group defends Mutfwang’s govt, knocks PDP candidate over criticism
The Plateau Initiative for Growth and Development (PIGD) has called on politicians in Plateau State, especially the factional governorship candidate of the Peoples Democratic Party (PDP), Sunday Biggs, to rise above what it described as unnecessary semantics and focus on the realities on ground. The PIGD, in a statement issued on Wednesday by its National Coordinator, Nengak David, said Plateau’s...
