Stock market investors lose N478bn amid bearish rally
The Nigerian stock market closed lower on Tuesday as investors recorded a loss of N478 billion following profit-taking in major stocks. The decline was driven by losses in large- and mid-cap stocks, including PZ Cussons, Computer Warehouse Group (CWG), ABC Transport, Wema Bank, Sovereign Trust Insurance, and 33 other stocks. Market capitalisation declined from an opening value of N158.697 trillion to...
2026 Hajj: Kaduna pilgrims return from Saudi Arabia June 15
The Kaduna State Pilgrims Welfare Agency says the return airlift of Kaduna pilgrims from Saudi Arabia will commence on June 15, 2026. The chairman of the agency, Salihu Abubakar, disclosed this in a statement issued by the agency’s Public Relations Officer, Ibrahim Datti, on Tuesday, June 2. Abubakar said all pilgrims would be airlifted back to Nigeria in the same order in...
Tinubu commends MREIF as ₦128bn mortgage scheme reaches 1,859 families
President Bola Ahmed Tinubu has hailed the impact of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), following the disbursement of ₦128 billion in affordable mortgages to 1,859 families across 25 states. The President said the initiative, implemented under the Renewed Hope Agenda, is helping to bridge Nigeria’s long-standing housing finance gap by offering mortgages of up to...
Tinubu returns to Abuja after Eid-el-Kabir holiday in Lagos
President Bola Tinubu has returned to Abuja after the Eid-el-Kabir holiday in Lagos, during which he undertook a series of important political, governmental, and national engagements. Tinubu, whose plane touched down at the Presidential Wing of the Nnamdi Azikiwe International Airport in Abuja at exactly 5:17 p.m. on Tuesday, was received by the Minister of the Federal Capital Territory, Nyesom...
N10.2bn fraud: EFCC closes case against Ali Bello after 17 witnesses
The Economic and Financial Crimes Commission (EFCC) on Tuesday, June 2, 2026, concluded its prosecution in the alleged N10.27 billion fraud case involving Ali Bello, a nephew of former Kogi State Governor, Yahaya Adoza Bello, and his co-defendant, Dauda Suleiman. The case, heard before Justice James Omotosho of the Federal High Court in Maitama, Abuja, centres on an amended 16-count...
APC promises greater inclusion for women ahead of 2027 elections
The All Progressives Congress (APC) has pledged to expand women’s representation in governance, with its National Chairman, Nentawe Goshwe Yilwatda, assuring that more opportunities will be created for women in elective and appointive positions ahead of the 2027 general elections. Yilwatda gave the assurance on Tuesday while receiving the APC National Women Leader, Mary Alile Idele, alongside zonal and state...
CAN declares ‘Black Sunday’, asks FG to declare state of emergency on security
The Christian Association of Nigeria (CAN) has called on the Federal Government to declare a state of emergency on security, warning that escalating killings, kidnappings and terrorist attacks have plunged the country into a deep national crisis. The call was contained in a communique issued at the end of the National Church Denominational Leaders Summit held in Abuja on Tuesday,...
INEC probes misuse of CVR access credentials, denies database hack
The Independent National Electoral Commission (INEC) has launched an investigation into allegations of unauthorised access to its Continuous Voter Registration (CVR) database, following the circulation of sensitive voter information linked to a political party’s primary election in the Federal Capital Territory. In a press statement issued on Tuesday, INEC said it had taken the matter seriously and commenced a detailed...
Quit if you fail, Adeboye warns security chiefs over terrorism
The General Overseer of the Redeemed Christian Church of God, Enoch Adeboye, has called on the Federal Government to issue a 90-day ultimatum to Nigeria’s security chiefs to eliminate terrorism or step down from their positions. Adeboye made the appeal in a video shared on his X (formerly Twitter) account on Tuesday, expressing deep concern over the country’s deteriorating security...
4 killed as gunmen attack Soludo’s Chief of Staff’s convoy in Anambra
The Anambra State Government has confirmed the death of four people following an attack by gunmen on the convoy of Ben Nwankwo, the Chief of Staff to Governor Chukwuma Soludo. The Anambra State Commissioner for Information and Value Reformation, Law Mefor, in a statement, disclosed that the attack occurred on Sunday between 8:00 p.m. and 9:00 p.m. along the Orumba...
