Wike gives STDD ultimatum over waste, orders faster completion of key roads
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has issued a stern warning to the Coordinator of the Satellite Towns Development Department (STDD), Abdulkadir Zulkiflu, threatening immediate dismissal over uncollected refuse heaps in parts of the territory. Wike gave the ultimatum on Friday during an inspection of ongoing infrastructure projects across satellite towns, including Karshi, Bwari and Kubwa, to...
Stock market capitalisation hits N110trn as investors gain N1.1trn
The Nigerian stock market closed the week bullish on Friday, February 6, 2026, with N1.105 trillion profit added to investors' portfolios. Demands for Nigerian Aviation Handling Company, Deap Capital Management, Omatek Ventures, Zichis Agro Allied Industries, Austinlaz, and 55 other equities drove the market’s positive performance. The market capitalisation which opened at N109.129 trillion, gained N1.105 billion or 1.01 per cent to...
Naira trades N1,366/$ at official market
The naira closed the week weaker on Friday, February 6, 2026, trading at N1,366.19 against the United States dollar at the official market. Data released by the Central Bank of Nigeria (CBN) showed that the naira lost 13 kobo. This represented a 0.01 per cent decline from Thursday’s closing rate of N1,366.05 to the dollar. Despite relative stability from recent CBN reforms,...
Tinubu hosts Uba Sani in Aso Rock
President Bola Tinubu on Friday met with Kaduna State Governor Uba Sani at the Presidential Villa in Abuja. The meeting formed part of the ongoing consultations between the Presidency and state governments to strengthen collaboration on national development priorities. Sharing pictures from the meeting on his social media accounts, presidential spokesman Bayo Onanuga wrote: “President Bola Ahmed Tinubu received in audience...
2,000 doctors miss housemanship yearly over limited slots – MDCN
The Medical and Dental Council of Nigeria (MDCN) has revealed that about 2,000 newly qualified doctors are unable to secure housemanship placements each year due to limited capacity under the country’s Centralised Housemanship System. The council’s Registrar, Dr Fatimah Kyari, disclosed this on Tuesday while appearing before the Senate Committee on Health during the 2026 budget defence in Abuja. According to...
UBA GMD Alawuba urges security, bankable projects to drive South-East vision 2050
The Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA) Plc, Oliver Alawuba, has called on leaders in the South-East to prioritise security, infrastructure development and investment-ready projects to accelerate the region’s long-term growth agenda. Alawuba made the appeal while delivering goodwill remarks at the South-East Vision 2050 Regional Stakeholder Forum held at the International Conference...
Cultists kill youth leader, aide in Rivers
Gunmen suspected to be cultists have killed the President of the Omoku Youth Federation, Ifeanyi Azuazu, and his personal aide, Chigozie Oluwu, in Ogba-Egbema-Ndoni Local Government Area of Rivers State. The attack occurred around 6 p.m. on Thursday at a popular drinking spot along Ogolo Street, off Palace Road in Omoku town. Witnesses said about seven armed men arrived in...
FG approves procedure for shoreline allocation, reclamation
The Federal Government has approved a unified Standard Application Procedure (SAP) to regulate all shoreline allocations, reclamation requests, and related approvals across Nigeria. The announcement was made in a statement by Mr. Badamasi Haiba, Director of Press and Public Relations at the Federal Ministry of Housing and Urban Development (FMHUD), on Friday in Abuja. Haiba said the new guidelines are...
Imam prays for Tinubu, says president’s tenure’ll bring hope to hopeless Nigerians
Prof. Luqman Zakariyah, the officiating Imam at the Wedding Fatiha of the children of the Minister of State for Defence, Mohammed Bello Matawalle, has described President Bola Tinubu as a father of all and prayed that his tenure would restore hope to the hopeless in Nigeria. Zakariyah offered the prayers as Tinubu attended the multiple wedding solemnisation at the National...
Reforms attracting major investments to Kaduna — Uba Sani
Kaduna State Governor, Uba Sani, says reforms introduced by his administration over the past two and a half years are beginning to yield tangible investment inflows and economic growth across the state. He said the policy changes have created a more business-friendly environment and earned Kaduna national recognition, with the state ranking second in the 2025 Subnational Ease of Doing...
