Stock market capitalisation rises to N106trn

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Sell-offs, UCAP, Seplat, Investors, MTN, Stock market

The Nigerian stock market sustained its positive momentum on Tuesday, January 27, 2026, as market capitalisation rose by 0.12 per cent to close at N106.088 trillion. This represents an increase of N126 billion from the N105.962 trillion recorded in the previous session. The All-Share Index (ASI) also appreciated by 0.12 per cent, gaining 196.26 points to close at 165,713.82, compared with...

Nigeria, Turkey unveil joint committee for $5bn trade target

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Turkey

Nigeria and Turkey have announced an agreement to establish a Joint Economy and Trade Committee to increase bilateral trade to $5 billion. Turkish President Recep Erdogan stated this during a joint press briefing with President Bola Tinubu during the Nigerian leader’s state visit in Ankara, the capital of Turkey, on Tuesday, January 27, 2026. Erdogan said Turkey targets a $5 billion...

Nigeria, Turkey sign 9 agreements to boost bilateral ties

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Nigeria

Nigeria and Turkey have signed nine agreements to strengthen bilateral ties as part of President Bola Tinubu’s ongoing state visit to the country. Tinubu signed the agreements alongside Turkish President Recep Erdogan and ministers from both countries after concluding a bilateral meeting in Ankara, the capital of Turkey, on Tuesday, January 27, 2026. The agreements include Agreement on Cooperation in the...

Defection: Kwankwaso laments ‘unprecedented injustice,’ recounts 2019 political struggles

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The National Leader of the New Nigeria Peoples Party (NNPP), Senator Rabiu Musa Kwankwaso, has expressed anger over what he described as an unprecedented act of injustice, saying he has never witnessed such treatment in his long political career. Kwankwaso made the remarks while addressing supporters at his Miller Road residence in Kano, in a video shared on Facebook by...

Awujale selection: Osugbo faults exclusion from kingmakers’ council

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Members of the Osugbo Society in Ijebu-Ode have raised concerns over their exclusion from the process of selecting a new Awujale of Ijebuland, describing the move as a violation of established tradition. The society also expressed dissatisfaction with the alleged inclusion of individuals in the selection process without proper background checks. The concerns were raised on Tuesday during the Osugbo...

Tinubu asks Senate to amend Federal High Court Act, raises justices to 90

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CCB, Ambassadorial nominees, Tinubu

President Bola Tinubu has urged the Senate to amend the Federal High Court Act to increase the statutory number of Justices of the Federal High Court from 70 to 90. Tinubu’s request was contained in a letter conveying the amendment bill, addressed to Senate President Godswill Akpabio and read at plenary in Abuja on Tuesday, January 27, 2026. Tinubu said Section...

2027: Defection won’t stop us from reclaiming Kano — NNPP

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The Lagos State chapter of the New Nigeria Peoples Party (NNPP) has vowed to reclaim Kano State in the 2027 general elections, despite the recent defection of its only governor, Alhaji Abba Yusuf, to the ruling All Progressives Congress (APC). The party’s State Publicity Secretary, Mr. Richard Benson, stated this in an interview with the newsmen on Tuesday in Lagos,...

Gov Yusuf flags off APC e-registration exercise

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Kano State Governor, Abba Yusuf, has officially inaugurated the All Progressives Congress (APC) e-registration exercise in the state, describing it as a key step toward strengthening internal democracy and expanding the party’s membership. The launch follows Governor Yusuf’s return to the APC on Monday, according to a statement by his spokesperson, Sanusi Dawakin-Tofa, in Kano on Tuesday. At the inauguration, Governor...

Uba Sani kicks off reconstruction of ABU Zaria road network

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Kaduna State Governor, Uba Sani, has inaugurated the reconstruction and upgrading of the 60-kilometre internal road network at the main campus of Ahmadu Bello University (ABU), Zaria. Speaking at the groundbreaking ceremony on Tuesday, the governor said the project would include proper drainage systems, street lighting, pedestrian walkways and disability-accessible routes, stressing that safety and inclusiveness are central to the...

FCT strike: Wike rejects blackmail, says govt open to dialogue

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The Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, has affirmed that his administration remains open to reasonable dialogue with striking workers, warning that intimidation or political blackmail will not influence government decisions. Wike spoke to journalists in Abuja following a court ruling ordering workers to resume duties, emphasizing that the administration had already addressed most legitimate demands...