Fire razes 28 apartments, shops in Anambra

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An early-morning fire outbreak on Monday razed a residential building with attached shops at No. 32 Orumba Street, Okpoko, in Ogbaru Local Government Area of Anambra State, destroying at least 28 apartments. The fire reportedly broke out around 2 a.m. in one of the apartments and quickly spread to adjoining rooms before engulfing the shops on the premises. Property worth...

Oil prices slip as investors eye Kazakhstan supply resumption

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Iraq, OPEC+, Japan, Trump, Iran, Oil

Oil prices fell on Tuesday, January 27, 2026, as investors kept an eye on a resumption in supply from Kazakhstan. Brent crude futures fell 44 cents, or 0.7%, to $65.15 a barrel at 0440 GMT, while U.S. West Texas Intermediate crude was down 35 cents, or 0.6%, at $60.28 a barrel. Kazakhstan is poised to resume production from its biggest oil...

Stock market investors trade N17.3bn shares, gain N3bn

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NASCON, Capitalisation, NGX, Market

Stock market investors traded 601.65 million shares worth N17.3 billion in 58,429 transactions on the Nigerian Exchange Limited (NGX) on Monday, January 26, 2026. This is compared with 731.7 million shares valued at N19.05 billion exchanged in 44,005 deals in the previous trading session. The figures represent an 18 per cent decline in trading volume and a nine per cent drop...

Gold rises above $5,100 for first time

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Silver, Gold

Gold prices extended record-setting rally to surge past $5,100 on Monday, January 26, 2026, as central banks and investors sought refuge from geopolitical risks. Spot gold was up 2.2% at $5,092.13 an ounce by 1105 GMT after hitting a record $5,110.50, while U.S. gold futures for February delivery gained the same amount to $5,090.70. Gold soared 64% in 2025 for its...

Kano 2027: Ganduje assures Yusuf of victory as gov rejoins APC

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Former National Chairman of the All Progressives Congress (APC), Dr Abdullahi Ganduje, has assured Kano State Governor, Abba Yusuf, of victory in the 2027 governorship election, saying the party has agreed to back his second-term bid. Ganduje gave the assurance on Monday in Kano while welcoming Yusuf back to the APC, describing his return as a major boost for the...

NCS records ₦7.28trn revenue in 2025

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The Nigeria Customs Service (NCS) generated ₦7.28 trillion in revenue in 2025, exceeding its ₦6.58 trillion target by ₦697 billion, representing over 10 per cent growth. Comptroller-General of Customs, Bashir Adeniyi, disclosed this at the 2026 World Customs Day celebration, noting that revenue rose from ₦6.1 trillion in 2024 to ₦7.28 trillion in 2025 — a year-on-year increase of about...

Kwankwaso’s son resigns as Kano commissioner

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Mustapha Kwankwaso, son of Kwankwasiyya leader Rabiu Musa Kwankwaso, has resigned his position as Kano State Commissioner for Youth and Sports Development and as a member of the State Executive Council. In a resignation letter dated Monday, Mustapha said the decision was taken with a “heavy heart,” while expressing gratitude to Governor Abba Kabir Yusuf for the opportunity to serve...

Alleged coup plot: Military to court-martial 16 officers – DHQ

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The Armed Forces of Nigeria (AFN) has concluded investigations into 16 officers arrested over acts of indiscipline and violations of service regulations, with some set to face court-martial. The Director of Defence Information, Maj.-Gen. Samaila Uba, disclosed this in a statement on Monday in Abuja, recalling that the Defence Headquarters (DHQ) announced the arrests in October 2025. According to him, the...

Governor Yusuf officially joins APC

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Kano gov

Kano State Governor Abba Yusuf on Monday defected to the All Progressives Congress (APC), leading a mass realignment involving 34 lawmakers, 44 Local Government chairmen, and political appointees. Yusuf cited the need to work with President Bola Tinubu to accelerate development and deliver democracy dividends. The governor described the defection as a choice for progress over pride, emphasising the Renewed Hope Agenda’s...

At last, DHQ confirms coup plot, indicted officers to face military trial

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The Defence Headquarters (DHQ) has confirmed that some military officers recently arrested for acts of indiscipline were involved in an alleged plot to overthrow the government and will now face trial before military judicial panels. The Director of Defence Information, Major General Samaila Uba, announced this via a statement issued on Monday, January 26, 2026. Uba stated that investigations into the...