Stock market capitalisation rises to N104.5trn as investors gain N745bn
The Nigerian stock market opened the week on a bullish note on Monday, January 12, 2026, with investors gaining N745 billion as market capitalisation climbed to N104.5 trillion. The rally was driven by sustained demand for stocks such as Etranzact, Red Star Express, McNicholas, RT Briscoe and Deap Capital Management, and 45 other advancers. Market capitalisation, which opened at N103.775 trillion,...
Rivers lawmakers urge colleagues to halt Fubara impeachment
Two members of the Rivers State House of Assembly have appealed for leniency over the planned impeachment of Governor Siminalayi Fubara and his deputy, Prof. Nma Odu. The plea was made by the House Majority Leader, Sylvanus Nwankwo, and lawmaker from Degema, Peter Abbey, during a joint briefing in Port Harcourt, the capital of Rivers State, on Monday, January 12,...
Marabout arrested after taking €33,500 to guarantee Mali AFCON victory
A self-styled marabout, or traditional healer, who allegedly collected €33,500 after promising to secure Mali’s victory at the Africa Cup of Nations (AFCON) has been arrested for fraud following the team’s elimination from the tournament. Mali were knocked out of the competition on Friday after losing 1–0 to Senegal in the quarter-finals. Shortly after the defeat, anger erupted among supporters...
NAFDAC issues public alert on UK legal claims against Johnson & Johnson baby powder
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public alert over ongoing legal actions in the United Kingdom involving Johnson & Johnson’s talc-based baby powder and alleged cancer risks linked to asbestos contamination. In Public Alert No. 043/2025, NAFDAC disclosed that more than 3,000 claimants in the UK have filed lawsuits alleging that long-term...
FG orders night repair of Lagos-Abeokuta expressway
The Federal Government has ordered immediate commencement of palliative works on the Lagos-Ota-Abeokuta expressway to address critical failures and restore traffic flow. The Minister of Works, David Umahi, gave the directive during an inspection of the highway linking Lagos and Ogun States on Monday, January 12, 2026. Umahi said although about 22km was assessed, active intervention would focus on about 18km...
Bandits injure three passengers, kill police officer in Otukpo attacks
Suspected bandits on Friday evening attacked a Benue Links passenger bus along the Makurdi–Otukpo Road, injuring three passengers, while a separate attack later resulted in the death of a police officer in Otukpo Local Government Area of Benue State. The first incident occurred at about 7:20 p.m. on January 10, when a Toyota Hiace bus belonging to Benue Links Ltd,...
Popular skit maker ‘Sunshine’ dies after surgery complications
Nigerian skit maker and content creator Esther Thomas, popularly known as Sunshine, has died following complications from a surgical procedure. Her family confirmed her passing in a statement shared on Instagram, announcing that she died on Friday, January 9, 2026. According to the statement, Sunshine passed away after complications arose from surgery to remove fibroids. “With pain in our hearts, we regret...
US cancels 100,000 visas under Trump’s renewed immigration crackdown
The United States has revoked more than 100,000 visas since President Donald Trump returned to office, marking a record number of cancellations within a single year, according to the State Department. A spokesperson for the department, Tommy Pigott, said on Monday that the Trump administration has placed top priority on national security and sovereignty. He noted that the scale of the...
Real Madrid sack Alonso, appoint Alvaro Arbeloa new coach
Real Madrid have parted ways with Xabi Alonso as the head coach of the club after just seven months in the role. Alvaro Arbeloa, who has been coach of Real Madrid's B team since June 2025 - and also spent the last six years working with the academy - has been named as Alonso's replacement. Madrid announced Alonso's departure via a...
Court remands AAU students, others over Ekpoma protest
A Benin High Court has ordered the remand of 52 persons, including students of Ambrose Alli University (AAU), Ekpoma, Edo State, at the Ubiaja Correctional Centre over allegations of malicious damage and armed robbery linked to a recent protest in the area. The presiding judge, Justice William Aziegbemi, on Monday ruled that the court lacked jurisdiction to hear the matter...
