Stock market opens 2026 with ₦561bn gain

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Insurance, NASCON, Capitalisation, NGX, Market

The Nigerian stock market began the new year on a strong note, extending its bullish run on Friday — the first trading session of 2026 — as investors gained ₦561 billion on renewed buying interest in major equities. Strong performances from FTN Cocoa Processors, ABC Transport, Mutual Benefits Assurance, Deap Capital Management, Aluminium Extrusion Industries and 48 other stocks lifted...

New Year: Oyebanji urges support for Tinubu, says guber election won’t affect governance

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Oyebanji

Ekiti State Governor Biodun Oyebanji has urged the people of the state to support President Bola Tinubu in his bid to tackle hardship in Nigeria. Oyebanji urged the people of Ekiti State to intensify their prayers for Tinubu and his administration to successfully implement impactful reforms that will make life better for Nigerians. The governor stated these at an Inter-faith Thanksgiving...

Court to decide Malami, son, wife’s bail application January 7

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A Federal High Court in Abuja has scheduled January 7 for its ruling on the bail applications of former Attorney-General of the Federation, Abubakar Malami (SAN), his wife, Bashir Asabe, and his son, Abubakar Abdulaziz. Justice Emeka Nwite fixed the date after lawyers representing the defendants, led by Joseph Daudu (SAN), and counsel for the Economic and Financial Crimes Commission,...

How Kaduna plans to fund 2026 budget without fresh loans, by Commissioner

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The Kaduna State Commissioner for Planning and Budget, Hon. Muktar Ahmed Monrovia, says the 2026 budget will be financed without any new loans, noting that Governor Uba Sani has not borrowed since assuming office. In a statement by the Chief Press Secretary, Malam Ibraheem Musa, the Commissioner explained that the budget will be funded through statutory allocations, internally generated revenue,...

Plateau governor joins APC, obtains membership card

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Plateau

Plateau State Governor Caleb Mutfwang has officially joined the ruling All Progressives Congress (APC). The APC Chairman in Plateau State, Rufus Bature, presented the membership card of the party to Mutfwang in Jos, the state capital, on Friday, January 2, 2026. Speaking at the event, Mutfwang said his defection to the APC was in the interest of the state. The governor, who...

CBN forecasts inflation slowdown to 12.94% in 2026

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The Central Bank of Nigeria (CBN) says inflation in the country is expected to drop to an average of 12.94 percent in 2026, largely due to lower food and petrol prices. This projection was contained in the bank’s 2026 macroeconomic outlook released on Wednesday, where it also predicted that Nigeria’s economy would grow by about 4.49 percent next year. According to...

₦300m bribery claim causes rift among anti-tax protest organisers

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Hunger, Amnesty International, Protesters, Court, Minister

Plans for a nationwide protest against Nigeria’s new Tax Reform Laws, scheduled for January 20, 2026, have been thrown into confusion following allegations that organisers received a ₦300 million bribe. A splinter group on Friday announced it was pulling out of the demonstration, accusing key leaders of the movement of accepting the money and attempting to use the protest to...

Court fixes date for ruling on Malami, son, wife’s bail application

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The Federal High Court in Abuja, on Friday, fixed January 7, 2025, for a ruling on the bail applications filed by the former Attorney-General of the Federation (AGF), Abubakar Malami (SAN); his son, Abubakar Abdulaziz; and wife, Bashir Asabe. Justice Emeka Nwite fixed the date after the defence counse, Joseph Daudu (SAN), and the EFCC’s lawyer, Ekele Iheanacho (SAN), adopted...

AFCON 2025: Lookman, Chelle make group stage best XI

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Lookman

Super Eagles forward Ademola Lookman and Coach Eric Chelle headlined the Africa Cup of Nations (AFCON) 2025 Group Stage Best XI after standout performances in the tournament’s opening round. The group stage delivered quality and consistency, with top stars shaping games across all positions and setting the tone for a fiercely competitive knockout phase. Goalkeeper: Mohamed El Shenawy (Egypt) Egypt’s Captain Mohamed...

TikTok star Peller seeks ₦11m support to repair crashed Mercedes SUV

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Popular TikTok influencer Habeeb Hamzat, better known as Peller, has appealed to his fans and followers for financial help to fix his luxury Mercedes-Benz SUV, which was badly damaged in a road accident. Peller made the appeal during a recent live session on TikTok, revealing that mechanics quoted ₦11 million for the repairs — a cost he says he cannot...