Stock market extends bullish trend as investors gain N578bn

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

The Nigerian stock market closed bullish on Tuesday, December 23, 2025, leading to N578 billion gains for investors. This marks the ninth consecutive bullish session. Gains in stocks including Aluminium Extrusion Industries, Austinlaz, Custodian Investment, First Holding Company, FTN Cocoa Processors, and 24 others drove the market into positive terrain. The market capitalisation, which opened at N97.193 trillion, added N578 billion or...

Carabao Cup: Arsenal beat Crystal Palace to set up semi-final clash with Chelsea

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Carabao Cup

Arsenal goalkeeper Kepa Arrizabalaga was the club’s Carabao Cup quarter-final hero with the decisive penalty shoot-out save that completed a miserable evening for Crystal Palace defender Maxence Lacroix on Tuesday. Lacroix's own goal put Arsenal ahead with 10 minutes left at the Emirates Stadium before Marc Guehi snatched Palace's stoppage-time equaliser in the 1-1 draw. That set the stage for a...

Turaki-led NWC dismisses factional crisis in PDP, accuses INEC of bias

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Turaki, PDP

The National Working Committee (NWC) of the Peoples Democratic Party, led by Kabiru Turaki (SAN), has reaffirmed that the PDP is not divided into factions, insisting that all legitimate organs of the party remain under its control. The party made the clarification while reacting to a letter by the Independent National Electoral Commission (INEC), in which the commission said it...

AFCON 2025: Super Eagles defeat Tanzania in Group C opener

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Super Eagles

The Super Eagles of Nigeria opened their 2025 Africa Cup of Nations (AFCON) campaign with a 2–1 victory over Tanzania at the Complexe Sportif de Fes in Morocco on Tuesday. The match remained goalless until the 36th minute when defender Semi Ajayi powered home a header from Alex Iwobi’s cross to give Nigeria the lead going into the break. Tanzania drew...

Insecurity: Kano deploys 2,000 neighbourhood watch corps 

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Kano State Governor Abba Kabir Yusuf on Tuesday officially launched the Kano State Neighbourhood Watch Corps, a newly established community-based security outfit aimed at strengthening grassroots safety across the state. The passing-out parade and commissioning ceremony took place at the Sani Abacha Stadium in Kano, where 2,000 trained operatives were unveiled. The corps comprises 1,870 men and 130 women who will...

INEC schedules Rivers by-elections for February 2026

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The Independent National Electoral Commission (INEC) has fixed Saturday, February 21, 2026, for the conduct of bye-elections into the Ahoada East II and Khana II State Constituencies of Rivers State. INEC disclosed this in a statement issued by Mohammed Haruna, chairperson of the Commission’s Information, Voter Education and Publicity Committee, following the approval of the timetable and schedule of activities...

PDP leadership: INEC rejects Turaki-led NWC, cites valid court judgements

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INEC

The Independent National Electoral Commission (INEC) has restated its decision not to recognise the leadership outcomes of the Peoples Democratic Party (PDP) National Convention reportedly held on 15–16 November 2025, citing subsisting court judgments and ongoing legal processes. In a letter dated 22 December 2025 and signed by the Secretary to the Commission, Dr. Rose Oriaran-Anthony, INEC confirmed receiving several...

NAF C-130 aircraft lands safely in Banjul

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The Nigerian Air Force (NAF) has confirmed that its C-130 aircraft, which earlier made a precautionary landing during a ferry flight, has safely continued its journey and landed in Banjul, The Gambia. The aircraft had earlier transited Accra, Ghana, in line with an updated flight plan and is en route via Casablanca to Portugal for scheduled depot maintenance. In a statement,...

Police arrest three masquerades over illegal street display in Akwa Ibom

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The Akwa Ibom State Police Command has arrested three masquerades for allegedly parading the streets without authorisation and injuring members of the public. The State Commissioner of Police, Baba Azare, disclosed this on Monday while briefing journalists in Uyo. He said the arrests were made in Eket Local Government Area during the Ekid Day celebration held on Saturday. According to Azare, some...

Court forfeits ₦5.28bn Abuja housing lands linked to alleged $65m fraud

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The Federal High Court in Abuja has ordered the permanent forfeiture of two parcels of land in the Federal Capital Territory valued at ₦5.28 billion, which were originally designated for the Goodluck Jonathan Legacy Model Housing Estate. Justice Mohammed Umar granted the order following an application filed by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The application...