Nestle, Guinness, others lift stock market by N331bn
The Nigerian stock market closed bullish on Thursday, December 18, 2025, leading to N331 billion gains for investors. This marked the fourth consecutive positive rally in the week. The positive performance was driven by sustained investor’s interest in stocks such as Nestle Nigeria, Guinness Nigeria, Aluminium Extrusion Industries, Daar Communications, Mucure, and 30 others. The market capitalisation, which opened at N95.525 trillion,...
Wike-led PDP faction dissolves party executives in 14 states
The Peoples Democratic Party (PDP) National Working Caretaker Committee faction backed by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dissolved State Working Committees in 14 states. The decision was announced in a communique issued after the faction’s meeting in Abuja on Thursday, December 18, 2025. The communique was read by the acting Publicity Secretary, Haruna Jungun. Jungun said...
Kwara Assembly suspends lawmaker for recording closed-door meeting
The Kwara State House of Assembly has suspended the lawmaker representing Edu constituency, Yisa Gideon, for three months over alleged contemptuous act against the House. The Speaker, Yakubu Danladi-Salihu, who made this known during proceedings in Ilorin, the capital of Kwara State, on Thursday, said the suspension was with immediate effect. Danladi-Salihu said the suspension was in line with the provisions of...
Police: How ACP died during management meeting in Ebonyi
The Ebonyi State Police Command has confirmed the death of an Assistant Commissioner of Police (ACP), Ogbon-inu Popoola. The command’s Spokesman, SP Joshua Ukandu, confirmed the ACP’s death via a statement issued on Thursday, December 18, 2025. Ukandu disclosed that Popoola died while attending a management meeting of the command on Wednesday. Ukandu stated: “Late Popoola was a dedicated officer, who served...
EFCC arraigns three Indians, Nigerian over alleged N1bn steel diversion
The Economic and Financial Crimes Commission (EFCC) has arraigned three Indian nationals and a Nigerian before the Kwara State High Court in Ilorin over an alleged conspiracy and criminal breach of trust involving steel products valued at about ₦1 billion. The defendants — Lalit Sarwat, Ravi Raghavendra and Gagan Sarswat, all Indian nationals, alongside Oniyide Samuel, a dispatch manager based...
Police arrest suspected Nigerian hacker linked to Microsoft 365 cyberattacks
The Nigeria Police Force National Cybercrime Centre (NPF–NCCC) has arrested a suspected high-profile internet fraudster linked to coordinated cyberattacks on Microsoft 365 email systems used by major corporate organisations. The Force Public Relations Officer, Benjamin Hundeyin, disclosed this in a statement on Thursday, stating that the arrest followed credible intelligence provided by Microsoft Corporation in the United States through the...
Defection to APC: I was never truly a PDP member — Fubara
Rivers State Governor, Siminalayi Fubara, has formally declared his alignment with the All Progressives Congress (APC), describing the move as a homecoming and an expression of gratitude rather than a sudden political shift. Fubara made the declaration on Wednesday after a visit to the APC National Chairman, Nentawe Yilwatda, in Abuja. He said his decision to join the ruling party...
Trump Media announces $6bn merger with fusion power company
Trump Media & Technology Group, the struggling company that owns the United States President's Truth Social platform, has announced a $6 billion merger with fusion power company TAE Technologies. The all-stock transaction will see shareholders of each company hold approximately 50 per cent of the combined entity, which plans to begin construction of what it calls the world's first utility-scale...
Nigerian Air Force C-130 crew resumes mission from Burkina Faso to Portugal
The Nigerian Air Force (NAF) C-130 aircraft crew that was earlier detained in Burkina Faso and subsequently released on Thursday has resumed its journey to Portugal to complete its mission. The 11-member crew was en route to Portugal for scheduled aircraft maintenance when the aircraft developed a technical issue, forcing it to make a precautionary emergency landing in Bobo-Dioulasso, Burkina...
COAS orders swift completion of barracks housing
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has directed the immediate and speedy completion of all ongoing residential accommodation projects in Nigerian Army barracks across the country to tackle persistent housing shortages among personnel. Shaibu gave the directive on Thursday while speaking at the closing ceremony of the 2025 Chief of Army Staff Annual Conference in Abuja. He said...
