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NGX Resumes Trading With N259bn Loss, Records Over N34bn Deals

NGX Market Cap Declines To N156trn

June 11, 2026

The market capitalisation of the Nigerian Exchange (NGX) decreased by N72.73 billion to N156.96 trillion on Thursday, below the N157.04 trillion recorded on Wednesday. The all-share index (AS) declined to 244,738.74 index, down by 113.46 basis points when compared to the previous

FEATURES·Politics·Top Stories

What the Okonkwo-Obi-Ohaegbu Controversy Says About Loyalty, Evidence and Internal Democracy

June 11, 2026

What began as a complaint over the conduct of party primaries has evolved into one of the most closely watched political disputes within the Nigeria Democratic Congress (NDC). In a matter of days, allegations about candidate selection procedures spiralled into a public

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Business News·Markets·Top Stories

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

June 11, 2026

Only one of five pharmaceutical firms listed on the Nigerian Exchange saw shareholders’ investment shrink in Q1 2026. The other four delivered gains totaling N234.23 billion between January and March, Prime Business Africa analysis shows. While Morison Industries, May and Baker, Fidson

News·Top Stories

Supreme Court Slams Appeal Court, Voids Controversial Orders in Nestoil-Neconde Case

June 11, 2026

The Supreme Court of Nigeria sitting in Abuja has set aside ex parte orders issued by the Lagos Division of the Court of Appeal in a commercial dispute involving Neconde Energy Limited and other corporate and financial interests, holding that the appellate

Diaspora·News·Top Stories

FG Evacuates 262 Nigerians from South Africa Amid Xenophobic Attacks

June 11, 2026

The Federal Government has commenced the evacuation of Nigerian nationals affected by xenophobic attacks in South Africa, with the first batch of 262 citizens expected to arrive in Nigeria on Thursday, Prime Business Africa reports. Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, disclosed

News·Politics·Top Stories

Dickson Defends NDC Primaries, Calls for Reconciliation Amid Complaints

June 11, 2026

Former Bayelsa State Governor and National leader of the National Democratic Coalition (NDC), Senator Henry Seriake Dickson, has appealed to aggrieved aspirants and party members to remain committed to the party despite concerns over irregularities recorded during its recently concluded primaries, Prime

Business News·Top Stories

Aradel Holdings’ Expenses Rising Faster Than Revenue

June 10, 2026

Aradel Holdings profit is on an upward trend, but the company has a cost problem that might hurt its bottom line in the long term. In its unaudited consolidated and separate financial statements for the year ended December 31, 2025, Aradel Holdings

Business News·Top Stories

Dollar, Euro, Pound Strengthen Against Naira In Foreign Exchange Market

June 10, 2026

The Nigerian foreign exchange market (NFEM), also known as the official window, recorded N1,362.05 as the official foreign exchange (FX) rate for the United States dollar (USD) on Wednesday. Based on the NFEM data from the Central Bank of Nigeria (CBN), the

News·Nigeria·Top Stories

Alleged N2bn Nigeria Air Fraud: EFCC Witness Links Sirika to Controversial 2023 Aircraft Unveiling

June 10, 2026

The trial of former Aviation Minister, Hadi Abubakar Sirika, over alleged abuse of office and misappropriation of public funds took a dramatic turn on Wednesday as an Economic and Financial Crimes Commission (EFCC) investigator told the Federal Capital Territory High Court in

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Latest

NGX Market Cap Declines To N156trn

What the Okonkwo-Obi-Ohaegbu Controversy Says About Loyalty, Evidence and Internal Democracy

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Supreme Court Slams Appeal Court, Voids Controversial Orders in Nestoil-Neconde Case

FG Evacuates 262 Nigerians from South Africa Amid Xenophobic Attacks

Dickson Defends NDC Primaries, Calls for Reconciliation Amid Complaints

Aradel Holdings’ Expenses Rising Faster Than Revenue

Dollar, Euro, Pound Strengthen Against Naira In Foreign Exchange Market

Alleged N2bn Nigeria Air Fraud: EFCC Witness Links Sirika to Controversial 2023 Aircraft Unveiling

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