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NGX Market Cap Rises To N125.96trn — Up By N804.56bn

February 23, 2026

The market capitalisation of the Nigerian Exchange (NGX) increased by N804.56 billion to N125.96 trillion on Monday, February 23, from the N125.16 trillion recorded on Friday, February 20. The all-share index (ASI) expanded by 1,273.78 basis points, from 194,989.77 ASI to 196,263.55

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MMIA Fire: 14 Rescued From Control Tower as FAAN Confirms Six Casualties, Airspace Shut

February 23, 2026

The Federal Airports Authority of Nigeria (FAAN) has confirmed the rescue of 14 persons trapped in the Control Tower of Terminal 1 at the Murtala Muhammed International Airport (MMIA), Lagos, following Monday’s fire outbreak, as emergency operations continue at the facility, Prime

Opinion

Understanding Free, Fair Elections in Nigeria

February 23, 2026

By Emmanuel Nnadozie Onwubiko On Friday 20th February 2026, most of us who have lived in the Federal Capital Territory for an upward of 25 to 30 years, were taken by shock when out of the blues, the minister of the

Opinion

Things Aren’t The Way we Want Politics to Be

February 23, 2026

By Emmanuel Nnadozie Onwubiko I have just ended a lengthy conversation with a very senior and respected media manager who was once my direct supervisor journalistically when I practiced as a reporter with the then Nigeria’s media flagship: The Guardian.

Nigerian Airline Operators Lament Additional Operating Costs As FAAN Closes Lagos Airport Domestic Runway

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Fire Guts Section of Lagos Airport’s Old Terminal, FAAN Confirms No Casualties

February 23, 2026

A fire outbreak on Monday gutted part of the old terminal at the Murtala Muhammed International Airport in Lagos, triggering panic among airport workers and passengers before emergency responders brought the situation under control, Prime Business Africa reports. The incident affected Terminal

Ellah Lakes Shareholders Stuck With Shares Institutional Investors Don't Want

Business·Top Stories

Ellah Lakes Failing Where Presco, Okomu Oil Succeeded

February 23, 2026

In 2025, Ellah Lakes failed where its market rivals, Presco Plc and Okomu Oil Palm Plc, succeeded, leading to a decline in confidence of Nigerian Exchange (NGX) investors in the company’s growth prospects. Ellah Lakes had recorded a 642.72 percent increase in

FEATURES

Tinubu’s ₦2.8tn Power Debt Deal Signals Shift From Bailout to Conditional Reform

February 23, 2026

President Tinubu’s approval of ₦2.8 trillion to settle verified electricity subsidy arrears is being framed not merely as a bailout for power generation companies (GenCos), but as a conditional reset of Nigeria’s troubled electricity market. The figure emerged after a tripartite audit

News·Security

Plateau Tension Escalates as Barkin Ladi Youths Shut Down Jos Road Over Fresh Killings

February 23, 2026

Fresh unrest gripped Barkin Ladi Local Government Area of Plateau State on Monday after youths barricaded the main roadway connecting the area to Jos, protesting the killing of villagers in a late-night attack by gunmen. The protest followed Sunday’s assault on Ratatis

News·Power·Top Stories

Rivers Communities Celebrate Electricity After Two Decades

February 23, 2026

Residents of Etche Local Government Area in Rivers State are celebrating as electricity flows into their communities for the first time in more than 20 years. The supply comes from Aba Power electricity distribution company, based in Aba, Abia State. “My joy knows

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Latest

NGX Market Cap Rises To N125.96trn — Up By N804.56bn

MMIA Fire: 14 Rescued From Control Tower as FAAN Confirms Six Casualties, Airspace Shut

Understanding Free, Fair Elections in Nigeria

Things Aren’t The Way we Want Politics to Be

Fire Guts Section of Lagos Airport’s Old Terminal, FAAN Confirms No Casualties

Ellah Lakes Failing Where Presco, Okomu Oil Succeeded

Tinubu’s ₦2.8tn Power Debt Deal Signals Shift From Bailout to Conditional Reform

Plateau Tension Escalates as Barkin Ladi Youths Shut Down Jos Road Over Fresh Killings

Rivers Communities Celebrate Electricity After Two Decades

Featured Stories

Israeli PM Claims Khamenei Targeted in Strikes, Fate Remains Unclear

Applauding The Resurgent Naira

Alleged N76billion Arik Fraud Case: Avoid Misrepresentation Of Facts In Covering Court Proceedings – Justice Dada To Journalists

Arik Air: CBN Board Approved AMCON Takeover, EFCC Tells Court

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CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

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