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Naira Falls Against Dollar Across FX Markets

Dollar Trades At N1,421/$, Pound Exchanges At N1,923/£ In Official Market

January 23, 2026

The foreign exchange (FX) rate of the United States dollar (USD) increased marginally to N1,421.9 kobo per $1 on Friday, January 23, in the Nigerian foreign exchange market (NFEM), also known as the official window. It was gathered that the exchange rate

Business·Top Stories

NGX Market Cap Rises By N73bn To N105.95trn

January 23, 2026

The market capitalisation of the Nigerian Exchange (NGX), also known as the stock market, increased by N73.49 billion to N105.95 trillion on Friday, January 23, from the N105.88 trillion recorded on Thursday, January 22. Also, the all-share index (ASI) expanded slightly by

News·Top Stories

NBA Condemns Alleged Appointment of Convicted Ex-Pension Boss Maina as Garki Branch Patron, Orders Immediate Withdrawal

January 23, 2026

The Nigerian Bar Association (NBA) has strongly condemned the purported appointment of Abdulrasheed Maina, a former Chairman of the Pension Reform Task Team convicted over the theft of more than ₦2 billion in pension funds, as Grand Patron of the NBA Garki

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Business·Top Stories

Tony Elumelu’s Influence: Seplat’s Share Hits Highest Price In Company’s History

January 23, 2026

Since Tony Elumelu, the chairman of United Bank for Africa (UBA), acquired 120,4 million shares in Seplat, the company’s shareholders have recorded a 15.33 percent increase in their investment value. Elumelu had acquired the shares, which represent a 20.06 percent majority stake

News·Nigeria·Top Stories

Times Higher Education Lists 24 Nigerian Universities in Global Ranking

January 23, 2026

For the first time, 24 Nigerian universities have been listed in the Times Higher Education (THE) World University Rankings by Subject. Released on the 21 of January 2026, the listing makes Nigeria the most represented in Sub-Saharan Africa. The rankings cover 11

News·Politics·Top Stories

Tinubu Approves Three Key Ambassadorial Postings

January 23, 2026

Nigeria’s President Bola Tinubu has approved the posting of three ambassadors to major international capitals, the presidency has confirmed. According to a statement from presidential spokesperson Bayo Onanuga, Ambassador Ayodele Oke has been designated to France, Colonel Lateef Are (rtd) to the

PDP Governors Sue Tinubu, N’Assembly At Supreme Court Over Fubara’s Suspension

News·Politics·Top Stories

Rivers Chief Judge Declines to Probe Governor Fubara

January 23, 2026

The Chief Judge of Rivers State, Simeon Amadi, has refused to set up a judicial panel to investigate Governor Siminalayi Fubara and his deputy, citing existing court injunctions that prevent him from acting. The Rivers State House of Assembly had requested the

News·Oil & Gas·Top Stories

Elumelu Appointed Seplat Energy Non-Executive Director as Board Restructures

January 23, 2026

Seplat Energy Plc has appointed billionaire investor and philanthropist, Mr Tony O. Elumelu, CFR, as a Non-Executive Director on its Board, with effect from January 22, 2026, following recent changes in the company’s ownership structure. The appointment comes on the heels of

News·Politics·Top Stories

Atiku Accuses Senate of Delaying Electoral Act Reforms Ahead of 2027 Polls

January 23, 2026

Former Vice President Atiku Abubakar has accused the Senate of deliberately frustrating efforts to amend the Electoral Act 2022, warning that the credibility of the 2027 general elections is at serious risk if the reforms are not concluded in time. In a

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Latest

Dollar Trades At N1,421/$, Pound Exchanges At N1,923/£ In Official Market

NGX Market Cap Rises By N73bn To N105.95trn

NBA Condemns Alleged Appointment of Convicted Ex-Pension Boss Maina as Garki Branch Patron, Orders Immediate Withdrawal

Tony Elumelu’s Influence: Seplat’s Share Hits Highest Price In Company’s History

Times Higher Education Lists 24 Nigerian Universities in Global Ranking

Tinubu Approves Three Key Ambassadorial Postings

Rivers Chief Judge Declines to Probe Governor Fubara

Elumelu Appointed Seplat Energy Non-Executive Director as Board Restructures

Atiku Accuses Senate of Delaying Electoral Act Reforms Ahead of 2027 Polls

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