Nigerpost

Toyin Abraham’s ‘Oversabi Aunty’ Makes N1 Billion Box Office History Toyin Abraham’s ‘Oversabi Aunty’ Achieves N1 Billion Box Office Milestone Nollywood powerhouse Toyin Abraham has cemented her commercial dominance with her latest directorial venture, “Oversabi Aunty,” officially crossing the N1 billion mark at the Nigerian box office. This landmark achievement reinforces Abraham’s status as one […]

US Trade Surplus with Nigeria Reaches $1.45 Billion in 2025 US-Nigeria Trade Dynamics Shift, Yielding $1.45 Billion Surplus for Washington In a significant reversal of trade flows, the United States recorded a $1.45 billion goods trade surplus with Nigeria in the first ten months of 2025. This marks a decisive shift from the $1.367 billion […]

Air Peace and Emirates Forge Interline Agreement for Seamless Travel to London and Beyond Air Peace and Emirates Announce Major Interline Partnership In a significant development for African aviation, Air Peace and Emirates have formally activated a bilateral interline agreement. This partnership facilitates seamless, single-ticket travel for passengers connecting between West and Central Africa, the […]

Infinity Trust Mortgage Bank Reports 75.1% Surge in Pre-Tax Profit for 2025 Infinity Trust Mortgage Bank Announces Robust 2025 Financial Performance Infinity Trust Mortgage Bank Plc has published its unaudited financial results for the year ended December 31, 2025, revealing a year of exceptional growth and profitability. The bank reported a pre-tax profit of N3.02 […]

NGX All-Share Index Gains Marginally as CHAMS, Access Holdings Lead Activity NGX All-Share Index Edges Higher to 165,517 Points Amid Cautious Trading The Nigerian Exchange Limited (NGX) closed its trading session on Monday, January 26, 2026, with a slight upward movement. The benchmark All-Share Index (ASI) rose by 5.4 points to settle at 165,517.6 points, […]

FCCPC Enforces Digital Lending Rules, Revokes Approvals for Non-Compliant Loan Apps FCCPC Initiates Enforcement Against Unregistered Digital Lenders The Federal Competition and Consumer Protection Commission (FCCPC) has commenced enforcement actions against digital money lenders that failed to meet the registration deadline under the 2025 Digital Lending Rules. This decisive move marks a critical step in […]

NGX Exchange Traded Funds: A Strategic Outlook for 2026 Investment Navigating NGX Exchange Traded Funds for 2026: A Data-Driven Perspective The Nigerian Exchange-Traded Fund (ETF) market sustained a significant growth trajectory through 2025, following a robust performance in 2024. Official Securities and Exchange Commission (SEC) valuation reports from January 3 and December 24, 2025, detail […]

Taraba State Launches Criminal Case E-Filing Portal for Judicial Modernization Taraba State Judiciary Embraces Digital Transformation with New E-Filing Portal In a significant move to modernize its legal framework, the Taraba State Government has officially launched a dedicated portal for the electronic filing of criminal cases. Governor Agbu Kefas inaugurated the system through the Nigerian […]

Indigenous Contractors Resume Abuja Protests Over N4 Trillion Federal Debt Indigenous Contractors Resume Protests in Abuja Over Unpaid N4 Trillion Federal Debt Indigenous contractors under the aegis of the Association of Indigenous Construction Contractors of Nigeria (AICAN) have resumed protests in Abuja, demanding the settlement of an alleged N4 trillion debt for completed federal capital […]

2025 Marks Unprecedented Peak in Global Billionaire Population, Report Reveals Global Billionaire Count Reaches Historic 3,000 in 2025 A landmark report reveals the global billionaire population has reached an all-time high of 3,000 individuals in 2025. This milestone underscores an accelerating concentration of wealth, with the collective assets of the ultra-wealthy now surpassing those held […]

John Holt Shares Surge 42.9% in 2026: Analyzing the Rally Amid Fundamental Risks John Holt’s 2026 Share Price Rally: A Closer Look at the Underlying Fundamentals John Holt Plc has recorded a striking 42.9% year-to-date gain in 2026, a performance that would typically signal robust investor confidence. However, for this established conglomerate, the sharp ascent […]

Microfinance Banks’ Non-Financial Assets Reach Record N358.787 Billion Microfinance Sector Sees Record Growth in Non-Financial Assets In a significant indicator of sectoral expansion, the non-financial assets held by Nigeria’s microfinance banks surged to a record N358.787 billion as of June 2025. According to the latest Central Bank of Nigeria (CBN) data, this figure marks the […]

Coal India Explores Global Rare-Earth Mining Partnerships to Diversify Supply Coal India Pursues International Rare-Earth Mining Ventures In a strategic move to secure critical mineral supplies, Coal India Limited is actively exploring rare-earth mining partnerships across multiple continents, including Australia, Russia, and several African countries. This initiative is part of India’s broader effort to reduce […]

UN Warns of Catastrophic Hunger in Nigeria’s North-East Amid Aid Cuts UN Agency Warns of Decade’s Worst Hunger Crisis in North-East Nigeria The United Nations World Food Programme (WFP) has issued a stark warning that Nigeria’s conflict-affected north-east faces the most severe risk of catastrophic food shortages in nearly a decade. Aid reductions, driven by […]

Lagos State Clarifies Demolition Policy, Denies Ethnic Bias in Enforcement Lagos State Authority Reaffirms Law-Based Demolition Policy The Lagos State Physical Planning Permit Authority (LASPPPA) has issued a firm rebuttal against claims of ethnic bias in its ongoing enforcement exercises. The Authority’s General Manager, Tpl. Kehinde Osinaike, emphasized that the sealing and demolition of structures […]

CAF Reports 90% Surge in AFCON Commercial Revenue, Highlighting Global Growth AFCON Commercial Revenue Soars 90%, Marking a New Era for African Football The Confederation of African Football (CAF) has announced a landmark 90% increase in commercial revenue for the Africa Cup of Nations (AFCON), declaring the recent Morocco-hosted tournament the most commercially successful in […]

OpenAI Announces Global ChatGPT Ad Rollout, Begins U.S. Test OpenAI to Introduce Advertising in ChatGPT, Starting with U.S. Test OpenAI has announced a strategic shift to incorporate advertising within its ChatGPT platform, initiating a global rollout with a test phase in the United States in the coming weeks. This move marks a significant evolution in […]

TD Africa Champions Homegrown Innovation as Headline Sponsor of Enugu Tech Fest 2026 Design Challenge TD Africa Invests in Practical Innovation at Enugu Tech Fest 2026 TD Africa, the continent’s foremost technology distributor and ecosystem enabler, has reinforced its commitment to Africa’s digital future by assuming the role of Headline Sponsor for the Design Thinking […]

Leadership Transition at International Breweries: Coutino Departs, Kade Appointed MD International Breweries Announces Managing Director Transition International Breweries Nigeria PLC has formally notified the Nigerian Exchange Limited (NGX), its shareholders, and the investing public of a significant leadership change. The company’s Board has accepted the resignation of Mr. Carlos Coutino from his roles as Managing […]

Market Analysis: ASI Extends 2026 Rally to Nine Days, Hits Record High Nigerian Equities Scale New Peak as All-Share Index Extends Winning Streak The Nigerian Exchange concluded trading on Wednesday, January 14, 2026, firmly in positive territory, marking its ninth consecutive session of gains for the year. The benchmark All-Share Index advanced by 934.7 points, […]

Vitafoam Insider Executes N33 Million Share Disposal in Year-End Transactions Vitafoam Company Secretary Discloses N33 Million Share Sale Vitafoam Nigeria Plc has formally notified the Nigerian Exchange Limited (NGX) of significant insider trading activity by a key executive. In a disclosure filed on January 13, 2026, the company reported that its Company Secretary and Legal […]

U.S. Pauses Immigrant Visa Processing for Nigeria, 74 Other Countries U.S. Announces Immigrant Visa Pause for 75 Nations Including Nigeria The United States government has instituted a significant pause on immigrant visa processing for applicants from approximately 75 countries, with Nigeria among the affected nations. This policy shift, effective January 21, 2026, was announced due […]

NDLEA Intercepts Cross-Border Drug Trafficking Ring Using Mannequins NDLEA Arrests Businessman Trafficking Opioids to Cameroon Concealed in Mannequins The National Drug Law Enforcement Agency (NDLEA) has apprehended a 37-year-old businessman, Ani Onyebuchi Romans, for attempting to traffic 5.3 kilograms of tramadol to Cameroon. The illicit drugs were ingeniously concealed within full-body mannequins. The agency’s Director […]

NGX Admits First HoldCo’s 2.57 Billion Shares Following Private Placement First HoldCo’s Additional 2.57 Billion Shares Listed on NGX The Nigerian Exchange has formally admitted an additional 2,575,851,543 ordinary shares of First HoldCo to its Daily Official List. This significant listing, effective Monday, January 5, 2026, was confirmed in the NGX’s weekly market report distributed […]

2026 Budget: FG Allocates N92.9 Billion for MDA Electricity and Diesel Costs 2026 Budget Reveals N92.9 Billion Allocation for Power and Fuel Across Federal Agencies In the proposed 2026 Appropriation Bill, the Federal Government has earmarked N92.9 billion for electricity and diesel expenditures across its ministries, departments, and agencies (MDAs). This substantial allocation underscores the […]