Nigerpost

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 […]

NiMet Issues 3-Day Weather Advisory: Dust Haze and Thunderstorms Forecast Nationwide NiMet Forecasts Three Days of Dust Haze and Thunderstorms Across Nigeria The Nigerian Meteorological Agency (NiMet) has issued a significant weather outlook, forecasting a combination of widespread dust haze, cloudiness, and isolated thunderstorms across various regions of Nigeria from Sunday through Tuesday. This advisory […]

Nigeria’s Fiscal Outlook: Debt Service Projected to Exceed N91 Trillion by 2028 Nigeria’s Debt Service Burden Projected to Surpass N91 Trillion Under Tinubu Administration An analysis of Nigeria’s fiscal trajectory indicates that the Federal Government, under President Bola Tinubu, is projected to allocate over N91 trillion to debt servicing between 2023 and 2028. This substantial […]

Court Injunction Halts Resident Doctors’ Planned Nationwide Strike Industrial Court Issues Restraining Order Against Resident Doctors’ Strike The National Industrial Court of Nigeria in Abuja has issued a restraining order, effectively halting a planned nationwide strike by resident doctors scheduled to commence on January 12, 2026. The interim injunction was granted by Justice E. D. […]

Naira Appreciates to N1,424.5/$ in Second Week of 2026 Trading Naira Strengthens Against Dollar, Closing Week at N1,424.5/$ The Nigerian Naira concluded the second trading week of 2026 with a measured appreciation against the US Dollar, closing at N1,424.5/$. This represents a strengthening from the N1,431/$ rate recorded at the end of the previous week, […]

Nigeria House Davos to Debut at World Economic Forum 2026 | Strategic Economic Platform Nigeria Announces Debut of Official Pavilion at World Economic Forum 2026 In a significant move to elevate its global economic profile, the Federal Government of Nigeria has announced the debut of its first official national pavilion, “Nigeria House Davos,” at the […]

NGX Market Analysis: Top 10 Brokers Command Over Half of Early 2026 Trading Market Concentration: Top 10 NGX Brokers Handle 54.5% of January 2026 Opening Trades Data from the Nigerian Exchange (NGX) for the first full trading week of 2026, ending January 9, reveals a significant concentration of market activity. The top ten stockbroking firms […]

Analysis: FG’s N6.04 Billion Ajaokuta Staff Budget for 2026 Amidst Zero Output Recurrent Spending Dominates as Ajaokuta Steel Allocates N6.04 Billion for Staff in 2026 The Federal Government has proposed a N6.04 billion allocation for personnel costs at the dormant Ajaokuta Steel Company Limited in the 2026 fiscal year. This substantial provision, detailed in the […]

Dangote Refinery Denies Shutdown, Confirms Steady 50 Million Litre Daily Supply Dangote Refinery Firmly Denies Shutdown Claims, Reaffirms Steady Fuel Supply Dangote Petroleum Refinery has issued a firm rebuttal to recent reports suggesting an impending shutdown for maintenance. In an official statement released on Monday, the refinery labeled these claims as false and misleading, asserting […]

Strategic Allocation: Investing N10 Million in January 2026 Deploying N10 million in January 2026 demands a strategic framework that transcends chasing transient trends. The cornerstone of a robust portfolio is a clearly defined objective. For the discerning investor, the primary goal is securing returns that not only outpace inflation but also preserve and grow long-term […]

The Initiates Plc Emerges from a Decade of Dormancy with Historic 2025 Breakout After ten years of subdued activity on the Nigerian Exchange (NGX), The Initiates Plc (TIP) executed one of the market’s most dramatic turnarounds in 2025. The company’s share price achieved a staggering 432% full-year gain, decisively ending its prolonged period of market […]

Nigerian Army Opens DSSC Course 29/2026 Officer Recruitment: Application Portal Active January 7 Nigerian Army Commences Direct Short Service Commission (DSSC) Course 29/2026 Recruitment The Nigerian Army has formally announced the commencement of applications for its Direct Short Service Commission (DSSC) Course 29/2026. The recruitment drive, which seeks to bolster the officer cadre with specialized […]

NGX Market Capitalization Surpasses N100 Trillion Milestone NGX Market Capitalization Surpasses N100 Trillion in Early-Year Rally The Nigerian Exchange (NGX) commenced the new year with a historic surge, as the total equities market capitalization breached the N100 trillion threshold. This landmark achievement was driven by robust investor demand and broad-based gains across listed securities, signaling […]

Elon Musk’s $726 Billion Fortune: A 2025 Financial Recap Elon Musk Concludes 2025 with a Historic $726 Billion Net Worth According to the Forbes Real-Time Billionaires List, Elon Musk closed the year 2025 with a personal fortune estimated at $726.3 billion. This record valuation culminates a period of exceptional growth, fueled primarily by the soaring […]

President Tinubu Projects Further Inflation Reduction for Nigeria in 2026 Tinubu Forecasts Continued Inflation Decline in 2026, Highlights 2025 Economic Gains President Bola Ahmed Tinubu has announced a commitment to further reduce Nigeria’s inflation rate in the coming year. In his New Year address, the President stated that the Federal Government is determined to ensure […]

NNPC Ltd Unveils Strategic Expansion, Targets $30 Billion Investment to Revitalize Nigerian Oil Sector The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a comprehensive strategy to develop new oil fields beginning in 2026, with an ambitious goal of securing at least $30 billion in investment by the end of the decade. This initiative […]

Singapore Extends Senior Worker Grant to 2027 Amid Ageing Workforce Singapore Extends Key Senior Worker Grant to 2027 In a strategic move to address its ageing demographic, the Singapore government has announced the extension of the Part-Time Re-employment Grant (PTRG) through to the end of 2027. This initiative, a cornerstone of the nation’s senior employment […]

Atiku Criticizes 2025 as a Punishing Year for Nigeria, Citing Governance Failures Atiku Abubakar: 2025 Stands as One of Nigeria’s Most Punishing Years In a stark New Year’s assessment, former Vice President Atiku Abubakar has characterized the year 2025 as one of the most difficult and punishing periods in Nigeria’s recent history. The former presidential […]

Europe Dominates African Outbound Air Travel in December 2025 Report Europe Leads as Top Destination for African Outbound Flights in December 2025 New aviation data confirms Europe as the primary international destination for African air travelers. According to the OAG Africa Aviation Market report for December 2025, the Europe-Africa corridor accounted for the largest share […]

Ebonyi First Lady’s Humanitarian Gesture: Secures Release of 25 Inmates Through Fine Payment Humanitarian Intervention: Ebonyi First Lady Facilitates Release of 25 Inmates In a significant act of compassion and social justice, the First Lady of Ebonyi State, Mrs. Mary-Maudline Nwifuru, has secured the freedom of twenty-five convicted inmates by settling their cumulative fines amounting […]

Kebbi State Budgetary Priorities: Hajj Funding Amid Security Concerns Kebbi State’s Budget Allocation Draws Scrutiny After School Security Incident In a decision that has sparked considerable public debate, the Kebbi State Government has approved the allocation of a significant portion of its security budget to subsidize the Hajj pilgrimage for its citizens. This move comes […]

Security Crisis at Goronyo Dam Undermines Sokoto’s Agricultural Output and Food Security Escalating Insecurity at Goronyo Dam Cripples Sokoto’s Agricultural Heartland A severe and persistent security crisis has effectively paralyzed operations at the Goronyo Dam in Sokoto State, casting a long shadow over regional food production and stability. Once a hub of irrigation and fishing […]

Yuletide Travel Disruption: Eastbound Journeys Plagued by Gridlock and Insecurity Eastbound Christmas Travel in Nigeria Descends into Gridlock and Hardship The annual migration of Nigerians to their hometowns for the Christmas holidays has been severely disrupted this season, with eastbound travel transforming from a festive journey into an ordeal of unprecedented proportions. Major arterial roads, […]

Leading the Way: The Top 10 European Nations for Railway Excellence Europe’s Rail Network Leaders: A Journey Through Efficiency and Innovation Europe’s railway systems are the backbone of continental travel, renowned for their punctuality, coverage, and technological advancement. While global news cycles are dominated by headlines like “Just In: Coup” attempts or reports on “Nigeria’s […]

Iran Executes Individual Convicted of Espionage for Israel | Regional Security Analysis Iran Carries Out Execution Following Espionage Conviction Linked to Israel Iranian authorities have executed a man convicted of spying on behalf of Israel’s Mossad intelligence agency. The execution, reported by state media, underscores the heightened tensions and severe consequences for alleged foreign espionage […]

Benin’s Former Defense Minister Detained Following Alleged Coup Attempt Benin Authorities Detain Ex-Defense Minister in Major Security Operation In a significant development for West African politics, Benin’s former defense minister has been taken into custody by state security forces. The detention is directly linked to an alleged plot to overthrow the current government, which authorities […]

AFCON 2025: 1xBet Launches Major Fan Engagement Project in Host Nation Morocco 1xBet Unveils Expansive AFCON 2025 Fan Initiative in Morocco With the Africa Cup of Nations 2025 on the horizon, official partner 1xBet has announced the launch of a large-scale fan engagement project within the host nation, Morocco. This ambitious initiative aims to amplify […]

i’llTip Rises as a Leading Digital Marketplace in Nigeria’s Booming Tech Scene i’llTip Emerges as a Premier Digital Service Marketplace in Nigeria In the dynamic landscape of Nigeria’s digital economy, i’llTip has rapidly established itself as one of the nation’s fastest-growing online marketplaces for services. This platform connects skilled professionals with clients seeking a wide […]