Business

Nigeria’s capital market has recorded a remarkable 125 per cent growth in market capitalisation since April 2024, rising from about N55 trillion to over N123.93 trillion, the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has disclosed.

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Between 2010 and 2026, a staggering $214 billion, approximately N300 trillion in public funds, has been reported as missing, unaccounted for, diverted, unrecovered, irregularly spent, or trapped in non-transparent fiscal structures across Nigeria’s public institutions.

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‎The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa has underscored the importance of deeper collaboration with state governments, saying sub-national alignment is essential to achieving Nigeria’s digital economy objectives.

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The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa. CCIE, has pledged to boost collaboration with UBEC to drive digital literacy and tech access in Nigeria's basic education sector.

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FrieslandCampina WAMCO Nigeria PLC through its Peak Yoghurt brand made from locally sourced 100% fresh milk has reinforced its commitment to nourishing Nigerians with quality dairy nutrition.

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The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, met with the Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke on a strategic engagement at the Headquarters of the Nigerian Air Force, Abuja on friday, 20th February 2026.

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Attempts by drug traffickers to distribute large volumes of Cannabis Sativa popularly called "Marijuana," has been thwarted as personnel of Nigerian Navy Ship Beecroft, blocked their distribution channels, and seized 486 kilogrammes of the illicit drug in Lagos.

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Green Energy International Limited (“Green Energy”) and Lekoil Oil and Gas Investments Limited (“LOGIL”) have filed applications before the Federal High Court seeking to strike out Suit No. FHC/L/CP/237/2026 and to set aside the ex parte interim orders granted in the matter.

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In a deliberate push to evaluate its operational preparedness and strengthening Nigeria’s maritime security architecture, the Nigerian Navy has commenced "Operation Awkward 2026," in Lagos.

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The Chief of the Naval Staff, Vice Admiral Idi Abbas has approved the appointment of Commodore Reginald Odeodi Adoki as the Commander of the Maritime Guard Command at the Nigerian Maritime Administration and Safety Agency (NIMASA). Commodore Adoki takes over from Commodore H.C Oriekeze who has been redeployed.

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