The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for  Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a confirmatory letter to the bank, dated January 12, […]

By Emma Ujah, Abuja Bureau Chief The Nigeria Revenue Service (NRS) has clarified that there was no fresh imposition of Value-Added Tax (VAT) on banking services.  In a statement yesterday, the NRS said VAT has always applied to banking services and not newly introduced under the new Nigeria Tax Act. The statement signed by Dare Adekanmbi, […]

…vows to champion true federalism, resource control By Samuel Oyadongha, Yenagoa Elder Timi Kaiser-Wilhelm Ogoriba has formally joined the race for the presidency of the Ijaw National Congress (INC), picking up his interest form amid a carnival-like atmosphere at the Ijaw House in Yenagoa, Bayelsa State. Ogoriba, a veteran activist and prominent figure in the […]

Peter Obi said Nigeria can only truly honour its fallen soldiers by providing leadership that delivers peace, hope, and national progress

Governor Chukwuma Soludo of Anambra State has called on youths in the South-East to end what he described as self-marginalisation by enlisting in the Nigerian Armed Forces and embracing their roles as “co-owners” of the Nigerian project.

By Elizabeth Adegbesan The National Bureau of Statistics, NBS, yesterday said headline inflation rate fell by 2.18 percentage points  to  15.15 percent in December 2025 from 17.33 percent in November 2025. The NBS disclosed this in its Consumer Price Index (CPI), report for December 2025. Recall, early this week that the NBS adjusted its CPI methodology […]

By Emeka Anaeto & Babajide Komolafe There are indications that the Federal Government is set for a major shift in its economic policy direction in 2026, focusing more on delivering tangible improvement in livelihood of citizens than in achieving positive macroeconomic figures. This formed the key content of the speech delivered by the Minister of Finance and […]

By Godwin Oritse The Honourable Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has extended warm congratulations to former Governor of Osun State, renowned elder statesman, and respected leader of the All Progressives Congress (APC), Chief Bisi Akande, as he marks his 87th birthday on Friday, January 16, 2026. In a heartfelt message celebrating […]

“At first, I tried to stay calm, telling myself maybe his battery was dead or he was just settling in. But every hour that passed…”

Nigeria’s exit from the Africa Cup of Nations at the hands of hosts Morocco will be lazily reduced to the lottery of penalties by some analysts. That framing would be comforting; it is also false.

Chairman of Obio/Akpor Local Government Area of Rivers State, Dr Gift Worlu, has said that what exists in Rivers today is a “rainbow coalition of the Renewed Hope family

Olori Ebi of the Fusegbuwa Ruling House, Ijebu-Ode, Otunba Abdul-Lateef Owoyemi, has assured indigenes and residents of Ijebuland that a new Awujale will emerge within the next one month.

Sowunmi warned against hasty judgments about the party’s prospects, noting that political organisations need time to overcome internal weaknesses.

THE Olubadan of Ibadanland, Oba Rashidi Ladoja, was yesterday, appointed as the new Chairman of the Oyo State Council of Obas.

​The Nigerian foreign exchange market continues to show dynamic movement today, January 16, 2026, as the British Pound Sterling (GBP) maintains its volatile position against the Nigerian Naira (NGN).