Tuesday, 18th August 2026

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How 24 firms control over 70% of Nigeria’s stock market

How 24 firms control over 70% of Nigeria’s stock market

Twenty-four companies have emerged as the most valuable stocks on the Nigerian Exchange Limited (NGX) year-to-date (YtD) as of August 17, 2026, collectively accounting for 74.8 per cent of the total market capitalisation of the equities market.
Xenophobia: FG to evacuate 83 Nigerians from South Africa 

Xenophobia: FG to evacuate 83 Nigerians from South Africa 

Osun poll: APC claims internal wrangling caused defeat — Says party took Adeleke for granted

Osun poll: APC claims internal wrangling caused defeat — Says party took Adeleke for granted

latest news

11:59 am
Scaling the Gambling Business – A High-Loads Challenge

Scaling the Gambling Business – A High-Loads Challenge

In gambling and betting, everything goes smoothly until the big day. The Champions League final, World Cup, or Super Bowl – that is when platform traffic surges not just by a few, but by hundreds of times in a matter of minutes. It is at this moment that your entire technology is put to the […]

11:59 am
11:49 am
Hormuz won’t open until US meets demands, Iran negotiator says

Hormuz won’t open until US meets demands, Iran negotiator says

War between Iran and the United States broke out on February 28 after US-Israeli attacks on the Islamic republic, triggering a conflict across the region.

11:49 am
11:44 am
Syria sentences Bashar al-Assad’s cousin to death

Syria sentences Bashar al-Assad’s cousin to death

The 46-year-old relative of Assad was convicted over atrocities committed under the autocrat’s rule during the country’s nearly 14-year civil war.

11:44 am
11:34 am
Shakira, Burna Boy’s  hit ‘Dai Dai’ tops Billboard global charts

Shakira, Burna Boy’s  hit ‘Dai Dai’ tops Billboard global charts

According to Billboard charts, the song has now topped the Billboard Global 200 for a fifth week and the Billboard Global Excl. U.S. chart for an eighth week, according to Billboard.

11:34 am
11:27 am
Ogogo: Femi Adebayo seeks urgent medical help for Taiwo Hassan

Ogogo: Femi Adebayo seeks urgent medical help for Taiwo Hassan

The actor stressed that the family was not seeking financial donations but was instead in urgent need of medical expertise and direction.

11:27 am
11:21 am
Angelique Kidjo to become first African musician to get Hollywood star

Angelique Kidjo to become first African musician to get Hollywood star

Five-time Grammy winner Angelique Kidjo is set to be honored with a star on the Hollywood Walk of Fame on Tuesday, becoming the first African musician and first Black African to be recognized on the famed boulevard.

11:21 am
11:13 am
Stock market

Nigerian newspapers review: How 24 firms control over 70% of Nigeria’s stock market

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with how 24 firms control over 70 per cent of Nigeria’s stock market.

11:13 am
10:39 am
Osun people shouldn’t feel betrayed by Adeleke’s endorsement of Tinubu — Aide

Osun people shouldn’t feel betrayed by Adeleke’s endorsement of Tinubu — Aide

He added that Adeleke had explained his reasons for backing the president, citing the need for development in Osun State.

10:39 am
10:11 am
IGP Disu talks tough, declares jungle justice as homicide

IGP Disu talks tough, declares jungle justice as homicide

The Inspector General of Police, IGP Tunde Disu, has issued a stern public warning against “jungle justice” and mob action, declaring that anyone who assaults or kills a suspect outside the law will be prosecuted for murder.

10:11 am
10:05 am
Importer, clearing agent arrested over importation of 399 rifles

Importer, clearing agent arrested over importation of 399 rifles

The Nigeria Customs Service (NCS) has arrested an importer and a female clearing agent over the alleged illegal importation of 399 Jojef pump-action rifles through the Tin Can Island Port, Lagos.

10:05 am
Latest News

Politics

Osun poll: APC claims internal wrangling caused defeat — Says party took Adeleke for granted

Osun poll: APC claims internal wrangling caused defeat — Says party took Adeleke for granted

THE All Progressives Congress, APC, has admitted that internal wrangling, disagreement over its candidate and complacency contributed to its defeat in the 2026 Osun State governorship election, describing the outcome as a wake-up call ahead of the 2027 general election.
Obi slams ‘bizarre’ court order, NDC heads to appeal

Senator Dickson appoints Steve Nwosu, others as aides

I had no doubt Adeleke would be re-elected – Elder brother Deji

I had no doubt Adeleke would be re-elected – Elder brother Deji

Edo Assembly Speaker, Agbebaku resigns amid impeachment moves

Edo Assembly Speaker, Agbebaku resigns amid impeachment moves

2027: Accord, AAC, SDP presidential candidates join forces against Tinubu 

2027: Accord, AAC, SDP presidential candidates join forces against Tinubu 

Top Podcasts

ONE VOTE: Will Nigerians vote with their stomachs?

ONE VOTE: Will Nigerians vote with their stomachs?

12:40 pm
Iwoye: Àwọn ọlọ́pàá mú ènìyàn mẹ́ta ní ìlú Jos nítorí ikú Ibrahim ti won fi esun ole kan…

Iwoye: Àwọn ọlọ́pàá mú ènìyàn mẹ́ta ní ìlú Jos nítorí ikú Ibrahim ti won fi esun ole kan…

09:11 am
ONE VOTE: Where are the Senate and House of Reps candidates for 2027?

ONE VOTE: Where are the Senate and House of Reps candidates for 2027?

06:45 pm
Ìwòye: NSCDC gba àwọn akẹ́kọ̀ọ́ ọgọ́jọ sílẹ̀ ní ilé ẹ̀kọ́ gíga ayédèrú; Ilé ẹjọ́ dá ẹjọ́ ikú fún òjíṣẹ́ Ọlọ́run, Ubong Basi, tó pa ọmọ ẹ̀ nítorí àìlera

Ìwòye: NSCDC gba àwọn akẹ́kọ̀ọ́ ọgọ́jọ sílẹ̀ ní ilé ẹ̀kọ́ gíga ayédèrú; Ilé ẹjọ́ dá ẹjọ́ ikú fún òjíṣẹ́ Ọlọ́run, Ubong Basi, tó pa ọmọ ẹ̀ nítorí àìlera

02:49 am
BBNaija contestants who fail to plan for life after show will fall by road side – Seyi Awolowo

BBNaija contestants who fail to plan for life after show will fall by road side – Seyi Awolowo

05:57 pm
Favour pa ara rẹ̀ nítorí pé arákùnrin Ifáyín Ọ̀gbọ́nnà fi ipá bá a lòpọ̀ ní Ìpínlẹ̀ Delta; Musbau pa ìyàwó rẹ̀ nítorí oúnjẹ ní Ìpínlẹ̀ Nasarawa

Favour pa ara rẹ̀ nítorí pé arákùnrin Ifáyín Ọ̀gbọ́nnà fi ipá bá a lòpọ̀ ní Ìpínlẹ̀ Delta; Musbau pa ìyàwó rẹ̀ nítorí oúnjẹ ní Ìpínlẹ̀ Nasarawa

01:29 am
ONE VOTE: Your Vote Starts Before Election Day

ONE VOTE: Your Vote Starts Before Election Day

05:36 pm

More News

Stock market

Nigerian newspapers review: How 24 firms control over 70% of Nigeria’s stock market

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with how 24 firms control over 70 per cent of Nigeria's stock market.
Dollar to Naira exchange rate today, August 18, 2026

Dollar to Naira exchange rate today, August 18, 2026

NELFUND students loan

NELFUND: Student loan repayment capped at 10% of graduate’s gross income

Nigerian newspapers review: Why Adeleke won again in Osun

Nigerian newspapers review: Why Adeleke won again in Osun

World’s billionaires get even richer during COVID-19 pandemic ― Study

Dollar to Naira exchange rate today, August 17, 2026

Osun election

Osun election: ‘We respect INEC’s position’ —  Oyebamiji speaks after defeat

Osun election: ‘We respect INEC’s position’ —  Oyebamiji speaks after defeat

Adeleke, the candidate of the Accord Party, was declared the winner after polling 511,067 votes, defeating Oyebamiji, who secured 444,815 votes.
I’ve instructed Osun Attorney-General to drop suit against EFCC — Adeleke

Osun Election: IPAC tasks Adeleke on inclusive governance

Afenifere, Igbo presidency

Osun poll passed test of free, fair, credible election — Afenifere

I support Tinubu because he is Yoruba, not over any agreement

I support Tinubu because he is Yoruba, not over any agreement

Yiaga Africa commends Osun voters’ resilience, seeks BVAS improvement

Yiaga Africa commends Osun voters’ resilience, seeks BVAS improvement

Metro

Residents count losses as river ravages C’River community

Residents count losses as river ravages C’River community

The tarred federal highway that once knit this historic community in Calabar Municipality together has been erased. In its place yawns a crevice, a raw, widening gash that has swallowed a hospital, car parks, offices, and homes nurtured for decades.
Rose from the ashes of banned CDAs to become developers’ new nightmare

Rose from the ashes of banned CDAs to become developers’ new nightmare

Bayelsa

The water that won’t leave: Yenagoa’s self-inflicted flood

Rivers LGAs set to rehabilitate decayed premier county school

Rivers LGAs set to rehabilitate decayed premier county school

Concession of King’s College: Parents mobilise for protest

Concession of King’s College: Parents mobilise for protest

Columns

Adeleke’s victory: When the people speak, political calculations change, by Ejiro Ofoye

Adeleke’s victory: When the people speak, political calculations change, by Ejiro Ofoye

07:27 am
Who else but Professor Benjamin Nwabueze (2), by Eric Teniola

House of chiefs should be the next (2), by Eric Teniola

07:22 am
Pointless debate on Tinubu’s certificate, by Suleiman A. Suleiman

Pointless debate on Tinubu’s certificate, by Suleiman A. Suleiman

08:34 am
Why your bank might not pay dividends for years, by Dele Sobowale

Why your bank might not pay dividends for years, by Dele Sobowale

07:24 am
ABSU: Running a university as a local village contraption, by Owei Lakemfa

ABSU: Running a university as a local village contraption, by Owei Lakemfa

02:34 am
Election rigging: Universities should reply Obi, by Tonnie Iredia

Election rigging: Universities should reply Obi, by Tonnie Iredia

04:40 am
Deliverance is key  to a new beginning, by Funmi Komolafe

Deliverance is key  to a new beginning, by Funmi Komolafe

04:39 am

Entertainment

Shakira, Burna Boy’s  hit ‘Dai Dai’ tops Billboard global charts

Shakira, Burna Boy’s  hit ‘Dai Dai’ tops Billboard global charts

According to Billboard charts, the song has now topped the Billboard Global 200 for a fifth week and the Billboard Global Excl. U.S. chart for an eighth week, according to Billboard.
Ogogo: Femi Adebayo seeks urgent medical help for Taiwo Hassan

Ogogo: Femi Adebayo seeks urgent medical help for Taiwo Hassan

Angelique Kidjo to become first African musician to get Hollywood star

Angelique Kidjo to become first African musician to get Hollywood star

Veteran Yoruba actor, Ogogo, battles stage-four cancer as daughters seek medical help

Veteran Yoruba actor, Ogogo, battles stage-four cancer as daughters seek medical help

Tupac Shakur’s accused killer was out for ‘revenge’, jury hears

Tupac Shakur’s accused killer was out for ‘revenge’, jury hears

Promoted

Scaling the Gambling Business – A High-Loads Challenge

Scaling the Gambling Business – A High-Loads Challenge

One-judgment-thirty-six-rulebooks-the-compliance-bill-facing-Nigerias-digital-gaming-operators.png

One judgment, thirty-six rulebooks: the compliance bill facing Nigeria’s digital gaming operators

American-Cola-launches-Ilupeju-Creative-Court-with-sports-contests.jpeg

American Cola launches Ilupeju Creative Court with sports contests

How Ridima Is Changing the Way Nigerians Buy, Sell and Think About Gift Cards

How Ridima Is Changing the Way Nigerians Buy, Sell and Think About Gift Cards

Videos

I’m a homeless widow, but won’t fornicate to survive — Joyce, graduate, mother of four

I’m a homeless widow, but won’t fornicate to survive — Joyce, graduate, mother of four

Nostalgia, glitz as icons reunite for Daddy Showkey’s 50th anniversary celebration

Nostalgia, glitz as icons reunite for Daddy Showkey’s 50th anniversary celebration

Don’t shake hands indiscriminately with men

Don’t shake hands indiscriminately with men

People Talk: If You Could Ask President Tinubu One Question Today, What Would It Be

People Talk: If You Could Ask President Tinubu One Question Today, What Would It Be

ICYMI

How 24 firms control over 70% of Nigeria’s stock market

How 24 firms control over 70% of Nigeria’s stock market

Twenty-four companies have emerged as the most valuable stocks on the Nigerian Exchange Limited (NGX) year-to-date (YtD) as of August 17, 2026, collectively accounting for 74.8 per cent of the total market capitalisation of the equities market.
NELFUND students loan

Student Loan: How to apply for NELFUND

Anglican Bishop to leaders: Make citizens’ welfare yardstick of governance

Anglican Bishop to leaders: Make citizens’ welfare yardstick of governance

Why Adeleke won again in Osun

Why Adeleke won again in Osun

Adeleke’s camp to Keyamo: ‘There is no agreement’ with Tinubu

Adeleke’s camp to Keyamo: ‘There is no agreement’ with Tinubu

Today’s toons

Cartoon: Generational 'wealth'

Cartoon: Generational ‘wealth’

Cartoon: Takes prodigal father to know prodigal son

Cartoon: Takes prodigal father to know prodigal son

Cartoon: ‘Is amnesty the name of an animal, place or thing?’

Cartoon: ‘Is amnesty the name of an animal, place or thing?’

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Business

Banks slash lending, cut N5.4trn across key sectors

CBN’s Sidi-Ali wins 2026 NSA Award

By Emma Ujah,  Abuja Bureau Chief  The Ag. Director of Corporate Communications of the Central Bank of Nigeria (CBN), Mrs. Hakama Sidi-Ali, has won the 2026 edition of the National Spokespersons Award. The recognition was announced during the 6th National Spokespersons Awards and the 4th Economic Confidential Annual Lecture, organised by Image Merchants Promotion Limited (IMPR), publishers […]
HBM Nigeria’s profit up 57% to N208bn

HBM Nigeria’s profit up 57% to N208bn

Foreign dominance of coastal waters threatens Nigeria’s security 

Foreign dominance of coastal waters threatens Nigeria’s security 

Food inflation rate rises 5th consecutive month to 20.31%

Food inflation rate rises 5th consecutive month to 20.31%

How 24 firms control over 70% of Nigeria’s stock market

How 24 firms control over 70% of Nigeria’s stock market

Health

NUCLE hosts inaugural ‘Recovery Room’ workshop, brings diabetes education beyond  prescription pad

NUCLE hosts inaugural ‘Recovery Room’ workshop, brings diabetes education beyond prescription pad

Power crisis: Hospitals groan as electricity costs soar, warn of higher healthcare costs

Power crisis: Hospitals groan as electricity costs soar, warn of higher healthcare costs

Ebola

Congo Ebola outbreak explodes to 4,665 cases, 2,184 deaths

Lagos upgrades hospitals, plans head and neck centre in Somolu

Lagos upgrades hospitals, plans head and neck centre in Somolu

Sports

Chelsea chairman Boehly, director consider selling stake to majority owner

Chelsea chairman Boehly, director consider selling stake to majority owner

Boehly has reportedly been dissatisfied with the direction of Chelsea, notably regarding recruitment, managers and a potential new stadium plan.
Full list: Champions League play-off fixtures

Full list: Champions League play-off fixtures

NFF sacks Super Falcons technical crew after World Cup miss

NFF sacks Super Falcons technical crew after World Cup miss

Scottish FA withdraws support for FIFA president Infantino

Scottish FA withdraws support for FIFA president Infantino

Why I never won African Player of the Year award – Okocha

Why I never won African Player of the Year award – Okocha

Relationships

‘I regret snatching my friend’s husband’ — Reader

‘I regret snatching my friend’s husband’ — Reader

Put your wife down at your peril!

Put your wife down at your peril!

Dear Bunmi, I know it sounds strange that at this time and age, there could be a virgin in her thirties but that’s exactly what I am

Dear Bunmi, I’m a virgin at 30; nervous with my boyfriend

How to handle the ‘teenage demon’ when it visits your children!

How to handle the ‘teenage demon’ when it visits your children!

Special Report

AFCON 2025: Nigeria beat Egypt 4-2 on penalties to win bronze

World Cup, Super Eagles’ AFCON heartbreak, others dominate Google searches

“January belonged to AFCON, and to heartbreak,” Google said. “Nigeria vs Morocco” became one of the biggest individual queries of 2026.

Being Wife of Dancing Governor: ‘What I discovered about the Adeleke family’

Being Wife of Dancing Governor: ‘What I discovered about the Adeleke family’

While tribal relations in Southern Nigeria have deteriorated of late, many marriages between Yorubas and Igbos continue to thrive in all strata of society

NIMR crisis deepens as research professors face premature retirement

NIMR crisis deepens as research professors face premature retirement

At the Nigerian Institute of Medical Research (NIMR), the corridors once alive with the hum of discovery now echo with uncertainty

Gov Peter Mbah

Enugu International Hospital, a vision to reverse Nigeria’s medical tourism

in Enugu, a different story is beginning to unfold courtesy of the government of Peter Mbah which set out to change the narrative 16 months ago

More Columns

Technology

MultiChoice Nigeria clarifies ownership structure under Canal+

MultiChoice Nigeria clarifies ownership structure under Canal+

MultiChoice Nigeria has reaffirmed its operational autonomy under CANAL+, saying its pricing, content strategy, channel packaging and distribution decisions remain locally driven despite its integration into the global media and entertainment group.

Online shopping: Glovo cuts search stress with AI chat

Online shopping: Glovo cuts search stress with AI chat

By Juliet Umeh Shopping online may soon involve less scrolling, fewer filters and far more conversation, as Glovo moves its quick-commerce service into the growing world of generative artificial intelligence. The multi-category technology company has announced the integration of its shopping service with ChatGPT and Claude, allowing users to discover products, compare prices and find […]

Six Nigerian news creators get modern tools to tackle newsroom challenges

Six Nigerian news creators get modern tools to tackle newsroom challenges

By Juliet Umeh Six Nigerian independent news creators have secured the backing of Google News Initiative, GNI, to sharpen their storytelling, grow their audiences and build more sustainable digital newsrooms. The creators- The Republic, More Branches TV, Onlinebanker, Adetunji Films, Wearegst and Iswellthecapitalist – are among about 20 emerging news voices from across Sub-Saharan Africa […]

Mastercard, TeamApt tackle payment barriers facing African businesses

Mastercard, TeamApt tackle payment barriers facing African businesses

By Juliet Umeh Businesses across Africa may soon find it easier to receive payments, serve customers and participate in cross-border commerce as Mastercard and TeamApt Ltd, a subsidiary of Moniepoint, move to tackle some of the barriers limiting digital payment adoption. The companies’ collaboration is designed to expand digital payment acceptance across in-store, online and […]

More Technology

Education

LASU best graduating student, Oluolamide, wins N10m prize

LASU best graduating student, Oluolamide, wins N10m prize

By Elizabeth Osayande EPE, LAGOS — The overall best graduating student of Lagos State University (LASU) for the 2025/2026 academic session, Adebanjo Samuel Oluolamide, has received a N10 million cash prize from the Sunbeth Excellence Partnership Programme (SEPP). Oluolamide, of the Department of Aerospace Engineering, graduated with a Cumulative Grade Point Average (CGPA) of 4.97, […]

NGO uses sports, debate to return 700 children to school 

NGO uses sports, debate to return 700 children to school 

Sosa Fruit Drink and Indomie, sponsors of the championship, also expressed support for the initiative. The competition will culminate in November

Health colleges: Provosts urge Tinubu to lift 7-year moratorium

Health colleges: Provosts urge Tinubu to lift 7-year moratorium

The association urged government to exempt the institutions and ensure accreditation processes remain accessible.

UNILAG : I regret signing report – Visitation Panel Chairman

Accounts opening: NDPC probes Lotus Bank, UNILAG over unlawful use of students data

The Nigeria Data Protection Commission, NDPC, said yesterday it has commenced a forensic investigation into the University of Lagos, UNILAG, Lotus Bank and Hackerbella Ltd over alleged violations of data protection laws. Babatunde Bamigboye, Head of Legal, Enforcement and Regulations at the commission, disclosed this in a statement in Abuja. Efforts to get reaction of […]

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