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Background

News

Foreign Investors Exit Nigerian Stock Market with N576bn Selloff in H1 2025

Foreign investors pulled out a total of N576.09 billion from the Nigerian stock market in the first half of 2025, marking a significant rise of nearly 85% compared to the N311.41 billion withdrawn during the same period in 2024. The latest figures, released in the Nigerian Exchange Group's (NGX) Domestic and Foreign Portfolio Investment Report for June 2025, show that foreign outflows outpaced inflows, which stood at N559.25 billion. This

todayAugust 7, 2025 43

News

Veteran Journalist and MKO Abiola’s Wife, Dr. Doyin Abiola, Dies at 82

A renowned media pioneer and influential voice in Nigerian journalism, Dr. Doyin Abiola, has passed away at the age of 82. Dr. Abiola, the first woman to lead a national newspaper in Nigeria as Managing Director and Editor-in-Chief, was also the wife of late business mogul and winner of the annulled June 12, 1993 presidential election, Chief MKO Abiola. Her passing was confirmed by one of MKO Abiola’s sons, Jamiu

todayAugust 6, 2025 22

News

FG Raises Alarm Over Imminent Five-Day Flood Risk Across 19 States

The Federal Government has sounded a nationwide alert, warning of imminent heavy rainfall that could result in serious flooding across 19 states and 76 locations between August 5 and 9, 2025. The caution was issued by the National Flood Early Warning Systems Centre under the Federal Ministry of Environment, urging citizens and relevant agencies to take proactive measures. The alert follows reports of flooding in several parts of the country,

todayAugust 6, 2025 24

Sport

Inter Milan to Table Improved €50M Offer for Ademola Lookman

Inter Milan are reportedly preparing a renewed bid for Nigerian winger Ademola Lookman, with the total offer expected to exceed €45 million in guaranteed fees and potentially rise to €50 million including performance-related bonuses. According to sources close to the negotiation, Atalanta previously rejected Inter's initial bid of €42 million plus €3 million in add-ons, maintaining a firm stance on their valuation of the player following his impressive 2024/25 season.

todayAugust 5, 2025 23

News

2025 WASSCE: Less Than 40% of Candidates Passed Key Subjects – WAEC

The West African Examinations Council (WAEC) has raised concerns over a significant drop in performance in the 2025 West African Senior School Certificate Examination (WASSCE), with only 38.32% of candidates securing credits in five subjects, including English Language and Mathematics. Releasing the results on Monday, Dr. Amos Dangut, WAEC’s Head of National Office, disclosed that only 754,545 out of 1,969,313 candidates who sat for the exam met the minimum benchmark.

todayAugust 5, 2025 31

News

Lagos Government Shuts Down Victoria Island Club Over Traffic Offences

The Lagos State Government has closed Vaniti Club House, situated on Adeola Odeku Street in Victoria Island, due to repeated violations of traffic regulations. The enforcement operation was led by Mr. Olalekan Bakare-Oki, the General Manager of the Lagos State Traffic Management Authority (LASTMA), and carried out by the agency’s Rescue and Compliance Unit. A statement released on Monday by Mr. Adebayo Taofiq, LASTMA’s Director of Public Affairs and Enlightenment,

todayAugust 5, 2025 26 1

News

Magodo Residents Urge Sanwo-Olu to Stop Construction on Vital Floodplain

Residents of Magodo GRA Phase 2 in Shangisha, Lagos, are calling on Governor Babajide Sanwo-Olu to urgently halt construction activities on a landlocked gorge within their estate, which they claim was earmarked in the original layout as a crucial flood-control zone. In a statement issued by the Magodo GRA Phase 2 Community Development Association (CDA) and signed by its Chairman, Niyi Odusi, the community expressed alarm over the environmental and

todayAugust 5, 2025 33 2

Politics

Countdown to 2027: Gana, Baraje, Makarfi Jostle for PDP Chair as Consensus Push Grows

With the Peoples Democratic Party’s (PDP) National Convention slated for November 15–16, 2025 in Ibadan, top party figures are lining up to contest the National Chairman position, amid growing calls for a consensus-based selection process Main Aspirants and Internal Dynamics Reported frontrunners include Professor Jerry Gana, former Minister of Information; ex-party chair Kawu Baraje; and former Kaduna State Governor Ahmed Makarfi. Current acting Chairman Umar Damagum is also believed to

todayAugust 5, 2025 23

News

Abuja Police Arrest Sisters, Couple Over Fake Kidnapping to Extort N5 Million from Father

The Federal Capital Territory (FCT) Police Command has arrested four individuals, including two sisters, for allegedly staging a fake kidnapping in a bid to extort N5 million from their father. According to a statement issued on Tuesday by the FCT Police Public Relations Officer, SP Josephine Adeh, the incident began when a man identified as Mr. Innocent, a resident of Jikwoyi Phase II, reported that his 16-year-old daughter, Lead Way

todayAugust 5, 2025 21