Ten stockbroking firms on the Nigerian Exchange Ltd. (NGX) recorded transactions worth N949.899 billion in April 2026. This performance reinforced their dominance in the equities market, as the firms accounted for 52.37 per cent of the total trade value during the period, according to the NGX broker performance report. The leading firms were Cardinalstone Securities, Cordros Securities, Stanbic IBTC Stockbrokers, EFG Hermes Nigeria, and Meristem Stockbrokers. Others in the top ten included First Securities Brokers, Coronation Securities, United Capital Securities, Lambeth Capital, and QCapital Ltd. READ ALSO: Nigerian equities market gains ₦62b to start May Cardinalstone Securities led the chart…
Author: Newsdesk
Talks between the Federal Government and the Joint Action Committee (JAC) of non-teaching staff unions in universities ended in deadlock on Monday in Abuja, with key issues remaining unresolved. The JAC comprises the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU). The meeting, convened by the Minister of Education, Dr Tunji Alausa, was adjourned until 3 p.m. on May 5 for further negotiations. SSANU and NASU had begun an indefinite strike on April 30 after the expiration of a one-month ultimatum to the Federal Government over the renegotiation of the…
The Enugu State Government has approved the construction of 151.55 kilometres of rural roads to open up communities and boost connectivity across the state. The decision was taken on Monday during the State Executive Council (EXCO) meeting at the Government House, Enugu. Briefing journalists after the meeting, the Commissioner for Works and Infrastructure, Mr. Benjamin Okoh, said the approval was in line with Governor Peter Mbah’s promise to deliver 10,000 kilometres of roads. According to Okoh, the projects cover several rural corridors aimed at improving access and stimulating economic activities. Key projects include the 52.2-kilometre Nsukka–Lejja–Aku–Akpakwume–Eke–Ebe road and other roads…
The Niger State Government has inaugurated an Immunisation Plus campaign aimed at protecting children against polio and other vaccine-preventable diseases. Deputy Governor Mr Yakubu Garba inaugurated the campaign in Minna on Monday, targeting children and other vulnerable groups. Garba said the initiative is part of the government’s broader strategy to reduce maternal and child mortality and improve public health outcomes. He noted that the campaign would ensure adequate sensitisation and mobilisation of communities to access routine immunisation services. The deputy governor urged parents, caregivers, teachers, and community leaders to ensure all eligible children are presented for vaccination. “Immunisation remains one…
Dr Paul Adalikwu, Secretary-General of the Maritime Organisation of West and Central Africa (MOWCA), says regional collaboration will unlock vast opportunities in the maritime sector. Adalikwu made the call in Oron, Akwa Ibom State, on Monday during a regional exchange visit to the Maritime Academy of Nigeria (MAN). The four-day visit is themed: “Advancing Maritime Education and Training Across West and Central Africa.” Adalikwu noted that the maritime sector remains the backbone of West and Central African economies and should be fully harnessed for regional development. He reiterated MOWCA’s commitment to bridging gaps in maritime human capital through collaboration among…
The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU), Obafemi Awolowo University (OAU) chapter, have joined the nationwide strike over the delay in implementing the 2009 agreement. The unions staged a peaceful protest at Freedom Park in Ile-Ife on Monday, displaying placards with various inscriptions. Mr Ademola Junaid, SSANU Chairman, said the strike was necessitated by the Federal Government’s failure to conclude and implement the 2009 agreement. READ ALSO: Education ministry clarifies BEA scholarship not reinstated in 2026 budget Junaid commended President Bola Tinubu for his excellent performance in the…
The Nigerian equities market opened the week on a positive note on Monday, as the first trading session of May closed with a gain of ₦62 billion. The uptrend was driven by renewed buying interest in energy, consumer goods, and industrial stocks. Stocks such as FTN Cocoa Processors, Consolidated Hallmark, CAP, AIICO Insurance, and Dangote Sugar, alongside 38 other gainers, lifted the market. Market capitalisation rose by ₦62 billion, representing a 0.36 per cent increase from ₦155.994 trillion to ₦156.056 trillion. Similarly, the All-Share Index advanced by 881.16 points, or 0.36 per cent, closing at 243,158.97 from 242,277.81 in the…
The Chairman of Orile-Agege Local Council Development Area, Mr Akinola Idowu, has urged students to uphold discipline as he distributed 3,000 exercise books and writing materials to support learning. This was contained in a statement issued on Monday by Mr Sunday Adefamoye, Chief Press Secretary to the council chairman. According to the statement, Idowu, an alumnus of Orile-Agege Community Junior High School (1989–1995), returned to his alma mater to provide the educational support. The distribution took place at Orile-Agege Community Junior High School and Eko Junior College, where hundreds of students benefited. Each student received 10 exercise books and other…
The Ebonyi State Government has lifted the over three-month curfew imposed on the Amasiri community following a violent boundary clash and killings in Okporojo, Edda Local Government Area of the state. The lifting was announced after a State Security Council meeting presided over by Governor Francis Nwifuru in Abakaliki on Monday. The curfew was imposed in February 2026 after fatal boundary disputes between Amasiri in Afikpo Local Government Area and Okporojo in Edda Local Government Area, during which no fewer than four persons were beheaded. READ ALSO: NAF destroys terrorist hideout in Katsina Speaking with journalists after the meeting, Mrs…
The Lagos State Ministry of Tourism, Arts and Culture says it is expanding the Eko Schools Arts and Crafts Competition 2.0 to include mentorship, technology-driven creativity, and long-term career support for young artists. The Permanent Secretary of the Ministry, Mrs. Bopo Oyekan-Ismaila, said this at a news conference to unveil the second edition of the competition on Monday in Lagos. It was reported that the competition is open to students in public and private schools across the state, covering junior secondary, senior secondary, and tertiary categories. The Eko Schools Arts and Crafts Competition 2.0 is themed “This is Lagos.” According…