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Economy/Business

Naira ends 2025 higher at official market

The Nigerian Naira concluded 2025 on a positive trajectory, appreciating to N1,435.75 against the US dollar due to improved market liquidity and seasonal inflows. This year-end strength, attributed to heightened confidence and festive-period stability, provides a cautiously optimistic foundation for the currency’s performance entering 2026.

Economy/Business

Stock market closes year with N533bn gain

The Nigerian equities market concluded 2025 with robust momentum, adding N533 billion in a single day and closing the year with an impressive 51.19% year-to-date return. This final surge was driven by strong performances from a broad base of 47 advancing stocks, notably in industrial and manufacturing sectors like Aluminium Extrusion Industries. The market’s positive breadth and substantial daily gain underscore a year of significant wealth creation for investors, despite isolated losses in pharmaceutical and consumer goods sectors.

General News

Police arrest suspect over alleged desecration of grave in Oyo

Oyo State Police have arrested a suspect for the alleged desecration of a grave and the discovery of a human head, highlighting a severe criminal act. The successful arrest was enabled by vigilant community reporting and swift police response, underscoring the critical role of public cooperation in law enforcement. In a related security advisory, the police reinforced the ban on fireworks, warning they could provide cover for criminal activities during New Year celebrations. The incident serves as a stark reminder for the public to remain observant and report

General News

Bright future awaits Nigeria in 2026, beyond — Fasoranti

A prominent Nigerian leader projects significant national improvement in 2026, citing tangible economic and security progress in late 2025 as a foundation. This optimism is explicitly tied to the current administration’s policies and the anticipated implementation of structural reforms like state police. While acknowledging persistent challenges, the outlook emphasizes national resilience and resource potential as key drivers for a stronger, more prosperous future. The summary calls for continued governmental focus on security and citizen welfare to fully realize this positive trajectory.

Gender

Lagos Domestic, Sexual Violence Agency records major impact in 2025

In 2025, the Lagos State Domestic and Sexual Violence Agency achieved significant impact through a multi-faceted strategy combining proactive policy, widespread community engagement, and strengthened justice. Key successes included launching pioneering policies against workplace and technology-facilitated violence, executing prevention campaigns across all 57 local areas, and securing critical convictions to reinforce accountability. This was powered by a coalition of government, civil society, and community leaders, demonstrating that systemic change requires both top-down policy and grassroots mobilization. The agency’s

Elections

Defection: Obi has returned to his vomit —APC

The APC has launched a scathing political attack against Peter Obi, framing his defection to the ADC as a profound moral and strategic failure that exposes his political brand as hypocritical. They argue this move reveals a “coalition of grievance and convenience” driven by personal ambition rather than ideological principle, stripping him of his reformist credibility. The statement further attempts to delegitimize the opposition by accusing it of dangerous complicity through its silence on terrorism and violent extremism. Ultimately, the APC positions itself

Defence/Security

Gunmen abduct ex–Ogun lawmaker in mosque

This incident highlights a severe escalation in Nigeria’s kidnapping crisis, as gunmen brazenly abducted a former state legislator from within a mosque—a traditionally sacred and communal space—demonstrating both the audacity of criminal groups and the erosion of safe havens. The violent struggle and subsequent armed escape underscore the operational boldness of these kidnappers, who operate with impunity even during coordinated security responses. The mobilization of specialized police units confirms the high-profile nature of the target but also raises

Elections

IPAC calls for correction of gazetted tax laws 

Nigeria’s Inter-Party Advisory Council (IPAC) has issued a critical call for the Federal Government to rectify discrepancies between passed and gazetted tax laws, framing this as a fundamental issue of legal credibility and the rule of law. Simultaneously, IPAC urges INEC to proactively ensure the integrity of the 2027 elections through technical preparedness and strict neutrality to prevent glitches and bolster public trust. The council also challenges politicians to shift from violence and vote-buying to issue-based competition while

General News

Court orders arrest of Ondo Commissioner for allegedly assaulting magistrate 

A senior Ondo State official has been ordered arrested and remanded for allegedly assaulting a chief magistrate, an act the court suggests stemmed from judicial retaliation. The commissioner’s attempt to delay proceedings with a contested medical report was rejected by the magistrate as unsatisfactory and indicative of disregard for the court. This case starkly illustrates the judiciary’s willingness to assert its authority against powerful political figures accused of undermining its integrity. The incident underscores a critical confrontation between state executive power and judicial independence, with the court taking

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