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The Nigerian equities market closed in the red on Thursday ahead of the Easter holidays, as sell-offs in 24 listed firms wiped out about N3 billion in market value. Stocks such as John Holt, Abbey Mortgage Bank, International Energy Insurance, CHAMS, and Tantalizers were among the key drivers of the downturn, as investors offloaded shares. At the close of trading, market capitalization slipped marginally by 0.002 percent, declining from N129.809 trillion at the opening to N129.806 trillion. Similarly, the All-Share Index shed 4.66 points, or 0.002 percent, to settle at 201,698.89, down from 201,703.55 recorded in the previous session. Despite…

The ongoing crisis between traditional institution in Ibadanland and Oyo State government under the leadership of Seyi Makinde has depeened, DAILY POST reports. The crisis took another dimension on Thursday when the three High Chiefs due for elevation as Obas announced they would be absent from the event. High Chief Kola Babalola, the Ekaarun Olubadan, High Chief Akeem Bolaji Adewoyin, Ekerin Balogun, and High Chief Sharafadeen Abiodun Alli, Ekaarun Balogun were due for elevation to Obas. The coronation had been slated for Friday. DAILY POST gathered that both the traditional institution in Ibadan which consists of the Olubadan of Ibadanland,…

The Independent National Electoral Commission, INEC, has reacted to the call made by the African Democratic Congress, ADC, for its Chairman, Prof. Joash Amupitan to resign immediately. During their World Press Conference in Abuja on Thursday, ADC, through its national Chairman, David Mark called for the sack or resignation of Amupitan, alleging partisan bias. This was on account of the decision of the Commission to remove the name of the party’s leaders from its portal a decision it described as obedience to a recent Court of Appeal Judgment. The Commission said it recognises the right of stakeholders to express their…

The Inter-Party Advisory Council, IPAC, has expressed deep concern over recent developments in Nigeria’s political and security landscape, particularly the proposed Nationwide Voter Revalidation Exercise by the Independent National Electoral Commission, INEC, the handling of the leadership situation within the African Democratic Congress, ADC, and the persistent killings in Plateau State. IPAC said it acknowledged that periodic updates of the voter register are vital to strengthening Nigeria’s democracy, but added that the timing raises serious concerns. It said that at a period when critical stakeholders, especially political parties are already burdened with numerous obligations arising from the new Electoral Act,…

President Donald Trump has fired three senior US officials in 11 months, the latest being the US Attorney General Pam Bondi, whom he replaced with Deputy Attorney General Todd Blanche. With the cabinet member’s exit from the Department of Justice, President Trump has now, within 11 months discharged three senior administration officials during his second term. On March 5, Kristi Noem was removed as the Secretary of Homeland Security and replaced with a Senator from Oklahoma, Markwayne Mullin—sworn in as the 9th Homeland Security Secretary on March 24. The Department oversees several security, border control, emergency management, and immigration agencies,…

The Economic and Financial Crimes Commission, EFCC, has explained to the Federal High Court in Abuja why the 57 properties linked to a former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, should be permanently forfeited to the Federal Government. The EFCC, in a motion on notice for final forfeiture of the properties filed by its team of lawyers led by Jibrin Okutepa, SAN, and Ekele Iheanacho, SAN, told Justice Joyce Abdulmalik that Malami had failed to place sufficient evidence of genuine ownership before the court to warrant the court to vacate the earlier interim…

The senator representing Yobe South Senatorial District, Mohammed Ibrahim Bomai, and APC governorship hopeful, has denied rumours that his meeting with some of the party’s chieftains in Abuja was a plot to defect to the African Democratic Congress (ADC). In a statement on Thursday, Senator Bomai clarified that the meeting was convened solely to demand fairness, transparency, and a level playing field in the party’s upcoming primaries, in line with the Nigerian Constitution and the Electoral Act. He described claims of an impending defection to the ADC as “entirely false, baseless, and without any foundation.”“I remain a committed, loyal, and…

The member representing Ukwa East Constituency in the Abia State House of Assembly, Lewis Obianyi, has alerted the Assembly about the discovery of lifeless bodies of six young girls inside a community farm. The lawmaker, while presenting matters of urgent public importance at the Assembly on Tuesday, said the bodies were found on farmlands at Akrika Ukwu community. Obianyi, who said the mutilated bodies of the young girls were discovered on March 23, 2026, informed the Abia State House of Assembly that the development has created fear among farmers and other villagers in Akrika Ukwu. Lewis Obianyi urged the House…

The Supreme Council for Sharia in Nigeria has condemned the recent killings in Angwan Rukuba, Jos, in Plateau State, calling for urgent and decisive action from authorities. In a press statement, the council expressed outrage and grief over what it described as the brutal killing of innocent citizens. It said the incident highlights the fragile state of security in the country and the urgent need for government intervention. The council warned that repeated condemnations without concrete action are no longer acceptable.According to the statement, “statements without corresponding action have become painfully predictable and insufficient.” It urged leaders and security agencies…

The Super Eagles will take on Poland and Portugal in international friendlies in June, DAILY POST reports. The encounter against Poland will hold on Wednesday, 3 June 2026 at a yet to be named venue. Éric Chelle side will be up against Portugal one week later. The venue of the game is also yet to be confirmed. The Super Eagles are also scheduled to take part in the Unity Cup in May. They will use the friendlies to prepare for the 2027 Africa Cup of Nations qualifiers.