Author: Ogochukwu Ndubuisi

The Federal Government (FG) is to establish a digital registry for radiographers and strengthen regulatory oversight to eliminate quackery in the profession and improve regulation in Nigeria’s diagnostic healthcare services.

NGX Index Surges as Nestle Nigeria, Stanbic IBTC Rally The Nigerian equities market closed Thursday’s trading session on a positive note as the All-Share Index (ASI) advanced by 18bps, amidst gains in high-cap stocks like MTNN, NESTLE, amongst others. However, market breadth closed negative, with 32 stocks gaining and 37 declining. In today’s market session, gains in NESTLE (+4.84%), STANBIC (+5.56%) and MTNN (+0.63%) were notable drivers of the market’s upbeat outcome, offsetting declines in DANGSUGAR (-7.10%) and JAIZBANK (-7.41%). However, the market breadth closed negative at 0.84x, as the session produced more laggards (38) than gainers (32). ETERNA (+10.00%)…

Quest Merchant Bank Limited has successfully fulfilled the ₦50 billion minimum capital requirement mandated by the Central Bank of Nigeria (CBN) for merchant banks.

The Nigerian Exchange (NGX) ended its recent positive streak on Wednesday, with the All-Share Index (ASI) declining 0.08% to 196,463.22 points, bringing the year-to-date return to 26.25%.

AEDC, NEDC Partner to Roll Out solar Mini-Grids The Abuja Electricity Distribution Company (AEDC), through its subsidiary, the Niger Electricity Distribution Company (NEDC), will collaborate with the Niger Government to deploy solar mini-grids and other renewable energy solutions. Mr Omede Odekina, Brand Marketing and Corporate Communications, NEDC stated this in a statement in Abuja on Tuesday. Odekina said that NEDC welcomed the commendable efforts of the Niger government, under the leadership of Gov. Mohammed Bago, to deploy solar mini-grids and renewable energy solutions to previously unserved and underserved communities across the state. He noted that the initiatives included the provision…

Sunbeth Secures Approval for N200bn Commercial Paper to Boost Cocoa Export Sunbeth Global Concepts Ltd., one of Nigeria’s largest cocoa exporters and a top five non-oil export contributor, has secured approval to establish a ₦200 billion Commercial Paper Programme. Sunbeth Global Concepts Ltd. is a leading agro-commodities sourcing and trading platform operating across key international markets. This is contained in a statement made available to the News men on Tuesday in Lagos. According to the statement, the company has launched up to ₦100 billion in Series 1, 2 and 3 Commercial Paper issuances under the programme to strengthen working capital…

Banking and oil stocks drove momentum in the Nigerian stock market on Tuesday, reflecting investors’ positive sentiment amidst earnings releases.

Ellah Lakes’ N235bn Public Offer Failed, Investors Get Refund Ellah Lakes Plc’s N235 billion public offers failed to meet the minimum subscription threshold required for allotment, according to a regulatory filing on the Nigerian Exchange. Management told the authority that public offer for 18.8 billion ordinary shares at ₦12.50 per share did not meet the minimum subscription threshold required for allotment. As a result, the offer has been declared unsuccessful, and no shares will be allotted to subscribers, according to the official statement submitted to the Nigerian Exchange. The company’s offer was opened on November 10, 2025, and closed on…

Iran Says Strait of Hormuz Closed, Warns it’ll Attack Ships Trying to Pass Iran says the Strait of Hormuz is closed and it will fire on any ship ​trying to pass, Iranian media has reported. About a fifth of the world’s total oil consumption passes through the strait. The Strait of Hormuz lies between Oman and Iran. It links the Gulf north of it with the Gulf of Oman to the south and the Arabian Sea beyond. It is 21 miles (33 km) wide at its narrowest point, with the shipping lane just 2 miles (3 km) wide in either…

U.S. Imposes Sanctions on Rwanda Military Over East Congo Fighting The U.S. on Monday imposed sanctions ‌on the Rwanda Defence Force (RDF) and top military officials over their role in ongoing fighting in eastern Democratic Republic of Congo and called for their immediate withdrawal from the mineral-rich region. Rwanda has long rejected allegations from Congo, the United Nations, and Western powers that ​it supports the AFC/M23 rebel group, which staged a lightning offensive last year and now holds ​more territory in eastern DRC than ever before. But the U.S. Treasury Department said on ⁠Monday that the rebels’ gains would have…