Author: TheLagosianMagazine

By Peter Omopo  Lagos, July 1, 2025 — The Nigerian Exchange Limited (NGX) has announced major changes to its key stock market indices following its half-year review, including a reshuffling of the NGX 30 Index, which tracks the performance of the top 30 most capitalised and liquid stocks on the Exchange. In a statement issued on Tuesday, the Exchange said the review was based on its market capitalisation methodology, with the new changes taking effect at market open on July 1. In the latest revision, Aradel Holdings Plc and Wema Bank Plc were added to the prestigious NGX 30 Index,…

By Peter Omopo  July 1, 2025 – Lagos, Nigeria — Nigerian-born lawyer and politician, Owolabi Salis, has etched his name in history as the first Nigerian to travel to space, joining the crew of Blue Origin’s NS-33 mission, which successfully launched from West Texas, United States, on Sunday. Salis was part of a six-member civilian crew aboard the New Shepard suborbital spacecraft, operated by Blue Origin, the aerospace company founded by Amazon’s Jeff Bezos. The historic flight lasted approximately 10 minutes, reaching an altitude of 105.2 kilometres, surpassing the Kármán line—the internationally recognised boundary of space. The other crew members…

By Peter Omopo  Lagos, July 1, 2025 — The Ojora of Ijora and Iganmu Kingdom, Oba AbdulFatai Oyegbemi, has announced the immediate dethronement of six traditional chiefs for allegedly impersonating him at a Labour Party campaign flag-off in Apapa, Lagos State. The monarch accused the affected chiefs of attending the political event without prior approval from the palace and violating traditional protocols by presenting themselves as royal representatives. The dethroned chiefs include Chief Lateef Ojora (Bale Alaba Oro), Chief Saliu Biliamin (Bale Alafia Dodoro), Chief Taiwo Hassan (Bale Oke Ira), Chief Idris Ojora (Bale Abule Kere), Chief Hakeem Oseni (Bale…

By Peter Omopo  Abuja, July 1, 2025 — The Federal Ministry of Aviation has initiated high-level consultations with the Nigerian Air Force (NAF) as part of preparations for the forthcoming Nigeria Airshow, with the Permanent Secretary, Dr. Ibrahim Abubakar Kana, leading a delegation to NAF headquarters. The visit, confirmed in a statement signed by Odutayo Oluseyi, Head of Press and Public Affairs at the Ministry of Aviation, was aimed at strengthening collaboration with the military to ensure a successful hosting of the international aviation event. Dr. Kana expressed appreciation for the professionalism consistently displayed by the Air Force and emphasised…

By Peter Omopo  Abuja, July 1, 2025 — Senator Agom Jarigbe, representing Cross River North Senatorial District, has announced a temporary withdrawal from legislative and constituency responsibilities due to health challenges. In a statement released on Monday, the lawmaker revealed that he is currently undergoing medical treatment and will be stepping back from public engagements on the advice of his doctors. “This is a necessary pause, and I am receiving proper medical attention. God willing, I expect to fully resume my responsibilities within the next two weeks or even sooner,” Jarigbe said. As a result of his temporary absence, a…

By Peter Omopo  Ilorin, July 1, 2025 — Kwara State Governor, AbdulRahman AbdulRazaq, has rewarded players of Kwara United Football Club and the club’s U-19 team with ₦5 million and plots of land each for their recent football triumphs. At a reception held in Ilorin on Monday, the governor hosted the senior team for winning the 2025 President Federation Cup, as well as the U-19 squad, who clinched the inaugural National Youth League title. The gesture was announced in a statement by his Chief Press Secretary, Rafiu Ajakaye. Each player of the senior team will receive ₦5 million and a…

By Peter Omopo Abuja, July 1, 2025 — The Independent National Electoral Commission (INEC) on Tuesday unveiled a detailed timetable outlining key elections for the 2025–2026 period and announced the nationwide resumption of the Continuous Voter Registration (CVR) exercise. The announcement was made by INEC Chairman, Professor Mahmood Yakubu, during the second quarterly consultative meeting with Resident Electoral Commissioners (RECs) in Abuja. According to a statement released on INEC’s official X (formerly Twitter) handle, the commission is preparing for an intensive electoral cycle featuring five major elections across multiple states. “The five major elections highlighted in the new timetable include…

By Peter Omopo  Abuja, July 1, 2025 — Troops of Operation Fasin Yamma have killed a notorious terrorist kingpin, Yellow Danbokkolo, during a major military operation in Sokoto State, the Defence Headquarters announced on Tuesday. The operation, carried out over the past week in the eastern axis of Sokoto, was executed in collaboration with hybrid forces, air components, and other security agencies. It was based on actionable intelligence tracking the movement of fleeing bandits and terrorists across the North-West. Director of Defence Media Operations, Major General Markus Kangye, confirmed the development in a statement released in Abuja. “During the encounter,…

By Peter Omopo  Abuja, July 1, 2025 — The Nigerian Senate on Monday hosted a diplomatic summit with African envoys in Abuja, intensifying calls for the return of looted artefacts and reparations for the continent’s colonial past. The high-level engagement, held at the National Assembly, was convened by the Senate Committee on Reparation and Repatriation, chaired by Senator Ned Nwoko. The forum brought together lawmakers and representatives from several African nations to strategise on reclaiming stolen cultural heritage and addressing the lingering impact of colonisation. In his opening remarks, Senator Nwoko highlighted the moral and historical urgency of the cause,…

By Peter Omopo  Abuja, June 30, 2025 — A civil rights group, the Assembly of Indigenous Youths of Abuja (AOIYEO), has dragged the Federal Capital Territory Administration (FCTA) and the six Area Councils of the FCT to court over the continued strike by primary school teachers and healthcare workers. The lawsuit, filed at the FCT High Court on Monday, is marked CV/2484/25 and challenges what the group describes as a gross violation of the fundamental rights of Abuja residents—particularly schoolchildren and users of public health services—due to the protracted industrial action. Primary school teachers and health workers employed by the…