The Nigerian All-Share Index closed firmly in the green on 11 December 2025, adding 1,088.58 points to finish at 147,950.59

That is a 0.74% lift from the previous day’s close of 146,861.98, even as overall market activity softened.

Daily trading volume eased to 529 million units, down from 747 million recorded in the prior session.

Market capitalization, however, pushed higher, rising to about N94.3 trillion across 18,159 deals, compared with N93.6 trillion in the previous session.

On the gainers’ chart, JAPAULGOLD and BERGER Paints led the pack, each advancing 9.88%.

On the laggards’ side, JOHN HOLT and CHAMPION fell by 9.26% and 7.86% respectively.

In terms of market activity, ACCESSCORP and FCMB dominated the day’s volume, trading the highest number of shares.

Market summary  

• Current ASI: 147,950.59
• Previous ASI: 146,861.98
• Day Change: +0.74%
• Year-to-Date Performance: +43.74%
• Volume Traded: 529 million shares
• Market Cap: N94.3 trillion.

Top 5 gainers   

• BERGER: Up 9.88% to N40.05
• JAPAULGOLD: Up 9.88% to N2.78
• MORISON: Up 9.77% to N4.27
• PZ: Up 9.36% to N45.00
• LEGENDINT: Up 8.91% to N5.50

Top 5 losers  

• JOHNHOLT: Down 9.26% to N4.90
• CHAMPION: Down 7.86% to N12.90
• ETERNA: Down 5.48% to N30.20
• VFDGROUP: Down 5.07% to N10.30
• TIP: Down 4.80% to N11.90

Trading volume 

• ACCESSCORP led the activity chart with 156.3 million shares, setting the pace for the session.
• FCMB followed with 74.5 million shares.
• FIDELITYBK ranked third with 42.9 million shares, while JAPAULGOLD and ZENITHBANK rounded out the top five with 41.1 million and 20.3 million shares respectively.

Trading value 

• By transaction value, ACCESSCORP also dominated with trades worth N3.1 billion.
• ZENITHBANK came next with N1.3 billion, while MTNN recorded deals totaling N1.09 billion.
• FCMB posted N819.5 million in value traded, and FIDELITYBK completed the top five at N812.7 million.

SWOOT and FUGAZ performance 

Stocks Worth Over One Trillion Naira (SWOOTs) reflected a bullish tone during the session:

• NIGERIAN BREWERIES advanced by 7.57%.
• MTNN climbed 4.91%.

Among the FUGAZ names:

• FIRSTHOLD shed 1.1%, UBA slipped 0.62%, ACCESSCORP fell 0.49%, GTCO declined 0.44%.

• ZENITHBANK edged down by 0.08%.

Market outlook 

The All-Share Index is inching closer to a full recovery after the late-November dip that pushed it toward the 143,000 mark.

If sustained buying interest returns across mid- and large-cap stocks, the market could be on course for a rebound toward the 150,000 level.

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Ndubuisi Francis in Abuja

The Fiscal Responsibility Commission (FRC) has revealed that it is finalising the revised Five-Year Strategic Plan, designed to enhance public financial management, transparency, and accountability across all tiers of government in the country.
This is in alignment with the mandate of the Fiscal Responsibility Act (FRA) 2007.
FRC Chairman, Mr. Victor Muruako, who disclosed this in Abuja during the 2025 end-of-year activities.of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), said the revised plan includes expanded areas of collaboration with the ICPC aimed at strengthening the delivery of their shared mandates.
The Five-Year Revised Strategic Plan focuses on several key areas, including improving Public Financial Management (PFM), with focus on implementing strategies to ensure the prudent management of the nation’s resources and long-term macroeconomic stability.
It also incorporates monitoring and evaluation, strengthening systems to monitor government revenue, expenditure, and debt practices, as well as encouraging greater public engagement in fiscal governance and the budgetary process to foster transparency.
The Plan equally includes enhancing the FRC’s operational efficiency through collaboration with other anti-corruption agencies like the ICPC and the Debt Management Office (DMO).
At the event, Muruako applauded the ICPC for its steadfast commitment to accountability and anti-corruption efforts across Nigeria.
In a statement, Deputy Director, Strategic Communications Directorate of the FRC, Mr. Bede Ogueri Anyanwu said Muruako extended warm felicitations from the management and staff of his agency.
He described the event as timely and significant as the nation reflects on the challenges and accomplishments of the outgoing year.
Muruako commended the ICPC Chairman, Dr. Musa Adamu Aliyu, and his team for sustaining the Commission’s legacy as one of Nigeria’s frontline anti-corruption institutions.
Muruako particularly highlighted the recent signing of a Memorandum of Understanding (MoU) between the two agencies, describing it as a major step toward strengthening inter-agency collaboration in tackling corruption at all tiers of government.
According to him, both agencies had in recent months intensified joint efforts targeted at enhancing accountability and preventing corruption at the local government level.
These efforts, he noted, focus on improved budget preparation, prudent management of public funds, and the modernization of tax, financial and asset administration systems. He emphasized that where acts of corruption are detected, the law must take its full course to deter future offenders.
Expressing gratitude for the successes recorded in 2025, the FRC Chairman praised the ICPC for maintaining an unblemished record and avoiding allegations of compromise.
He encouraged the Commission’s staff not to relent in their determination to combat graft, assuring them that their sacrifices for the nation are deeply appreciated.
The FRC Chairman reaffirmed the his agency’s unwavering support for the ICPC, and expressed confidence that the coming year would bring even greater achievements.

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By Progress Godfrey, Abuja

President Bola Ahmed Tinubu has said that the nationwide impact of the Three Million Technical Talent (3MTT) programme shows Nigeria can achieve its $1 trillion economy target by increasing productivity and training a skilled workforce.

Speaking through the Secretary to the Government of the Federation (SGF) Senator George Akume, at the 3MTT Nigeria National Impact Summit in Abuja on Thursday, the President stated that national wealth requires deliberate investment in people rather than luck.

He noted that in a world changed by technology, successful nations are those that develop the skills of their youth. The President stressed that under the Renewed Hope Agenda, Nigeria must treat human capital as its most valuable asset.

Tinubu explained that digital skills are now essential for growth in agriculture, healthcare, finance and manufacturing. He described the Three Million Technical Talent (3MTT) programme as a key part of his administration’s plan to transform the economy.

“A strong digital workforce creates jobs, expands enterprise and positions Nigeria to participate competitively in the global marketplace. More importantly, it shifts our role in the world from passive consumers of technology to active creators and exporters of talent,” he said.

The President praised the programme for moving from a concept to real results in all 36 states and the Federal Capital Territory, highlighting that over 1.8 million applications were received, leading to new startups and jobs across the country.

He thanked the Ministry of Communications, Innovation and Digital Economy and partners like Google, MTN and the European Union for supporting the initiative while urging continued teamwork to keep transforming technical skills across the nation.

Tinubu affirmed that the government is determined to build a strong foundation for a digital workforce. He stated that the future of Nigeria relies on skilled hands and innovative minds ready to lead.

He said, “To the young Nigerians gathered here, and to the millions you represent across every community in our nation, we believe in your capacity and your future. Through initiatives like 3MTT, we are building genuine platforms for progress, not ceremonial commitments.”

Earlier in his remarks, Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, revealed that 135,000 Nigerians have been trained in the last two years, with some moving on to jobs or studies abroad, even as he praised the President’s support.

Tijani pointed to the administration’s commitment to infrastructure, citing the approval of 4,000 telecom sites for rural areas. This project, he said, aims to connect about 23 million Nigerians who currently lack internet access.

The minister projected that 170 million tech jobs would be available by 2030, expressing confidence that the current strategy will prepare Nigerian youths to fill these vacancies and sustain a vibrant digital economy.

Highlighting support from partners like Google, Microsoft, MTN, IHS and the African Development Bank among others, he emphasised that the programme is open to everyone. He also noted that the Nigerian Communications Commission provided gadgets worth 1.5 billion naira, helping beneficiaries secure 15,000 direct jobs.

He therefore called for more private sector participation and outlined the programme’s grassroots structure while also adding that community managers are now active in all states, supported by over 600 facility agents across the 774 local government councils.

The post Impact of 3MTT proves Nigeria can build $1tn economy — Tinubu appeared first on Vanguard News.

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National Association of Seadogs (NAS), otherwise known as Pyrates Confraternity, Ash Montana Deck, yesterday partnered with the Nigeria Correctional Centre, Ibara, Abeokuta, to secure the release of five inmates with lesser offences and upgrade facilities at the centre.

NAS stated this when its members visited the Ibara Correctional Centre in Abeokuta, the Ogun State capital, to assist inmates convicted for minor offences to pay fines and regain freedom as part of programmes marking the World Human Rights Day.

NAS members, who were conducted around the centre in the company of the Deputy Comptroller, Richard Sanni, and the Public Relations Officer (PRO), Mr Lolade Odukoya, to observe the conditions of the facilities, assured the management that NAS would provide necessary assistance to upgrade the facilities and give them a new facelift.

Speaking, the Immediate Past Area Mate 2, Yemi Akintunde, said that the Ash Montana Deck and Atlantis Deck decided to secure the release of the five inmates and pay their fines, which range from N50,000 to N300,000, because the association wants freedom for the inmates and to decongest the prison.

Akintunde said that only five of the inmates whose fines could be paid were identified and procedures to take them to court to secure their release have begun, expressing regret that the association would have secured the release of more inmates but their fines were associated with restitutions.

He also divulged that the association plans to enhance the facilities at the correctional centre by providing additional computer systems to the National Open University of Nigeria computer class and working tools to the vocational skills centres, which currently offer various skills training programmes, including tailoring, carpentry, shoe making, among others.

He said, “Five were identified and slated and procedures have started to take them to court for their freedom. Another was identified to be provided with legal assistance for appeal. The fines paid for the five inmates were between N50,000 to N300,000 and we would have done more but their fines involved restitutions.”

“We are Seadogs and we believe in human rights, we are here to render some assistance because we saw some of the facilities, but definitely we are going to extend our church-mind to upgrade the facilities. We are working with our legal adviser to see how many inmates we can help out. We don’t want this place congested. You still have a lot to do with your family and we are here to settle your fines.”

Also, Ash Montana Deck’s Legal Adviser, Barrister Abeeb Whyte, said that the association visited the centre to get the list of the fines it could pay for the release of some of the inmates to reduce overcrowding at the centre.
“We have come here to get the list of the fines we can pay immediately and we also promised that all other projects would be looked into,” he noted.

Earlier, the Deputy Comptroller, Sanni, thanked NAS for partnering with the correctional centre to pay the fines of those with lesser offences, urging the beneficiaries to make profitable use of their freedom with what they have learnt when they get out of the centre.

Sanni said that the management of the centre have demanded a generator, solar power, and upgrade of computer systems and some of the equipment in their vocational skills shops, expressing hope that the association would keep to their promises.
He said, “They (NAS) want to partner with us. Those of you that have fines, those fines will be settled. The only thing that is left for them is just the freedom and by the time God uses you to perform, you will perform better when you are free.”

“Some have N50,000 to N60,000 and N100,000 as fines and I don’t see anyone of you as criminal but only as human beings. And I am saying that whatever brings any of you here, you should retrace your steps and run away from them. Please help them, they have families too,” he opined.

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Minister of Defence, General Christopher Gwabin Musa (Rtd), on Thursday reaffirmed the critical importance of air power in ongoing security operations in the country, declaring that it remained “central to the successes recorded across multiple theatres.”

The Minister stated this in Abuja while speaking at the investiture ceremony for newly promoted senior officers comprising Air Commodores and Air Vice Marshals at the Nigerian Air Force (NAF) Headquarters.

He pointed out that the elevation of senior officers reflected not only personal achievement but also the nation’s confidence in their ability to provide strategic leadership at a defining moment for national security.

The Minister noted that the new ranks come with expanded responsibilities essential to safeguarding the nation and advancing the Renewed Hope Agenda of the administration.

He explained that promotion to the rank of Air Vice Marshal demands a broader outlook, heightened discipline, and deeper commitment to excellence.

He described the newly promoted officers as custodians of the traditions and values that define the Nigerian Air Force, noting that their leadership philosophy and decisions will shape the effectiveness of air operations and influence the next generation of military leaders.

According to him, “the expectations placed on you are high because your elevated position requires clear vision, steady judgement, and an enduring sense of purpose.”

The Minister urged the newly promoted senior officers to embrace their roles with dedication and humility.

General Musa further underscored the decisive role of air power in shaping operational outcomes, praising NAF for its contributions in precision engagements, tactical mobility, and Intelligence, Surveillance and Reconnaissance (ISR) missions that have significantly strengthened joint operations.

He emphasised that Nigeria’s security challenges required deepened inter-service cooperation, as no service can succeed in isolation.

According to him, “Air operations achieve their full potential only when seamlessly integrated with the Nigerian Army, the Nigerian Navy, and all national security agencies.”

He called on the newly promoted Air Vice Marshals to strengthen collaboration and intelligence-sharing at all levels.

The Minister assured that the Defence Ministry under his watch would intensify efforts to provide the needed support to the Armed Forces of Nigeria and other security agencies to tackle the growing security challenges in the country.

Gen Musa, who commended the CAS for his exemplary leadership, which continues to advance the professional excellence and operational focus of the Service, also expressed gratitude to President Bola Ahmed Tinubu for his unwavering support of the Armed Forces.

Speaking while welcoming guests, the Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, congratulated the officers and reiterated that military rank is earned through diligence, competence, and character.

The Air Chief emphasised that the ceremony came at a time when Nigeria was facing complex and evolving security challenges, including terrorism, insurgency, banditry, kidnapping, and emerging threats within the information and cyber domains.

According to him, “the new ranks conferred on you today testify to your readiness for higher leadership. Rank is not only worn on the shoulders; it is carried in the mind and in the character,” noting that the officers must demonstrate exemplary leadership in translating strategic directives into actionable results.

He reaffirmed that the Renewed Hope Agenda recognised security as the foundation of national development and that the Ministry of Defence remained committed to enhancing the capabilities of the Armed Forces through strategic policy direction, sustained capacity building, and strengthened institutional oversight.

Both the Minister and the CAS paid tribute to fallen heroes and personnel who continue to bear the scars of service, acknowledging their sacrifices as a solemn reminder of the weight of responsibility carried by senior leaders.

ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE

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The 8 Division and Sector 2 Joint Task Force (JTF) North West Operation FANSAN YAMMA (OPFY) has strengthened its operational capacity with the graduation of 60 soldiers from its Fourth Quarter Basic Battle Course.

The intensive nine-week training program was designed to instill a “warrior ethos” and enhance the combat effectiveness of the soldiers.

Major General Ibikunle Ademola Ajose, General Officer Commanding (GOC) 8 Division and Commander Sector 2 JTF (NW) OPFY, expressed pride in the progress of the Division Training School and the graduates. He urged them to apply their new skills in the field and serve as mentors to their colleagues, emphasizing discipline and knowledge sharing.

Lieutenant Colonel David Ezebuche, Acting Division Training Officer, explained that the program aimed to develop a mindset that fosters courage, resilience, and combat readiness.

The graduation ceremony included demonstrations of the soldiers’ capabilities and the recognition of outstanding students. Awards were presented to the top three graduates: Lance Corporal Abubakar Rabiu, Sapper Popoola Ayomide, and Private Edore Ogbenefejiro.

The event concluded with certificate presentations and group photographs, attended by formation commanders, staff officers, and invited guests.

The training reinforces the Nigerian Army’s commitment to building a disciplined, battle-ready force capable of addressing security challenges across the nation.

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Enugu State has earmarked N10 billion in its 2026 budget as the state’s equity contribution to the first phase of a 135.4km standard gauge rail project, the Commissioner for Budget and Planning, Barr. Chris-Roberts Ozongwu, announced on Thursday at the NUJ Press Centre, Enugu.

The rail initiative is part of Governor Peter Mbah’s vision to establish a multimodal transport system incorporating rail, tram, and inland water services to complement road networks. The project is planned to extend to neighbouring states, enhancing connectivity across the South East region.

The government also plans to expand Enugu Air’s fleet by 14 additional aircraft, bringing it to 20 planes by the end of 2025, and will invest N10 billion each in the Akanu Ibiam International Airport concession and a vehicle assembly program to produce 2,100 taxis for youth empowerment and the Distress Response Squad.

Ozongwu highlighted that the 2026 budget, totaling N1.62 trillion, emphasizes capital expenditure (80%) to drive economic growth and social development. He urged investors to take advantage of Enugu’s pro-business environment, noting that the administration manages the state with a private-sector mentality.

“Human life is about improvements. We have the perso.nnel, the acumen, and the resources to ensure Enugu continues its trajectory of growth,” Ozongwu said, inviting investors to be part of the state’s development story.

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The people of Umuonyima Autonomous Community in Owerri Municipal Council on Thursday protested with a coffin over forceful encroachment on their ancestral land at the Otamiri riverine area by an Imo State Government contractor.

The community said the recent encroachment is a total affront on their right to property ownership, especially the one bequeathed to them by their forefathers.

Speaking during the protest, the Secretary General, Elders in Council, Charles Ucheoma, explained that what prompted the protest was the thwarting of earlier agreement between the community and Chinedu Chukwunonye Company, where it was agreed that out of 170 metres of land, that the company should take 35 metres starting from the river base leaving the rest for the natives.

He said that the agreement which was initiated by the state government to maintain peace was totally flouted by the company as it went ahead to claim the entire land.

Ucheoma asserted that despite the community’s repeated peaceful engagements with the company, it still went ahead, subjecting the entire community to emotional trauma, fear and uncertainty, and destroying crops planted by the villagers.

“We have authentic documents given to us by the Ministry of Lands backing our ownership which was released to us by the state government in 2021.

“Despite that, we have written several petitions to relevant bodies informing them on the activities of the company and today we decided to go traditional by staging a protest with coffin to register our readiness and determination to stop any further encroachment,” he said.

The community secretary general advised the company to maintain the initial 35 metres already given to it and allow the villagers to make use of the rest, for the sustenance of their families.

He made it clear that the native owners of the land will employ both legal and traditional means to make sure their ancestral heritage is preserved and protected.

Elder Ucheoma narrated that the land owners remit reasonable amount of money to the state treasury and wondered why government will allow such action to be visited on community.

Speaking on behalf of the youths, Ikechukwu Nze said that the company exceeding what was given to it in the agreement amounts to land grabbing. He vowed that the youths are ready to resist the company’s action.

Mrs Fidelia Uzoma, speaking on behalf of the women, lamented that the crops they cultivated in the planting season have been destroyed by the company.

She added that the land in question is their only means of survival and whatever happened to it will affect the entire community.

“We depend on this land for our livelihood. The food we eat comes from this land and this is what remained for us after many encroachments by government and developers,” she said.

Mrs Uzoma urged Governor Hope Uzodinma to intervene and call the company to order.

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Outspoken Plateau clergyman, Rev. Ezekiel Dachomo, has pleaded with the President of America, Donald Trump, not to delay in intervening in the security crisis in some parts of Nigeria.

Speaking via Facebook on Thursday, the cleric alleged moves to silence him, citing the disabling of his page.

The cleric warned Trump to come quickly, or he would stop hearing his voice.

He said, “My message to President Donald Trump is, please don’t relent, come quickly before they finish us.

“If you delay, you will not hear my voice anymore, because these people have finished with my Facebook account, they blocked it.

“Come quickly, you are not going to save us alone as Christians, my fellow Muslim brothers are in pain, save Nigeria.”

Meanwhile, in a renewed call for community vigilance, Dachomo has urged Christian youths in crisis-prone areas to take steps to defend themselves against possible attacks.

Naija News reports that Dachomo’s message comes as residents continue to recall the December 2023 massacre, where over 200 people were killed in coordinated assaults across 17 rural communities in Bokkos and Barkin Ladi LGAs between December 23 and 25 by armed men suspected to be Fulani militias.

Dachomo, in a new video, declared that self-defence had become necessary due to what he described as the failure of the government and security agencies to protect vulnerable communities.

“All youths, this is a command, not advice. I’m commanding you to wake up and defend the weak old people, women who are pregnant, defend the widows, and stand with their blood to defend the land,” the Cleric reportedly said.

The outspoken cleric stressed that his call followed repeated unheeded warnings, including a recent alert issued two weeks earlier, in which he claimed to have credible information about planned attacks on Christian communities during the Christmas season.

Dachomo reiterated his position that the violence in Plateau State amounted to what he has consistently referred to as an “ongoing Christian genocide” and a campaign of land occupation. He said many innocent people, including members of his own congregation, had been killed in the unrest.

According to him, youths in rural areas, especially in Bokkos, Barkin Ladi, Riyom, Bassa, and Mangu LGAs, must be ready to defend their communities in the absence of adequate state protection.

The cleric further urged residents to combine prayers with practical measures by organising vigilante structures and ensuring round-the-clock community security.

“Yes, praying against attacks is good, but beyond that, there should be practical involvement in self-defense, even joining a local civilian-watch organization,” he added.

© 2025 Naija News, a division of Polance Media Inc. Contact us via [email protected]

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Ambassadorial nominee Reno Omokri has thanked Senate members after his appearance before the red chamber’s Committee on Foreign Affairs on Thursday.

Omokri, in a post on his verified X handle shortly after the session, expressed gratitude to Senate Leader Opeyemi Bamidele; the committee’s chairman, Senator Sani Bello; and several members who participated in his screening.

The former presidential aide equally acknowledged senators Adams Oshiomhole and Ali Ndume, who earlier clashed during deliberations on his nomination.

“From the bottom of my heart, I sincerely thank the Distinguished Senate Leader, Senator Opeyemi Bamidele, the Chairman of the Senate Committee on Foreign Affairs, Distinguished Senator Sani Bello, and members of the committee, especially Distinguished Senators Adams Oshiomhole and Ali Ndume.

“The Senate of the Federal Republic of Nigeria is indeed a place of honour,” he wrote.

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