By the AFREEQUE newsroom, based on Punch
Lagos Governor Babajide Sanwo-Olu has pledged to support the Chartered Institute of Stockbrokers in establishing a 5 billion naira endowment fund. The initiative aims to strengthen the resources of Nigeria’s financial market professional body, Punch reports.
The Nigerian Senate has pledged to pass a law allowing states to establish their own police forces before the end of the year. The deadline follows approval of the proposal by 24 states, Punch reports.
🇳🇬 Nigeria · Source: Punch ·
Nigeria’s commercial paper market raised 1.51 trillion naira through 131 issues by 60 companies between January and September 2026. Agriculture accounted for 512.7 billion naira, the largest share of financing, according to Nigerian Exchange Limited’s quarterly report.
🇳🇬 Nigeria · Source: Leadership ·
Increased revenues from Nigeria’s Federation Account are enabling states to fund more roads, hospitals, schools and public services, Nasarawa Governor Abdullahi Sule said. At the 32nd Nigerian Economic Summit, officials and development partners called for greater transparency and for the results of this spending to be measured, BusinessDay reports.
🇳🇬 Nigeria · Source: Businessday ·
The Nigerian naira depreciated to 1,367.61 naira per dollar on 26 October, from 1,361.84 at the previous close, according to Central Bank of Nigeria data. The further fall came as trading resumed on foreign exchange markets, Daily Post reports.
🇳🇬 Nigeria · Source: Daily Post ·
Nigerian army arrests fake soldier suspected of theft in PlateauNigerian Operation Enduring Peace soldiers arrested Salim Idris, suspected of impersonating a military officer and stealing phones in Filin Sukuwa, in Jos North, Plateau State. The arrest took place on 25 October at about 11.30am and the suspect remains in custody as the investigation continues, according to Captain Chinonso Oteh, quoted by Punch.
Dakar 2026: Ndiaye calls for jobs for trained young peopleMamadou Diagna Ndiaye, president of the organising committee for the Dakar 2026 Youth Olympic Games, is calling for jobs to be created for young people trained during preparations. He wants to better link training, entrepreneurship and funding so these skills can be retained in Senegal, according to the APS.The week in Africa
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