•As Tony Alile emerges Edo party Chairman The National Leader of the African Democratic Congress (ADC) and former Governor of Edo State, Chief John Odigie-Oyegun, on Saturday declared that the party remained resolute in its mission to unseat the administration of President Bola Tinubu. Odigie-Oyegun added that the job had become easier for the ADC […]
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EPL: SuperComputer predicts title winners after Arsenal lose, Man City thrash Chelsea
The Opta SuperComputer has reduced Arsenal’s probability of winning the Premier League following the latest results from the weekend.
Mikel Arteta’s men suffered a shock 2-1 defeat to Bournemouth at the Emirates.
The result saw the Gunners’ chances of becoming champions drop to 87.26%.
A day after Arsenal’s loss, Manchester City boosted their hopes of winning the title, after they thrashed Chelsea 3-0 on Sunday.
Opta has now increased the probability of City toppling Arsenal to 12.74%.
Manchester United, Aston Villa and Liverpool have been given zero chance of winning the title.
There could be more drastic changes in the odds after City play Arsenal at the Etihad on Sunday.
EPL: SuperComputer predicts title winners after Arsenal lose, Man City thrash Chelsea
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Stock market maintains uptrend as investors gain N1.4trn in 4 days
By Peter Egwuatu
The Nigerian stock market extended its bullish momentum, Week-on-Week, WoW, at the close of trading last week , as sustained institutional demand for large-cap and fundamentally resilient stocks continued to drive the Nigerian Exchange Limited, NGX benchmark Index, All Share Index, ASI, and market capitalisation higher.
Specifically, investors garnered N1.359 trillion from their companies listed on the NGX as market capitalisation, which reflects the total value of stocks on the Exchange, surged to N131.165 trillion from N129.806 trillion in the previous week.
In the same vein, ASI appreciated by 1.03% to 203,770.43 points from N201,698.89 points.
The activities reflected a market still riding on strong liquidity inflows into bellwether stocks particularly across the banking, consumer goods, and industrial sectors.
Specifically, a total turnover of 3.361 billion shares worth N151.948 billion in 229,442 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 2.856 billion shares valued at N113.597 billion that exchanged hands the previous week in 215,287 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.303 billion shares valued at N90.467 billion traded in 98,175 deals: thus contributing 68.54% and 59.54% to the total equity turnover volume and value respectively. The Services Industry followed with 264.146 million shares worth N1.977 billion in 12,638 deals. Third place was the ICT Industry, with a turnover of 214.578 million shares worth N9.791 billion in 28,183 deals.
Meanwhile, from a broader macro perspective, developments in the global oil market continue to play a significant role in shaping investor sentiment. Concerns over the durability of the ceasefire and continued restrictions on supply flows through the Strait of Hormuz sustained the risk premium in energy markets.
For Nigeria, sustained strength in oil prices provides a supportive backdrop for fiscal stability, external reserves, and overall investor sentiment, particularly in oil-linked equities.
Commenting on the outlook, analysts at InvestData Consulting Limited, said: “Looking ahead, market direction will likely be influenced by a combination of domestic and global factors, including interest rate expectations, inflation trends, corporate earnings releases, and developments in the oil market. Investors are therefore advised to maintain a disciplined and selective approach, focusing on stocks with strong fundamentals, consistent earnings growth, and favorable technical setups.”
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Turkey: Galatasaray boss bemoans Osimhen absence after Kocaelispor draw
Galatasaray head coach, Okan Buruk has confessed his side have struggled in the absence of Victor Osimhen,DAILY POST reports.
Osimhen has not make an appearance for the Yellow and Reds since injuring his forearm in the UEFA Champions League clash with Liverpool last month.
The title holders have suffered a dip in form in the forward’s absence.
Galatasaray have won once, and lost twice in their last three games.
Buruk’s side played out a 1-1 draw against Kocaelispor on Sunday.
“The game with Osimhen is also valuable and important. It was tough without Osimhen,” Buruk said after the stalemate with Kocaelispor.
Turkey: Galatasaray boss bemoans Osimhen absence after Kocaelispor draw
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Importers await waivers as Single Window glitches trigger losses at seaports
Importers at the nation’s ports are eagerly awaiting waiver clauses from shipping companies and seaport terminal operators following hiccups and cargo clearance glitches that have trailed the National Single Window (NSW) since its launch on 27 March 2026. The development has led to thousands of cargoes being trapped at the ports, accumulating demurrage and storage […]
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Turkey: Osimhen’s absence negatively affecting our entire league – Mustafa Denizli
Turkish analyst, Mustafa Denizli has emphasized the significant impact of Victor Osimhen on both Galatasaray and the Turkish Super Lig.
The Nigerian international is presently in rehabilitation following surgery for an injury incurred during the first half of Galatasaray’s UEFA Champions League match against Liverpool at Anfield last month.
In his absence, Galatasaray has faced challenges in maintaining consistency, having failed to secure victories in two of their last three matches and earning only four points from a possible nine.
Although they remain at the top of the table, their lead has diminished, with Fenerbahce now trailing by just two points and Trabzonspor still within reach.
With five matches remaining, the pressure is intensifying on the reigning champions.
Denizli noted that Osimhen’s significance goes beyond his individual contributions, characterizing him as a player who elevates the performance of his teammates.
In statements reported by habersarikirmizi, he said, “Osimhen is a crucial player not only for Galatasaray but for the entire league. We cannot attribute this solely to his personal performance.
“Osimhen’s absence is a factor that negatively affects those playing around him, to his right, left, and behind him.”
Galatasaray’s medical staff are making every effort to ensure Osimhen regains his fitness in time for the potentially title-defining match against Istanbul rivals Fenerbahce on April 26, 2026.
Turkey: Osimhen’s absence negatively affecting our entire league – Mustafa Denizli
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Global shocks: Nigeria reject World Bank’s advocacy for increased fuel imports —CPPE
Nigerian government and policymaker have been urged to reject the World Bank’s advocacy for increased fuel and food imports. Rather, the Chief Executive Officer, Centre for the Promotion of Private Entreprice (CPPE), Dr. Muda Yusuf, urged the Federal government to prioritise reforms that build a resilient, self-reliant, and industrialised the economy. He said that emphasis […]
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NANS raises alarm over repeated civilian deaths in air operations
The National Association of Nigerian Students, NANS, Zone E stakeholders forum, has condemned a recent airstrike by the Nigerian Air Force that reportedly struck a busy market along the Borno-Yobe border, killing scores of civilians.
In a statement issued on Sunday, the student body described the incident as “tragic, avoidable, and unprofessional,” alleging that the airstrike mistakenly hit Jilli Market, a crowded weekly trading hub, instead of intended insurgent targets. The forum claimed that as many as 200 people were killed, with dozens others sustaining injuries.The operation was reportedly conducted under Operation Hadin Kai, a military campaign targeting insurgent groups in the North-East, including Boko Haram and Islamic State West Africa Province.
Signed by its secretary, Zakari Hashim,
NANS criticized what it described as a failure in intelligence gathering, target identification, and operational execution, noting that civilians continue to bear the brunt of errors in military action.It warned that repeated incidents of this nature raise serious concerns about the safety of residents in conflict-affected communities.
While consoling the families of the victims and those injured in the attack, many of whom are receiving treatment in hospitals in Geidam and Damaturu, it expressed solidarity with residents of affected areas, particularly in Gubio local government council and Geidam local government area.
Acknowledging the efforts of the armed forces in combating insurgency, NANS stressed that the protection of civilian lives must remain a top priority in all military operations.
The group called on the federal government, defence headquarters, and the Nigerian Air Force to launch an independent investigation into the incident, ensure compensation for victims, and implement stronger safeguards to prevent future occurrences.
NANS raises alarm over repeated civilian deaths in air operations
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CCII blasts Fayose over ‘baseless’ claim on Olubadan
The Central Council of Ibadan Indigenes (CCII) has come down hard on former Ekiti State Governor, Ayodele Fayose, over his recent comments alleging a plot to remove the Olubadan of Ibadanland. Fayose had claimed that Oyo State Governor, Seyi Makinde, was planning to depose the Olubadan, Oba Rashidi Ladoja, a statement that has triggered strong […]
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Pound to Naira exchange rate today, April 13, 2026
The British Pound Sterling opened the second week of April with a relatively stable performance against the Nigerian Naira on Monday, April 13, 2026, maintaining its position as one of the most valuable currencies in the Nigerian foreign exchange market.
In the Nigerian Foreign Exchange Market (NFEM), the official window for currency transactions, the Pound Sterling started the trading day at approximately N1,821.58. Real-time data from early morning sessions showed the currency fluctuating between a low of N1,818.98 and a peak of N1,825.72 before stabilizing around the N1,821 mark. This movement indicates a slight appreciation of the Naira in the official segment compared to the previous week’s closing averages, supported by consistent liquidity management from the Central Bank of Nigeria.
In the parallel market, commonly referred to as the black market, the Pound continues to trade at a significant premium due to the high demand for foreign exchange for school fees, medical bills, and international trade. Independent reports from Bureau De Change operators in Lagos and Abuja indicate that the Pound is currently trading within the range of N1,955 to N1,980. Traders noted that the availability of the British currency remains tight in the informal sector, keeping the rates elevated.
Market analysts suggest that the current exchange rate environment is being influenced by the latest inflation data and the anticipation of further policy adjustments by the monetary authorities. For business owners and travelers, the widening gap between the official and parallel market rates remains a critical factor in financial planning for the month.
As of 6:44 AM WAT, the market remains active with a cautious outlook, as participants watch for any significant afternoon shifts in volume that could impact the closing rates for the day.
The post Pound to Naira exchange rate today, April 13, 2026 appeared first on Vanguard News.
