TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
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SECURITY AND EXCHANGE COMMISSION MOVES FROM T+2 TO T+1 SETTLEMENT CYCLE: NOW GLOBALLY ALIGNED CAPITAL MARKET. (PHOTO).

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 SECURITY  AND EXCHANGE COMMISSION MOVES FROM T+2 TO T+1 SETTLEMENT CYCLE: NOW GLOBALLY ALIGNED CAPITAL MARKET


The Nigerian capital market has recorded a milestone with the transition from a T+2 to a T+1 settlement cycle.


At the Closing gong, the CEO of CSCS Shehu Yahaya Shantali said the achievement was far more than a reduction in settlement timelines but  a reflection of the commitment to building a more efficient, resilient, competitive, and globally aligned capital market.

For the Director-General of the Securities and Exchange Commission, Dr Emomotimi Agama, the transition will help Nigeria to achieve the one trillion dollar economy.


investors can now  buy or sell shares on the exchange by completing  the transfer of cash and securities within one business day.

Which allows for faster access to funds and improved capital circulation across the market.

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