GTCO, Zenith, Access, UBA, Ecobank Lead Nigeria's Stock Market Rally in One Week Kayode Tokede As domestic stock market extended its positive momentum, closing higher for the seventh consecutive week, six listed Tier-1 banks added N1.52
trillion by market value in one week to contribute 14.09 per cent or N11.243 trillion to the overall N79.8 trillion market capitalisation of the Nigerian Exchange Limited (NGX) as of July 11, 2025.
Some of the six banks include: Ecobank Transnational Incorporated (ETI), Guaranty Trust Holding Plc (GTCO), United Bank for Africa Plc (UBA), Zenith Bank Plc, and Access Holdings Plc.
The stock market last week recorded a historic performance as the market capitalisation exceeded the N79trillion mark to close July 11, 2025, at N79.8 trillion. In one week, the stock market
gained N3.46 trillion from N76.339 trillion it opened for trading to hit N79.8 trillion. Capital market analysts have attributed the stock market's significant growth in one week to a combination
of factors that include: Low yield in government securities, strategic positioning ahead of the upcoming H1 2025 earnings season, strong price Continued on page 5
At NDDC's 25th Anniversary, Tinubu, Jonathan Task Commission on N'Delta Region’s Development…Page 5 Sunday, July 13, 2025 Vol 30. No 11053
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Amidst Heavy Security, Low Turnout Mars Lagos LG Elections, Sanwo-Olu Hails Peaceful Exercise…Page 6
FG Secures 44 Fresh Convictions on Terrorism-financing Hunger, poverty key drivers of insecurity, CDS, Musa insists CAS: 5,650 terrorists killed by NAF in North-east, North-west in two years Linus Aleke in Abuja Nigeria has secured convictions for 44 out of 54 individuals, who were recently arraigned in Phase 7 of the Kainji Detention Facility Terrorism Trial, according to the National Counter Terrorism Centre – Office
of the National Security Adviser (NCTC-ONSA). This is just as the Chief of Defence Staff (CDS), General Christopher Musa, has insisted that hunger and poverty were the major drivers of insecurity in Nigeria, stressing that vulnerable populations were more
easily recruited into insurgent groups. He also stated that non-kinetic warfare produces more sustainable outcomes in the fight against insecurity. The Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, however, disclosed that no fewer
than 5,650 terrorists were killed by the airstrikes of the Air Component of Operations Hadin Kai and Fansan Yamma in the North-east and Northwest operational theatres in two years. According to a statement issued yesterday in Abuja by the Head of Strategic Communication, National
Counter Terrorism Centre – Office of the National Security Adviser (NCTC-ONSA), Mr. Michael Abu, the Nigerian government has secured convictions for 44 out of 54 individuals recently arraigned in Phase 7 of the Kainji Detention Facility Terrorism Trial.
Abu said the remaining 10 cases were adjourned during proceedings held across four courts, presided over by four Federal High Court justices. He said the country had with the recent 44 convictions, secured a total of Continued on page 5
Gbajabiamila Welcomes Coalition to Prevent One-party State, Doubts Its Effectiveness ADC explains Atiku, Obi, others’ dual membership of PDP, LP
See story on page 5
25 HEARTY CHEERS FOR NDDC... L-R: Senator Ned Nwoko; Senate Deputy Whip, Senator Onyekachi Nweboyin; Secretary to the Government of the Federation, Senator George Akume; President of the Senate, Senator Godswill Akpabio; Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (rtd.); and Chairman, Senate Committee on NDDC, Senator Asuquo Ekpenyong, at the 25th anniversary of the NDDC in Port Harcourt…yesterday