
The Capital Market Solicitors Association CMSA announced its 2026 Annual Business Summit, themed "Structural Resilience and Market Permanence," will focus on strengthening Nigeria’s capital market, deepening investor confidence, and promoting sustainable growth. Scheduled for July 1, 2026, in Lagos, the summit aims to explore how Nigeria can sustain capital market growth through institutional reforms, regulatory efficiency, technological innovation, and stronger investor protection mechanisms. Simisola Eyisanmi, Chairman of the CMSA, explained that discussions will cover institutional governance, capital adequacy, market trading procedures, regulatory reforms, technological integration, sustainable financing, and long-term strategies. She clarified the distinction between the capital market, a broad ecosystem, and the stock exchange, a platform for trading securities. Eyisanmi emphasized that both are regulated by the Securities and Exchange Commission SEC and urged Nigerians to ensure financial institutions are licensed. She also highlighted the well-defined dispute resolution process for investors, starting with the SEC and potentially escalating to the Investments and Securities Tribunal IST. The IST has been invited to participate in the summit to raise awareness of its role. For small and medium-sized enterprises, Eyisanmi pointed to opportunities like the Growth Board of Nigerian Exchange Limited and the NASD Over-the-Counter Securities Exchange. Mohammed Abubakar SAN,
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Punch Nigeria.
Must ReadBritish actor David Jonsson has been cast as the new Black Panther, six years after the death of Chadwick Boseman. The announcement was made at Marvel Studios’ Comic-Con Hall H panel, confirming that "Black Panther 3" will premiere on December 15, 2028. Jonsson, 32, will portray Prince T’Challa II, also known as Toussaint, the son of Boseman’s T’Challa and Nakia, played by Lupita Nyong’o. The character was introduced as a child in the closing scene of “Black Panther: Wakanda Forever” in 2022, and the new film will follow his coming of age. Jonsson has recently starred in “Alien: Romulus” and “The Long Walk,” and is also known for the BBC and HBO series “Industry” and the film “Rye Lane.” Chadwick Boseman, who originated the role, died in 2020 at age 43. Following his death, Marvel chose not to recast T’Challa, with Letitia Wright’s Shuri taking on the Black Panther mantle in “Wakanda Forever.” Wright is set to return as Shuri in “Black Panther 3,” alongside Winston Duke as M’Baku. Denzel Washington will also join the cast in an undisclosed role. Ryan Coogler will return to direct the film.

The 11th season of the Big Brother Naija reality television show premieres today, July 26, 2026, offering a grand prize of ₦160 million, the highest since the show's debut in 2006. The prize includes ₦100 million in cash and a new SUV. MultiChoice Nigeria announced the new season will air from 7 pm on Africa Magic Showcase and Africa Magic Family, with a 24-hour live broadcast available on DStv Channel 198 and GOtv Channel 49. Viewers can also stream the show live on DStv Stream and GOtv Stream. Ebuka Obi-Uchendu returns as host. Preparations for this season included physical auditions held from May 22 to 24 in Lagos, Abuja, and Enugu, open to Nigerians aged 21 and above. The previous season, BBNaija Season 10, concluded on October 5, 2025, with Opeyemi Ayanwale, known as Imisi, winning a ₦150 million prize package. Eligible DStv and GOtv subscribers can vote for housemates via the MyDStv and MyGOtv self-service apps, with additional voting benefits for upgraded packages. Atinuke Babatunde, Executive Head of Content and Channels, West Africa, MultiChoice, stated that Season 11 will build on the show's legacy with bigger stakes, fresh twists, and an exciting mix of housemates.

The National Drug Law Enforcement Agency NDLEA arrested Onuigbo Ndubisi Chinedu, a 55-year-old Lagos businessman, for attempting to export 3.30kg of cocaine to the United Kingdom. The cocaine was found concealed in the walls of cartons packaging foodstuffs. Chinedu, a clothing trader at Balogun Market, was apprehended on Thursday, July 23, 2026, following the interception of the shipment at Murtala Muhammed International Airport the previous day. Three cargo agents, Nkwor Onyekachukwu Justina, Adeleke Abiola Taoheed, and Ukanwa Grace Pilgrim, were initially arrested for handling the consignment, leading to the arrest of Kenneth Okakpu, who delivered the drugs. Okakpu's arrest identified Chinedu as the syndicate's leader. In other operations, NDLEA operatives arrested 31-year-old entrepreneur Emmanuella Chukwu-Edo with 2.80kg of Loud, a synthetic cannabis strain, and recovered 2.24 million pills of Tapentadol 250mg, valued at over N2.2 billion, from a shipment from India. At Apapa Seaport, 4,777 sachets of Canadian Loud, weighing 2,388.5kg and valued at over N7.1 billion, were discovered hidden in three vehicles within a shipping container. In Katsina State, NDLEA arrested Mustapha Sani with 323 rounds of military-grade ammunition and Abubakar Amadu with 73 rounds of 7.62mm ammunition. In Edo State, a raid on a warehouse yielded 1,286kg of cannabis and 86kg of cannabis seeds, while Ojore Onweze and George Agwumede were arrested with 60kg and 13kg of skunk, respectively.