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Peter Obi Declares 2027 Presidential Ambition

KEY POINTS Peter Obi confirms he will contest the 2027 presidential election as a principal candidate. He criticises President Tinubu for spending 23 days abroad in January amid worsening national challenges. Obi highlights insecurity, failing education, and power sector problems as urgent priorities. Former Labour...

FMC Abuja Denies Negligence in Death of Singer Ifunanya Nwagene After Snake Bite

KEY POINTS FMC Abuja says it made every effort to save singer Ifunanya Nwagene and denies negligence. Nwagene, a soprano with the Amemuso Choir, died after complications from a snake bite. The Abuja music community is mourning the loss of a promising young talent. The...

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May & Baker Returns to Profit as TY Danjuma Family Maintains Control

KEY POINTS May & Baker Nigeria Plc returned to profit in Q4 2025, recording...

BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

Nigerian Business Leader Adekunle Ojora Dies at 93

Nigerian business leader Adekunle Ojora has died at 93, closing a decades-long career that shaped corporate Nigeria and post-independence enterprise.

Tinubu Reforms Deepen Stability, Federal Unity, Bagudu Says

Nigeria’s budget minister says Tinubu’s economic reforms are improving political coordination, stabilising markets and guiding development partnerships despite short-term hardships.

Ex-Nigerian Oil Minister Faces Fresh Bribery Scrutiny in London

Former Nigerian oil minister Diezani Alison-Madueke faces renewed scrutiny in a London bribery trial over alleged luxury spending funded by oil industry figures.

Dangote Names MTN Chief Mupita to Fertiliser Board

Dangote Industries has appointed MTN Group CEO Ralph Mupita to the Dangote Fertiliser board, signalling expansion plans and renewed IPO expectations.

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.

Unilever Nigeria Posts 44 Percent Revenue Growth in Results

Unilever Nigeria reported a 44 percent rise in turnover and a doubling of profit after tax, supported by strong brand demand and operational efficiency.

Dangote Refinery Listing Could Double Nigeria Market Value

Bismarck Rewane says a Dangote Refinery listing could more than double Nigeria’s stock market value, marking a defining moment for the Nigerian Exchange.

BlackRock Assets Reach $14 Trillion After GIP Deal

BlackRock said assets under management reached $14 trillion after record inflows, underscoring strong demand for its ETFs, cash products and infrastructure investments.

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...

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Peter Obi Declares 2027 Presidential Ambition

KEY POINTS Peter Obi confirms he will contest the 2027 presidential election as a...

FMC Abuja Denies Negligence in Death of Singer Ifunanya Nwagene After Snake Bite

KEY POINTS FMC Abuja says it made every effort to save singer Ifunanya Nwagene...

Kano Senator Orders Defected NNPP Chairmen to Return Party Vehicles

KEY POINTS Senator Rufai Hanga has ordered defected NNPP local government chairmen in Kano...

World Bank Says Nigeria Portfolio Tops $16bn as Global Operations Chief Begins Country Visit

KEY POINTS World Bank says its active development projects and lending in Nigeria now...