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Gridlock Hits Abuja Airport as FAAN Rolls Out Cashless System

FAAN cashless airport gates rollout at NAIA causes congestion as motorists without Go Cashless cards face entry delays.

Army Trains 60 Soldiers to Guard Niger Delta Oil Facilities

Army trains 60 recruits for Niger Delta oil facilities protection as authorities target oil theft and pipeline vandalism.

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Seplat Revenue Jumps 144 Percent to $2.73 Billion

Seplat Energy 2025 revenue surged 144% to $2.73 billion as offshore assets boosted production and dividends rose 52 percent.

BUA Cement Triples 2025 Profit to N356 Billion, Lifts Dividend

BUA Cement 2025 profit triples to N356 billion as revenue surpasses N1.179 trillion and board lifts dividend to N10 per share.

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4...

Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.

CAC Says Nigeria Competing Globally in Business Registration

CAC instant business registration system drives surge in incorporations as official calls for stricter crypto oversight.

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.

Court Orders Oriental to Pay Indimi Daughters $43.51 Million

Court orders Oriental Energy to pay $43.51 million to Indimi daughters in a dividend dispute over offshore oil earnings and share ownership.

MTN Nigeria Becomes Most Valuable Firm on NGX

MTN Nigeria market valuation hits $11.2 billion after a 19.45% share rally, overtaking BUA Foods and Dangote Cement on the NGX.

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...

Innoson Employs 8,000 Workers as Expansion Accelerates

Innoson expansion to add 2,000 jobs and launch a tractor plant as workforce reaches 8,000 across Nigeria.

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Latest articles

Gridlock Hits Abuja Airport as FAAN Rolls Out Cashless System

FAAN cashless airport gates rollout at NAIA causes congestion as motorists without Go Cashless cards face entry delays.

Army Trains 60 Soldiers to Guard Niger Delta Oil Facilities

Army trains 60 recruits for Niger Delta oil facilities protection as authorities target oil theft and pipeline vandalism.

Nigeria Secures Approval for Lenacapavir HIV Prevention Drug

Lenacapavir rollout in Nigeria begins after approval, with injectable HIV prevention drug expected in March 2026.

Tompolo Seeks to Retain N48 Billion Pipeline Protection Contract

Tompolo pipeline protection contract faces review as government weighs changes to Niger Delta oil security strategy.