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Ahmed Galadima Emerges Winner of Adamawa APC Governorship Primary

KEY POINTS Ahmed Galadima won the Adamawa APC governorship primary with 414,444 votes. Abdulrazak Namdas came second, while Abdulrahman Haske placed third. Salihu Mustapha withdrew from the race and endorsed Galadima before the primary election. Former Executive Secretary of the Petroleum Technology Development Fund (PTDF),...
Politics

Kwara Assembly Speaker Yakubu Danladi Wins APC Governorship Primary

KEY POINTS Yakubu Danladi Salihu won the Kwara APC governorship primary with 94,990 votes. Abdulfatai Yahaya Seriki came second with 41,700 votes, while Bashir Bolarinwa scored 22,118 votes. Danladi recorded strong support across Kwara North, South, and Central districts. Speaker of the Kwara State House...

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Business

Dangote unveils multi-billion-dollar Olokola deep seaport on 10,000 hectares

Aliko Dangote's group has begun preliminary work on a 10,000-hectare deep seaport at Olokola, targeting exports, fertilizer shipments and Atlantic trade.
Business

AfDB approves $200m BoI facility to boost Nigeria’s industrial sector

AfDB approved a $200 million facility for Nigeria's Bank of Industry to boost SMEs, manufacturing and green industrialization, with women-led and youth businesses prioritized.
Business

Dangote lifts Ethiopia investment to $4billion, pledges African food security

Aliko Dangote raised his Ethiopia investment from $2.5 billion to over $4 billion, pledging that fertilizer plants will deliver food security across Africa.
Business

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...
Business

Dangote details mafia fight against $20bn Lekki refinery

Aliko Dangote said a fuel-import 'mafia' tried to block his $20bn Lekki refinery as land, currency and infrastructure costs piled up.
Business

Forex shock will swallow tariff cut on car prices, stakeholders warn

Nigerian car prices will not drop despite FG's tariff cut from 70 to 40 percent because forex, logistics and port costs dominate vehicle landing prices.
Business

LPG price set to hit N1,500/kg as depot stocks dry up

Nigerian cooking gas could rise to N1,500 per kilogram from N1,300 as depot stocks thin and only Dangote Refinery, Ardova and Navgas have supplies.
Business

Nigerian brewers post 117 percent profit jump in 2025

Nigeria's top four brewers grew combined profit 117 percent to N317.2 billion in 2025 on N2.8 trillion in revenue, driven by aggressive product re-pricing.
Business

Otedola scores N49.6bn paper gain as FirstHoldCo Q1 profit jumps 72 percent

Femi Otedola added N49.6 billion to his paper wealth as FirstHoldCo's stock jumped 10 percent on a 72 percent leap in Q1 profit.
Business

How Otedola’s bad-loan cleanup powered FirstHoldCo to $233m Q1 profit

FirstHoldCo's Q1 2026 profit jumped 72 percent to N321 billion, vindicating Femi Otedola's N830 billion bad-loan cleanup and lifting the bank above GTCO and Access.
Business

Sunbeth’s Owoyemi unveils cocoa, cashew plants for 2027

Olasunkanmi Owoyemi's Sunbeth Global Concepts will commission a 70,000-tonne cocoa plant and 80,000-tonne cashew facility in March 2027, deepening Nigeria's agro-processing capacity.
Business

Shell Q1 profit jumps 19 percent on Middle East war prices

Wael Sawan's Shell posted a 19 percent jump in first-quarter net profit to $5.69 billion as the Middle East war pushed global oil prices higher.
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Politics

Ahmed Galadima Emerges Winner of Adamawa APC Governorship Primary

KEY POINTS Ahmed Galadima won the Adamawa APC governorship primary with 414,444 votes. Abdulrazak...
Politics

Kwara Assembly Speaker Yakubu Danladi Wins APC Governorship Primary

KEY POINTS Yakubu Danladi Salihu won the Kwara APC governorship primary with 94,990 votes. ...
News

Gani Adams vows to end Yorubaland kidnappings

Aare Ona Kakanfo Gani Adams says he can sharply cut insecurity in Yorubaland within six months if South West governors grant him permission to act.
News

NEMA repatriates 497 Nigerian returnees from Niger

NEMA has repatriated 497 Nigerian returnees stranded in Niger Republic, most of whom had set out for Libya before turning back from the perilous desert route.