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PDP Crisis Deepens as Turaki Emerges Interim Chairman

KEY POINTS Kabiru Turaki has been appointed interim chairman of the Peoples Democratic Party to lead a new 13-member committee. The move follows a Supreme Court of Nigeria ruling that voided the party’s 2025 national convention over legal violations. Internal disputes and legal battles...

May 5, 2026

News

Ayeni Remanded in Kuje Over Alleged N8bn Money Laundering Case

KEY POINTS Tunde Ayeni has been remanded in Kuje prison after pleading not guilty to N8bn money laundering charges filed by the Economic and Financial Crimes Commission. The court adjourned his bail hearing to May 13 after his lawyers requested temporary release pending trial. ...

May 5, 2026

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Business

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.

April 30, 2026

Business

Dangote crosses $30 billion on Forbes list for first time

Forbes has valued Aliko Dangote at $30.3 billion for the first time as his now operational Lagos refinery closes the gap with Bloomberg's wealth tracker.

April 29, 2026

Business

3MTT Impact Challenge Announces Winners Driving Real Solutions Across Nigeria

Nigeria's 3MTT programme has announced winners of its inaugural National Impact Challenge, spotlighting digital fellows solving real-world problems across all 36 states.

April 28, 2026

Business

Rabiu tells Tutu Foundation fellows Africa’s greatness is built one day at a time

BUA Group founder Abdul Samad Rabiu urged young African leaders at the Tutu Legacy Foundation in Cape Town to build Africa's greatness intentionally.

April 28, 2026

Business

Nigerian investors gain N5.5 trillion as banks, industrial stocks rally

KEY POINTS Nigerian stock investors gained 5.5 trillion naira last week as the All-Share...

April 27, 2026

Business

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.

April 24, 2026

Business

Otedola’s FirstHoldCo surges 32 percent to lead Nigerian bank stocks

Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.

April 23, 2026

Business

BOI, RMRDC sign MoU to boost Nigeria agric value chain

Bank of Industry and RMRDC have signed a memorandum of understanding to add value to Nigerian raw materials and keep more wealth inside the economy.

April 21, 2026

Business

FirstBank sponsors GTR West Africa 2026 in Lagos this week

FirstBank has signed on as a sponsor of Global Trade Review West Africa 2026, a two-day Lagos conference pulling together 450 delegates from 15 countries.

April 21, 2026

Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.

April 20, 2026

Business

Cosmas Maduka deepens Asia Star electric bus partnership

Cosmas Maduka, founder and president of Coscharis Group, is deepening his partnership with Chinese bus manufacturer Asia Star following the delivery of 20 Coscharis electric buses to the Abia State government, the first batch of a broader rollout targeting public transport in southeastern Nigeria.

April 17, 2026

Business

Segun Ogunsanya launches CycleFlow to unlock MSME financing

Segun Ogunsanya, former group chief executive of Airtel Africa, has launched CycleFlow, an IFC-backed supply chain finance platform targeting $25 billion to $30 billion in annual financing for Nigeria's micro, small and medium enterprises.

April 17, 2026