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Eight Feared Dead After Terrorists Bomb Bridge in Niger State

KEY POINTS Eight people feared dead after a vehicle hit an IED planted by terrorists in Borgu, Niger State. The explosion also destroyed a key bridge linking Luma, Babana, and Agwara communities, disrupting trade routes. Police launched clearance operations as local leaders link attackers...
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Ganduje’s Ex-aide Salihu Yakasai Defects from APC to ADC

KEY POINTS Salihu Yakasai, former aide to Abdullahi Ganduje, has defected from APC to ADC after resigning from the ruling party. He described the move as a new political direction following consultations with family and associates. Yakasai previously criticised APC’s handling of insecurity and...

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Business

The Economist questions whether Dangote’s empire truly innovates

The Economist has questioned whether Dangote's industrial empire truly innovates, noting that most technical and managerial work across his flagship operations relies on foreign expertise.
Business

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...
Business

Dangote refinery supplies 92 percent of Nigeria’s petrol in February

Dangote Refinery covered 92 percent of Nigeria's petrol demand in February 2026, with imports accounting for just 8 percent of total daily supply for the first time on record.
Business

Nigeria textile exports crash 55 percent as imports hit N1.06trn

Nigeria's textile exports dropped 55.25 percent to N16.55 billion in 2025 as imports climbed 46 percent to N1.06 trillion, widening an already severe trade imbalance in the sector.
Business

Fuel vessels arrive Lagos as petrol prices top N1,200

Vessels carrying 129,000 metric tonnes of petrol and diesel are arriving at Lagos ports between March 14 and 17 as Nigerians contend with fuel prices above N1,200 per litre.
Business

MTN lifts dividend 45 percent after Nigeria, Ghana profit rebound

MTN Group declared a 45 percent dividend increase to R5 per share after headline earnings per share jumped more than tenfold, led by strong recoveries in Nigeria and Ghana.
Business

Dangote seals gas deal with China’s GCL for Ethiopia plant

Dangote Industries and China's GCL Group have formalised a $4.2 billion, 25-year gas supply deal to power what will become East Africa's largest fertilizer production complex.
Business

Taiwo Afolabi ties SIFAX to Nigerian Navy on maritime security

SIFAX Group chairman Taiwo Afolabi has formalised a security partnership with the Nigerian Navy, opening the conglomerate's infrastructure to naval intelligence operations along Lagos shipping lanes.
Business

BUA Cement drives N649 billion surge on Nigerian Exchange

BUA Cement spearheaded a N649 billion surge on the Nigerian Exchange, reversing a two-day losing streak as investors returned conviction buying to blue-chip names after full-year 2025 results.
Business

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...
Business

Signature Bank hits ₦52 billion, clears CBN recapitalisation bar

Signature Bank has crossed the CBN's recapitalisation threshold, raising its capital base to ₦52 billion through a rights issue and joining banks that have met the new minimum.
Business

Tinubu Names Fola Adeola to Lead Petroleum Reform Taskforce

President Tinubu has named Fola Adeola chairman of a new petroleum reform taskforce, giving the panel six months to produce three reform blueprints for Nigeria's energy sector.
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Latest articles

News

Eight Feared Dead After Terrorists Bomb Bridge in Niger State

KEY POINTS Eight people feared dead after a vehicle hit an IED planted by...
News

Ganduje’s Ex-aide Salihu Yakasai Defects from APC to ADC

KEY POINTS Salihu Yakasai, former aide to Abdullahi Ganduje, has defected from APC to...
News

IED Explosion Kills Several Passengers Near Woro Community in Kwara

KEY POINTS Several people were killed after a vehicle drove over an IED in...
News

Dangote warns Middle East war could push Africa into work-from-home crisis

Aliko Dangote says an unresolved Middle East crisis could force African countries back into COVID-era work-from-home arrangements.

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