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Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.
Politics

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship candidate in Zamfara State through a consensus process. Marafa pledged to tackle corruption, improve security, strengthen governance, and ensure prudent management of public funds. The NDC also unveiled candidates for...

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Business

UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.
Business

Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
Business

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...
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.
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News

Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.
Politics

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship...
News

Tinubu at Three Years: Nigeria on the Path to Recovery Despite Challenges

KEY POINTS President Bola Tinubu says Nigeria is undergoing difficult but necessary reforms that...
News

Teachers, Pupils’ Abduction Sparks Protest in Oyo

KEY POINTS Teachers and civil society groups staged a peaceful protest in Ibadan Protesters...