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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
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Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the driver’s five-year-old son in an ambush along the Gundumi-Isa road in Sokoto State. Three other people were reportedly injured, while another passenger remained missing after the attack on Wednesday. The...

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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.
Business

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.
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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.
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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...
Business

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.
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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.
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Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.
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Nigeria’s Public Debt Rises to N153.29 Trillion by September 2025

KEY POINTS Nigeria’s public debt reached N153.29 trillion in Q3 2025, rising by N900...
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Nigeria Customs Opens 60-Bed Hospital With ASR Africa Grant

Nigeria Customs commissions a 60-bed hospital in Bauchi funded by ASR Africa to expand healthcare access for officers and nearby communities.
Business

Sterling Financial Completes Share Allotment

Sterling Financial share allotment proceeds after oversubscribed N7.00 public offer draws N117.88 billion in investor demand.
Business

Tinubu Order May Add N14.6 Trillion to Federation Account

Executive order may add N14.57 trillion to the Federation Account as oil and gas revenues are redirected from PIA deductions.
Business

Tinubu Signs Executive Order to Boost Oil Revenue Remittances

Tinubu signs Executive Order to eliminate PIA deductions and increase oil revenue remittances to the Federation Account.
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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
News

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...
News

Atiku presses INEC to publish 103m voters’ register as 2027 nears

Atiku says INEC’s online display of its 103 million voter register was blank from Oct. 9 to 15, and wants the list published now.
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One Dead, Three Rescued in Lagos Building Collapse

KEY POINTS One person has died and three others have been injured after a...