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Labour Party Elects Nenadi Usman as National Chair Ahead of 2027 Elections

KEY POINTS Nenadi Usman has been elected as National Chairman of the Labour Party at its convention in Umuahia. Court rulings and INEC recognition resolved leadership disputes, clearing the way for her emergence. She is expected to reposition the party and strengthen its chances...
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Reps Approve Tinubu’s $516 Million Loan for Sokoto–Badagry Super Highway

KEY POINTS The House of Representatives approved President Tinubu’s $516.3 million loan request from Deutsche Bank. Funds will support key sections of the Sokoto–Badagry Super Highway project. The 1,000km road will connect seven states, boosting trade and national connectivity. Nigeria’s House of Representatives has approved...

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BlackRock Assets Reach $14 Trillion After GIP Deal

BlackRock said assets under management reached $14 trillion after record inflows, underscoring strong demand for its ETFs, cash products and infrastructure investments.
Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
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Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
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Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
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Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...
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Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
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Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.
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Dangote Cement Rewards Top Distributors With ₦15 Billion Gifts

Dangote Cement celebrated its top distributors with ₦15bn in rewards at the 2026 Awards Night, recognising loyalty and highlighting the company’s Vision 2030 growth strategy.
Business

Paystack Enters Banking With Microfinance Acquisition

Nigerian fintech Paystack has entered banking after acquiring Ladder Microfinance Bank, aiming to close Nigeria’s SME financing gap and expand beyond payments into lending and deposits.
Business

Yari Takes Control of Geregu Power as FG Settle Sector’s Debts

Abdul-Aziz Yari has emerged as chairman and controlling shareholder of Geregu Power Plc, positioning the company for growth as the Federal Government begins settling long-standing power sector debts.
Business

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...
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Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.
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Labour Party Elects Nenadi Usman as National Chair Ahead of 2027 Elections

KEY POINTS Nenadi Usman has been elected as National Chairman of the Labour Party...
News

Reps Approve Tinubu’s $516 Million Loan for Sokoto–Badagry Super Highway

KEY POINTS The House of Representatives approved President Tinubu’s $516.3 million loan request from...
News

Tinubu Leads 2027 Race as Faleke Picks Up APC Presidential Nomination Form

KEY POINTS President Bola Tinubu is the first to obtain the APC presidential nomination...
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APC Aspirant Ajose Accuses Hamzat of Avoiding Primaries, Rejects Consensus Push

KEY POINTS Ajose rejects the APC’s consensus plan, insisting all aspirants must agree before...