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Peter Obi Declares 2027 Presidential Ambition

KEY POINTS Peter Obi confirms he will contest the 2027 presidential election as a principal candidate. He criticises President Tinubu for spending 23 days abroad in January amid worsening national challenges. Obi highlights insecurity, failing education, and power sector problems as urgent priorities. Former Labour...

February 3, 2026

News

FMC Abuja Denies Negligence in Death of Singer Ifunanya Nwagene After Snake Bite

KEY POINTS FMC Abuja says it made every effort to save singer Ifunanya Nwagene and denies negligence. Nwagene, a soprano with the Amemuso Choir, died after complications from a snake bite. The Abuja music community is mourning the loss of a promising young talent. The...

February 3, 2026

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Business

Abdul Samad Rabiu Nears $10 Billion Mark as BUA Stocks Surge

Abdul Samad Rabiu’s fortune climbs to $9.2 billion, powered by soaring BUA Foods and BUA Cement shares, rising dividends, and a stronger naira.

October 28, 2025

Business

Nigeria Imposes $11.5 Passenger Security Levy Starting December

Nigeria’s NCAA introduces a $11.5 APIS levy from December 1, adding to air travel costs and drawing industry criticism over multiple taxation.

October 28, 2025

Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.

October 27, 2025

Business

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.

October 27, 2025

Business

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.

October 27, 2025

Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.

October 25, 2025

Business

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...

October 24, 2025

Business

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.

October 23, 2025

Business

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.

October 23, 2025

Business

Moniepoint Raises $90 Million to Boost Global Expansion

Moniepoint raises $90 million to expand across Africa and Europe, strengthening its position as a leading force in African fintech innovation.

October 22, 2025

Business

Johnvents Launches ₦100 Billion Paper for Cocoa Expansion

Johnvents launches ₦100 billion commercial paper to expand cocoa processing, deepen exports, and strengthen Nigeria’s agribusiness capacity.

October 21, 2025

Business

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.

October 20, 2025