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El-Rufai Files ₦1bn Suit Against ICPC Over Alleged Illegal Abuja Home Search

KEY POINTS El-Rufai is suing anti-corruption and law-enforcement authorities for ₦1 billion over an alleged unlawful search of his Abuja home. He argues the search warrant was defective, unconstitutional, and invalid under Nigerian law. He seeks damages, return of seized property, and a court...

February 24, 2026

News

Fire Disrupts Flights at Lagos Airport Terminal 1

KEY POINTS A fire on the upper floors of Lagos airport’s Terminal 1 disrupted flight operations and forced evacuations. Some inbound flights were delayed or diverted, including a London flight redirected to Abuja. Authorities say no injuries have been reported as emergency crews continue...

February 24, 2026

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Business

Tiger Brands to Sell Cameroon Unit in $76 Million Deal

Tiger Brands announces Cameroon exit with $76 million Chococam sale, streamlining international operations to prioritize domestic growth and shareholder value.

November 18, 2025

Business

Zenith Bank Moves to Acquire Kenya’s Paramount Bank

Zenith Bank advances its East Africa expansion with a planned acquisition of Kenya’s Paramount Bank amid rising regulatory pressures on smaller lenders.

November 17, 2025

Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...

November 13, 2025

Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025...

November 13, 2025

Business

Access Awards Shares to 689 Employees Under Incentive Plan

Access Holdings has vested shares to 689 employees under its Restricted Share Performance Plan to strengthen retention and reward performance.

November 13, 2025

Business

Nigeria’s $3 Billion Palm Oil Market Races Toward Self-Sufficiency

Nigeria’s palm oil market is undergoing a revival as domestic producers and agritech drive a race toward self-sufficiency, value chain prominence.

November 12, 2025

Business

Air Peace Breaks Leasing Barrier With New Boeing 737-NG

Air Peace makes history with a new Boeing 737-NG dry lease, boosting Nigeria’s aviation growth and restoring industry confidence.

November 8, 2025

Business

Dangote Refinery Cuts Petrol Price to ₦828 per Litre

Dangote Refinery cuts petrol price to ₦828 per litre under a new NNPC crude deal, easing costs for marketers and consumers.

November 8, 2025

Business

Helios Plans Full Exit From Nigeria’s Axxela After Nearly a Decade

Helios Investment Partners plans to sell its stake in Axxela, marking a strategic exit from Nigeria’s gas infrastructure space after nearly a decade.

November 6, 2025

Business

Siatech Africa Builds Liberia’s First Fully Solar-Powered City

Siatech Africa, led by Olanrewaju Olaniyan, delivers Liberia’s first solar-powered city—uniting clean energy, technology, and community empowerment across West Africa.

November 5, 2025

Business

Oando Expands Into Mining Amid Global Lithium Boom

Oando Mining expands lithium exploration push as Wale Tinubu steers Oando Plc beyond oil into new frontiers of Nigeria’s mineral and energy landscape.

November 4, 2025

Business

Nigeria’s New Mining Boom: 8 Entrepreneurs In Mining

Nigeria’s new mining boom is redefining wealth creation as local entrepreneurs turn gold, lithium, and rare earths into legitimate billion-naira enterprises.

November 4, 2025