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EU warns of rising violence, hate speech ahead of Nigeria’s 2027 elections

The European Union has expressed concern over election-related violence, hate speech and political intimidation in Nigeria as preparations continue for the 2027 general elections.
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Nigerian-born Emehelu makes history as New Jersey Lieutant governor

Nigerian-born lawyer Shirley Emehelu has assumed office as New Jersey's lieutenant governor, becoming part of a historic female-led state administration.

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Business

Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
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Nigeria’s Capital Importation Surges 75% to $21 Billion in First Ten Months of 2025

KEY POINTS Nigeria’s capital importation soared to $21 billion in the first ten months...
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Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

KEY POINTS Aiteo has won a rare oil exploration license in Libya’s Murzuq Basin...
Business

UTM Offshore Targets 2026 Start for Nigeria FLNG Project

UTM Offshore says construction of the Nigeria FLNG project will start in 2026, unlocking offshore gas reserves with $5 billion in financing secured.
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Rainoil Chief Urges Nigeria Pipeline Infrastructure Revival

Rainoil’s Gabriel Ogbechie calls for Nigeria pipeline infrastructure revival and predictable pricing to support efficient fuel distribution and energy sector growth.
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UBA Unveils Aggregator Model to Expand RedPay Network

UBA launches Aggregator Sales Structure to scale RedPay POS and agency banking network, targeting stronger partnerships and broader financial inclusion.
Business

UAC of Nigeria Revenue Jumps After C.H.I. Acquisition

UAC of Nigeria earnings climbed in 2025 after its C.H.I. Limited acquisition lifted revenue, with underlying profit rising despite significant one-off costs.
Business

Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.
Business

Lagos Assembly Budgets N55.4bn for Lawmakers’ Quarters, Complex Beautification in 2026

KEY POINTS Lagos Assembly plans to spend N55.4bn in 2026 on lawmakers’ quarters and...
Business

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...
Business

World Bank Says Nigeria Portfolio Tops $16bn as Global Operations Chief Begins Country Visit

KEY POINTS World Bank says its active development projects and lending in Nigeria now...
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News

EU warns of rising violence, hate speech ahead of Nigeria’s 2027 elections

The European Union has expressed concern over election-related violence, hate speech and political intimidation in Nigeria as preparations continue for the 2027 general elections.
News

Nigerian-born Emehelu makes history as New Jersey Lieutant governor

Nigerian-born lawyer Shirley Emehelu has assumed office as New Jersey's lieutenant governor, becoming part of a historic female-led state administration.
News

Nigeria unveils 70 billion naira plan to eliminate noma, expand dental care

Nigeria has launched a 70 billion naira plan to eliminate noma and expand dental care through primary health centers by 2030.
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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.