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Veteran Broadcaster Temisan Okomi Reportedly Dies at 53

KEY POINTS Reports of Temisan Okomi’s death emerged on social media but remain unconfirmed. Broadcaster Wale Adigun’s viral post triggered widespread reactions and tributes. No official statement has been issued, leaving uncertainty around the circumstances of the alleged death. The Nigerian media space has been...

ADC Warns Tinubu of Possible 2027 Defeat Over Rising Hardship

KEY POINTS ADC warns Tinubu risks losing the 2027 election due to worsening hardship and public dissatisfaction. Party accuses the President of being disconnected from economic and security challenges facing Nigerians. Tinubu’s criticism of opposition figures sparks backlash, with ADC calling his remarks unpresidential. The...

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Zenith Bank Rally Lifts Jim Ovia’s Stake by $13 Million

A fresh rally in Zenith Bank shares has added more than $13 million to Jim Ovia’s stake, underlining renewed confidence in Nigeria’s banking sector.

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.

Flutterwave CEO Signals Path to Profit After Cost Reset

KEY POINTS Flutterwave profitability is now in sight after cost cuts and margin gains. ...

Chappal Energies Secures $430 Million Financing to Refinance

Chappal Energies closed $430 million in reserve-based loans, refinancing its Equinor Nigeria deal and strengthening long-term funding for African oil assets.

FCMB Wins Shareholder Backing for $274 Million Capital Raise

FCMB shareholders approved a major capital raise, strengthening buffers as Nigeria’s banking regulator tightens requirements ahead of 2026.

Nigerian-Linked Investor Battles Zambia Regulator Over Stake

A Nigerian-linked firm says a settled share purchase vanished after Zambia’s central bank refused recognition and liquidated the lender.

NSIA Redefines Mandate With Systems-Building Push

Nigeria’s sovereign wealth fund is evolving beyond savings, using capital and governance to fix structural gaps across healthcare, energy, innovation and housing.

Tinubu Heads to Parliament with 2026 Budget

KEY POINTS President Tinubu is set to present the 2026 budget at a joint...

Petroleum Regulator Chief Quits After Dangote Calls for Probe

KEY POINTS Nigerian petroleum regulator resignation followed public scrutiny and investor pressure. Tinubu nominated...

Nigeria’s Textile Imports Surge 47 Percent as Revival Push Falters

Nigeria’s textile imports jumped sharply in 2025, exposing deep weaknesses in local production despite repeated government pledges to revive the once-thriving industry.

Transcorp Hotels Names Awele Elumelu as Board Chair From 2026

Transcorp Hotels appoints Awele Elumelu as chair, signaling a strategic shift toward wellness-driven hospitality and diversified revenue growth.

BUA Foods Nears Completion of Nigeria’s Largest Sugar Complex

BUA Foods is close to completing Nigeria’s largest integrated sugar complex in Kwara State, a project expected to boost local production, generate power and reduce sugar imports.

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Veteran Broadcaster Temisan Okomi Reportedly Dies at 53

KEY POINTS Reports of Temisan Okomi’s death emerged on social media but remain unconfirmed. ...

ADC Warns Tinubu of Possible 2027 Defeat Over Rising Hardship

KEY POINTS ADC warns Tinubu risks losing the 2027 election due to worsening hardship...

Lagos orders filling stations and banks to open toilets to public

Lagos has deployed 1,710 public toilets and is now directing filling stations, banks and eateries to open their restrooms to the public to end open defecation.

JAMB releases 2026 UTME results, warns on fraud

JAMB has released 2026 UTME results for 632,788 candidates who sat Thursday's exam, warning against score manipulation as arrests are already underway.