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EFCC Arrests 20 Suspects Over Vote-Buying in FCT Council Elections

KEY POINTS EFCC arrested 20 suspects and recovered over ₦17 million linked to alleged vote buying during FCT council polls. A suspect was caught with ₦13.5 million in a vehicle parked near a polling unit in Kwali. APC won five of six chairmanship seats,...
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APC’s Christopher Maikalangu Re-elected AMAC Chairman With Landslide Vote

KEY POINTS APC incumbent Christopher Maikalangu won the AMAC chairmanship election with 40,295 votes. ADC placed second with 12,109 votes, while PDP came third with 3,398 votes. Out of 837,338 registered voters, only 65,676 were accredited, showing low participation. The Independent National Electoral Commission (INEC)...

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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.
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.
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.
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.
Business

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays
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Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.
Business

Stanbic IBTC Backs UAC’s Full Takeover of CHI Limited

Stanbic IBTC backs UAC’s CHI Limited acquisition in a landmark deal set to reshape Nigeria’s fast-moving consumer goods market.
Business

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.
Business

Seplat Co-Founder Austin Avuru’s Stake Surges Past $200 Million

Austin Avuru’s Seplat stake climbs to $202 million as the energy firm’s shares rise 10%, lifting its market value to $2.4 billion.
Business

Peter Obi Slams “Inhumane” Demolitions, Urges Government

Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.
Business

Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.
Business

Afriland First Bank Wins Approval to Expand Across Central Africa

Afriland First Bank secures Cobac approval to expand into Congo, Chad, and the CAR, reinforcing its regional leadership and growth strategy.
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EFCC Arrests 20 Suspects Over Vote-Buying in FCT Council Elections

KEY POINTS EFCC arrested 20 suspects and recovered over ₦17 million linked to alleged...
News

APC’s Christopher Maikalangu Re-elected AMAC Chairman With Landslide Vote

KEY POINTS APC incumbent Christopher Maikalangu won the AMAC chairmanship election with 40,295 votes. ...
News

Opposition Boycott Kano By-Elections

KEY POINTS Opposition parties ADC, PDP, and NNPP boycotted Kano by-elections, alleging bias, security...
News

NAFDAC Busts Hidden Lagos Warehouse Stocked With N3bn Worth of Fake and Banned Products

KEY POINTS NAFDAC uncovered a hidden Lagos warehouse containing fake and banned goods worth...

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