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Tinubu Sets Off on France, Kenya, Rwanda Trip to Boost Investment and Partnerships

KEY POINTS President Tinubu will visit France, Kenya, and Rwanda from May 2, 2026. He will attend the Africa-France Summit in Nairobi and the Africa CEO Forum in Kigali. The trip aims to attract investment, strengthen partnerships, and promote Nigeria’s economic reforms. President Bola Ahmed...
Politics

APC Stakeholders Purchase 2027 Re-Election Forms for Rivers Governor Fubara

KEY POINTS APC stakeholders in Rivers purchased 2027 nomination forms for Governor Fubara. The move was led by Abiante, who said it reflects public support and a desire for continuity. The governor was not involved; supporters say the decision was voluntary and people-driven. A group...

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Business

Flutterwave CEO Signals Path to Profit After Cost Reset

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

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.
Business

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.
Business

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.
Business

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.
Business

Tinubu Heads to Parliament with 2026 Budget

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

Petroleum Regulator Chief Quits After Dangote Calls for Probe

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

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.
Business

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.
Business

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.
Business

BUA Awards $20.7 Million to 1,706 Employees for Long Service

BUA Group rewarded 1,706 long-serving employees with N30 billion in cash, underscoring Abdul Samad Rabiu’s people-first approach to corporate growth.
Business

Dangote Accuses Fuel Regulators of Undermining Refining Push

Aliko Dangote accuses Nigeria’s fuel regulators of undermining local refining, escalating a dispute over imports, transparency and energy policy direction.
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Tinubu Sets Off on France, Kenya, Rwanda Trip to Boost Investment and Partnerships

KEY POINTS President Tinubu will visit France, Kenya, and Rwanda from May 2, 2026. ...
Politics

APC Stakeholders Purchase 2027 Re-Election Forms for Rivers Governor Fubara

KEY POINTS APC stakeholders in Rivers purchased 2027 nomination forms for Governor Fubara. The...
News

UNN Accused of Detaining Journalist Over Report on Bad Hostel Conditions

KEY POINTS A journalist was detained at UNN while reporting on poor hostel conditions. ...
News

Army Admits Gaps in Story as Family Rejects ‘Crossfire’ Claim in NYSC Member’s Death

KEY POINTS A NYSC member was killed in Abuja, with the army first blaming...