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Tinubu Reviews Envoy Postings After Name Mix-up, Confirms Three Diplomatic Appointments

KEY POINTS President Tinubu has approved the posting of three ambassador-designates to France, the United States and the United Kingdom. The presidency clarified that no envoy has been posted to Turkey, citing a naming mix-up under review. The Ministry of Foreign Affairs has been...
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Atiku Accuses Senate of Stalling Electoral Act Amendments, Warns 2027 Elections Are at Risk

KEY POINTS Atiku Abubakar has accused the Senate of delaying amendments to the Electoral Act 2022, warning this could jeopardise the 2027 elections. He said loopholes in the current law enabled malpractice during the 2023 polls and weakened the ability of courts to address...

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Business

Taiwo Afolabi’s SAHCO Investment Hits $48 Million

KEY POINTS Taiwo Afolabi owns 60.76 percent of SAHCO, which is now valued $48.24...
Business

Lafarge Africa’s Profits in The Second Quarter Rose To 248 Percent

Lafarge Africa's profits in the second quarter of 2025 rose by 248% thanks to a 70% rise in sales and better operational efficiency.
Business

Nigeria to Roll Out Interest-Free Loans for Farmers, Businesses

Nigeria’s Federal Government says it will start disbursing interest-free loans of up to N100,000 to smallholder farmers and businesses under the GEEP FarmerMoni scheme before the end of 2025.
Business

Nigeria’s $60 Billion Chinese-Funded Bullet Train Nears Final Approval

Nigeria’s $60 billion bullet train is on track, with funds secured and government approval close, promising to transform travel and boost the economy
Business

Nigerian Stocks Extend Rally on Insurance Reform and Earnings

Nigerian stocks rise for the 11th straight week, driven by insurance reform, strong Q2 earnings, and investor optimism.
Business

Oil and Gas Safety Regulations Aligns in Nigeria

NMDPRA is merging multiple HSE guidelines to ease compliance and improve safety in Nigeria’s oil and gas industry.
Business

Femi Otedola’s Rise and Fall: A Cautionary Tale of Banks, Business, and Betrayal

KEY POINTS Femi Otedola shares his rise and fall in the Nigerian business world...
Business

Nigerian Banks’ Deposits with CBN Soar Dramatically High

The CBN's deposits from Nigerian banks grew by over 800% year over year in 2025. This shows that the money market was tighter and there was too much cash.
Business

Canal+ Secures Final Approval to Acquire MultiChoice, Owner of DSTV and GOTV

KEY POINTS Canal+ received final approval to acquire MultiChoice, Africa’s top pay-TV operator, including...
Business

Mozambique, Aiteo Launch 240,000 bpd Refinery to Position Nation as Regional Energy Hub

“boost domestic fuel production” and reshape Southern Africa’s energy landscape
Business

The Untold Impact of Digital Currency Adoption on Nigeria’s Informal Economy

KEY POINTS Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such...
Business

President Tinubu Seeks $21.5 Billion Loan, Pension Bond to Stabilise Nigeria’s Economy

KEY POINTS President Tinubu has requested approval for a $21.5 billion external loan and...
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Tinubu Reviews Envoy Postings After Name Mix-up, Confirms Three Diplomatic Appointments

KEY POINTS President Tinubu has approved the posting of three ambassador-designates to France, the...
News

Atiku Accuses Senate of Stalling Electoral Act Amendments, Warns 2027 Elections Are at Risk

KEY POINTS Atiku Abubakar has accused the Senate of delaying amendments to the Electoral...
News

Rivers Chief Judge Declines Assembly Request to Probe Governor Fubara

KEY POINTS Rivers Chief Judge Simeon Amadi has declined to set up a probe...
News

PAN Warns: Poor Health Budget Threatens Nigerian Kids’ Lives

Doctors warn low health budget harms Nigerian children, urging urgent care, better funding, and technology to improve child health outcomes.

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