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IPOB Claims Nigerian Government Admits Court Lacked Jurisdiction in Nnamdi Kanu Case

KEY POINTS IPOB says its leader, Nnamdi Kanu, agrees with an alleged admission by the Nigerian government that his trial court lacked jurisdiction. The group argues that the Federal High Court’s conviction and sentencing of Kanu to life imprisonment is therefore invalid. IPOB has...

June 8, 2026

News

Nigeria Records No Confirmed Ebola Cases

KEY POINTS The NCDC says there are currently no confirmed cases of Ebola in Nigeria despite regional outbreaks in Uganda and the DRC. The agency had earlier warned that Nigeria faces a high risk due to cross-border movement and international travel. It urged the...

June 8, 2026

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Business

Togo, Niger, Benin Owe Nigeria $17.8 Million for Cross Border Power Supply

KEY POINTS Togo, Niger and Benin owe Nigeria a combined $17.8 million for electricity...

January 9, 2026

Business

Heirs Technologies Gains NRS Approval to Help Nigerian Firms Meet E Invoicing Rules

KEY POINTS Heirs Technologies is now accredited by the Nigeria Revenue Service as an...

January 8, 2026

Business

Standard Chartered Meets CBN N200bn Capital Rule Ahead of March 2026 Deadline

KEY POINTS Standard Chartered Bank Nigeria met the CBN N200bn capital requirement in November...

January 8, 2026

Business

SIFAX Sets Tech-Driven Push for 2026 Expansion

SIFAX Group is entering 2026 with a technology-led strategy focused on execution, efficiency and expanding its logistics and financial services footprint across West Africa.

January 8, 2026

Business

Dangote Refinery Warns of Steep Petrol Price Surge

Dangote Refinery says petrol prices could hit ₦1,400 per litre without domestic refining, warning that heavy import reliance leaves Nigeria exposed to sharp fuel cost swings.

January 8, 2026

Business

Nigeria’s New Tax Regime Spares Bank Balances, says CITN

Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.

January 7, 2026

Business

AA Rano Unveils Nigeria’s First Unmanned Fuel Stations

AA Rano is introducing Nigeria’s first automated fuel stations, enabling 24-hour self-service fueling and digital payments through locally developed technology.

January 7, 2026

Business

Indimi Gains $22 Million as Jaiz Bank Shares Rally in 2025

Mohammed Indimi added $22 million to his wealth after Jaiz Bank shares rallied in 2025, helped by renewed investor interest and a stronger naira.

January 7, 2026

Business

Nigeria SEC Plans Tougher Market Policing in 2026

Nigeria’s SEC says it will intensify market enforcement in 2026, using new legal powers to tackle abuse, improve transparency and strengthen investor confidence.

January 6, 2026

Business

Nigerian Stocks Top N100 Trillion as Buying Spree Lifts Confidence

Nigerian equities opened the week on a strong note, with NGX market capitalisation surpassing N100 trillion amid broad buying and improved investor sentiment.

January 6, 2026

Business

Rabiu’s Fortune Nears $10 Billion After BUA Rally

Abdul Samad Rabiu’s fortune climbs to about $9.7 billion as BUA Cement and Foods shares rally, pushing him closer to the $10 billion mark.

January 6, 2026

Business

Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.

January 5, 2026