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Court Postpones Tukur Mamu’s Case Challenging Terrorist Label

KEY POINTS The Abuja Federal High Court adjourned Tukur Mamu’s lawsuit challenging his terrorist designation until 23 April. His lawyers argue the label violates constitutional presumption of innocence since his criminal trial is still ongoing. The federal government insists the law allows pre-conviction designation...
News

FG Defends Oil Revenue Executive Order

KEY POINTS The federal government says Executive Order 9 enforces constitutional rules on revenue remittance rather than creating new law. Officials argue the directive ensures all oil and gas earnings go directly into recognised government accounts for transparency. Authorities maintain the order is within...

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Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.
Business

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...
Business

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.
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
Business

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.
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News

Court Postpones Tukur Mamu’s Case Challenging Terrorist Label

KEY POINTS The Abuja Federal High Court adjourned Tukur Mamu’s lawsuit challenging his terrorist...
News

FG Defends Oil Revenue Executive Order

KEY POINTS The federal government says Executive Order 9 enforces constitutional rules on revenue...
News

Anambra Government Shuts Nnewi Auto Parts Market for One Week Over Sit-At-Home Noncompliance

KEY POINTS Anambra authorities shut NASPA Market in Nkwo Nnewi for one week starting...
News

ICPC Arraigns Ebonyi Accountant Over Alleged N61m Money Laundering Scheme

KEY POINTS ICPC arraigned an Ebonyi State government accountant over alleged N61 million money-laundering...

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