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Senate Directs North Central Commission to Focus Spending on Agriculture and Security

KEY POINTS The Senate has told the North Central Development Commission to prioritise agriculture and security in its 2026 spending. Lawmakers approved a 140 billion naira budget after reviewing the commission’s plans. The committee criticised weak capital project implementation in 2025 and urged better...
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Security Forces Destroy Three Bandit Camps in Kogi

KEY POINTS Joint security forces destroyed three bandit camps in Kogi allegedly linked to a notorious gang leader. Several suspects were killed and kidnapped victims were rescued and taken for medical care. The raid follows another recent military operation targeting a separate terrorist network...

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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.
Business

Tetracore Appoints Dayo Williams as MD to Boost Nigeria’s Gas and Clean Energy

Tetracore Energy Group has named Dayo Williams as Managing Director of its subsidiaries, strengthening the company's emphasis on domestic gas utilisation, the expansion of renewable energy, and regional energy transition, in alignment with Nigeria's industrialisation and energy security objectives
Business

TY Danjuma’s Family Office Narrows 2024 Loss

TY Danjuma’s family office narrowed its 2024 loss, keeping $114 million in assets while maintaining a cautious investment strategy.
Business

Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.
Business

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.
Business

Roosevelt Ogbonna Buys $20 Million London Mansion

Roosevelt Ogbonna buys a $20 million Hampstead mansion, highlighting his growing global footprint beyond Access Bank’s expansion strategy.
Business

Nigeria to Tax Remote Workers, Influencers in 2026

Nigeria will tax income from remote workers, influencers, and imports starting January 2026 under sweeping new reforms, according to the presidential tax committee
Business

Otedola Denies Subsidy Fraud Links, Calls Allegations Baseless

Femi Otedola dismisses claims linking him to Nigeria’s fuel subsidy fraud, insisting Zenon Petroleum only traded diesel and that he helped expose the scheme.
Business

Oskar Ibru, Eldest Son of Ibru Dynasty Founder, Dies at 68

Oskar Ibru, chairman of the Ibru Organization, has died, leaving behind a legacy that shaped Nigeria’s economy across shipping, oil, and agriculture.
Business

Gabon’s Samuel Dossou-Aworet Deepens Bet on Nigeria’s Aradel

Oil mogul Samuel Dossou-Aworet has lifted his stake in Aradel Holdings to nearly 14%, reinforcing his $500 million Nigerian energy portfolio.
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Senate Directs North Central Commission to Focus Spending on Agriculture and Security

KEY POINTS The Senate has told the North Central Development Commission to prioritise agriculture...
News

Security Forces Destroy Three Bandit Camps in Kogi

KEY POINTS Joint security forces destroyed three bandit camps in Kogi allegedly linked to...
News

ADC Criticises Umahi for Predicting Overwhelming South-East Support for Tinubu in 2027

KEY POINTS ADC has criticised Dave Umahi for claiming Tinubu would receive 90 percent...
News

CAN Opposes Niger Hisbah Bill, Urges Governor Bago to Withhold Assent

KEY POINTS CAN has rejected the proposed Niger Hisbah Bill, warning it could cause...

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