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NYSC gets civilian leadership and new uniform in sweeping reform

Nigeria has approved a sweeping NYSC reform, replacing military with civilian leadership and adding a new uniform, technology-driven operations and a stronger focus on skills.
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Open defecation returns to Cross River five years after COVID setback

Open defecation has surged back across Cross River five years after COVID stalled the state's sanitation drive, leaving 90 percent of rural homes without toilets.

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Yari Takes Control of Geregu Power as FG Settle Sector’s Debts

Abdul-Aziz Yari has emerged as chairman and controlling shareholder of Geregu Power Plc, positioning the company for growth as the Federal Government begins settling long-standing power sector debts.
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Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...
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Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.
Business

Nigerian Billionaires Lose Out as TotalEnergies Sells Oil Stake

TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.
Business

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.
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Nigeria, UAE Sign Landmark Trade Pact, Open Duty Free Access for Thousands of Products

KEY POINTS Nigeria and the UAE signed a Comprehensive Economic Partnership Agreement to deepen...
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Terra Industries Raises $11.75 Million to Scale Defense Systems

Terra Industries raised $11.75 million to scale African defense technology, expanding autonomous systems that secure power plants, mines and other critical infrastructure.
Business

Rabiu Nears Rare $10 Billion Wealth Mark in Nigeria

Abdul Samad Rabiu is closing in on the Nigerian $10 billion wealth mark as BUA Cement and BUA Foods rally amid strong earnings and a booming stock market.
Business

CardinalStone Securities Sets NGX Trading Record in 2025

CardinalStone Securities became the first Nigerian broker to exceed ₦2 trillion in annual NGX transactions, capitalising on a historic rally in the equity market.
Business

Afreximbank Backs Nigerian Trader’s Shift Into Gas Infrastructure

Afreximbank has provided $64 million in financing to support Levene Energy’s entry into Nigeria’s gas infrastructure through an Axxela-linked acquisition.
Business

CBN Sees Nigeria Petrol Prices Rising Toward ₦950 in 2026

Nigeria’s central bank says petrol prices could average about ₦950 per litre in 2026, reflecting oil price assumptions, exchange rate trends and refining capacity.
Business

Wale Tinubu Recalls Axxela Bet That Delivered Outsized Returns

Wale Tinubu recalls how a ₦1 million Axxela investment evolved into a $300 million-plus business, highlighting patience and long-term capital in Nigeria’s energy sector.
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News

NYSC gets civilian leadership and new uniform in sweeping reform

Nigeria has approved a sweeping NYSC reform, replacing military with civilian leadership and adding a new uniform, technology-driven operations and a stronger focus on skills.
News

Open defecation returns to Cross River five years after COVID setback

Open defecation has surged back across Cross River five years after COVID stalled the state's sanitation drive, leaving 90 percent of rural homes without toilets.
News

Boko Haram disguised as soldiers to abduct Borno NECO candidates, source says

Suspected Boko Haram terrorists in soldier and Forest Guard uniforms abducted NECO candidates and a teacher in Lassa, Borno, minutes after troops left their post.
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Army declares 104 soldiers missing after Boko Haram attack on Borno base

More than 104 Nigerian soldiers have been unaccounted for since a June 5 attack on their Borno base, and the Army now calls them deserters.