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Gridlock Hits Abuja Airport as FAAN Rolls Out Cashless System

FAAN cashless airport gates rollout at NAIA causes congestion as motorists without Go Cashless cards face entry delays.

March 2, 2026

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Army Trains 60 Soldiers to Guard Niger Delta Oil Facilities

Army trains 60 recruits for Niger Delta oil facilities protection as authorities target oil theft and pipeline vandalism.

March 2, 2026

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Business

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.

November 1, 2025

Business

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa

October 31, 2025

Business

Otedola Donates ₦4bn for Augustine University Engineering Block

Femi Otedola donates ₦4 billion to build a state-of-the-art electrical and electronics engineering block at Augustine University.

October 31, 2025

Business

GTCO Q3 Profit Before Tax Rises 39 Percent to N299.9 Billion

GTCO reports a 39 percent year-on-year rise in Q3 profit before tax to N299.9 billion, driven by solid core income growth and strong asset performance.

October 30, 2025

Business

OpenAI Plans $1 Trillion IPO, Expands Rapidly

OpenAI, with Adebayo Ogunlesi on its board, is reportedly preparing for a $1 trillion IPO by 2026 to finance global AI expansion.

October 30, 2025

Business

Abubakar Isa Appeals Court Ruling Over Teleology Shares

Alhaji Abubakar Isa challenges the Federal High Court’s ruling over the alleged illegal transfer of 43 million Teleology shares.

October 29, 2025

Business

Access Holdings Profit Falls 23 Percent Despite Rise in Earnings

Access Holdings reports higher revenue but a 23 percent profit fall in H1 2025, hit by weaker forex gains and rising impairment charges.

October 28, 2025

Business

Abdul Samad Rabiu Nears $10 Billion Mark as BUA Stocks Surge

Abdul Samad Rabiu’s fortune climbs to $9.2 billion, powered by soaring BUA Foods and BUA Cement shares, rising dividends, and a stronger naira.

October 28, 2025

Business

Nigeria Imposes $11.5 Passenger Security Levy Starting December

Nigeria’s NCAA introduces a $11.5 APIS levy from December 1, adding to air travel costs and drawing industry criticism over multiple taxation.

October 28, 2025

Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.

October 27, 2025

Business

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.

October 27, 2025

Business

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.

October 27, 2025