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US Freezes Assets of Eight Nigerians Over Terror, Cyber Links

US Nigeria terror sanctions freeze assets of eight Nigerians over alleged Boko Haram, ISIL and cybercrime links under OFAC designation.

February 16, 2026

News

Tinubu Heads to Adamawa to Commission Major Projects After Kebbi Engagement

KEY POINTS Tinubu will visit Adamawa Monday to inaugurate roads, schools, judicial buildings, and government facilities. The trip comes shortly after his official visit to Kebbi, where he attended a major cultural festival and launched state projects. The President is also expected to meet...

February 16, 2026

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Business

British-Nigerian Ladi Delano Steers Moove Toward $2 billion

Ladi Delano’s Moove seeks $300 million at a $2 billion valuation, expanding across 20 markets with Waymo and Kovi deals fueling growth.

September 20, 2025

Business

Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.

September 19, 2025

Business

Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.

September 17, 2025

Business

United Nigeria Airlines Strikes Boeing Deal With Southwest

United Nigeria Airlines Boeing fleet deal with Southwest boosts expansion, adding six aircraft and technical support for regional and global operations.

September 9, 2025

Business

NAFDAC Seals Illegal Factories, Arrests Chemical Producer in Abuja

NAFDAC arrests chemical producer and seals illegal water and rice factories in Abuja amid safety crackdown.

September 5, 2025

Business

Custodian Investment’s Stock Surge Lifts Wole Oshin’s Stake

Custodian Investment stock surge lifts Wole Oshin’s stake to $43 million, reflecting strong investor confidence in Nigeria’s insurance sector.

September 5, 2025

Business

Dangote Refinery Halts Gasoline Unit After Technical Glitch

The $20B Dangote Refinery halted its gasoline unit after technical faults, delaying U.S. exports and pushing up refining margins in the Atlantic Basin.

September 4, 2025

Business

TY Danjuma’s South Atlantic Petroleum Signs $10 Million Oil Deal

TY Danjuma’s South Atlantic Petroleum signs $10 million deepwater oil deal with NUPRC and TotalEnergies, boosting Nigeria’s upstream sector.

September 2, 2025

Business

Air Peace And Embraer Will Build A Maintenance Hub In Lagos

Air Peace and Embraer are working together to create a repair hub in Lagos. This will lower the cost of servicing planes from other countries and allow direct flights between Nigeria and Brazil starting in 2025.

August 29, 2025

Business

Access Holdings Appoints Innocent Ike as Group CEO

Access Holdings appoints Innocent Ike as Group CEO after regulatory approval, with Bolaji Agbede returning to her executive director role.

August 28, 2025

Business

Tinubu Halts Raw Shea Exports to Spur Local Processing

Nigeria suspended raw shea exports to expand local processing, create jobs, and capture more value in the $6.5 billion global shea market.

August 27, 2025

Business

Dangote Refinery and Japan’s Mitsui Signed A Petrochemicals Deal

Dangote refinery enters a contract with Mitsui to increase Nigeria's petrochemicals, focusing on resins, plastics, and fertilizers, while lowering Africa's expensive imports.

August 25, 2025