HomeBusiness

Business

Portable Remanded in Ilorin Prison Over Defamation Charges

KEY POINTS Singer Portable has been remanded in Ilorin prison after failing to meet bail conditions related to defamation charges filed by Saheed Osupa.​ The court set bail at ₦1 million, requiring two sureties, including a PMAN official and a property owner in Ilorin's...

President Tinubu Immune from Prosecution Over Alleged Drug Trafficking, Legal Expert Says

KEY POINTS A legal expert claims that President Tinubu cannot be prosecuted over allegations of drug trafficking due to constitutional immunity. The FBI and DEA are set to release their investigation records by May 2, 2025, which could potentially provide new details on the...

Keep exploring

Fuel Prices May Drop to ₦750/Litre by December – NIPSS

KEY POINTS NIPSS forecasts petrol prices may fall to ₦750/litre by December 2025, citing...

Mali, Burkina Faso, Niger Impose 0.5% Import Levy on ECOWAS Nations

Mali, Burkina Faso, and Niger introduce an import levy to fund their new alliance, challenging ECOWAS and regional trade relations

Three Nigerians Plead Guilty to $4.5 Million US Money Laundering Scheme

KEY POINTS Three Nigerians admitted laundering $4.5M via romance/BEC scams, targeting 125+ victims in...

World Bank Approves $500 Million Loan for Nigeria’s Economic Resilience

KEY POINTS $500 million approved for Nigeria’s economic resilience program, targeting food security and...

Zenith Bank Posts Record $671 Million Profit Under CEO Adaora Umeoji’s Leadership

KEY POINTS Zenith Bank’s 2024 profit surged to $671 million, driven by strong interest...

Tinubu Hosts Ghana’s Mahama for Crucial Talks on Sahel Crisis

KEY POINTS Ghana’s Mahama briefed Tinubu on mediation efforts with Mali, Burkina Faso, and Niger,...

NNPCL to Sell Shares Ahead of IPO

The Nigerian National Petroleum Company Limited continues its IPO preparations through partner recruitment for both IPO readiness and investor relations support before its capital market listing.

UBA’s $19 Million Travel Spend: Justifiable Growth or Executive Extravagance?

KEY POINTS UBA’s $19 million travel spend in 2024 more than doubled from 2023,...

DMO Raises N271.2 Billion at March Bond Auction

DMO raised N271.2 billion in its March 2025 bond auction, with overwhelming demand for the nine-year bond and unchanged coupon rates.

Aviation Workers to Close Airports on March 31 Over Assault

Key Points The aviation unions announced their intention to close airports starting March 31,...

9mobile Refutes Shutdown Rumours, Pledges Improved Services

KEY POINTS 9mobile has dismissed the network shutdown speculations because these claims lack basis...

Nigeria Attracts $14billion, €250million Foreign Investments

Nigeria secures $14bn from India and €250m from the Netherlands, with a 300% oversubscription on Eurobonds and strategic MOUs with ten countries.

Latest articles

Portable Remanded in Ilorin Prison Over Defamation Charges

KEY POINTS Singer Portable has been remanded in Ilorin prison after failing to meet...

President Tinubu Immune from Prosecution Over Alleged Drug Trafficking, Legal Expert Says

KEY POINTS A legal expert claims that President Tinubu cannot be prosecuted over allegations...

FG Flags Off C’River Section of 750km Lagos/Calabar Highway

President Tinubu flags off the Lagos-Calabar Coastal Highway in Cross River, aiming to boost economic growth and regional integration, with a focus on job creation.

Jonathan Urges Other Governors to Study Otti’s Qualities

Former President Jonathan calls on Nigerian governors to visit Abia State and learn from Governor Otti’s model of purposeful leadership and development.