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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
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Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the driver’s five-year-old son in an ambush along the Gundumi-Isa road in Sokoto State. Three other people were reportedly injured, while another passenger remained missing after the attack on Wednesday. The...

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Court Voids N5.31 Billion Tax Ruling Against AEDC

A court ruling has reopened the Abuja Electricity Distribution Company tax dispute, giving the utility fresh relief amid layoffs and regulatory pressure.
Business

FIRS Denies Creating Exclusive Gateways In TSA System

FIRS rejects claims of a monopoly in the TSA collection framework, stressing its multi-channel structure and renewed focus on transparency and reform.
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Dangote’s Net Worth Falls as Cement Shares Drop

Dangote’s wealth slips by $1.4 billion as cement shares fall, tightening his yearly gains despite aggressive expansion across multiple African markets.
Business

Leadway’s Full Takeover of PAL Pensions Wins Final Approval

Leadway completes its acquisition of PAL Pensions after regulatory approval, setting the stage for wider reach, stronger governance and enhanced pension services.
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Dangote Sugar Names Thabo Mabe as CEO in Leadership Shift

Dangote Sugar announces Thabo Mabe as its next CEO, marking a major leadership shift aimed at driving expansion and boosting long-term growth.
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Iwosan Investments Expands With Paelon Hospital Acquisition

Iwosan Investments strengthens healthcare in Nigeria with its acquisition of Paelon Memorial Hospital, expanding its network and boosting specialized patient care.
Business

Tiger Brands to Sell Cameroon Unit in $76 Million Deal

Tiger Brands announces Cameroon exit with $76 million Chococam sale, streamlining international operations to prioritize domestic growth and shareholder value.
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Zenith Bank Moves to Acquire Kenya’s Paramount Bank

Zenith Bank advances its East Africa expansion with a planned acquisition of Kenya’s Paramount Bank amid rising regulatory pressures on smaller lenders.
Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...
Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025...
Business

Access Awards Shares to 689 Employees Under Incentive Plan

Access Holdings has vested shares to 689 employees under its Restricted Share Performance Plan to strengthen retention and reward performance.
Business

Nigeria’s $3 Billion Palm Oil Market Races Toward Self-Sufficiency

Nigeria’s palm oil market is undergoing a revival as domestic producers and agritech drive a race toward self-sufficiency, value chain prominence.
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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
News

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...
News

Atiku presses INEC to publish 103m voters’ register as 2027 nears

Atiku says INEC’s online display of its 103 million voter register was blank from Oct. 9 to 15, and wants the list published now.
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One Dead, Three Rescued in Lagos Building Collapse

KEY POINTS One person has died and three others have been injured after a...