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Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign worker. The patient is stable, while authorities have activated emergency response and contact tracing. Residents are urged to follow health guidelines to prevent further spread. The Cross River State Ministry of...

April 22, 2026

News

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour Party chair and dismissed Julius Abure’s appeal. Abure rejected the judgement, insisting his tenure remains valid and calling the caretaker committee He has vowed to take the case to the...

April 22, 2026

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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

Business

Dangote Tops Forbes List as Africa’s Richest Man

Dangote tops Forbes list with $24.4 billion, cementing his 14-year reign as Africa’s richest man and outpacing rivals across the continent.

August 23, 2025

Business

NNPC, Gas Suppliers Sign 20-Year Agreement With NLNG

NNPC and partners sign 20-year supply agreements with NLNG to secure Feedgas, strengthen energy future, and ensure fairness in gas pricing

August 23, 2025

Business

Taiwo Afolabi’s SAHCO Investment Hits $48 Million

KEY POINTS Taiwo Afolabi owns 60.76 percent of SAHCO, which is now valued $48.24...

August 20, 2025

Business

Lafarge Africa’s Profits in The Second Quarter Rose To 248 Percent

Lafarge Africa's profits in the second quarter of 2025 rose by 248% thanks to a 70% rise in sales and better operational efficiency.

August 19, 2025

Business

Nigeria to Roll Out Interest-Free Loans for Farmers, Businesses

Nigeria’s Federal Government says it will start disbursing interest-free loans of up to N100,000 to smallholder farmers and businesses under the GEEP FarmerMoni scheme before the end of 2025.

August 16, 2025