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Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office operating within the OSGF. Three permanent secretaries — M.S. Danjuma, Nadungu Gagare and Richard P. Pheelangwah — were suspended. ICPC says its wider investigation into fake agencies and government process...
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Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and threats of violence at checkpoints. One traveller alleges officers tried to create a situation where he could be shot and labelled an IPOB or ESN member. Evidence cited in the...

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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.
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.
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.
Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.
Business

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...
Business

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.
Business

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.
Business

Moniepoint Raises $90 Million to Boost Global Expansion

Moniepoint raises $90 million to expand across Africa and Europe, strengthening its position as a leading force in African fintech innovation.
Business

Johnvents Launches ₦100 Billion Paper for Cocoa Expansion

Johnvents launches ₦100 billion commercial paper to expand cocoa processing, deepen exports, and strengthen Nigeria’s agribusiness capacity.
Business

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.
Business

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays
Business

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.
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News

Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office...
News

Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and...
Politics

Adeleke Meets Tinubu, Presents Certificate of Return After Osun Victory

KEY POINTS Ademola Adeleke presented his Certificate of Return to President Bola Tinubu after...
News

23-Year-Old Boko Haram Fighter Surrenders to Nigerian Troops

KEY POINTS 23-year-old suspected Boko Haram fighter Ali Saidiq surrendered to troops in Borno...