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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

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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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...
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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...