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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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British-Nigerian Ladi Delano Steers Moove Toward $2 billion

Ladi Delano’s Moove seeks $300 million at a $2 billion valuation, expanding across 20 markets with Waymo and Kovi deals fueling growth.
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Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.
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Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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...