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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...
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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...

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NNPCL to Sell Shares Ahead of IPO

The Nigerian National Petroleum Company Limited continues its IPO preparations through partner recruitment for both IPO readiness and investor relations support before its capital market listing.
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UBA’s $19 Million Travel Spend: Justifiable Growth or Executive Extravagance?

KEY POINTS UBA’s $19 million travel spend in 2024 more than doubled from 2023,...
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DMO Raises N271.2 Billion at March Bond Auction

DMO raised N271.2 billion in its March 2025 bond auction, with overwhelming demand for the nine-year bond and unchanged coupon rates.
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Aviation Workers to Close Airports on March 31 Over Assault

Key Points The aviation unions announced their intention to close airports starting March 31,...
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9mobile Refutes Shutdown Rumours, Pledges Improved Services

KEY POINTS 9mobile has dismissed the network shutdown speculations because these claims lack basis...
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Nigeria Attracts $14billion, €250million Foreign Investments

Nigeria secures $14bn from India and €250m from the Netherlands, with a 300% oversubscription on Eurobonds and strategic MOUs with ten countries.
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MTN Group Faces Profit Slump Amid Naira Devaluation and Sudan Conflict

KEY POINTS MTN Group’s headline earnings per share dropped by 69% due to the...
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How Nigeria Rejected Binance’s $5 million Offer for Gambaryan’s Release

Nigeria rejected Binance's $5 million offer for Tigran Gambaryan’s release, demanding more data and a fair settlement to resolve legal issues.
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Nigeria’s Inflation Rate Drops to 23.18% in February 2025

KEY POINTS  Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48%...
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BIPC to Open CNG Conversion Centre in Makurdi

BIPC is set to open a CNG conversion centre at its remodeled Makurdi petrol station, providing CNG refueling and vehicle conversion services for a cleaner, cost-effective fuel alternative.
Business

NANS Rejects Telecom Tariff Hike, Threatens Nationwide Protest

KEY POINTS The governing body NANS opposes the telephone-rate growth since it creates undue...
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Africa’s Second-Largest City Economy is Lagos

Lagos has become Africa’s second-largest city economy, with its GDP hitting $259 billion. The state projects continued growth amid economic reforms and infrastructure investments.
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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...
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...
News

NAF Airstrikes Hit Sambisa Strongholds, Kill Terrorists and Destroy Key Bases

KEY POINTS Nigerian Air Force carried out precision airstrikes in Sambisa Forest, killing several...
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DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...