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NCDC to Pay Quarantined Ebola Contacts ₦100,000 Weekly

KEY POINTS NCDC will pay quarantined or isolated individuals ₦100,000 weekly to cover essential expenses. Health officials are monitoring 53 primary contacts linked to Nigeria’s confirmed Ebola case. One contact who reported feeling unwell tested negative, while investigations continue. The Nigeria Centre for Disease Control...
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INEC Yet to Set Date for Corrected 2027 Candidates’ List

KEY POINTS INEC has not set a date to publish its corrected candidates’ list for the 2027 elections. The commission is reviewing complaints, corrections and court orders following a Supreme Court judgment. Accord Party’s Olawepo Hashim was still missing from INEC’s online list at...

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UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.
Business

Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
Business

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...
Business

Dangote unveils multi-billion-dollar Olokola deep seaport on 10,000 hectares

Aliko Dangote's group has begun preliminary work on a 10,000-hectare deep seaport at Olokola, targeting exports, fertilizer shipments and Atlantic trade.
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AfDB approves $200m BoI facility to boost Nigeria’s industrial sector

AfDB approved a $200 million facility for Nigeria's Bank of Industry to boost SMEs, manufacturing and green industrialization, with women-led and youth businesses prioritized.
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Dangote lifts Ethiopia investment to $4billion, pledges African food security

Aliko Dangote raised his Ethiopia investment from $2.5 billion to over $4 billion, pledging that fertilizer plants will deliver food security across Africa.
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Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...
Business

Dangote details mafia fight against $20bn Lekki refinery

Aliko Dangote said a fuel-import 'mafia' tried to block his $20bn Lekki refinery as land, currency and infrastructure costs piled up.
Business

Forex shock will swallow tariff cut on car prices, stakeholders warn

Nigerian car prices will not drop despite FG's tariff cut from 70 to 40 percent because forex, logistics and port costs dominate vehicle landing prices.
Business

LPG price set to hit N1,500/kg as depot stocks dry up

Nigerian cooking gas could rise to N1,500 per kilogram from N1,300 as depot stocks thin and only Dangote Refinery, Ardova and Navgas have supplies.
Business

Nigerian brewers post 117 percent profit jump in 2025

Nigeria's top four brewers grew combined profit 117 percent to N317.2 billion in 2025 on N2.8 trillion in revenue, driven by aggressive product re-pricing.
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Otedola scores N49.6bn paper gain as FirstHoldCo Q1 profit jumps 72 percent

Femi Otedola added N49.6 billion to his paper wealth as FirstHoldCo's stock jumped 10 percent on a 72 percent leap in Q1 profit.
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NCDC to Pay Quarantined Ebola Contacts ₦100,000 Weekly

KEY POINTS NCDC will pay quarantined or isolated individuals ₦100,000 weekly to cover essential...
News

INEC Yet to Set Date for Corrected 2027 Candidates’ List

KEY POINTS INEC has not set a date to publish its corrected candidates’ list...
News

NCDC Investigates Second Suspected Ebola Case in Nigeria

KEY POINTS NCDC says it has identified two Ebola cases, comprising one confirmed infection...
News

Fulani leaders seek ranches and 30% of agriculture budget for livestock ministry

Nigeria’s pastoralist coalition wants 30% of the agriculture budget for the livestock ministry, pilot ranches in all six zones and gazetted grazing reserves.