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Federal Government Files Criminal Charges Against El-Rufai

KEY POINTS The Federal Government has filed criminal charges accusing El-Rufai of unlawfully intercepting the NSA’s phone communications. Prosecutors say his televised statements amounted to an admission of illegal surveillance and failure to report offenders. The case comes as he faces separate questioning by...
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Three Suspects Appear in Court Over Killing of Nigerian Student and Driver Isaac Satlat

KEY POINTS Three suspects have appeared in court charged with murdering Nigerian student and driver Isaac Satlat. Investigators say dashcam footage of the assault helped police identify and arrest them. A fourth suspect is still on the run as authorities continue their search. Three individuals...

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Business

NUPRC Blocks Shell’s $1.3 Billion Onshore Asset Sale to Renaissance

NUPRC blocks Shell's asset sale to Renaissance, raising questions about compliance and environmental concerns in Nigeria's oil sector.
Business

Leaked Documents Reveal Seyi Tinubu Co-Owned Offshore Company with Chagoury

Leaked documents reveal Seyi Tinubu co-owned an offshore company with Ronald Chagoury Jr., sparking concerns over a $13 billion contract.
Business

Tinubu Committee and Dangote Refinery Agree on September Petrol Rollout

Nigeria's government and Dangote Refinery agree on September petrol rollout, shifting crude oil sales to naira.
Business

NNPC Pledges 221,000 BPD to Finance $6.6 Billion Debt

NNPC pledges 221,000 bpd to service a $6.6 billion debt, aiming to stabilize Nigeria’s energy sector and meet financial obligations.
Business

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.
Business

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.
Business

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.
Business

MTN and Airtel Make a Strong Comeback

MTN Nigeria and Airtel Africa, two of Nigeria's leading telecommunications companies, are charting a...
Business

US Crude Supplies 30% of Dangote Refinery Feedstock

Dangote Refinery sources 30% of its crude from the US, emphasizing global energy market connections.
Business

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.
Business

Lagos Market Traders Struggle Without Amenities: A Call for Change

Approximately 2,000 women who trade in Mushin and Oyingbo markets, Lagos State’s bustling commercial...
Business

Morocco, South Africa, Egypt Dwarf Nigeria’s $210M Auto Industry

Nigeria’s $210 million automotive industry struggles due to low demand and reliance on imported cars.
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Federal Government Files Criminal Charges Against El-Rufai

KEY POINTS The Federal Government has filed criminal charges accusing El-Rufai of unlawfully intercepting...
News

Three Suspects Appear in Court Over Killing of Nigerian Student and Driver Isaac Satlat

KEY POINTS Three suspects have appeared in court charged with murdering Nigerian student and...
News

Shettima Returns to Abuja After After AU Summit in Ethiopia

KEY POINTS Shettima represented Nigeria at the African Union summit in Ethiopia and has...
Business

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...

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