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ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings were moved because of security risks. Union accuses management of hiding security concerns from staff and students. The Academic Staff Union of Polytechnics, ASUP, Federal Polytechnic Offa Chapter, has directed all...
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Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued and taken to hospital. LASEMA urged developers to use certified professionals. A two-storey building undergoing manual demolition has partially collapsed in the Aboru area of Alimosho Local Government Area of Lagos...

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World Bank Approves $500 Million Loan for Nigeria’s Economic Resilience

KEY POINTS $500 million approved for Nigeria’s economic resilience program, targeting food security and...
Business

Zenith Bank Posts Record $671 Million Profit Under CEO Adaora Umeoji’s Leadership

KEY POINTS Zenith Bank’s 2024 profit surged to $671 million, driven by strong interest...
Business

Tinubu Hosts Ghana’s Mahama for Crucial Talks on Sahel Crisis

KEY POINTS Ghana’s Mahama briefed Tinubu on mediation efforts with Mali, Burkina Faso, and Niger,...
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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.
Business

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.
Business

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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ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...
News

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...
News

NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...
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Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...