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BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
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Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.

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Business

DSS Replaces Tinubu’s Chief Security Officer With Rasheed Lawal

DSS replaces Tinubu’s chief security officer, Adegboyega Fasasi, with Rasheed Lawal. Fasasi steps down for professional training, Lawal takes over the key role
Business

7 Must-Attend Fashion Shows in Nigeria

These top fashion shows in Nigeria are advancing the country’s fashion industry, giving designers a global platform to showcase their creativity and entrepreneurship
Business

World Bank Forecasts Nigeria’s Revenue-to-GDP Ratio to Surpass 10.5%

The World Bank projects Nigeria’s revenue-to-GDP ratio to exceed 10.5% in 2024, while the government tackles inflation with agriculture-focused initiatives
Business

WFP Seeks $228 Million to Avert Hunger Crisis in Northeast Nigeria

WFP calls for $228 million to support 1.6 million people in northeast Nigeria as hunger and conflict drive a severe humanitarian crisis
Business

Binance Executive Denied Bail in Nigeria: Implications for Crypto Regulation and the Legal Landscape

The denial of bail for Binance’s compliance chief in Nigeria, charged with money laundering, raises questions about cryptocurrency regulation and the country's legal system.
Business

Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies
Business

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.
Business

Dangote Refinery Set to Boost Nigerian Economy by $400B Over Six Years

Dangote refinery is projected to boost Nigeria’s economy, reduce fuel imports, and generate jobs, significantly impacting growth by 2030
Business

FBI Seeks EFCC Aid to Arrest Two Nigerians Over $13m U.S Healthcare Fraud

The FBI has requested the EFCC's assistance in apprehending two Nigerian fugitives accused of orchestrating a $13 million healthcare fraud scheme in the United States
Business

World Bank Approves $1.57 Billion to Boost Human Capital in Nigeria

The World Bank has approved $1.57 billion to boost human capital in Nigeria, focusing on improving healthcare for women, children, and adolescents, and enhancing climate resilience
Business

Inflation’s Grip on Nigeria’s Airline Industry: Navigating Turbulent Skies

Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.
Business

Nigeria to Cut Transport Costs by 40% with CNG Shift

Nigeria adopts CNG to reduce transport fares by 40%, aiming for cheaper, cleaner, and more reliable transportation for its citizens
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News

BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
News

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.
News

Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.
News

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.

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