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FCT Resident Doctors Extend Strike Over Unmet Demands

FCT resident doctors extend their strike, demanding payment of salary arrears, training funds, and hospital upgrades despite government assurances.

Nigeria’s Security Chiefs to Address Trump’s Genocide Remarks

Nigeria’s security chiefs will address Trump’s genocide remarks as President Tinubu reaffirms the nation’s commitment to religious freedom and unity.

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Nigerian Energy Mogul Ahonsi Unuigbe Takes Helm At Marconi

Ahonsi Unuigbe, founder of Petralon Energy and chairman of NGX, has been named chairman of Marconi.NG EPC Limited, strengthening his footprint in Nigeria’s energy and financial markets.

Abdul Samad Rabiu Fortune Rebounds By $500 Million

Abdul Samad Rabiu fortune rebounds by $500 million as BUA Foods shares rally, cementing his place as Nigeria’s richest stock market investor.

14 Nigerian Banks Meet New CBN Capital Rules, Cardoso Says

CBN Governor Olayemi Cardoso says 14 Nigerian banks have now met new capital requirements, marking strong progress in the recapitalisation drive launched in March.

Femi Otedola Warns Depot Owners as Refinery Reshapes Market

Femi Otedola backs Dangote Refinery and warns depot owners their model is outdated as Nigeria embraces fuel deregulation and local supply.

British-Nigerian Ladi Delano Steers Moove Toward $2 billion

Ladi Delano’s Moove seeks $300 million at a $2 billion valuation, expanding across 20 markets with Waymo and Kovi deals fueling growth.

Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.

Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.

United Nigeria Airlines Strikes Boeing Deal With Southwest

United Nigeria Airlines Boeing fleet deal with Southwest boosts expansion, adding six aircraft and technical support for regional and global operations.

NAFDAC Seals Illegal Factories, Arrests Chemical Producer in Abuja

NAFDAC arrests chemical producer and seals illegal water and rice factories in Abuja amid safety crackdown.

Custodian Investment’s Stock Surge Lifts Wole Oshin’s Stake

Custodian Investment stock surge lifts Wole Oshin’s stake to $43 million, reflecting strong investor confidence in Nigeria’s insurance sector.

Dangote Refinery Halts Gasoline Unit After Technical Glitch

The $20B Dangote Refinery halted its gasoline unit after technical faults, delaying U.S. exports and pushing up refining margins in the Atlantic Basin.

TY Danjuma’s South Atlantic Petroleum Signs $10 Million Oil Deal

TY Danjuma’s South Atlantic Petroleum signs $10 million deepwater oil deal with NUPRC and TotalEnergies, boosting Nigeria’s upstream sector.

Latest articles

FCT Resident Doctors Extend Strike Over Unmet Demands

FCT resident doctors extend their strike, demanding payment of salary arrears, training funds, and hospital upgrades despite government assurances.

Nigeria’s Security Chiefs to Address Trump’s Genocide Remarks

Nigeria’s security chiefs will address Trump’s genocide remarks as President Tinubu reaffirms the nation’s commitment to religious freedom and unity.

Navy Chief Orders Major Shake-Up, Redeploys 65 Admirals

Vice Admiral Idi Abbas approves sweeping redeployment of 65 Rear Admirals across commands to enhance efficiency and maritime security.

GenCos Lose N2.3 Trillion to Stranded Power Capacity

Nigeria’s power producers have lost over N2.3 trillion to stranded capacity caused by persistent grid failures and weak market structures