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Lagos Govt Probes Collapse of School Building in Ogba as Injured Students Receive Treatment

KEY POINTS No deaths recorded after a four-storey building housing a private school collapsed in Ogba, Lagos, as occupants evacuated moments before the incident. Several students sustained injuries during the evacuation and were taken to hospital for treatment. Lagos authorities have launched an investigation,...
News

Zamfara Governor Dauda Lawal Defects from PDP to APC Amid Party Crisis

KEY POINTS Zamfara Governor Dauda Lawal has defected from the PDP to the APC after consultations with political stakeholders in the state. He cited the prolonged leadership crisis and internal disagreements within the PDP as major reasons for his decision. His defection raises the...

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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...
Business

Dangote Signs $400 Million XCMG Deal to Expand Refinery

Dangote signs a $400 million equipment deal with XCMG to accelerate refinery expansion and boost petrochemical and fertilizer production capacity in Nigeria.
Business

Flutterwave CEO Backs Terra Industries in $22 Million Funding

Terra Industries funding hits $34 million as Flutterwave CEO Olugbenga Agboola backs the Nigerian defense tech startup’s African and Saudi expansion plans.
Business

Abdul Samad Rabiu Climbs to Africa’s Fourth Richest

Abdul Samad Rabiu net worth reaches $11.3 billion, lifting the Nigerian industrialist to fourth richest in Africa on the Bloomberg Billionaires Index.
Business

Globacom Pledges N1 Billion to Lagos Security Trust Fund

Globacom commits N1 billion to the Lagos State Security Trust Fund to support surveillance expansion and emergency response improvements in Nigeria’s largest city.
Business

Eno Defends Akwa Ibom Oil Wells Claim

Governor Umo Eno defends Akwa Ibom oil wells ownership, citing Supreme Court rulings amid renewed Cross River revenue claims.
Business

Tinubu’s Reforms End FX Scarcity, Boost Investor Confidence — Elumelu

KEY POINTS Elumelu says Tinubu’s reforms and central bank policies have effectively ended Nigeria’s...
Business

Nigeria’s Rising Exports Boost Naira Stability

KEY POINTS Nigeria’s exports rose to 44.06 billion dollars in the first nine months...
Business

Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
Business

Nigeria’s Capital Importation Surges 75% to $21 Billion in First Ten Months of 2025

KEY POINTS Nigeria’s capital importation soared to $21 billion in the first ten months...
Business

Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

KEY POINTS Aiteo has won a rare oil exploration license in Libya’s Murzuq Basin...
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Lagos Govt Probes Collapse of School Building in Ogba as Injured Students Receive Treatment

KEY POINTS No deaths recorded after a four-storey building housing a private school collapsed...
News

Zamfara Governor Dauda Lawal Defects from PDP to APC Amid Party Crisis

KEY POINTS Zamfara Governor Dauda Lawal has defected from the PDP to the APC...
Business

Dangote Refinery Raises Petrol Ex-Depot Price to N1,175

KEY POINTS Dangote Refinery increased its petrol ex-depot price to N1,175 per litre and...
News

Fintiri Imposes 24-Hour Curfew on Lamurde LGA Over Renewed Communal Violence

  KEY POINTS Adamawa Governor Ahmadu Fintiri imposed a 24-hour curfew on Lamurde LGA following...

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