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ADC Faction Picks Chris Uba as 2027 Presidential Candidate

KEY POINTS A faction of the African Democratic Congress (ADC) has announced businessman Prof. Chris Uba as its presidential candidate for the 2027 general elections. The faction said the decision followed a consensus arrangement after other aspirants stepped down under its internal selection process. ...
Politics

Olawepo-Hashim Wins Accord Party 2027 Presidential Ticket

KEY POINTS Dr. Gbenga Olawepo-Hashim has emerged as the Accord Party’s presidential candidate after polling 423,902 affirmative votes in its nationwide affirmation primaries. The exercise, conducted across several states, saw him as the sole aspirant and was described as peaceful and transparent by party...

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Business

Court Rejects Nnamdi Kanu’s Human Rights Suit Against FG

Court dismisses Nnamdi Kanu’s N1 billion human rights suit, finding no sufficient evidence of rights violations by the DSS or the Nigerian government.
Business

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.
Business

NNPC’s Crude Supply Challenges Affect Dangote Refinery Project

NNPC faces scrutiny over failing to fulfill crude supply commitments to Dangote Refinery, sparking tensions with IOCs.
Business

Nigeria Advances $1 Billion Sale of Five Power Plants

Nigeria is finalizing the sale of five key power plants in a $1.15 billion deal to enhance its energy sector and economic growth.
Business

Dangote Accuses IOCs of Undermining Nigerian Refinery

Dangote accuses international oil firms of plotting against its Nigerian refinery, calling for government intervention.
Business

FG Seeks Additional $4.4 Billion Loan as Debt Hits N101 Trillion

Nigeria anticipates fresh loans totaling $4.4 billion to fund development in energy, education, and economic reforms amidst rising national debt.
Business

Rail Growth Reaches Two-Year High as Transport Sector Exits Recession

Nigeria's rail transport sector reaches a two-year high, signaling recovery from recession driven by investments and policy reforms
Business

Bravura Holdings unveils Zimbabwe’s first world-class lithium upgrade facility at Victoria Falls Mining Indaba

At the Victoria Falls Mining Indaba, Bravura Holdings announces the completion of Zimbabwe's first world-class lithium upgrade facility, enhancing beneficiation capabilities.
Business

CBN’s Naira Stabilization Efforts is Ineffective, Says Peterside

Atedo Peterside criticizes CBN’s approach to stabilizing the naira, calling for a more sustainable and market-aligned strategy as the currency hits N1500/$.
Business

Businesses brace as Telcos’ Financial Strain Imperils Network Quality

Telecommunication companies face a mounting financial squeeze, casting a shadow over the reliability of...
Business

Tuggar to Represent Tinubu at US Summit Due to Shettima’s Faulty Jet

After a technical issue with the presidential jet, Minister Yusuf Tuggar will represent President Tinubu at the 2024 US-Africa Business Summit in Dallas.
Business

Wema Bank Cracks Down on Seven Fintech Partners Over Fraud

Wema Bank has suspended seven fintech partners amid rising fraudulent activities, launching an aggressive anti-fraud campaign to safeguard customer transactions and data.
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Politics

ADC Faction Picks Chris Uba as 2027 Presidential Candidate

KEY POINTS A faction of the African Democratic Congress (ADC) has announced businessman Prof....
Politics

Olawepo-Hashim Wins Accord Party 2027 Presidential Ticket

KEY POINTS Dr. Gbenga Olawepo-Hashim has emerged as the Accord Party’s presidential candidate after...
News

Oyo Teachers Begin Indefinite Strike Over Abduction of Colleagues, Pupils

KEY POINTS The Nigeria Union of Teachers (NUT) in Oyo State has ordered an...
News

Tinubu Sends Rescue Team to Oyo After School Abductions

  KEY POINTS President Bola Tinubu has deployed a specialised rescue team and sent top...