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Police arrest seven suspected kidnappers and recover body of Abuja victim abducted in August

Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
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Access, UBA, Fidelity H1 Results Stuck as CBN Steps Up Scrutiny of Banks’ Asset-Quality

The publication of audited Half-Year (H1) 2026 financial statements for top Tier-1 and Tier-2 lenders notably Access Holdings Plc, United Bank for Africa (UBA) and Fidelity Bank Plc remains in limbo as the Central Bank of Nigeria (CBN) steps up oversight of commercial banks’...

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Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.
Business

MTN and Airtel Make a Strong Comeback

MTN Nigeria and Airtel Africa, two of Nigeria's leading telecommunications companies, are charting a...
Business

US Crude Supplies 30% of Dangote Refinery Feedstock

Dangote Refinery sources 30% of its crude from the US, emphasizing global energy market connections.
Business

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.
Business

Lagos Market Traders Struggle Without Amenities: A Call for Change

Approximately 2,000 women who trade in Mushin and Oyingbo markets, Lagos State’s bustling commercial...
Business

Morocco, South Africa, Egypt Dwarf Nigeria’s $210M Auto Industry

Nigeria’s $210 million automotive industry struggles due to low demand and reliance on imported cars.
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
Business

Dangote-NNPC Dispute Hurts Nigeria’s Global Image, Adesina Warns

Adesina warns the Dangote-NNPC dispute harms Nigeria's global image and investment climate, stressing the importance of supporting local industries for economic growth.
Business

UAE Denies $10k Bank Balance, N640k Fee for Nigerian Visa Applicants

UAE denies $10,000 bank balance and N640,000 fee for Nigerian visa applicants, clarifying actual requirements and easing travel concerns.
Business

9mobile Ushers in New Era, Appoints Obafemi Banigbe as CEO

Obafemi Banigbe takes the helm as 9mobile's CEO, pledging to drive innovation and growth in the Nigerian telecoms operations.
Business

Kaduna Electric Raises Band A Electricity Tariffs to N209.5/KWh

Kaduna Electric raises Band A electricity rates, prompting discussions and protests over energy costs in Nigeria.
Business

Dangote Criticizes CBN High Interest Rates, Calls for Policy Reforms

Aliko Dangote addresses stifling interest rates and the need for supportive policies to boost Nigeria’s manufacturing and economic potential.
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Police arrest seven suspected kidnappers and recover body of Abuja victim abducted in August

Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
News

Access, UBA, Fidelity H1 Results Stuck as CBN Steps Up Scrutiny of Banks’ Asset-Quality

The publication of audited Half-Year (H1) 2026 financial statements for top Tier-1 and Tier-2...
News

Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
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Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...