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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

Nigeria Launches Five Power Projects, Boosts National Grid Capacity

Minister Adelabu inaugurates five power projects under PPI, partnering with Siemens and Germany, to significantly improve Nigeria's electricity supply.
Business

Urgent Call for Action as Lagos Faces Maritime Safety Crisis

NIWA reports 75% of Lagos boats unseaworthy, demanding immediate action for maritime safety and stricter boat maintenance standards.
Business

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
Business

Telecoms FDI Plunges $322.8M in Nigeria, NBS Reports Decline

In 2023, Nigeria's telecom sector faced a significant FDI decrease of $322.8 million, reflecting challenges in attracting foreign investments for the country's digital infrastructure, NBS data reveals.
Business

Nigeria May Import Cement to Curb Price Hike

    Nigeria’s government has warned that it may resort to importing cement if the local...
Business

Strategic Moves Ahead as Banks Gear Up for a $1 Trillion

Nigerian banks set to navigate a transformative recapitalization journey, aligning with CBN's vision for a robust $1 trillion economy.
Business

Nigerian Breweries Plunges into Loss as Naira Crashes

Nigerian Breweries Plc, the country’s leading beer maker, posted a net loss of N106.3...
Business

IMF Boosts Nigeria with $65 Billion Amid Rising Food Crisis

The IMF allocates $65 billion to Nigeria, spotlighting the urgent need for subsidy reforms amidst escalating food insecurity affecting millions.
Business

Tinubu Vows to Revolutionize Agriculture for Nigeria’s Self-Sufficiency in Food Production

President Tinubu commits to transforming Nigeria's agriculture to achieve food self-sufficiency and boost economic growth through strategic investments.
Business

Access Holdings Plc to Appoint Acting CEO After Wigwe’s Tragic Demise

Access Holdings Plc responds to CEO Herbert Wigwe's tragic demise, plans seamless leadership transition with appointment of interim CEO.
Business

Airlines Face Collapse as Aviation Fuel Hits N1,300 Per Litre

Airlines face crisis as aviation fuel prices hit record highs, prompting calls for urgent government action to prevent industry collapse.
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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...