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Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. He cited his intention to contest the Oyo State governorship and comply with electoral laws. His exit marks a significant development ahead of upcoming elections in the state. Nigeria’s Minister of...
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FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing states getting ₦120.759 billion derivation. The finance minister chaired his first FAAC meeting, marking another ₦2 trillion-plus distribution this year. Statutory revenue increased, but VAT and key oil-related revenues recorded...

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West Africa Loses Billions to Trade Barriers Along Lagos-Abidjan Highway

The Lagos-Abidjan highway, a 1,028-km road project that aims to connect five coastal countries...
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Lagos Launches Agro-Processing Centres to Boost Food Security

The Lagos State government has inaugurated two agro-processing centers in Ikorodu Local Government Area...
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AITEO Innovates, Aiming Higher Oil Output for Nigeria

Nigeria's oil giant, AITEO, has initiated a unique crude oil transport method. This strategic...
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Naira Strengthens Against Dollar as P2P Market Booms

The Nigerian currency, the naira, has appreciated against the US dollar in the peer-to-peer...
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dLocal, ACE Money Transfer Partner to Facilitate Instant, Convenient Remittances in APAC, EMEA

As trusted payout partners, dLocal and ACE Money Transfer are providing fast, secure, and...
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Patricia Customers to Get Their Money Back Despite Escrow Partner’s Exit

Patricia Technologies, a Nigerian crypto trading company, has assured its customers that it will...
Business

FHS Leads Ghana’s COVID Fight with Innovation

In the face of the global pandemic's unprecedented challenges, Ghana demonstrated remarkable resilience, not...
Business

MTN Nigeria Ordered to Pay $72.5 Million Tax Fine by Lagos Tribunal

In a significant ruling, the Lagos State Division of the Tax Appeal Tribunal has...
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How Enugu State Attracts Indonesian Investors

Nigeria and Indonesia are set to boost their trade and investment relations, as the...
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Lagos Traders Protest Market Shutdown by Waste Agency

Lagos, Nigeria - Thousands of traders at the Lagos International Trade Fair Complex staged...
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FHS Denies Corruption Claims, Defends Airport COVID-19 Testing Integrity

Frontiers Healthcare Services (FHS) refuted corruption allegations surrounding its role in the Airport COVID-19...
Business

Frontiers Healthcare Services Shoots Down Corruption Allegations, Issues Disclaimer

Following the recent media reporting of allegations of wrongdoing raised against Frontiers Healthcare Services...
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Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. ...
News

FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing...
News

Senate Orders Full Probe Into Boko Haram Attacks on Military Bases in Borno

KEY POINTS The Senate ordered a full military audit following deadly attacks on bases...
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Court Orders DSS to Detain Six Suspects Over Alleged Terrorism in Abuja

KEY POINTS Six defendants were arraigned in Abuja on a 13-count charge of alleged...