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Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign worker. The patient is stable, while authorities have activated emergency response and contact tracing. Residents are urged to follow health guidelines to prevent further spread. The Cross River State Ministry of...
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Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour Party chair and dismissed Julius Abure’s appeal. Abure rejected the judgement, insisting his tenure remains valid and calling the caretaker committee He has vowed to take the case to the...

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Dangote Set for N659 Billion Windfall From Cement Dividend

Dangote Cement dividend 2025 of N45 per share positions Aliko Dangote for a N659 billion gross payout following earnings growth.
Business

Seplat Revenue Jumps 144 Percent to $2.73 Billion

Seplat Energy 2025 revenue surged 144% to $2.73 billion as offshore assets boosted production and dividends rose 52 percent.
Business

BUA Cement Triples 2025 Profit to N356 Billion, Lifts Dividend

BUA Cement 2025 profit triples to N356 billion as revenue surpasses N1.179 trillion and board lifts dividend to N10 per share.
Business

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4...
Business

Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.
Business

CAC Says Nigeria Competing Globally in Business Registration

CAC instant business registration system drives surge in incorporations as official calls for stricter crypto oversight.
Business

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.
Business

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.
Business

Court Orders Oriental to Pay Indimi Daughters $43.51 Million

Court orders Oriental Energy to pay $43.51 million to Indimi daughters in a dividend dispute over offshore oil earnings and share ownership.
Business

MTN Nigeria Becomes Most Valuable Firm on NGX

MTN Nigeria market valuation hits $11.2 billion after a 19.45% share rally, overtaking BUA Foods and Dangote Cement on the NGX.
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
Business

Innoson Employs 8,000 Workers as Expansion Accelerates

Innoson expansion to add 2,000 jobs and launch a tractor plant as workforce reaches 8,000 across Nigeria.
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Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign...
News

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour...
News

NAF Airstrikes Hit Sambisa Strongholds, Kill Terrorists and Destroy Key Bases

KEY POINTS Nigerian Air Force carried out precision airstrikes in Sambisa Forest, killing several...
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DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...