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NYSC gets civilian leadership and new uniform in sweeping reform

Nigeria has approved a sweeping NYSC reform, replacing military with civilian leadership and adding a new uniform, technology-driven operations and a stronger focus on skills.

Open defecation returns to Cross River five years after COVID setback

Open defecation has surged back across Cross River five years after COVID stalled the state's sanitation drive, leaving 90 percent of rural homes without toilets.

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Moniepoint acquires Orda to push into Africa’s food service market

Tosin Eniolorunda's Moniepoint has acquired Orda Africa, embedding cloud-based restaurant management software into its platform to serve Africa's largely offline and underpenetrated food service sector.

Tony Elumelu Foundation deploys $16m to 3,200 entrepreneurs

The Tony Elumelu Foundation has committed $16 million in seed capital to 3,200 African entrepreneurs in its 2026 cohort, adding AI and climate resilience training to the programme for the first time.

The Economist questions whether Dangote’s empire truly innovates

The Economist has questioned whether Dangote's industrial empire truly innovates, noting that most technical and managerial work across his flagship operations relies on foreign expertise.

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...

Dangote refinery supplies 92 percent of Nigeria’s petrol in February

Dangote Refinery covered 92 percent of Nigeria's petrol demand in February 2026, with imports accounting for just 8 percent of total daily supply for the first time on record.

Nigeria textile exports crash 55 percent as imports hit N1.06trn

Nigeria's textile exports dropped 55.25 percent to N16.55 billion in 2025 as imports climbed 46 percent to N1.06 trillion, widening an already severe trade imbalance in the sector.

Fuel vessels arrive Lagos as petrol prices top N1,200

Vessels carrying 129,000 metric tonnes of petrol and diesel are arriving at Lagos ports between March 14 and 17 as Nigerians contend with fuel prices above N1,200 per litre.

MTN lifts dividend 45 percent after Nigeria, Ghana profit rebound

MTN Group declared a 45 percent dividend increase to R5 per share after headline earnings per share jumped more than tenfold, led by strong recoveries in Nigeria and Ghana.

Dangote seals gas deal with China’s GCL for Ethiopia plant

Dangote Industries and China's GCL Group have formalised a $4.2 billion, 25-year gas supply deal to power what will become East Africa's largest fertilizer production complex.

Taiwo Afolabi ties SIFAX to Nigerian Navy on maritime security

SIFAX Group chairman Taiwo Afolabi has formalised a security partnership with the Nigerian Navy, opening the conglomerate's infrastructure to naval intelligence operations along Lagos shipping lanes.

BUA Cement drives N649 billion surge on Nigerian Exchange

BUA Cement spearheaded a N649 billion surge on the Nigerian Exchange, reversing a two-day losing streak as investors returned conviction buying to blue-chip names after full-year 2025 results.

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...

Latest articles

NYSC gets civilian leadership and new uniform in sweeping reform

Nigeria has approved a sweeping NYSC reform, replacing military with civilian leadership and adding a new uniform, technology-driven operations and a stronger focus on skills.

Open defecation returns to Cross River five years after COVID setback

Open defecation has surged back across Cross River five years after COVID stalled the state's sanitation drive, leaving 90 percent of rural homes without toilets.

Boko Haram disguised as soldiers to abduct Borno NECO candidates, source says

Suspected Boko Haram terrorists in soldier and Forest Guard uniforms abducted NECO candidates and a teacher in Lassa, Borno, minutes after troops left their post.

Army declares 104 soldiers missing after Boko Haram attack on Borno base

More than 104 Nigerian soldiers have been unaccounted for since a June 5 attack on their Borno base, and the Army now calls them deserters.