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Kwara kidnap victims beg for rescue in new video, say they’ve been held since February

A new video shows Kwara State kidnap victims, gaunt and exhausted, pleading directly to state governments for rescue more than two months after their abduction.
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Catholic diocese says 24 killed in Easter Sunday attack on Kebbi village, contradicts police count

The Catholic Diocese of Kontagora says 24 people were killed in an Easter Sunday attack on a Kebbi village, six times the number police initially confirmed.

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Business

Nigeria Crude Oil Production Rises 5.8 percent to 1.64mbpd

Nigeria crude oil production reaches 1.64mbpd in 2025, with indigenous producers accounting for more than half of total output.
Business

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.
Business

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.
Business

Dangote Predicts Naira Could Strengthen to N1,100 This Year

Dangote says a stronger naira could reach N1,100 per dollar this year as import controls and domestic production reshape Nigeria’s currency outlook.
Business

Nigeria’s Inflation Rate Dips Slightly to 15.1%

KEY POINTS Nigeria’s inflation rate edged down to 15.1 percent in January 2026, showing...
Business

Dangote Signs $400 Million XCMG Deal to Expand Refinery

Dangote signs a $400 million equipment deal with XCMG to accelerate refinery expansion and boost petrochemical and fertilizer production capacity in Nigeria.
Business

Flutterwave CEO Backs Terra Industries in $22 Million Funding

Terra Industries funding hits $34 million as Flutterwave CEO Olugbenga Agboola backs the Nigerian defense tech startup’s African and Saudi expansion plans.
Business

Abdul Samad Rabiu Climbs to Africa’s Fourth Richest

Abdul Samad Rabiu net worth reaches $11.3 billion, lifting the Nigerian industrialist to fourth richest in Africa on the Bloomberg Billionaires Index.
Business

Globacom Pledges N1 Billion to Lagos Security Trust Fund

Globacom commits N1 billion to the Lagos State Security Trust Fund to support surveillance expansion and emergency response improvements in Nigeria’s largest city.
Business

Eno Defends Akwa Ibom Oil Wells Claim

Governor Umo Eno defends Akwa Ibom oil wells ownership, citing Supreme Court rulings amid renewed Cross River revenue claims.
Business

Tinubu’s Reforms End FX Scarcity, Boost Investor Confidence — Elumelu

KEY POINTS Elumelu says Tinubu’s reforms and central bank policies have effectively ended Nigeria’s...
Business

Nigeria’s Rising Exports Boost Naira Stability

KEY POINTS Nigeria’s exports rose to 44.06 billion dollars in the first nine months...
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Kwara kidnap victims beg for rescue in new video, say they’ve been held since February

A new video shows Kwara State kidnap victims, gaunt and exhausted, pleading directly to state governments for rescue more than two months after their abduction.
News

Catholic diocese says 24 killed in Easter Sunday attack on Kebbi village, contradicts police count

The Catholic Diocese of Kontagora says 24 people were killed in an Easter Sunday attack on a Kebbi village, six times the number police initially confirmed.
News

Nigeria’s rent crisis: Families flee cities as landlords double, triple prices with no warning

Across Nigeria's major cities, families are being priced out of their homes by rent hikes that sometimes double overnight, with little legal protection.
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Nigeria’s 63 percent poverty rate defies inflation easing

Nigeria's poverty rate climbed to 63 percent in 2025 even as inflation declined sharply, the World Bank said in its April 2026 Nigeria Development Update.