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Labour Party Elects Nenadi Usman as National Chair Ahead of 2027 Elections

KEY POINTS Nenadi Usman has been elected as National Chairman of the Labour Party at its convention in Umuahia. Court rulings and INEC recognition resolved leadership disputes, clearing the way for her emergence. She is expected to reposition the party and strengthen its chances...
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Reps Approve Tinubu’s $516 Million Loan for Sokoto–Badagry Super Highway

KEY POINTS The House of Representatives approved President Tinubu’s $516.3 million loan request from Deutsche Bank. Funds will support key sections of the Sokoto–Badagry Super Highway project. The 1,000km road will connect seven states, boosting trade and national connectivity. Nigeria’s House of Representatives has approved...

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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.
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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.
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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.
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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...
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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.
Business

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.
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Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.
Business

Nigeria’s Public Debt Rises to N153.29 Trillion by September 2025

KEY POINTS Nigeria’s public debt reached N153.29 trillion in Q3 2025, rising by N900...
Business

Nigeria Customs Opens 60-Bed Hospital With ASR Africa Grant

Nigeria Customs commissions a 60-bed hospital in Bauchi funded by ASR Africa to expand healthcare access for officers and nearby communities.
Business

Sterling Financial Completes Share Allotment

Sterling Financial share allotment proceeds after oversubscribed N7.00 public offer draws N117.88 billion in investor demand.
Business

Tinubu Order May Add N14.6 Trillion to Federation Account

Executive order may add N14.57 trillion to the Federation Account as oil and gas revenues are redirected from PIA deductions.
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Labour Party Elects Nenadi Usman as National Chair Ahead of 2027 Elections

KEY POINTS Nenadi Usman has been elected as National Chairman of the Labour Party...
News

Reps Approve Tinubu’s $516 Million Loan for Sokoto–Badagry Super Highway

KEY POINTS The House of Representatives approved President Tinubu’s $516.3 million loan request from...
News

Tinubu Leads 2027 Race as Faleke Picks Up APC Presidential Nomination Form

KEY POINTS President Bola Tinubu is the first to obtain the APC presidential nomination...
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APC Aspirant Ajose Accuses Hamzat of Avoiding Primaries, Rejects Consensus Push

KEY POINTS Ajose rejects the APC’s consensus plan, insisting all aspirants must agree before...