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Borno blast: Two brothers recount narrow escape from deadly Maiduguri attack

Two brothers recount how a traffic delay saved them from Maiduguri bombings that left 23 dead and over 100 injured.

Multiple Explosions Rock Maiduguri, Scores Feared Dead as Key Locations Hit

KEY POINTS Three coordinated explosions hit major locations in Maiduguri, leaving many feared dead and several injured. Security agencies and emergency responders have been deployed, with casualty figures still unconfirmed. Governor Babagana Zulum condemned the attacks and linked them to ongoing military operations against...

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UTM Offshore Targets 2026 Start for Nigeria FLNG Project

UTM Offshore says construction of the Nigeria FLNG project will start in 2026, unlocking offshore gas reserves with $5 billion in financing secured.

Rainoil Chief Urges Nigeria Pipeline Infrastructure Revival

Rainoil’s Gabriel Ogbechie calls for Nigeria pipeline infrastructure revival and predictable pricing to support efficient fuel distribution and energy sector growth.

UBA Unveils Aggregator Model to Expand RedPay Network

UBA launches Aggregator Sales Structure to scale RedPay POS and agency banking network, targeting stronger partnerships and broader financial inclusion.

UAC of Nigeria Revenue Jumps After C.H.I. Acquisition

UAC of Nigeria earnings climbed in 2025 after its C.H.I. Limited acquisition lifted revenue, with underlying profit rising despite significant one-off costs.

Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.

Lagos Assembly Budgets N55.4bn for Lawmakers’ Quarters, Complex Beautification in 2026

KEY POINTS Lagos Assembly plans to spend N55.4bn in 2026 on lawmakers’ quarters and...

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...

World Bank Says Nigeria Portfolio Tops $16bn as Global Operations Chief Begins Country Visit

KEY POINTS World Bank says its active development projects and lending in Nigeria now...

Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly

KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...

May & Baker Returns to Profit as TY Danjuma Family Maintains Control

KEY POINTS May & Baker Nigeria Plc returned to profit in Q4 2025, recording...

BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

Nigerian Business Leader Adekunle Ojora Dies at 93

Nigerian business leader Adekunle Ojora has died at 93, closing a decades-long career that shaped corporate Nigeria and post-independence enterprise.

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Borno blast: Two brothers recount narrow escape from deadly Maiduguri attack

Two brothers recount how a traffic delay saved them from Maiduguri bombings that left 23 dead and over 100 injured.

Multiple Explosions Rock Maiduguri, Scores Feared Dead as Key Locations Hit

KEY POINTS Three coordinated explosions hit major locations in Maiduguri, leaving many feared dead...

Tinubu Swears in Taiwo Oyedele as Minister of State for Finance

KEY POINTS President Bola Tinubu swore in Taiwo Oyedele as Minister of State for...

Abuja–Kaduna Train Derails After Collision, Several Passengers Injured

KEY POINTS An Abuja–Kaduna train derailed near Asham after a collision, leaving several passengers...