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FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers

KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16 years Academic staff to receive a 40% salary review effective January 2026 New allowances and funding commitments target stability and reduced strikes The Federal Government of Nigeria and the Academic Staff...
News

Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out

KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara Total withdrawals rise to four, weakening momentum within the Assembly Lawmakers cite peace, stability and stakeholder intervention as reasons The impeachment effort against Rivers State Governor Siminalayi Fubara and his deputy,...

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Business

First HoldCo Partners With Microsoft to Advance Africa’s Innovation

The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.
Business

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.
Business

Ogbechie’s Eterna Stake Rebounds Above $20 Million

Eterna Plc shares have rebounded sharply on the Nigerian Exchange, lifting Chairman Gabriel Ogbechie’s stake back above $20 million after months of market losses.
Business

2Baba London Airport Altercation Resurfaces

Former manager Kaka Igbokwe confirms the viral London airport arrest video involving 2Baba and Natasha, reigniting widespread debate across social media.
Business

Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.
Business

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.
Business

Access Holdings Seeks Shareholder Backing for New Capital Plan

KEY POINTS Access Holdings capital plan targets N40 billion. The capital move supports regulatory...
Business

Bassim Haidar Buys One Hyde Park Flat at Deep Discount

Bassim Haidar buys a One Hyde Park flat for £42 million, reflecting the ongoing London luxury property slump and distressed high-end sales.
Business

Dangote Signs New Deals to Advance Fertilizer Expansion Plans

Dangote accelerates fertilizer growth with new deals to expand urea capacity in Nigeria and build a major new plant in Ethiopia.
Business

Dangote Pushes Ahead With Major Refinery Expansion in India

Dangote advances a major refinery expansion through fresh India deals, pushing toward energy independence and a stronger fuel supply for Africa.
Business

Mo Dewji Secures AfDB Loan to Expand Tanzania Agro Business

AfDB approves $24.6 million to accelerate MeTL agro-industrial expansion, boosting jobs, exports, and sustainable farming across Tanzania.
Business

Sam Darwish adds $6.7 million as IHS Towers shares surge

Sam Darwish’s IHS Towers growth accelerates as the company’s shares rise, adding $6.7 million to his fortune amid renewed investor confidence.
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News

FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers

KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...
News

Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out

KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...
News

Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC

KEY POINTS Kwankwaso denies backing any plan by Governor Abba Yusuf to leave NNPP ...
Politics

NADECO USA Urges Emergency Rule in Northern Nigeria

NADECO USA has urged President Tinubu to declare a state of emergency in northern Nigeria, citing insecurity and risks to credible elections in 2027.

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