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Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.
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Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.

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Nigeria capital importation jumps in 2025

Nigeria capital importation surged in 2025, rising sharply on the back of portfolio investments and increased inflows into the banking sector.
Business

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.
Business

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.
Business

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.
Business

Naira Strengthens to Highest Level Since February

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

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.
Business

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.
Business

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.
Business

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.
Business

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.
Business

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.
Business

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.
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Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.
News

Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.
News

Security forces rescue 176 women and children kidnapped from Kwara’s Woro community

Security forces have rescued 176 women and children who spent six months in captivity after suspected Boko Haram terrorists abducted them from Woro community in Kwara State
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EFCC freezes Osun state statutory allocation account 10 days before governorship election

The EFCC has directed First Bank to place a Post-No-Debit restriction on Osun State's statutory allocation account, 10 days before the August 15 governorship election.