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Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.

Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.

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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.

Tinubu Reforms Deepen Stability, Federal Unity, Bagudu Says

Nigeria’s budget minister says Tinubu’s economic reforms are improving political coordination, stabilising markets and guiding development partnerships despite short-term hardships.

Ex-Nigerian Oil Minister Faces Fresh Bribery Scrutiny in London

Former Nigerian oil minister Diezani Alison-Madueke faces renewed scrutiny in a London bribery trial over alleged luxury spending funded by oil industry figures.

Dangote Names MTN Chief Mupita to Fertiliser Board

Dangote Industries has appointed MTN Group CEO Ralph Mupita to the Dangote Fertiliser board, signalling expansion plans and renewed IPO expectations.

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.

Unilever Nigeria Posts 44 Percent Revenue Growth in Results

Unilever Nigeria reported a 44 percent rise in turnover and a doubling of profit after tax, supported by strong brand demand and operational efficiency.

Dangote Refinery Listing Could Double Nigeria Market Value

Bismarck Rewane says a Dangote Refinery listing could more than double Nigeria’s stock market value, marking a defining moment for the Nigerian Exchange.

BlackRock Assets Reach $14 Trillion After GIP Deal

BlackRock said assets under management reached $14 trillion after record inflows, underscoring strong demand for its ETFs, cash products and infrastructure investments.

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Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.

Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.

Afenifere Criticizes Electoral Act 2026 for Removing Forged Certificate as Ground to Challenge Elections

Afenifere says the Electoral Act 2026 shields candidates with forged certificates and weakens legal grounds for challenging election results.

Nigeria Transporters, Commuters Decry Rising Fuel Prices Amid Middle East War

Transporters and commuters say high petrol prices are worsening hardship, despite reports that Dangote Refinery has reduced its gantry price.