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Court Confirms PDP Convention in Ibadan is Valid

KEY POINTS A court in Ibadan ruled that the PDP’s November 2025 convention was lawful and properly conducted. The judge dismissed objections and ordered INEC to recognize the convention’s decisions unless overturned on appeal. The ruling means any attempt by rival factions to hold...

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4 2024. Agriculture and industry recorded stronger growth compared to the previous year. Services remained the top driver of growth, though its expansion slowed slightly. Nigeria’s economy ended 2025 on a stronger...

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Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.

Nigerian Billionaires Lose Out as TotalEnergies Sells Oil Stake

TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

Nigeria, UAE Sign Landmark Trade Pact, Open Duty Free Access for Thousands of Products

KEY POINTS Nigeria and the UAE signed a Comprehensive Economic Partnership Agreement to deepen...

Terra Industries Raises $11.75 Million to Scale Defense Systems

Terra Industries raised $11.75 million to scale African defense technology, expanding autonomous systems that secure power plants, mines and other critical infrastructure.

Rabiu Nears Rare $10 Billion Wealth Mark in Nigeria

Abdul Samad Rabiu is closing in on the Nigerian $10 billion wealth mark as BUA Cement and BUA Foods rally amid strong earnings and a booming stock market.

CardinalStone Securities Sets NGX Trading Record in 2025

CardinalStone Securities became the first Nigerian broker to exceed ₦2 trillion in annual NGX transactions, capitalising on a historic rally in the equity market.

Afreximbank Backs Nigerian Trader’s Shift Into Gas Infrastructure

Afreximbank has provided $64 million in financing to support Levene Energy’s entry into Nigeria’s gas infrastructure through an Axxela-linked acquisition.

CBN Sees Nigeria Petrol Prices Rising Toward ₦950 in 2026

Nigeria’s central bank says petrol prices could average about ₦950 per litre in 2026, reflecting oil price assumptions, exchange rate trends and refining capacity.

Wale Tinubu Recalls Axxela Bet That Delivered Outsized Returns

Wale Tinubu recalls how a ₦1 million Axxela investment evolved into a $300 million-plus business, highlighting patience and long-term capital in Nigeria’s energy sector.

Dangote’s Fortune Tops $30 Billion as 2026 Rally Begins

Aliko Dangote starts 2026 with a $410 million gain, lifting his net worth to $30.4 billion as cement shares extend a strong rally.

Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria ...

Latest articles

Court Confirms PDP Convention in Ibadan is Valid

KEY POINTS A court in Ibadan ruled that the PDP’s November 2025 convention was...

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4...

Kidnapped Man Goes Blind After Six Months in Captivity

KEY POINTS A kidnapped Nigerian man, Kasimu Wali Tambuwal, says he has gone nearly...

South-South Leaders Back Amaechi for 2027 Presidency

KEY POINTS South-South political leaders say they unanimously support Rotimi Amaechi if he runs...