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Kaduna Woman’s Husband Alleges Police Returned Her to Mob Before Lynching

KEY POINTS The husband of Ummulkhairi Muhammad alleges that a police officer returned his wife to a mob shortly before she was lynched and burnt in Kaduna. He claimed the victim sought refuge at a police station but was allegedly ordered out and handed...

June 24, 2026

News

Police Dismiss Helicopter Relocation Claim on Abducted Oyo Pupils

KEY POINTS Oyo Police have described as false a viral claim that abducted schoolchildren and teachers were flown to Kaduna by helicopter. Security agencies said rescue operations are ongoing and have been intensified to secure the victims’ release. The command warned against spreading unverified...

June 24, 2026

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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.

March 18, 2026

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.

March 18, 2026

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.

March 17, 2026

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.

March 17, 2026

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.

March 17, 2026

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.

March 16, 2026

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.

March 16, 2026

Business

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...

March 16, 2026

Business

Signature Bank hits ₦52 billion, clears CBN recapitalisation bar

Signature Bank has crossed the CBN's recapitalisation threshold, raising its capital base to ₦52 billion through a rights issue and joining banks that have met the new minimum.

March 16, 2026

Business

Tinubu Names Fola Adeola to Lead Petroleum Reform Taskforce

President Tinubu has named Fola Adeola chairman of a new petroleum reform taskforce, giving the panel six months to produce three reform blueprints for Nigeria's energy sector.

March 14, 2026

Business

Anthony Joshua Quits UK for Dubai Despite Iran War

Anthony Joshua has formally relocated to Dubai, with filings for two of his companies confirming the move despite Iranian drone strikes on the UAE.

March 12, 2026

Business

Tantita MD Kestin Pondi Gives $570K to 80 Entrepreneurs

Tantita Security Services MD Kestin Pondi handed out N800 million in business grants to 80 entrepreneurs in Delta State, selected from over 26,000 applications.

March 12, 2026