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Security Group Warns of Planned Terrorist Attacks in Three Kwara LGAs

KEY POINTS A security group warned of suspected coordinated terrorist attacks targeting Ifelodun, Irepodun and Isin LGAs in Kwara on March 23 and 28. Military and paramilitary personnel, including air surveillance, have been deployed as authorities intensify security operations. Residents were urged to remain...

African Democratic Congress Kicks Off Sale of Nomination Forms Ahead of National Convention

KEY POINTS The African Democratic Congress has begun selling nomination and expression of interest forms for upcoming ward, LGA, state, and national elections. Fees vary by office, with ward forms starting at N2,000 and state chairmanship forms at N500,000; a N50 non-refundable nominator fee...

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Nigeria’s Rising Exports Boost Naira Stability

KEY POINTS Nigeria’s exports rose to 44.06 billion dollars in the first nine months...

Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.

Nigeria’s Capital Importation Surges 75% to $21 Billion in First Ten Months of 2025

KEY POINTS Nigeria’s capital importation soared to $21 billion in the first ten months...

Aiteo Breaks New Ground in Libya as Benedict Peters Expands African Energy Footprint

KEY POINTS Aiteo has won a rare oil exploration license in Libya’s Murzuq Basin...

UTM Offshore Targets 2026 Start for Nigeria FLNG Project

UTM Offshore says construction of the Nigeria FLNG project will start in 2026, unlocking offshore gas reserves with $5 billion in financing secured.

Rainoil Chief Urges Nigeria Pipeline Infrastructure Revival

Rainoil’s Gabriel Ogbechie calls for Nigeria pipeline infrastructure revival and predictable pricing to support efficient fuel distribution and energy sector growth.

UBA Unveils Aggregator Model to Expand RedPay Network

UBA launches Aggregator Sales Structure to scale RedPay POS and agency banking network, targeting stronger partnerships and broader financial inclusion.

UAC of Nigeria Revenue Jumps After C.H.I. Acquisition

UAC of Nigeria earnings climbed in 2025 after its C.H.I. Limited acquisition lifted revenue, with underlying profit rising despite significant one-off costs.

Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.

Lagos Assembly Budgets N55.4bn for Lawmakers’ Quarters, Complex Beautification in 2026

KEY POINTS Lagos Assembly plans to spend N55.4bn in 2026 on lawmakers’ quarters and...

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...

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Security Group Warns of Planned Terrorist Attacks in Three Kwara LGAs

KEY POINTS A security group warned of suspected coordinated terrorist attacks targeting Ifelodun, Irepodun...

African Democratic Congress Kicks Off Sale of Nomination Forms Ahead of National Convention

KEY POINTS The African Democratic Congress has begun selling nomination and expression of interest...

Veteran Actor Abiodun Ayoyinka Rebrands as Bondu Alaska

KEY POINTS Abiodun Ayoyinka has rebranded from “Papa Ajasco” to “Bondu Alaska” due to...

Tinubu Hosts Governors, Pledges Intensified Action Against Insecurity

KEY POINTS President Tinubu pledged intensified efforts against insecurity, engaging international partners for equipment...