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Court Adjourns El-Rufai Fraud Case to March 31 as Ex-Kaduna Governor Files Bail Application

KEY POINTS A Federal High Court in Kaduna adjourned Nasir El-Rufai’s alleged fraud case to March 31 to hear pending applications, including his bail request. Peter Obi condemned the reported arrest of a Kaduna cleric, warning that such actions threaten democracy and freedom of...
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Labour Party Signals 2027 Presidential Ticket Will Emerge from Southern Nigeria

KEY POINTS Labour Party initially indicated its 2027 presidential ticket would be zoned to Southern Nigeria. Party later clarified no formal zoning, reaffirming a competitive and democratic candidate selection process. LP has set May 23 for its presidential primary as it prepares for the...

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Business

Tinubu’s Reforms End FX Scarcity, Boost Investor Confidence — Elumelu

KEY POINTS Elumelu says Tinubu’s reforms and central bank policies have effectively ended Nigeria’s...
Business

Nigeria’s Rising Exports Boost Naira Stability

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

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.
Business

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.
Business

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...
Business

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...
Business

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.
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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.
Business

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.
Business

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.
Business

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.
Business

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...
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Court Adjourns El-Rufai Fraud Case to March 31 as Ex-Kaduna Governor Files Bail Application

KEY POINTS A Federal High Court in Kaduna adjourned Nasir El-Rufai’s alleged fraud case...
News

Labour Party Signals 2027 Presidential Ticket Will Emerge from Southern Nigeria

KEY POINTS Labour Party initially indicated its 2027 presidential ticket would be zoned to...
News

Power Minister Adebayo Adelabu Apologises to Nigerians Over Persistent Outages

KEY POINTS Power Minister Adebayo Adelabu apologises for widespread electricity outages affecting homes, businesses,...
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Nigeria, Finland Sign MoU to Boost Digitalisation

KEY POINTS Nigeria and Finland sign a MoU to enhance digitalisation, innovation, cybersecurity, and...

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