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ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings were moved because of security risks. Union accuses management of hiding security concerns from staff and students. The Academic Staff Union of Polytechnics, ASUP, Federal Polytechnic Offa Chapter, has directed all...

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued and taken to hospital. LASEMA urged developers to use certified professionals. A two-storey building undergoing manual demolition has partially collapsed in the Aboru area of Alimosho Local Government Area of Lagos...

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GTCO’s Agbaje built a bank he barely owns

Guaranty Trust Holding Company posted profit before tax of N1.23 trillion and declared its most generous dividend since listing for 2025, giving CEO Segun Agbaje a N410 million gross payout.

Sterling Bank summit targets Nigeria’s transport logistics gap

Sterling Bank CEO Abubakar Suleiman said fixing Nigeria's transport logistics sector requires bold, coordinated execution, not incremental change, at the inaugural NTLS 2026 summit.

Investigation links late Access Bank CEO to 106 London properties

A new investigation into offshore property ownership in London has linked late Access Bank CEO Herbert Wigwe to 106 properties in the British capital held through shell companies.

Lulu-Briggs foundation treats thousands in Rivers

Lulu-Briggs foundation treated over 5,000 people and performed 149 surgeries in Rivers, expanding access to free healthcare in underserved communities.

New loan scheme targets micro businesses

A ₦100 million loan scheme has been launched to support Nigerian micro-entrepreneurs, focusing on women and informal sector businesses.

Nigeria capital importation jumps in 2025

Nigeria capital importation surged in 2025, rising sharply on the back of portfolio investments and increased inflows into the banking sector.

Moniepoint acquires Orda to push into Africa’s food service market

Tosin Eniolorunda's Moniepoint has acquired Orda Africa, embedding cloud-based restaurant management software into its platform to serve Africa's largely offline and underpenetrated food service sector.

Tony Elumelu Foundation deploys $16m to 3,200 entrepreneurs

The Tony Elumelu Foundation has committed $16 million in seed capital to 3,200 African entrepreneurs in its 2026 cohort, adding AI and climate resilience training to the programme for the first time.

The Economist questions whether Dangote’s empire truly innovates

The Economist has questioned whether Dangote's industrial empire truly innovates, noting that most technical and managerial work across his flagship operations relies on foreign expertise.

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...

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.

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.

Latest articles

ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...

NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...

Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...