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Nigerian troops rescue 363 victims, kill 69 terrorists in one week, DHQ says

Nigerian troops rescued 363 kidnapped victims, killed 69 terrorists and arrested 49 suspects during a week of land, air and sea operations, DHQ says.
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Two Nigerian women held in India over N380m cocaine seizure

Railway police in Delhi have detained two Nigerian women after seizing 2.28 kilograms of cocaine worth about N380 million, allegedly tied to interstate trafficking.

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Business

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.
Business

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.
Business

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.
Business

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.
Business

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...
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.
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.
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.
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.
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.
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.
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.
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Nigerian troops rescue 363 victims, kill 69 terrorists in one week, DHQ says

Nigerian troops rescued 363 kidnapped victims, killed 69 terrorists and arrested 49 suspects during a week of land, air and sea operations, DHQ says.
News

Two Nigerian women held in India over N380m cocaine seizure

Railway police in Delhi have detained two Nigerian women after seizing 2.28 kilograms of cocaine worth about N380 million, allegedly tied to interstate trafficking.
News

Nigeria, Benin Strengthen Defence Ties, Plan Joint Action Against Cross-Border Threats

KEY POINTS Nigeria, Benin deepen defence cooperation against cross-border threats. Both countries strengthen intelligence...
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DSS Arrests Three More Suspects Linked to Kidnap of Nasarawa University Professor

KEY POINTS DSS arrests three more suspects linked to the kidnapping of Nasarawa varsity...