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75 Nigerians Lose Over N100 Million to Port Harcourt Doctor Who Promised Them Canada

Victims sold property, rented out their homes and borrowed heavily, paying up to N12 million each for Canadian visas that never existed.

March 7, 2026

News

Tinubu Approves Posting of 65 Ambassadors

KEY POINTS President Bola Tinubu has approved the posting of 65 ambassadors to Nigerian diplomatic missions worldwide. The list includes 31 political appointees and 34 career diplomats, with figures such as Reno Omokri, Mahmood Yakubu, and Femi Fani-Kayode among them. The appointments aim to...

March 7, 2026

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Business

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.

January 27, 2026

Business

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.

January 27, 2026

Business

Unilever Nigeria Posts 44 Percent Revenue Growth in Results

Unilever Nigeria reported a 44 percent rise in turnover and a doubling of profit after tax, supported by strong brand demand and operational efficiency.

January 27, 2026

Business

Dangote Refinery Listing Could Double Nigeria Market Value

Bismarck Rewane says a Dangote Refinery listing could more than double Nigeria’s stock market value, marking a defining moment for the Nigerian Exchange.

January 26, 2026

Business

BlackRock Assets Reach $14 Trillion After GIP Deal

BlackRock said assets under management reached $14 trillion after record inflows, underscoring strong demand for its ETFs, cash products and infrastructure investments.

January 26, 2026

Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...

January 21, 2026

Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...

January 20, 2026

Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...

January 20, 2026

Business

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...

January 19, 2026

Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

January 17, 2026

Business

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.

January 17, 2026

Business

Dangote Cement Rewards Top Distributors With ₦15 Billion Gifts

Dangote Cement celebrated its top distributors with ₦15bn in rewards at the 2026 Awards Night, recognising loyalty and highlighting the company’s Vision 2030 growth strategy.

January 16, 2026