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Gbenga Daniel says Ijebu Remo State Bid Near Agreement as Talks Intensify in Ogun

KEY POINTS • Daniel says lawmakers are nearing agreement on the proposed Ijebu Remo state• Unity between Ijebu and Remo communities seen as key to National Assembly approval• Talks ongoing on the proposed state name and capital Gbenga Daniel, a former governor of Ogun State and...
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Video of Olubadan Declining Alaafin Handshake Sparks Fresh Debate Over Yoruba Traditional Hierarchy

KEY POINTS • Viral footage from an Ibadan event shows the Olubadan ignoring a handshake offered by the Alaafin• Ibadan traditional leaders describe the gesture as disrespectful and warn against repeat incidents• Governor Seyi Makinde has not commented directly on the controversy A short conversation between...

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Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.
Business

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.
Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.
Business

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...
Business

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.
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Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.
Business

Moniepoint Raises $90 Million to Boost Global Expansion

Moniepoint raises $90 million to expand across Africa and Europe, strengthening its position as a leading force in African fintech innovation.
Business

Johnvents Launches ₦100 Billion Paper for Cocoa Expansion

Johnvents launches ₦100 billion commercial paper to expand cocoa processing, deepen exports, and strengthen Nigeria’s agribusiness capacity.
Business

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.
Business

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays
Business

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.
Business

Stanbic IBTC Backs UAC’s Full Takeover of CHI Limited

Stanbic IBTC backs UAC’s CHI Limited acquisition in a landmark deal set to reshape Nigeria’s fast-moving consumer goods market.
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Gbenga Daniel says Ijebu Remo State Bid Near Agreement as Talks Intensify in Ogun

KEY POINTS • Daniel says lawmakers are nearing agreement on the proposed Ijebu Remo state•...
News

Video of Olubadan Declining Alaafin Handshake Sparks Fresh Debate Over Yoruba Traditional Hierarchy

KEY POINTS • Viral footage from an Ibadan event shows the Olubadan ignoring a handshake...
News

New Awujale to Emerge Within a Month as Ijebu Ruling House Screens 86 Nominees

KEY POINTS Fusengbuwa Ruling House says screening of 86 nominees for Awujale has been...
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Nigeria DisCos Collected N210 Billion in October, NERC Says

Nigeria’s DisCos collected N210 billion in October 2025, according to NERC, as billing gaps and subsidies continued to weigh on electricity sector finances.

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