KEY POINTS
Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira in Q4 2024.
Net loss narrowed slightly to 7.31 billion naira, with loss per share improving.
Results reflect ongoing volatility and structural pressures in offshore logistics tied to oil and...
KEY POINTS
Ogoni group demands investigation into alleged diversion of a 300 million dollars compensation fund meant for community development.
Peaceful protest held in Bori, with calls to stop alleged illegal oil exploration in Lekuma communities.
Group threatens wider protests and issues 14-day ultimatum...
Nigerians in the U.S. retreat from work and public life as intensified immigration raids fuel fear, deaths in custody mount, and self-deportation becomes a growing consideration.
Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.
Linkage Assurance posted a 24 percent rise in insurance revenue in 2025, supported by underwriting growth, reinsurance optimisation and improved profitability across core operations.
Nigeria’s pension regulator has approved a sharp increase in NSITF pensions, lifting monthly payouts and clearing years of arrears for more than 2,000 retirees.
Nigeria’s Air Force is investigating reports that a military aircraft killed two civilians in Kurigi, Niger State, during an operation against bandits.
Unicross has postponed its 24th matriculation ceremony indefinitely due to student protests over high gown fees and rising school charges, compounded by staff union actions.
JAMB says students already in universities may register for the 2026 UTME, provided they disclose their matriculation status and comply with admission regulations.