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MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.

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Lagos DPP Drops Charges Against Community Chief Owonla

Lagos DPP dismisses charges against Chief Moruf Owonla, a community leader, following the emergence of new evidence in a land dispute. The evidence confirms Owonla's rightful claim to the land.

 Tinubu Applauds $5M Boost in Foreign Reserves from Gold Transaction

President Tinubu celebrates a $5 million gold transaction, marking a significant milestone in Nigeria's economic diversification under the Renewed Hope Agenda.

US Lawmakers Push for Release of Detained Binance Executive

US lawmakers are pushing for the release of a detained Binance executive, emphasizing the need for fair treatment and transparency in the legal proceedings. The case highlights significant concerns over international regulatory compliance and due process.

Nigerians to Start Using Three-in-One ID Card in August

Nigeria will introduce a three-in-one identity card in August, integrating identity, financial, and social services into a single card, according to NIMC

Outcry Over Governors’ Remarks on Proposed N60,000 Minimum Wage

Nigerians criticize governors for dismissing proposed N60,000 minimum wage as unrealistic, calling the move insensitive amid economic hardships.

Police Defy Governor’s Orders on Deposed Emir

A tense standoff has emerged in Kano, Nigeria, between the police and the governor over the eviction of the deposed Emir. The Emir remains in his residence as the court date approaches.

Nigeria’s Minimum Wage Crisis Deepens: Strike Disrupts Economy

Nigeria's unresolved minimum wage crisis led to a two-day strike, causing significant economic disruptions. Urgent action is needed to prevent further damage.

Nigeria’s Debt Surges by N24.33 Trillion in First Quarter

In the first quarter of 2024, Nigeria's total debt stock rose sharply by N24.33 trillion, reaching N121.67 trillion.

UBETAS’ $550M Project to Boost Nigeria’s Domestic Gas Supply

UBETAS Limited has unveiled a $550 million project to expand Nigeria's domestic gas supply, aiming to boost local production and distribution, enhance energy security, and support economic growth.

Rivers Caretaker Chairmen Take Oaths, Face Locked Council Offices

Newly appointed caretaker committee chairmen in Rivers State, Nigeria, face a unique challenge: locked council offices guarded by police. Despite this hurdle, the chairmen have begun working from temporary locations and outlined development plans. The situation creates uncertainty regarding access to resources and potential disruption to local services.

UNODC Warns of 40% Increase in Africa’s Drug Use by 2030

UNODC projects a 40% rise in Africa's drug use by 2030, urging intensified prevention and asset seizure efforts.

FG Seeks Additional $4.4 Billion Loan as Debt Hits N101 Trillion

Nigeria anticipates fresh loans totaling $4.4 billion to fund development in energy, education, and economic reforms amidst rising national debt.

Latest articles

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.

Dangote Predicts Naira Could Strengthen to N1,100 This Year

Dangote says a stronger naira could reach N1,100 per dollar this year as import controls and domestic production reshape Nigeria’s currency outlook.

CJN Warns Against Corruption Blanket Allegations

CJN cautions against blanket corruption allegations, insisting claims must be evidence-based as 14 new Federal High Court judges take oath.