HomeNews

News

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.

Keep exploring

Anthony Joshua Considers Retirement After Fatal Car Crash in Nigeria

Joshua may retire from boxing after surviving a fatal crash in Nigeria that killed two close team members.

Nigeria’s Power Sector Spent 2025 Trapped Between Old Debts And A New Power Order

Nigeria’s electricity sector in 2025 was shaped by unpaid GenCo debts and state power ambitions, with little relief for consumers.

Stefolga Group to Focus CSR on Youth, Media and Sports

Stefolga Group says youth-centred CSR initiatives in media and sports will guide its social investments, with Flow FM playing a central role in talent development.

Lagos Police Invite Pastor Over Rape Allegations

Lagos police have invited Pastor Chris Okafor for questioning over rape allegations, ordering a full investigation and promising confidentiality, due process and protection for complainants.

Abia Oil Community Protests Neglect, Installs Interim Leadership

Residents of the Igiriuku oil community in Abia State say years of neglect persist despite crude production, prompting protests and the installation of an interim leadership.

Trump Says One-Third of Nigerian Immigrant Use U.S. Welfare

Trump says Nigerian immigrant welfare data shows one-third of households use public benefits, as tighter visa rules and immigration enforcement reshape U.S. policy.

Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

President Tinubu names Magnus Abe to lead the upstream petroleum regulator, seeking Senate approval for new boards under Nigeria’s reformed oil sector.

CIG Motors Dismisses Director, Refers Case to EFCC

CIG Motors has dismissed an executive director and referred alleged misconduct to the EFCC, while the former official disputes the company’s account of his exit

Lagos Weighs N7Bn Oworonshoki Jetty Project

Lagos State plans a N7bn jetty and housing scheme at Oworonshoki as officials argue infrastructure offers deeper economic value than short-term relief

Nigerian Stocks Gain N2.05 Trillion As Year-End Rally Sustains Momentum

NGX ended 2025 on a high, gaining N2.05 trillion as investors flocked to banking, ICT, and consumer goods stocks.

Manufacturers Seek Refinancing Facility And Policy Support To Boost 2026 Output

Nigeria’s manufacturers push for low-cost refinancing, policy reforms, and targeted support to revive industrial output and competitiveness in 2026.

Nigeria’s Mining Revenue Rises to N70bn As Reforms Begin To Pay Off

Nigeria’s mining sector recorded a sharp revenue rise in 2025 as reforms, enforcement, and new investments reshape the industry.

Latest articles

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.

Court Fixes April 14 for Inquest Into Death of Adichie’s Son

Court sets April 14 to begin inquest into death of Adichie’s son after alleged medical negligence at Lagos hospitals.

Nigeria Pushes Air Cargo Reforms to Boost Non-Oil Exports

FAAN cargo reforms target non-oil exports growth through new terminals and revenue measures as experts debate traffic data and long-term viability.