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Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.

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Anambra Police Arrest 300 Suspected Kidnappers, Rescue 35 Victims

Anambra police confirm 300 arrests, 35 rescues, major arms recoveries, and dismantling of kidnapping syndicates across the state in 2025.

12 Killed, Five Injured, Three Abducted in Plateau Mining Site Attack

Gunmen attack a Plateau mining site, killing 12 miners, injuring five, and abducting three as police launch a manhunt.

EU, Nigeria Move to Deepen Defence and Security Cooperation

The European Union and Nigeria are stepping up defence engagement, widening cooperation beyond military support to address security, governance and long-term stability.

Airtel Africa Strikes Starlink Deal to Expand Satellite Coverage

Airtel Africa’s Starlink deal aims to extend mobile coverage into rural areas, using satellite technology to bypass towers and narrow Africa’s persistent digital divide.

Microsoft Deepens Digital, AI Skills Push in Nigeria

Microsoft is scaling up AI and digital skills training in Nigeria, targeting students, developers and public servants as demand for technology talent accelerates.

TikToker Peller Arrested by Lagos Police Over Reckless Driving

Lagos police arrested TikTok influencer Peller after a reckless driving video sparked outrage, renewing calls for stricter enforcement against dangerous online stunts.

Naira Slides as FX Shortages Grip Official Market

The naira slipped to N1,456 per dollar as FX shortages persisted, keeping pressure on Nigeria’s currency market despite rising external reserves.

Police Deploy Special Forces Nationwide Ahead of NLC Protest

Police deploy tactical units nationwide as NLC protests insecurity and warns of strike if demonstrations face violence.

Aisha Buhari: The Cabal Turned Buhari Against Me, Disrupted His Health Routine

Aisha Buhari claims aides turned her late husband against her and disrupted his nutrition, worsening his health while in office.

Peter Obi: 80% Youth Unemployment Shows Leaders Have Failed Nigeria

Key Points Peter Obi links Nigeria’s 80% youth unemployment rate to leadership failure and...

Workers Face Nigeria’s Worst Survival Crisis, NLC Says

Nigeria’s labour union says inflation, insecurity and weak wages have pushed workers into the harshest survival crisis the country has ever recorded

CardinalStone Seeks $120 Million for West Africa SMEs

CardinalStone is raising a $120 million fund to invest in profitable SMEs across West Africa, betting on mid-market businesses as the region’s next growth engine

Latest articles

Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.

INEC Seeks N873.8 Billion for 2027 Elections

INEC proposes N873.8 billion for the 2027 elections, separating the poll budget from its 2026 spending plan and seeking flexible funding.

FG Lists 15 Million Households for Cash Support

Nigeria says 15 million households are in its Benefit Register for conditional cash transfers, distinct from the broader National Social Register.