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BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
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Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.

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Kebbi Crisis: Residents Loot Warehouses Amid Economic Hardship

In Kebbi State, a dire economic crisis prompts residents to raid government and private warehouses at night, seizing food amidst rising living costs.
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Northern Nigeria’s Right to Oil: Bugaje’s Bold Assertion

Dr. Usman Bugaje sparks debate with his controversial stance on oil ownership, arguing geographical landmass grants the North rights to Nigeria's oil wealth.
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Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.
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Tinubu Set to Attend Senegalese President’s Inauguration

In a gesture underscoring diplomatic relations and regional cooperation, Nigerian political heavyweight Bola Tinubu...
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Israeli Forces Exit Gaza’s Biggest Hospital

Israeli forces concluded their two-week operation at Al-Shifa, the largest hospital in Gaza, leaving...
Business

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.
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Nigeria Wastes Gas Equivalent to Powering 4 Million Homes Amid Power Outages

LAGOS – Nigeria, Africa’s largest economy, is burning off vast quantities of natural gas...
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Nigerian Drug Bust Nets Traffickers, NDLEA Rejects Bribe Attempt

The National Drug Law Enforcement Agency (NDLEA) of Nigeria has had a busy week,...
Society

Online Shopping Scams: A Growing Threat in Nigeria

Fraudulent online sellers are undermining Nigeria's e-commerce, deceiving buyers and tarnishing genuine retailers. Learn how to spot and avoid these scams.
News

Why CBN Excluded Retained Earnings in Its Recapitalization Terms

In a move aimed at bolstering the stability of Nigeria's banking sector, the Central...
News

Ebonyi PDP Rebuilds After Defections, Vows Stronger Return

Ebonyi PDP Unfazed by Departures, Emphasizes Rebuilding and Re-strategizing The Peoples Democratic Party (PDP) chapter...
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Kebbi Governor Calls for Review of Revenue Sharing Formula

Governor Nasir Idris of Kebbi state has reignited the national conversation on Nigerian federalism,...
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BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
News

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.
News

Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.
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Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.

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