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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.
Business

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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Fubara Promises Port Harcourt Ring Road Will Be Ready This Year

KEY POINTS Governor Fubara says the 50km+ Port Harcourt Ring Road will be completed...
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Nigerian Killed in South Africa: Consulate Calls for Calm, Urges Community to Seek Justice Lawfully

KEY POINTS A Nigerian man, Emeka Clement Uzor, was killed in Johannesburg, prompting strong...
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Tinubu Vows to Crush Terrorism, Banditry as Security Tops Agenda at NEC Conference

KEY POINTS President Tinubu has vowed to defeat terrorism and banditry, describing insecurity as...
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Diezani Alison-Madueke’s Bribery Trial Continues in London Over Alleged Oil Contract Kickbacks

KEY POINTS Diezani Alison-Madueke’s bribery and corruption trial is ongoing in London over alleged...
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Access Bank Honours Herbert Wigwe and Family Two Years After Tragic Passing

KEY POINTS Access Bank has honoured the memory of its former Group Managing Director,...
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Nigeria Reopens Kebbi Borders, Releasing 2,000 Stranded Trucks

Kebbi border reopening frees over 2,000 trucks stranded at Nigeria’s borders with Benin and Niger, restoring cross-border trade and easing supply disruptions.
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Nigeria Targets Q2 2026 for Cabotage Fund Release

Nigeria targets a Q2 2026 rollout of the Cabotage Vessel Financing Fund as NIMASA reforms lending rules to boost indigenous shipping capacity.
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Nigeria’s Corporate Registry Processes 10,000 Daily Filings

CAC business registration has surged to about 10,000 daily filings as Nigeria’s corporate registry completes its shift to a fully digital platform.
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Nigerian Army Finds Explosives Hidden in Abia Forest

KEY POINTS  Nigerian Army troops discovered two homemade explosive devices in Umuchinma forest, Abia...
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Appeal Court Upholds Natasha Akpoti’s Suspension

KEY POINTS Appeal Court ruled that the Senate lawfully suspended Natasha Akpoti-Uduaghan Court upheld...
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Borno Police Officer Returns N2.6 Million Sent to Him by Mistake

KEY POINTS • Borno police officer returned N2.6 million sent to his account in error•...
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Court Adjourns Murder Trial of Arise TV Anchor

KEY POINTS The murder trial of Arise TV anchor Somtochukwu Maduagwu and a security...
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Business

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.
Business

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.
News

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.
News

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.

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