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Taiwo Afolabi ties SIFAX to Nigerian Navy on maritime security

SIFAX Group chairman Taiwo Afolabi has formalised a security partnership with the Nigerian Navy, opening the conglomerate's infrastructure to naval intelligence operations along Lagos shipping lanes.

BUA Cement drives N649 billion surge on Nigerian Exchange

BUA Cement spearheaded a N649 billion surge on the Nigerian Exchange, reversing a two-day losing streak as investors returned conviction buying to blue-chip names after full-year 2025 results.

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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.

Explaining Nigeria’s New Tax Laws And What Changes In 2026

Nigeria’s new tax laws take effect in 2026, reshaping income tax, business levies, bank transfers, and compliance nationwide.

Tinubu Meets Rwanda’s Kagame in Paris

KEY POINTS President Bola Tinubu held a private lunch meeting with Rwandan President Paul...

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Taiwo Afolabi ties SIFAX to Nigerian Navy on maritime security

SIFAX Group chairman Taiwo Afolabi has formalised a security partnership with the Nigerian Navy, opening the conglomerate's infrastructure to naval intelligence operations along Lagos shipping lanes.

BUA Cement drives N649 billion surge on Nigerian Exchange

BUA Cement spearheaded a N649 billion surge on the Nigerian Exchange, reversing a two-day losing streak as investors returned conviction buying to blue-chip names after full-year 2025 results.

Boko Haram Launches Midnight Attack on Military Outpost in Maiduguri

KEY POINTS Suspected Boko Haram insurgents attacked a military outpost in Ajilari near Maiduguri...

Nigerian Breweries, Guinness Raise Product Prices as Rising Costs Bite

KEY POINTS Nigerian Breweries Plc and Guinness Nigeria have announced price increases on selected...