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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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Rights Group Says Nigeria’s Failure To Act Fuels Repeated School Kidnappings

Armed men raided a Kebbi community and took 25 schoolgirls. Families are waiting for updates as security agencies continue search operations across nearby forests.

Kidnappings Spread Across Kwara, Kebbi and Kano as Raids Intensify

Armed groups raided Kwara, Kebbi and Kano, took twenty people and sparked wider security deployments while families and communities pushed for stronger protection.

South-East Residents Explain Monday Business Shutdowns

South-East residents say ongoing fears and uncertainty still force many businesses to remain closed on Mondays despite efforts to restore normal activity.

Nigeria Students Link Kidnappings to Security Failures

NANS says an internal security collapse is fueling rising school abductions, warning that campuses are becoming prime targets for armed kidnappers.

New Nigerian Tax Law Sets Tougher Penalties

Nigeria’s revised tax law imposes new tax penalties aimed at tightening compliance, reducing evasion and boosting government revenue across key sectors.

Pinnick Blames New Format for Super Eagles’ World Cup Miss

Super Eagles failed to qualify for the World Cup, with Pinnick blaming new qualification format for altering Nigeria’s path and complicating the campaign.

CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.

Nigeria’s Bishops Warn of Rising Security Threats

Catholic bishops raise alarm over Nigeria’s growing insecurity, urging swift government action as communities face escalating violence and instability nationwide.

UNIMAID Graduates Over 20,000 Students

UNIMAID celebrates a major graduation milestone as more than 20,000 students complete academic programs supported by significant federal and state interventions

UN: Terror and Banditry Push Millions in Northern Nigeria Toward Famine

The UN reports a surge in hunger across northern Nigeria as renewed attacks, mass abductions and funding cuts push thousands toward catastrophic, famine level conditions.

Governors Race To Contain Worsening Kidnappings As Schools Shut Across Northern States

Governors across the North and South West prepare new security plans as school closures, kidnapping cases and rising attacks force states to review protection measures.

US Presses Nigeria for Action as Hundreds of Schoolchildren Remain Missing

The US will share intelligence and deepen security cooperation with Nigeria after the Kebbi and Niger school abductions, as hundreds of children remain missing today.

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.