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Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.

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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

Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.

EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.

Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election

Alakija Donates $23 Million Teaching Hospital to Osun University

Nigeria’s richest woman donates a $23 million teaching hospital to Osun State University, expanding medical training, specialist care, and healthcare infrastructure capacity

Festive Season Pressure Sends Nigeria’s Inflation to Four-Month High

Nigeria’s November inflation climbed month-on-month as festive demand and insecurity lifted food prices, despite easing annual inflation trends.

Dangote Lowers Petrol Prices, Fuel Importers Face Billions in Losses

Dangote’s petrol price cut has triggered a price war, cutting pump prices but causing huge losses for importers and fuel marketers.

US Embassy Warns Nigerians of Permanent Bans Over Visa Fraud

The US Embassy in Abuja warns Nigerians that visa fraud, false claims or fake documents can result in permanent bans under US law.

Umahi Says Southeast Integration Makes Biafra Calls Obsolete

Works Minister David Umahi says federal infrastructure investment under President Tinubu has reintegrated the Southeast, making renewed Biafra agitation unnecessary.

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Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.

75 Nigerians Lose Over N100 Million to Port Harcourt Doctor Who Promised Them Canada

Victims sold property, rented out their homes and borrowed heavily, paying up to N12 million each for Canadian visas that never existed.

Cross River Sports Forms 2027 Support Group for Tinubu, Otu

Cross River State's Sports Commission has set up a grassroots political support group, tasking its members and 18 LGA coordinators with rallying votes for President Tinubu and Governor Bassey Otu in 2027.