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Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly

KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira in Q4 2024. Net loss narrowed slightly to 7.31 billion naira, with loss per share improving. Results reflect ongoing volatility and structural pressures in offshore logistics tied to oil and...
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Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars compensation fund meant for community development. Peaceful protest held in Bori, with calls to stop alleged illegal oil exploration in Lekuma communities. Group threatens wider protests and issues 14-day ultimatum...

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Lagos Waterfront Demolition Leaves Oworonshoki Families Homeless, Desperate

Hundreds of Oworonshoki residents remain homeless after a midnight demolition left families struggling to survive in open fields.
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Nigeria’s Service Chiefs Outline Plans To Tackle Security Challenges

Nigeria’s new military leaders outlined clear plans to strengthen internal security and called for reforms in the police system.
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Nigeria Faces Rising Cyber Threats as Microsoft Warns of Attacks

Microsoft’s latest report warns that Nigeria faces rising AI-powered cyber attacks targeting critical sectors, urging immediate cybersecurity reforms and stronger international cooperation.
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10 Best Forex Brokers in Africa for 2025 — Billionaires Africa

According to Billionaires Africa, forex trading in Africa is growing fast. Here are the 10 best forex brokers in Africa offering trusted access and regulation.
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BUA Cement Profit Hits $200 Million in Nine Months

BUA Cement profit hit $200 million in nine months of 2025, driven by higher cement prices and strong cost management under Abdul Samad Rabiu
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Petr Valov: The Quiet Force Behind Exness’s $5 Trillion Trading Empire

Petr Valov turned a coding project into Exness, a global trading giant moving trillions of dollars each month
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Reps Raise Alarm Over Terrorists Threats To Bomb National Assembly

Reps reveal terrorist threats to bomb the National Assembly and propose a bill to improve security at Nigeria’s legislature.
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Dangote Plans $5 Billion Lagos Refinery Expansion To Boost Fuel Supply

Aliko Dangote plans to raise $5 billion to expand his Lagos refinery and boost Nigeria’s energy supply.
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Nigeria, Nordic Nations Deepen Energy and Tech Ties

Nigeria and Nordic countries sign new partnerships to drive digital innovation, renewable energy, and sustainable growth across multiple sectors.
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Nigeria Prioritizes Livestock Industry to Boost Food Security

Minister Abubakar Kyari says developing Nigeria’s livestock industry is crucial for food security, job creation, and rural economic growth.
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Nigeria Gas Marketers Eye 6m-Tonne LPG Supply, Price Drop

Gas marketers project Nigeria’s LPG supply to reach 6 million tonnes by 2025, expecting a price drop as output expands.
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UNILAG Restricts Skitmaking and Content Creation on Campus

UNILAG skitmaking ban prohibits unauthorised filming and digital content creation, citing privacy and institutional integrity concerns.
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Business

Caverton Q4 Revenue Slides Sharply as Losses Narrow Slightly

KEY POINTS Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira...
News

Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...
News

Abuja Singer Nanyah Dies After Snake Bite as Search for Anti-Venom Proves Unsuccessful

KEY POINTS Abuja-based singer Ifunanya “Nanyah” Nwangene died after a snake bite and difficulty...
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Nigerian Troops Kill Boko Haram Deputy Commander Abu Khalid, 10 Others in Borno Night Raid

KEY POINTS Nigerian troops killed Boko Haram deputy commander Abu Khalid and 10 other...

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