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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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Nigerian Navy Rescues Crew From Distressed Vessel

The Nigerian Navy rescued 10 crew members from MV SEMA III, reinforcing maritime safety and demonstrating rapid response capabilities along Nigeria’s southeastern coastal waters

Cosmas Maduka Says Coscharis Could Make Him Worth $5 Billion if Listed

Cosmas Maduka says his Coscharis Group could make him worth $5 billion if listed, after 50 years of business growth.

PFN, Islamic Council Clash Over Claims of Christian Genocide in Nigeria

PFN and Islamic Council clash over claims of Christian genocide as Trump’s remarks spark fresh debate on Nigeria’s security crisis.

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.

NYSC Extends Batch ‘C’ Registration to Nov. 11

The NYSC has extended Batch ‘C’ registration until November 11, allowing more prospective corps members time to complete their applications online.

Fear and Bloodshed Grip Benue as Herders Launch New Attacks

Seventeen killed in a month as armed herders continue attacks in Benue State, forcing residents to flee their communities.

LAUTECH Shuts Iseyin Campus for Two Weeks After Student’s Death

LAUTECH closes its Iseyin campus for two weeks after a student was killed by a hit-and-run driver, sparking protests.

Nigeria Leaders Reject Trump’s Remarks On Sovereignty

Nigeria pushes back against Trump as northern leaders and political figures condemn his comments and defend the country’s sovereignty and diplomatic standing

Nigerian Army Honors Late Chief Lt.-Gen. Lagbaja

The Nigerian Army marked one year since Lt.-Gen. Lagbaja’s passing with Jumaat prayers, honoring his leadership and calling for continued support for the military.

Okonjo-Iweala Denies Viral Post Criticising Tinubu Over Security

Ngozi Okonjo-Iweala denies a fake social media post attacking Tinubu, warning against misinformation amid Nigeria’s ongoing security crisis.

Yakubu Gowon University Names New Vice Chancellor

Professor Hakeem Fawehinmi has been appointed vice chancellor of Yakubu Gowon University, signaling a new phase of stability and academic leadership

Femi Otedola’s Net Worth Rises to $1.6 Billion on Geregu Power, First HoldCo Gains

Femi Otedola’s wealth grows to $1.6 billion on strong Geregu Power and First HoldCo performance.

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.