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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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FG Expands Cash Transfers Beyond 15 Million Households

The federal government extends its cash transfer expansion to more Nigerians, targeting vulnerable households amid economic hardship.
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FG: Only Made-in-Nigeria Goods Qualify for ECOWAS Trade

The government has clarified that only made-in-Nigeria goods qualify for ECOWAS duty-free trade, urging compliance from local manufacturers.
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PTML Customs Revenue Rises 34 Percent in Third Quarter

PTML Customs revenue hit N116.2 billion in Q3 2025, up 34 percent from last year, reflecting stronger port operations and enforcement
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PDP Stops Screening of Aspirants Ahead of 2025 Convention

PDP halts 2025 convention screening as Lamido protests and lawmakers threaten defection over alleged APC infiltration.
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Church Raises Alarm Over Renewed Herders’ Invasion in Taraba Communities

The Holy Family Catholic Parish in Takum reports renewed herders’ attacks destroying farmlands and displacing families across Taraba communities.
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Okonkwo Accuses APC of Using Thugs, Security Forces to Disrupt ADC Meetings

Kenneth Okonkwo accuses APC of using thugs and security agents to break up ADC meetings and silence opposition voices.
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Nigeria’s Educators Push for Early Sex Education Reform

Educators and parents across Nigeria are calling for early sex education to be prioritized in schools to empower adolescents.
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Otedola Celebrates Dangote’s $20 Billion Refinery

Femi Otedola praises Aliko Dangote’s $20 billion refinery expansion as a generational legacy reshaping Nigeria’s oil and energy landscape.
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NAPTIP Cracks Child Trafficking Ring in Abuja

NAPTIP rescues 26 children from an unregistered orphanage in Abuja and detains its owner in a suspected child trafficking operation.
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CBN Injects $1.25 Billion to Support Fuel Imports

The Central Bank of Nigeria disbursed $1.25 billion to petroleum marketers in the first quarter of 2025 to stabilise fuel import and supply
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Igbo Unions Petition UN, ECOWAS Court Over Lagos Property Demolitions

Igbo Town Unions petition UN and ECOWAS over Lagos demolitions, alleging ethnic discrimination and destruction of Igbo-owned investments.
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Saw Dust Becomes the New Cooking Fuel as Gas Prices Soar in Nigeria

High gas prices force Nigerian families to turn to cheaper alternatives like saw dust, charcoal, and firewood for daily cooking.
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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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