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Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.

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Guterres urges South Africa to end xenophobic attacks on foreign nationals

UN Secretary-General António Guterres has urged South Africa to end xenophobic attacks and the intimidation of foreign nationals in KwaZulu-Natal and the Eastern Cape.
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Dangote refinery is subsidizing Nigeria’s petrol and diesel, official says

A senior Dangote Group official says the refinery subsidizes Nigeria's petrol and diesel but sells jet fuel at full market price.
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FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.
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FG says 80 percent of women-owned businesses lack formal credit access

Women Affairs Minister Imaan Sulaiman-Ibrahim says more than 80 percent of Nigerian women-owned businesses operate without access to formal credit, holding back economic growth.
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Sanwo-Olu Backs Deputy Hamzat for Lagos Governor in 2027

KEY POINTS Governor Sanwo-Olu has endorsed his deputy, Obafemi Hamzat, for the 2027 Lagos...
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Anthony Joshua Targets Comeback Fight After Tragic Accident

KEY POINTS Anthony Joshua will return to boxing on July 25 against Kristian Prenga...
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Lagos Govt Debunks Rumours of Sanwo-Olu’s Resignation Over Health

L KEY POINTS Lagos government denied reports that Governor Sanwo-Olu was asked to resign over...
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Malami Challenges EFCC in Court, Insists Seized Assets Are Legitimate

KEY POINTS Abubakar Malami is challenging the EFCC’s seizure of his assets, insisting they...
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“They Said It Was a Mistake” — Father of Slain NYSC Member Speaks After Soldier Shooting

KEY POINTS A serving NYSC member was shot dead by soldiers in Abuja. The...
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Gunmen Attack Adamawa Community, Kill 29 Residents

KEY POINTS Suspected terrorists attacked Guyaku community in Adamawa, killing at least 29 people. ...
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Two Nigerians Killed in South Africa as Xenophobic Violence Escalates

KEY POINTS Two Nigerians were killed amid rising xenophobic attacks in South Africa. The...
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Gunmen Kidnap 23 Pupils in Kogi Orphanage Facility

KEY POINTS Gunmen abducted 23 pupils and a proprietor’s wife from an unregistered school...
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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.