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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.
Business

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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Dangote Refinery Boosts Petrol, Diesel Production Ahead of Festive Season

Dangote Refinery’s output exceeds demand, ensuring steady fuel supply and stable prices across Nigeria through Christmas and New Year.
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Abdul Samad Rabiu Builds ₦350 Million Lecture Theatre for Adamawa State University

Abdul Samad Rabiu donates a ₦350 million lecture theatre to Adamawa State University, expanding his education support in Nigeria.
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Court Ruling Triggers New War in PDP Over 2027 Election Plans

PDP factions clash after court halts convention, deepening divisions as rival groups suspend leaders ahead of 2027 elections.
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First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.
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Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform
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Delta Air Lines Launches Atlanta–Marrakech Route Expansion

Delta Air Lines opens a nonstop Atlanta–Marrakech route, expanding US–Africa connectivity and boosting tourism and trade between Morocco and the United States.
Business

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa
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Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.
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Military Arrests 15 More Officers Over Alleged Coup Plot in Nigeria

Nigeria’s military detains 15 more officers over an alleged coup plot, with investigators linking funds to a former governor and minister.
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House Launches Probe Into Tax Deductions and Bank Charges

The House launches a probe into excessive tax deductions and bank charges as lawmakers move to ensure fairness in Nigeria’s financial system.
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Soludo’s Reward Promise Meant To Boost Voter Turnout, Not Buy Votes — Anambra Govt

Anambra government says Soludo’s reward plan for APGA canvassers aims to fight voter apathy, not buy votes.
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Adeleke Confident Of Re-election In 2026 Osun Governorship Race

Governor Ademola Adeleke says he’s confident of winning re-election in 2026, citing performance and widespread support in Osun State.
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Business

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.
Business

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.
News

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.
News

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.

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