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BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.

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Airtel Africa Strikes Starlink Deal to Expand Satellite Coverage

Airtel Africa’s Starlink deal aims to extend mobile coverage into rural areas, using satellite technology to bypass towers and narrow Africa’s persistent digital divide.

Microsoft Deepens Digital, AI Skills Push in Nigeria

Microsoft is scaling up AI and digital skills training in Nigeria, targeting students, developers and public servants as demand for technology talent accelerates.

TikToker Peller Arrested by Lagos Police Over Reckless Driving

Lagos police arrested TikTok influencer Peller after a reckless driving video sparked outrage, renewing calls for stricter enforcement against dangerous online stunts.

Naira Slides as FX Shortages Grip Official Market

The naira slipped to N1,456 per dollar as FX shortages persisted, keeping pressure on Nigeria’s currency market despite rising external reserves.

Police Deploy Special Forces Nationwide Ahead of NLC Protest

Police deploy tactical units nationwide as NLC protests insecurity and warns of strike if demonstrations face violence.

Aisha Buhari: The Cabal Turned Buhari Against Me, Disrupted His Health Routine

Aisha Buhari claims aides turned her late husband against her and disrupted his nutrition, worsening his health while in office.

Peter Obi: 80% Youth Unemployment Shows Leaders Have Failed Nigeria

Key Points Peter Obi links Nigeria’s 80% youth unemployment rate to leadership failure and...

Workers Face Nigeria’s Worst Survival Crisis, NLC Says

Nigeria’s labour union says inflation, insecurity and weak wages have pushed workers into the harshest survival crisis the country has ever recorded

CardinalStone Seeks $120 Million for West Africa SMEs

CardinalStone is raising a $120 million fund to invest in profitable SMEs across West Africa, betting on mid-market businesses as the region’s next growth engine

Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.

EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.

Latest articles

BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.

Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.