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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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Wike Denies Nominating Anyone for INEC Chairmanship

FCT Minister Nyesom Wike denies nominating anyone for INEC chairmanship, dismissing boycott rumors and crediting President Tinubu for Abuja’s progress.
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Court Throws Out FG’s Evidence in Dasuki Money Laundering Case

The Federal High Court in Abuja has rejected fresh evidence the government tried to submit in Dasuki’s money laundering trial.
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IMF Lifts Nigeria’s 2025 Growth Outlook to 3.9%

IMF raises Nigeria economic growth forecast 2025 to 3.9 percent, driven by stronger fundamentals, investor confidence, and fiscal reforms.
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117 Northern Nigerian Students Depart for Algerian Scholarships

117 northern Nigerian students have departed for Algeria on fully funded scholarships to study medicine, engineering, and other fields
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Cameroon Opposition Candidate Tchiroma Claims Election Victory

Opposition candidate Issa Tchiroma Bakary claims victory in Cameroon’s presidential election, challenging President Paul Biya’s 43-year rule
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Tony Elumelu Urges Shift From Aid to Investment in Africa

Tony Elumelu urges a shift from aid to investment in Africa, calling for partnerships that prioritize entrepreneurship and sustainable growth.
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ASUU Strike Halts Universities as Government Tightens Grip

ASUU strike shuts Nigerian universities as lecturers protest unpaid salaries and government enforcement intensifies across campuses.
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Nigeria’s Host Community Fund Rises to ₦373bn

Nigeria’s NUPRC says the host community fund has hit ₦373bn, financing hundreds of new projects under the Petroleum Industry Act framework.
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NNPC Raises Fuel Price to ₦955 per Litre

NNPC raises petrol price to ₦955 per litre amid rising global oil costs, FX pressure, and public backlash over inflation.
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Bilyaminu Bello’s Family Slams Tinubu’s Pardon for Maryam Sanda

Bilyaminu Bello’s family condemns Tinubu’s presidential pardon for Maryam Sanda, saying it reopens painful wounds and dishonors justice.
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DSS Warns Nigerians Against Fraudster Impersonating Its Officers

The DSS warns Nigerians against a dismissed officer posing as its operative and defrauding citizens under false pretences.
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Dangote Cement Opens New Côte d’Ivoire Plant

Dangote Cement has launched a 3-million-tonne cement plant in Côte d’Ivoire, expanding its regional presence and supporting industrial growth
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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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