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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 Insists All ASUU Demands Met, Urges End to Strike

The Federal Government says it has met all ASUU demands and called on university lecturers to return to classrooms immediately
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Refiners Reject Local Crude in Deepening Supply Row

Refiners reject 11 million barrels of crude, raising tensions around domestic supply.
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NCAA Cracks Down on Airlines Over Delayed Refunds

The NCAA warns airlines to refund passengers within 14 days, reinforcing penalties for delayed payments and restoring accountability in Nigeria’s aviation sector.
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Drug-Resistant Infections Surge Globally, WHO Warns

WHO reports a surge in drug-resistant infections worldwide, urging immediate action to prevent a worsening antimicrobial resistance crisis.
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Prof. Ekwueme Leads Nigeria’s First UroLift Prostate Procedure

A Lagos hospital achieves a medical milestone with Nigeria’s first UroLift surgery, giving men new hope for safe, effective prostate treatment.
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Nigerian Army Barracks Tragedy: Soldier Kills Wife, Self

Army investigates soldier’s murder-suicide in Niger over alleged infidelity, pledging transparency and preventive action in ongoing probe.
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Governor Mbah, Diri Set to Dump PDP for APC

Governors Peter Mbah and Douye Diri are finalizing plans to join APC, heightening PDP turmoil and stirring fears of one-party dominance.
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Foreign Firms Corner Nigeria’s N4.8trn Non-Oil Export Boom

Local exporters lament losing out in Nigeria’s non-oil export boom as foreign investors dominate the sector amid weak funding and policy hurdles.
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Air Chief Urges Future Commanders to Lead With Courage

Air Marshal Hasan Abubakar challenges Nigerian Air Force officers to lead with courage, integrity, and professionalism as they take on command roles.
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Gateway Airport Launches Commercial Operations

Governor Dapo Abiodun inaugurates the Gateway International Airport in Ogun State, opening a new chapter for aviation and regional growth.
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Otti to Launch Abia Green Shuttle Service with Electric Buses

Governor Alex Otti unveils the Abia Green Shuttle Service, a 100-electric-bus project driving clean and sustainable public transport across the state.
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Why the Benin Palace Rejected the Iyaloja Title in Edo

The Benin Palace ends the imposition of the Yoruba-style Iyaloja title in Edo markets, reaffirming the sacred Iyeki system and local leadership.
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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...
News

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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