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Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.
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CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.

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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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JAMB Debunks Fake UTME Result Claiming 394 Score

KEY POINTS JAMB has disowned a viral UTME result claiming a candidate scored 394,...
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APC Criticises Makinde Over ‘Operation Wetie’ Remarks at Ibadan Summit

KEY POINTS APC criticised Governor Seyi Makinde for remarks referencing a violent period in...
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FCT Teachers Suspend Strike After Wike’s Intervention

KEY POINTS FCT teachers have suspended their strike after intervention by the minister, Nyesom...
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Obasanjo says NNPC refineries will never work again

Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.
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Nigerian airlines plan Thursday shutdown as Jet A1 prices triple

Nigerian airlines may ground flights Thursday over a 300 percent surge in Jet A1 fuel prices, pushing operating costs past breaking point.
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Army Cracks Down on Oil Theft, Destroys 10 Illegal Refineries and Arrests Nine in Niger Delta

KEY POINTS Nigerian Army arrested nine suspects and destroyed 10 illegal refining sites across...
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FG Commits Over ₦5bn Through UBEC to Tackle Out-of-School Crisis Nationwide

KEY POINTS The Federal Government has allocated over ₦5 billion through UBEC to improve...
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Mother of NYSC Member Killed in Abuja Crossfire Demands Justice

KEY POINTS An NYSC member, Abdulsamad Jamiu, was killed during a crossfire between soldiers...
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Hunter Killed in Accidental Explosion During Joint Patrol in Adamawa

KEY POINTS A local hunter was killed in an accidental explosion during a joint...
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Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.
News

CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.
News

Nigeria flood alert: 8,000 communities and 4,500 schools in 15 states at risk this week

Nigeria's hydrological agency warns that more than 8,000 communities and 4,500 schools across 15 states face flooding between Sept. 19 and 25 as rivers rise.
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Cross River police arrest vigilante over $5,000 robbery and shooting

Cross River police have arrested a vigilante member accused of shooting a villager in Etung and robbing him of $5,000; a locally made pistol was recovered.