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The £2 Million Question: What Really Happened at Harrods? How the Diezani Alison-Madueke trial became a masterclass in narrative inflation

KEY POINTS Headlines exaggerate Alison-Madueke’s alleged £2m Harrods spending and luxury perks; she didn’t personally own or spend these. Viral stories like the “diamond bra” misrepresent facts, creating a distorted public perception. Trial highlights media bias, gendered narratives, and the difficulty of proving corrupt...
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BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.

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NDIC Moves to Deepen CIBN Partnership on Banking Risks

NDIC and CIBN deepen partnership to build banking sector resilience through training, ethics, and innovation against emerging risks.
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Nigeria’s World Cup Bid Strengthened After CAF Changes Rules

CAF’s revised qualification format revives Nigeria’s World Cup qualification hopes, giving the Super Eagles a crucial lifeline to reach 2026.
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Naira Holds Steady as Dollar Trades Around ₦1,472 Amid Market Jitters

The dollar to naira exchange rate today steadies at ₦1,472, supported by improved liquidity and cautious CBN intervention.
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Nigeria’s Deepening Poverty Crisis Sparks ADC Concern

139 million Nigerians now live in poverty despite Tinubu’s reforms; rural areas suffer highest deprivation.
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Nigeria, COMAC in Talks to Boost Local Airline Fleet

Nigeria and COMAC move closer to an aircraft partnership that could transform local aviation through affordable fleet expansion and training initiatives.
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Government Orders 30-Day Deadline for Unused TETFund Grants

Nigeria’s government has issued a 30-day ultimatum to universities and polytechnics to account for unused TETFund allocations or risk severe sanctions.
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Tinubu Explains Choice of Amupitan as INEC Chairman

Tinubu defends appointing Prof. Sani Amupitan as INEC chairman, citing his integrity, legal expertise, and focus on electoral reform.
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Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.
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Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.
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Nigeria Alarmed as 4,000 Young Women Contract HIV Weekly

The AIDS Healthcare Foundation warns that over 4,000 young women contract HIV weekly, urging urgent action to expand healthcare and education access.
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World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.
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NANS Warns Against Neglect of Nigeria’s Refining Sector

NANS cautions the government against neglecting Nigeria’s refining sector, warning that prolonged inaction could lead to nationwide student protests.
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The £2 Million Question: What Really Happened at Harrods? How the Diezani Alison-Madueke trial became a masterclass in narrative inflation

KEY POINTS Headlines exaggerate Alison-Madueke’s alleged £2m Harrods spending and luxury perks; she didn’t...
Business

BUA Foods Posts Sharp Profit Jump as Demand Lifts Sales

BUA Foods nearly doubled profit in 2025, as demand for staples and tight cost control lifted earnings and reinforced its position in Nigeria’s food sector.
News

Vitafoam Nigeria Posts Strong Start to 2026 on Demand

Vitafoam Nigeria began 2026 with higher revenue and profit, supported by domestic demand growth, lower finance costs and a stronger balance sheet despite weaker exports.
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Linkage Assurance Revenue Rises 24 Percent on Performance

Linkage Assurance posted a 24 percent rise in insurance revenue in 2025, supported by underwriting growth, reinsurance optimisation and improved profitability across core operations.

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