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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...

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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Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC

KEY POINTS Kwankwaso denies backing any plan by Governor Abba Yusuf to leave NNPP ...

FG Moves to Revoke Oil Block Licenses Over Delays

Nigeria’s government plans to revoke oil block licenses held without development, warning investors of strict timelines and no refunds under the current licensing round.

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.

Sowore Sues Police Chief Over Alleged Rights Violations

Activist Omoyele Sowore has sued Nigeria’s police chief, alleging unlawful arrest, detention, and rights violations linked to a protest in Abuja.

NYSC to Standardise Protocols for Corpers With Disabilities

NYSC introduces a standardised protocol to ensure inclusive handling of corps members with disabilities during the orientation course and service year.

FG Honours Fallen, Serving Army Officers for Gallantry, Service

Nigeria honours serving and fallen Army officers at the 2026 Armed Forces Celebration, recognising gallantry, leadership, innovation and sacrifice.

Peter Obi Urges FG to Halt New Tax Laws Over Errors, Lack of Public Input

KEY POINTS Peter Obi urges the Federal Government to pause implementation of newly gazetted...

Ogun Court Denies Portable Bail Over Assault, Theft Charges

KEY POINTS Ogun High Court in Ota denied bail to singer Portable over assault,...

Gbenga Daniel says Ijebu Remo State Bid Near Agreement as Talks Intensify in Ogun

KEY POINTS • Daniel says lawmakers are nearing agreement on the proposed Ijebu Remo state•...

Video of Olubadan Declining Alaafin Handshake Sparks Fresh Debate Over Yoruba Traditional Hierarchy

KEY POINTS • Viral footage from an Ibadan event shows the Olubadan ignoring a handshake...

New Awujale to Emerge Within a Month as Ijebu Ruling House Screens 86 Nominees

KEY POINTS Fusengbuwa Ruling House says screening of 86 nominees for Awujale has been...

Nigeria DisCos Collected N210 Billion in October, NERC Says

Nigeria’s DisCos collected N210 billion in October 2025, according to NERC, as billing gaps and subsidies continued to weigh on electricity sector finances.

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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...

Ogoni Group Demands Probe Into Alleged $300m Compensation Fund

KEY POINTS Ogoni group demands investigation into alleged diversion of a 300 million dollars...

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...

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...