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Pan-African Billionaire Benedict Peters Deploys High-Tech Aircraft to Map Madagascar’s Hidden Mineral Wealth

KEY POINTS Pan-African billionaire Benedict Peters has deployed three high-tech aircraft to map Madagascar’s mineral resources under a government agreement. The project will provide free, detailed geological data to help the country attract investors and negotiate better mining deals. The initiative could shift control...
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CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.

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Onyeali-Ikpe steers Fidelity Bank past N500bn capital mark

Nneka Onyeali-Ikpe secured Fidelity Bank's recapitalization with a N259 billion private placement of ordinary shares on Dec. 31, 2025, pushing eligible capital to N564.5 billion and clearing the Central Bank of Nigeria's N500 billion threshold.
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Senator Ndume says Nigeria can end insecurity in 6 months if FG gets serious

Senator Ali Ndume says Nigeria can end insecurity within six months if the federal government shows genuine commitment and arms its soldiers properly.
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Nigeria’s power sector cost government N418bn in subsidies as losses topped N300bn in Q4 2025

Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.
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Nigeria recorded 3.38 million internally displaced persons across 14 states in 2023, NBS report shows

Nigeria recorded 3,381,228 internally displaced persons across 14 states in 2023, with Borno State accounting for more than half of all cases.
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Boko Haram kills colonel and 6 soldiers in Borno as herdsmen attacks leave 14 dead in Benue

A Nigerian Army colonel and six soldiers were killed in a Boko Haram attack in Borno State on April 12, 2026.
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Tinubu Holds Emergency Security Meeting Over US Travel Alert and Borno Airstrike Tragedy

KEY POINTS President Tinubu convened an emergency security meeting with top military and intelligence...
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Diezani Alison-Madueke Denies Bribery Allegations in UK Court Trial

KEY POINTS Alison-Madueke denied all bribery allegations, insisting she never solicited or accepted illicit...
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Ken Ife slams World Bank fuel import prescription

Energy economist Prof. Ken Ife on Monday rejected World Bank fuel importation recommendations in its latest Nigeria Development Update, warning they violate the Petroleum Industry Act and undermine Nigeria's push for energy self-reliance.
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NAMA rejects NATCA claims on Nigerian airspace safety

The Nigerian Airspace Management Agency on Tuesday rejected claims from air traffic controllers that Nigerian airspace safety had deteriorated to dangerous levels, insisting that its communications, navigation and surveillance infrastructure remains operationally sound.
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Obi signals possible ADC exit over compromised process

Peter Obi on Monday signaled he could leave the African Democratic Congress if its internal processes fall short, telling Arise Television's Prime Time that integrity in political structures is non-negotiable for him.
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FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
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Manufacturing sector taxes climb to N2.05tn in 2025

Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.
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Pan-African Billionaire Benedict Peters Deploys High-Tech Aircraft to Map Madagascar’s Hidden Mineral Wealth

KEY POINTS Pan-African billionaire Benedict Peters has deployed three high-tech aircraft to map Madagascar’s...
News

CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.
Politics

APC Releases 2027 Election Timetable, Sets Presidential Form at ₦100 Million

KEY POINTS APC set presidential nomination form at ₦100m and governorship at ₦50m for...
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Ogun East APC Endorses Dapo Abiodun for 2027 Senate Bid

KEY POINTS Ogun East APC leaders endorsed Dapo Abiodun as consensus candidate for 2027...