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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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Tinubu Approves N4 Trillion Bond to Clear Power Sector Debts

Tinubu approves a ₦4 trillion bond to clear debts owed to power firms and gas suppliers, aiming to stabilise Nigeria’s electricity sector.
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Irabor Says Boko Haram Fighting War of Evil, Not Religion

Lucky Irabor says Boko Haram’s campaign is a war of evil, not religion, as leaders call for moral revival and national unity.
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Protesters shut Kaduna, accuse oil cabal of plotting to sabotage Dangote Refinery

Kaduna protesters accuse an oil cabal of sabotaging Dangote Refinery, demanding Tinubu defend the $20 billion project from vested economic interests.
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Naira Gains to N1,480 per Dollar on Parallel Market

The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.
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Soludo, Aregbesola, Others Urge FG to Fix INEC Before 2027

Soludo, Aregbesola, and other leaders urge urgent reforms to fix INEC before 2027 and restore credibility to Nigeria’s electoral system.
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NDLEA Dismantles Cocaine Cartel Behind Six UK Shipments

NDLEA dismantles a global cocaine syndicate tied to six UK shipments, arresting key suspects in coordinated raids across Nigeria.
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NiMet Warns of Three-Day Thunderstorms Across Nigeria

NiMet forecast warns of heavy rain, thunderstorms, and flash floods across Nigeria as states and agencies brace for potential weather impacts.
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Family Seeks Answers After Trader’s Abduction in Enugu

The family of trader Uchenna Okoro pleads for help after his abduction on the Enugu–Benue highway, amid rising kidnappings and official silence.
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Nigeria Shines with Three Golds at Para Badminton Event

Nigeria wins 3 gold, other medals at the International Para Badminton Championship in Abia, showcasing resilience and national pride.
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School Fees Soar, Parents Flock to ₦20,000 Jelesimi Centers

As school fees skyrocket, more Nigerian parents are returning to Jelesimi day care centers, exposing the growing education crisis and economic strain.
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Insecurity Deepens, ADC Accuses Tinubu of Leadership Failure

The ADC says President Tinubu has failed Nigerians on security, warning that worsening attacks and kidnappings show the government’s slow response.
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Cooking Gas Price Jumps to N25,000 as Shortage Deepens

Cooking gas price in Nigeria rises to N25,000 amid supply shortage and refinery disruption.
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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...
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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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