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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
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Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by Presidents Macron and Ruto. Discussions at the summit will focus on digital transformation, climate action, green industrialisation and financing reforms. Tinubu will proceed to Rwanda for the Africa CEO Forum...

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Kaduna Church Abductions Spark Outrage As Groups Demand Rescue, Apology

Rights groups demand urgent rescue and apology after officials denied the kidnapping of 177 worshippers from churches in Kaduna.
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Kaduna Church Attack: 177 Worshippers Kidnapped, Families Traumatized

177 churchgoers, including children, were kidnapped in Kaduna. Families fled. Security agencies and rights groups demand urgent action.
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DSS Tightens Grip On Malami In Terror Financing Case

DSS is seeking a court order to keep former Attorney-General Abubakar Malami in custody over alleged terror financing issues.
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Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.
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FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.
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Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow...
Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
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FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact
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Chief Imam of Ilorin Sheikh Muhammad Bashir Sali Dies at 75

KEY POINTS Sheikh Muhammad Bashir Saliu, Chief Imam of Ilorin, has died at the...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
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Katsina Plans To Free 70 Bandits, Sparks Outrage Across Nigeria

Katsina’s move to free 70 bandits sparks anger. Critics say it risks safety, justice, and encourages more criminal attacks.
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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.
News

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...
News

Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...
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Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...