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Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.
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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.

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Lagos Governor Sanwo-Olu Swears in Speaker Obasa’s Son as Agege Chairman

KEY POINTS • Sanwo Olu urged the new Agege chairman to govern inclusively and avoid...
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Niger Governor Bago Receives Last Group of Rescued St Mary’s students

KEY POINTS • Niger governor receives remaining rescued students and staff in Minna• Federal Government...
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US Surveillance Flights Over Nigeria Signal Deeper Security Cooperation

US intelligence aircraft have flown repeatedly over Nigeria since November, reflecting deeper security ties amid violence and diplomatic tension.
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Trump Recalls US Ambassador To Nigeria Amid Major Diplomatic Shake-Up

Trump recalls the US ambassador to Nigeria and several other diplomats, signaling a major diplomatic reshuffle across multiple regions.
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ADC: Tinubu’s 2026 Budget Risks Nigeria’s Financial Future

ADC criticizes Tinubu’s 2026 budget, warning that heavy borrowing and optimistic revenue forecasts could deepen Nigeria’s debt crisis.
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BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.
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US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.
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Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.
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Naira Weakens After Central Bank Sells Dollars

Naira depreciation continued despite central bank dollar sales, highlighting persistent demand pressure and cautious sentiment across Nigeria’s foreign exchange market.
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Nigerian Presidency Quells Uproar Over New Tax Legislation

KEY POINTS The Nigerian presidency has intervened to clarify alleged discrepancies between passed and...
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Dangote Slashes Fuel Price, Demands Nationwide Compliance at MRS Stations

KEY POINTS Dangote Refinery has set a new petrol price of ₦739 per litre...
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Hardship Casts Shadow Over Christmas for Onitsha’s Poor

Christmas brings little relief in Onitsha as economic hardship forces poor residents to depend on charity for food and cash.
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Business

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.
News

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.
News

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.
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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.

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