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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...
News

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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Politics

Senate Sets Up Panel to Harmonise Views on Electoral Bill

Nigeria’s Senate has formed a bipartisan committee to consolidate lawmakers’ views on proposed Electoral Act amendments, with a report due within 48 hours.
Politics

Nigeria’s House Approves Tinubu’s N58.18 Trillion 2026 Budget

Nigeria’s House of Representatives has approved President Tinubu’s N58.18 trillion 2026 budget, prioritising capital expenditure, security and macroeconomic stability.
Politics

Lawmaker Warns Soludo Against Ending South-East Sit-At-Home

Obi Aguocha cautions Anambra Governor Soludo that ending the Monday sit-at-home could reignite unrest and disrupt fragile peace in the South-East.
News

Court Removes Julius Abure as Labour Party Chairman

KEY POINTS The Federal High Court removes Julius Abure as Labour Party chairman, recognising...
Politics

Court Throws Out Anyanwu Suit Over PDP National Secretary Role

KEY POINTS A Federal High Court in Abuja dismissed Samuel Anyanwu’s suit seeking recognition...
Politics

Abia Obidient Group Denies Threat to Withdraw Support for Otti

Abia’s Obidient Movement says reports linking its support for Governor Alex Otti to ADC defection plans are false and misrepresent its position.
Politics

NESG Warns 2027 Elections Could Disrupt Economic Reforms

NESG warns the 2027 elections may undermine Nigeria’s economic reforms, stressing consolidation, disciplined policies, and stronger growth in agriculture and manufacturing.
News

Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC

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

NADECO USA Urges Emergency Rule in Northern Nigeria

NADECO USA has urged President Tinubu to declare a state of emergency in northern Nigeria, citing insecurity and risks to credible elections in 2027.
Politics

Tambuwal Says Nigeria Elections Often Distorted at Collation

Aminu Tambuwal says Nigeria’s elections are often distorted during collation, arguing that systemic flaws weaken voter influence and calling for electoral reforms.
Politics

Datti Says Atiku Has Pursued Presidency Since NYSC Days

Yusuf Datti Baba-Ahmed says Atiku Abubakar has pursued the presidency since his NYSC days, calling for a new generation of Nigerian political leaders.
Politics

Baba-Ahmed Denies Declaring Presidential Bid

Yusuf Datti Baba-Ahmed says he never declared a presidential bid, clarifying that his remarks only reaffirmed his membership of the Labour Party.
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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...
News

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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