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Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.

Civil Society Groups Back Nigerian Bank Recapitalization Plans

Nigerian civil society groups support the government's plan to strengthen banks through recapitalization. The move aims to boost the economy by creating healthier banks that attract investors. However, concerns linger about potential resistance efforts, highlighting the need for transparency and collaboration.

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...

Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion

Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...

Nigeria Defends Accepting Grains from Ukraine Amid Crisis

Nigeria has defended its decision to accept grains from Ukraine, a country that is...

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...

Tinubu’s Government Under Fire from Makinde Over Hardship

Nigeria's President Bola Tinubu is facing criticism from one of his main opponents, Governor...

Former CBN Governor Emefiele Vindicated by Economic Crisis

The economic woes that have plagued Nigeria since 2023 have proven the competence and...

Tinubu Admits Lack of Solutions for Nigeria’s Economic Woes

Nigeria’s former Lagos state governor and ruling party leader, Bola Tinubu, has admitted that...

Latest articles

Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.

75 Nigerians Lose Over N100 Million to Port Harcourt Doctor Who Promised Them Canada

Victims sold property, rented out their homes and borrowed heavily, paying up to N12 million each for Canadian visas that never existed.

Cross River Sports Forms 2027 Support Group for Tinubu, Otu

Cross River State's Sports Commission has set up a grassroots political support group, tasking its members and 18 LGA coordinators with rallying votes for President Tinubu and Governor Bassey Otu in 2027.