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BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
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Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.
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Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.
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Nigeria Finalizes Bid Process to Sell Five Power Plants for $1 Billion

Nigeria takes a significant step towards revitalizing its energy sector with the privatization of five power plants, aiming to attract investment and improve reliability.
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Tinubu Set to Inaugurate Three Gas Infrastructure Projects

In a significant development for Nigeria's energy sector, prominent political figure Tinubu is poised...
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Vessels Trapped in Escravos: Fuel Shortage Looms in Nigeria

A looming fuel shortage in Nigeria has been attributed to vessels trapped in the...
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Federal Government Plans to Offload Banks’ Managed Discos

In a move aimed at restructuring Nigeria's energy sector, the federal government has announced...
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Nigeria Wastes Gas Equivalent to Powering 4 Million Homes Amid Power Outages

LAGOS – Nigeria, Africa’s largest economy, is burning off vast quantities of natural gas...

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News

BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
News

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.
News

Nigeria’s next-gen satellites set for 2028 launch

NIGCOMSAT Managing Director Jane Egerton-Idehen says Nigeria's satellite program has entered its execution phase, with two new satellites set for launch in 2028 and 2029.
News

Edun targets 7 percent annual Nigeria GDP growth

Finance Minister Olawale Edun says Nigeria is targeting 7 percent annual GDP growth and needs $14 billion yearly to bridge its infrastructure gap.

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