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Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.
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CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.
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CardinalStone Seeks $120 Million for West Africa SMEs

CardinalStone is raising a $120 million fund to invest in profitable SMEs across West Africa, betting on mid-market businesses as the region’s next growth engine
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Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election
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Alakija Donates $23 Million Teaching Hospital to Osun University

Nigeria’s richest woman donates a $23 million teaching hospital to Osun State University, expanding medical training, specialist care, and healthcare infrastructure capacity
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Festive Season Pressure Sends Nigeria’s Inflation to Four-Month High

Nigeria’s November inflation climbed month-on-month as festive demand and insecurity lifted food prices, despite easing annual inflation trends.
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Dangote Lowers Petrol Prices, Fuel Importers Face Billions in Losses

Dangote’s petrol price cut has triggered a price war, cutting pump prices but causing huge losses for importers and fuel marketers.
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US Embassy Warns Nigerians of Permanent Bans Over Visa Fraud

The US Embassy in Abuja warns Nigerians that visa fraud, false claims or fake documents can result in permanent bans under US law.
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Presco Expands Palm Oil Footprint in Nigeria

Presco acquires 10,000 hectares in Cross River State, expanding plantations and securing palm oil supply as Nigeria seeks to reduce edible oil imports
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Abdul Samad Rabiu Shares $20.7m With Long-Serving BUA Employees

Abdul Samad Rabiu approves $20.7 million cash rewards for long-serving BUA Group employees at an awards event in Lagos.
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Bandit Leader Bello Turji Accuses Ex-Governors of Fueling Insecurity in North

Bandit leader Bello Turji accuses former governors of fueling insecurity and denies receiving ₦30 million during Zamfara peace talks.
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Atiku, Obi, Mark Warn Tinubu Against One-Party State Ahead of 2027 Election

Atiku, Obi and other opposition leaders warn Tinubu against selective justice and alleged pressure on rivals ahead of 2027 elections.
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More Funds, More Pains As Nigeria’s Allocations Double While Poverty Deepens

Nigeria shared record FAAC revenue, yet rising prices, poverty growth, and limited grassroots impact left millions worse off nationwide today.
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7 Human Behaviours That Boost Longevity and Happiness

Seven everyday behaviours that support longevity and happiness, plus practical tips to help you live longer and feel better.
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Dangote picks power over steel with a $10 billion bet on Africa’s grid

Aliko Dangote says his group will invest more than $10 billion in electricity across Africa within four years, possibly cancelling its steel ambitions to fund it.
News

CNG rollout: States race to cut transport fares before Oct. 1 as queues and N1 million conversion costs bite

Nigerian states are racing to cut transport fares through CNG before Oct. 1, but long queues and conversion costs of up to N1 million are slowing operators.
News

Nigeria flood alert: 8,000 communities and 4,500 schools in 15 states at risk this week

Nigeria's hydrological agency warns that more than 8,000 communities and 4,500 schools across 15 states face flooding between Sept. 19 and 25 as rivers rise.
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Cross River police arrest vigilante over $5,000 robbery and shooting

Cross River police have arrested a vigilante member accused of shooting a villager in Etung and robbing him of $5,000; a locally made pistol was recovered.