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Wema Bank Rally Lifts Adebutu’s Stake to $90 Million

Kessington Adebutu’s stake in Wema Bank has risen to almost $90 million as the bank’s shares rally 147% in 2025, driven by digital banking growth.
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Nigeria’s Grazing Conflicts Take 2,800 Lives in 5 Years

Open grazing conflicts in Nigeria killed 2,800 in five years as weak laws and poor enforcement fuel violence and displacement.
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Shell awards $1.98bn contracts to Nigerian firms to boost local content

Shell awards $1.98bn contracts to indigenous companies, boosting Nigeria’s local content and economic development in the oil industry
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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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Aiteo Poised for Record Revenue in 2024 Despite Past Challenges

Aiteo Eastern E&P Company Limited, led by Nigerian billionaire Benedict Peters, is projected to surpass $700 million in revenue this year, overcoming operational challenges and capitalizing on a rebound in Africa's oil sector.
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Nigeria’s House of Representatives to Recover $30 Billion from Oil Giants’ Mergers

Nigeria’s House of Representatives has launched an investigation into the mergers of some multinational...

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News

Wema Bank Rally Lifts Adebutu’s Stake to $90 Million

Kessington Adebutu’s stake in Wema Bank has risen to almost $90 million as the bank’s shares rally 147% in 2025, driven by digital banking growth.
News

Nigeria’s Grazing Conflicts Take 2,800 Lives in 5 Years

Open grazing conflicts in Nigeria killed 2,800 in five years as weak laws and poor enforcement fuel violence and displacement.
News

NEITI Expresses Confidence in Ojulari to Drive Oil Reforms

NEITI backs Ojulari to deliver oil sector reforms, restore transparency, and attract $60 billion in investments for Nigeria’s energy future
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Ondo Man Arrested in Death of Neighbor’s Son

Police arrest man in Ondo over neighbor’s son death, sparking outrage and calls for justice in Akure community.

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