News

Presidency Blames Obasanjo for Roots of Nigeria’s Insecurity, Rebukes Call For Foreign Intervention

The Presidency on Sunday said that some of the failures of former President Olusegun Obasanjo’s administration are partly responsible for the insecurity Nigeria...

Presidency Blames Obasanjo for Roots of Nigeria’s Insecurity, Rebukes Call For Foreign Intervention

The Presidency on Sunday said that some of the failures of former President Olusegun Obasanjo’s administration are partly responsible for the insecurity Nigeria...

Bride, Bridesmaids, Eight Others Abducted In Sokoto

A bride-to-be and her bridesmaid have been abducted by suspected bandits in a fresh attack on Chacho village, located in the Wurno Local...

Pastor, Wife Abducted As Gunmen Attack Church In Kogi

Gunmen have attacked a church in Kogi State, kidnapping a pastor and his wife. The attack on the newly established Cherubim and Seraphim...

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ADC Condemns Inclusion Of Ex-INEC Chair Mahmood Yakubu in Ambassadorial List

NKECHI NAECHE-ESEZOBOR—The African Democratic Congress has criticised President Bola Ahmed Tinubu’s ambassadorial lists, describing the it as a settlement list of political IOUs....

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NAF Destroys Terror Cells in Katsina, Foils ISWAP/Boko Haram Attack in Chibok

The Nigerian Air Force (NAF) has neutralised several terrorist cells in Katsina State and successfully foiled a coordinated ISWAP/Boko Haram attack in Chibok,...

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SERAP Drags Akpabio, Abbas to Court for Not Accounting for ₦18.6bn NASS Complex Payments

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives,...

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Nigeria: Troops Of 3 Brigade Rescue 7 Kidnapped Victim’s In Tsanyawa

BY SUNDAY SAMUEL— Gallant troops of Operation MESA comprising personnel of  3 Brigade Nigerian Army in conjunction with the Nigerian Air Force and...

Travel Festival By Heirs Insurance Sets New Benchmark For Inclusive Tourism In Africa

Sovereign Trust Insurance PLC Set for N5bn Capital Injection Following Board Approval

Sovereign Trust Insurance Announces  Exit Of Three Directors 

EFCC Trains Officers On Insurance Fraud Investigation

Continental Re’s CEO Roundtable Gets NAICOM Backing As Industry Pushes For Stronger Capital Base

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Energy

Dangote Refinery Targets 1.5bn Litres Of PMS Monthly To Stabilise Fuel Supply

BY OUR REPORTER—Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to...

NNPC/Heirs Energies Drives Domestic Gas Growth with 135m Per Day Production Increase

In what is considered as a breakthrough in Nigerian oil sector, The NNPC/Heirs Energies OML 17 Joint Venture (JV) disclosed that it has...

Dangote Selects U.S. Honeywell For Refining Expansion 

Dangote Petroleum Refinery on Tuesday announced that it has picked  US-based Honeywell as its strategic partner to support its plan to double capacity...

NNPCL Declares ₦5.4 Trillion Profit After Tax

BY NKECHI NAECHE-ESEZOBOR— NNPC Limited has released its financial statement  for the full year ended 2024,  reporting a Profit After Tax of ₦5.4...

NNPC/Seplat JV Commissions, Hands Over Power System/Underground Cabling Project to NCDMB

The NNPC/Seplat Joint Venture commissioned and formally handed over a fully integrated Power System and Underground Cabling Project to the Nigerian Content Development...

Dangote Refinery Denies15% Tariff Policy Suspension Influence Price Drop

Dangote Petroleum Refinery on Monday categorically denied the claims that the recent fall in petrol pump prices was triggered by the Federal Government’s...

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FG Targets Affordable Housing Boost Through SEC–FMBN Non-Interest Mortgage Collaboration

BY NKECHI NAECHE-ESEZOBOR—In a significant move aimed at tackling the nation’s massive housing deficit and deepening financial inclusion, the Securities and Exchange Commission...

Nigeria: SEC To Begin T+2 Settlement Cycle Nov 28

The Securities and Exchange Commission (SEC) has announced that the Nigerian capital market will officially transition to a T+2 settlement cycle for equities...

Norrenberger Buys Into NASD, Takes Over GTI’s 4.35% Equity Stake For N1.305bn

BY NKECHI NAECHE-ESEZOBOR—In a transaction that will reverberate across Nigeria’s capital markets, Norrenberger Securities Limited has acquired a strategic 4.35% stake in NASD...

Edun Reassures Investors, Vows Fair Capital Gains Tax Policy As NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, at the Closing Gong Ceremony...

NGX Rallies 8% in October as Earnings, Policy Reforms Fuel Confidence

BY NKECHI NAECHE-ESEZOBOR—Nigerian Exchange Limited (NGX) closed October 2025 on a bullish note, gaining 8 per cent and extending the upward momentum that...

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First HoldCo Plc Concludes Sale Of 100% Stake In FBNQuest Merchant Bank to EverQuest

BY NKECHI NAECHE-ESEZOBOR—First HoldCo Plc at the weekend said it has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant...

Delta Gov Presents N1.664trn Budget To Assembly

Delta State Governor, Sheriff Oborevwori, on Wednesday announced a budget proposal of N1.664 trillion for its services in the 2026 fiscal year. The...

Nigeria Records N2.06trn VAT  In Q2 2025 — NBS

The National Bureau of Statistics, on Tuesday said Nigeria’s aggregate Value Added Tax for Q2 2025 was N2.06 trillion. This was contained in...

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Presidency Blames Obasanjo for Roots of Nigeria’s Insecurity, Rebukes Call For Foreign Intervention

The Presidency on Sunday said that some of the failures of former President Olusegun Obasanjo’s administration are partly responsible for the insecurity Nigeria...

Bride, Bridesmaids, Eight Others Abducted In Sokoto

A bride-to-be and her bridesmaid have been abducted by suspected bandits in a fresh attack on Chacho village, located in the Wurno Local...

Pastor, Wife Abducted As Gunmen Attack Church In Kogi

Gunmen have attacked a church in Kogi State, kidnapping a pastor and his wife. The attack on the newly established Cherubim and Seraphim...

ADC Condemns Inclusion Of Ex-INEC Chair Mahmood Yakubu in Ambassadorial List

NKECHI NAECHE-ESEZOBOR—The African Democratic Congress has criticised President Bola Ahmed Tinubu’s ambassadorial lists, describing the it as a settlement list of political IOUs....

NAF Destroys Terror Cells in Katsina, Foils ISWAP/Boko Haram Attack in Chibok

The Nigerian Air Force (NAF) has neutralised several terrorist cells in Katsina State and successfully foiled a coordinated ISWAP/Boko Haram attack in Chibok,...

SERAP Drags Akpabio, Abbas to Court for Not Accounting for ₦18.6bn NASS Complex Payments

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives,...

Nigeria: Troops Of 3 Brigade Rescue 7 Kidnapped Victim’s In Tsanyawa

BY SUNDAY SAMUEL— Gallant troops of Operation MESA comprising personnel of  3 Brigade Nigerian Army in conjunction with the Nigerian Air Force and...

Tinubu Vows to Safeguard Nigeria, Hails Audu’s Contributions

BY NKECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu has reaffirmed that restoring peace, strengthening national security, and expanding economic opportunity remain the top priorities of...

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