Nigeria Faces Higher Fuel Prices as Global Oil Market Moves Towards $120 Nigeria is facing renewed pressure on fuel prices, inflation and household finances as disruptions to global oil supplies push crude prices towards $120 per barrel, raising concerns over the stability of petrol and diesel prices in the country. The Guardian reports that the […]

Dangote Assures Small Investors of Priority Allocation as Refinery IPO Demand Surges Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has assured retail and small investors that they will receive priority consideration if the ongoing Initial Public Offering IPO of Dangote Petroleum Refinery and Petrochemicals is oversubscribed. Dangote also disclosed that he […]

Chimamanda Adichie, Husband Seek Healthcare Accountability and Reform After Son’s Death Award-winning Nigerian writer Chimamanda Ngozi Adichie and her husband, Dr Ivara Esege, have called for accountability and sweeping reforms in Nigeria’s healthcare system following the death of their 21-month-old son, Nkanu Nnamdi. The couple said their campaign is not driven by a desire for […]

Adeola Threatens Legal Action Over Claims About His Ekiti Origin Senator Solomon Olamilekan Adeola, popularly known as Yayi and the All Progressives Congress APC governorship candidate in Ogun State, has threatened to take legal action against two political figures over allegations concerning his state of origin. Adeola, who represents Ogun West in the Senate, gave […]

Nigeria’s Cement Price Crisis Deepens As High Costs Threaten Affordable Housing Nigeria’s persistent cement price crisis is deepening concerns over housing affordability, construction costs and infrastructure development, with the price of a 50-kilogramme bag reaching between N12,500 and N15,000 despite the country’s substantial domestic production capacity. The high cost is placing additional pressure on developers, […]

FG Issues N728.98bn Bond To Clear Power Sector Debts Amid N1.7tn Revenue Gap The Federal Government has issued a N728.98 billion Series 2 bond under its N4 trillion Power Sector Multi-Instrument Issuance Programme to settle verified legacy debts owed to 11 electricity generation companies (GenCos). The latest issuance is part of the Presidential Power Sector […]

FG Issues N728.98bn Power Sector Bond To Settle GenCos’ Debts The Federal Government has issued a N728.98 billion Series 2 bond under its N4 trillion Power Sector Multi-Instrument Issuance Programme to settle verified legacy debts owed to 11 electricity generation companies (GenCos). The latest intervention is aimed at restoring liquidity and confidence in Nigeria’s electricity […]

INEC Final List Sets Four-Way Battle For 109 Senate Seats In 2027 The release of the final list of candidates by the Independent National Electoral Commission (INEC) has intensified the battle for Nigeria’s 109 senatorial seats ahead of the 2027 general elections. The All Progressives Congress (APC), African Democratic Congress (ADC), Nigeria Democratic Congress (NDC) […]

Dangote Refinery IPO Triggers Frenzy As Investors Flood Capital Market Nigeria’s capital market was thrown into an unusual frenzy on Monday as thousands of investors scrambled to buy shares in the Dangote Petroleum Refinery and Petrochemicals initial public offering (IPO), with demand surging beyond expectations. The rush was so intense that several investment platforms and […]

Peter’s Death A Big Loss To President, Media Department Says The Presidency has described the death of Peter, a member of the media department, as a significant loss to President Bola Ahmed Tinubu and the wider presidential communications team. The Presidency expressed sadness over the death, describing the deceased as a valued member of the […]

WTO Warns Of Most Serious And Sustained Disruption To Global Trade The World Trade Organization WTO has warned that the global trading system is facing its most serious and sustained disruption in living memory, with growing challenges to established trade rules threatening economic growth and living standards worldwide. In its latest report, the WTO said […]

Nigerian Artist Uzoma Dunkwu Wins Emmy For Marvel’s Eyes Of Wakanda Nigerian artist Uzoma Dunkwu has won an Emmy Award for his outstanding character design work on Marvel Animation’s Eyes of Wakanda, adding another major international achievement to Nigeria’s growing presence in the global animation industry. Dunkwu received the Emmy for Outstanding Individual Achievement in […]

Dangote Refinery’s N2.15tn IPO Opens Ownership Opportunity for Nigerians Dangote Refinery’s planned N2.15 trillion Initial Public Offering (IPO) is set to provide Nigerians with an opportunity to own shares in one of the country’s largest industrial assets. The public offer is expected to deepen participation in Nigeria’s capital market by allowing individuals and institutional investors […]

Tinubu on Vacation, Shettima in India Who Runs Nigeria President Bola Ahmed Tinubu’s three-week annual vacation abroad and Vice President Kashim Shettima’s official trip to India have triggered fresh questions over who exercises presidential authority when both principal occupants of Nigeria’s executive branch are outside the country. Tinubu began his three-week annual leave on August […]

FG Demands Urgent Action After Two Nigerians Die in South Africa The Federal Government has demanded urgent action from South African authorities following the deaths of two Nigerian nationals in separate incidents, renewing concerns over the safety and security of Nigerians living in the country. The latest deaths have heightened concerns among Nigerian communities and […]

Bamboo App Faces Login Issues as Investors Rush for Dangote Refinery IPO The Bamboo investment app has experienced login difficulties as a surge of users attempted to access the platform following the commencement of the Dangote Petroleum Refinery and Petrochemicals FZE public offer. The disruption came as investors rushed to participate in the landmark Dangote […]

Dangote Refinery Opens ₦2.15tn IPO, Nigeria’s Largest-Ever Public Share Sale The Dangote Petroleum Refinery and Petrochemicals FZE has officially opened its Initial Public Offering PO, launching what is being described as Nigeria’s largest-ever public share sale. The refinery is seeking to raise ₦2.15 trillion $1.6 billion through the offering, with investors able to subscribe for […]

Desmond Elliot Seeks Reconciliation With APC, Appeals to Gbajabiamila Nollywood actor and politician Desmond Elliot has appealed to the Chief of Staff to the President, Femi Gbajabiamila, for reintegration into the All Progressives Congress (APC) family in Lagos.Elliot expressed regret over his actions during the party’s last primary election, acknowledging that he was misled by […]

45 Million Nigerian Pupils Resume as School Security Concerns Persist More than 45 million pupils in basic and secondary schools across Nigeria are resuming academic activities today amid renewed concerns over the safety of students and teachers, with school owners and administrators strengthening security arrangements in response to persistent threats. The new academic session begins […]

2027 INEC Final Candidate List Sparks Fresh Disputes Over Ballot The publication of the Independent National Electoral Commission’s (INEC) final list of candidates for the 2027 general elections has triggered fresh political disputes, with omitted candidates, rival party factions and political groups demanding explanations and threatening or pursuing legal action. The controversy has raised renewed […]

Petrol Subsidy May Cost Nigeria Nearly N20tn Yearly, CPPE Warns The Chief Executive Officer of the Centre for the Promotion of Private Enterprise CPPE, Dr Muda Yusuf, has warned that restoring a universal petrol subsidy could cost Nigeria nearly N20 trillion annually, placing additional pressure on the country’s finances, debt obligations and foreign exchange market. […]

Consumers, Transporters Face Fresh Squeeze as Petrol Price Rises to N1,400/Litre Nigerians may face another round of higher transport fares and food prices following the latest increase in the price of Premium Motor Spirit PMS, popularly known as petrol, by Dangote Petroleum Refinery. The refinery raised its petrol gantry price from N1,265 to N1,350 per […]

Police Arrest Woman Over Alleged Sexual Abuse of Minor, Rescue Four Children in Anambra The police in Anambra State have arrested a woman over the alleged sexual abuse of a minor and rescued four children during an investigation into the case. The suspect is currently in police custody as authorities investigate the circumstances surrounding the […]

Lagos Communities Demand N1bn Compensation Over Demolition, Forced Eviction Residents of Ifesowapo, Ifeoluwa and Toluwani communities in Ebute-Metta West, Lagos Mainland, have demanded N1 billion in compensation over what they described as unlawful demolition of their homes, destruction of property and forced eviction. The affected residents are seeking redress over the demolition of their properties […]