News

Dangote Petroleum Refinery plans to prioritise its Nigerian IPO before considering a listing on an overseas exchange. CEO David Bird says the company wants at least three years of production and financial performance to establish a stronger track...

MMI urges Governor Eno to move Ibom Deep Seaport from prolonged discussions to implementation. Group demands evidence for disputed historical and territorial claims between Ibibio and Oro interests. MMI says seaport, boundary and host-community questions should be resolved...

Akwa Ibom CP warns deployed officers against extortion, partisanship and voter intimidation. Officers are barred from paying for their movement to Osun and back to Akwa Ibom. Police personnel are cautioned against sharing sensitive election-operation content online. Akwa...

Virtual-asset tax defaulters face a N10 million penalty in the first month and N1 million for every subsequent month, according to PwC’s analysis of the NRS guidelines. Failure to deduct tax at source attracts a 40 percent penalty,...

Sheikh Ahmad Gumi says governments operating under Sharia law are justified in using public funds to sponsor mass marriages, describing the initiative as a legitimate responsibility of good governance. The Islamic scholar argues that supporting marriages helps address...

CBN removes restrictions limiting banks’ access to its Standing Lending Facility because of their participation in FX and government securities markets. Apex Bank restores collateralised funding for tenors of four to 90 days and expands OMO participation to...

OPay delivered a $72.47 million net profit in 2025 following a $50.98 million loss the previous year. Annual revenue surged 161 percent to $536.25 million while processed transactions hit $358 billion. Rapid expansion into digital lending drove the...

Washington and Abuja strengthen security alliance, expanding military cooperation, intelligence sharing and counterterrorism operations. U.S. acknowledges Nigeria's security gains, including the prosecution of hundreds of Boko Haram and ISIS-West Africa suspects and the recruitment of 50,000 additional police...

Over half of audited oil companies in Nigeria quietly withheld statutory development funds meant for host communities. An EFCC probe recovered over $160 million in unpaid levies following systemic non-compliance across the sector. The Senate Public Accounts Committee...

The Nigeria Police Force has assured NYSC members deployed for Saturday's Osun governorship election of comprehensive security before, during and after the poll. The reassurance was delivered by senior police officers during a confidence-building visit ordered by the...