S&P upgrades Nigeria's credit rating, FG reacts
"This latest upgrade by S&P follows similar positive rating actions in 2025 by Fitch Ratings and Moody's Ratings," Mr Oyedele…
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Resource Curse? The only school in this Akwa Ibom oil community lies in ruins
Between May 2023 and December 2025, the administration of Governor Umo Eno received N2.53 trillion in revenue, with the largest…
How I was denied entry into South Africa - BUA Chair
Giving another instance, he said some countries lack spirit of agreement in the continent saying their practices were not…
Jaiz Bank’s annual profit rises 28% on higher revenue
Revenue for the financial institution accelerated to N102.8 billion in the period from N82.9 billion.
CBN says Nigeria’s foreign exchange turnover rises above $400m daily
According to Mr Cardoso, the apex bank recorded an average daily turnover of about $100 million in late 2023 when he assumed…
Sterling Financial Holdings posts 75% jump in annual profit
The financial services group posted N76.3 billion in profit after tax, up from N43.7 billion a year earlier.
100 students, teachers hospitalised in Ogun following exposure to chemical odour
The Ogun Commissioner for Environment, Ola Oresanya, confirmed the incident, saying relevant agencies had commenced necessary…
First Bank appoints new executive director
According to the Group, Mr Omodayo-Owotuga’s appointment reflects the First Bank’s continued commitment to strong governance,…
Gunmen abduct pupils, teachers in coordinated attacks on Oyo schools
The police said the attacks occurred in the early hours of the day when armed hoodlums riding motorcycles stormed Baptist Nursery…
Tinubu defends economic reforms at Africa CEO Forum in Kigali
President Bola Tinubu says the reforms were difficult but necessary to prevent a deeper fiscal crisis, insisting that Nigeria is…
Nigeria’s inflation rises to 15.69% in April as food prices remain elevated —…
Although inflation continued to rise in April, the pace of monthly price increases slowed significantly compared to March.
BREAKING: Terrorists kidnap students from Borno school
Suspected Boko Haram terrorists have abducted an unspecified number of pupils from a primary and secondary school in Mussa…
Terrorists kidnap students from Borno school
Suspected Boko Haram terrorists have abducted an unspecified number of pupils from a primary and secondary school in Mussa…
NJC suspends two judges, rejects eight others' appeals, recommends 12 new…
The NJC took the decisions at its 111th meeting held on 13 May and chaired by the Chief Justice of Nigeria, Kudirat Kekere-Ekun.
Why China now dominates Africa’s business landscape - Dangote
Africa’s richest man, Aliko Dangote, says China has become Africa’s dominant business partner because Western countries often…
Nigeria’s crude oil output rises to 1.66 million bpd in April
Nigeria’s average daily crude oil and condensate production rose to 1.66 million barrels per day in April 2026, driven largely by…
Nigerian police dismiss officers for kidnapping, extortion, robbery
The police described the conduct of the affected officers as “a gross betrayal of the ethics, standards, and professional values…
How oil mafia fought hard to stop my refinery — Aliko Dangote
Mr Dangote said small groups profited from local product allocations under the subsidy regime and that subsidy payments alone…
Dangote targets $100bn revenue with fresh $45bn refinery, LNG expansion plan
President of the group, Aliko Dangote, disclosed this during a recent interview with Nicolai Tangen, chief executive officer of…
Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership
Aliko Dangote says he opposed moves by NNPC Limited to increase its stake in the $20 billion Dangote Petroleum Refinery,…
UPDATED: I almost lost my job as Tinubu's Chief of Staff - Gbajabiamila
Mr Gbajabiamila said he told Mr Elliot to publicly dissociate himself from Mr Obasa's removal but that the state lawmaker did not…
Emefiele's Trial: How CBN debited N124.86bn from CRA without National…
The witness, a top official of CBN, said there was no presidential or National Assembly approval for the N124.86 billion debit…
APC shifts Reps primary election
The party says all other previously announced primary election dates remain unchanged.
Air Peace announces another disruption on Lagos-London Gatwick flight
The airline says the London-bound aircraft returned to Lagos after encountering airspace-related operational issues during the…
NDIC sues Wema Bank over N125bn Banana Island properties, N401m disputed payment
The NDIC said the action forms part of efforts to recover assets linked to the defunct bank, whose licence was revoked by the…
APM Terminals President pledges fresh $600mn investment in Nigeria
Mr Essen said the proposed investments will be deployed in Apapa port modernisation, logistics infrastructure, and long-term…
Nigeria seeks investments in power, mining as reforms gain traction – Oyedele
The finance minister says Nigeria is intensifying efforts to attract investment across key sectors while positioning its economic…
Heirs Holdings’ portfolio companies ranked among Africa’s top 50 high-growth…
Published annually by the Financial Times in partnership with Statista, the ranking recognises companies driving exceptional…
Report links rising malnutrition, maternal health crisis to weak healthcare…
According to the report, MSF treated more than 440,000 children for malnutrition in 2025, the highest number recorded by the…
NCC warns telcos over poor network, assures improved service quality
“The expectation is clear: the industry must now deliver measurable improvements, and the commission will continue to enforce…
NCAA grants Pioneer Airlines approval for non-scheduled flight operations
The approval allows the Bayelsa-backed carrier to begin charter and other non-scheduled commercial services as Nigeria’s aviation…
UPDATED: Makinde Declares 2027 Presidential Bid Under APM
Mr Makinde made the declaration on Thursday in Ibadan, the Oyo State capital, during a joint mega rally of the PDP and the APM.
China and US should be partners, not rivals — Xi Jinping tells Trump
Mr Jinping also warned the US against the “Thucydides Trap”— a reference to the ancient rivalry between Athens and Sparta.
NHRC demands explanations over civilian casualties in recent Nigerian military…
In a statement issued on Wednesday, the Executive Secretary of the Commission, Tony Ojukwu, described the repeated reports of…
UPDATED: UNILORIN Vice Chancellor proposes new security, diplomatic framework…
Mr Egbewole said the issue of shifting regional dynamics goes far beyond academic discourse. "This is an existential intelligence…
Africa's economies must reform financial systems to unlock industrial growth —…
Mr Oyedele also urged African governments to mobilise domestic savings, including pension funds, while creating stronger pathways…
Nigeria’s petrol imports fall as local refineries raise output — NMDPRA
Nigeria’s dependence on imported petrol is easing as domestic refineries, led by Dangote Refinery, ramp up production, with local…
Otedola acquires N43.4 billion shares in First HoldCo
He acquired 549.5 million shares at N79 per unit on Wednesday through Calvados Global Services Limited, his special purpose…
WhatsApp introduces incognito chat feature to address Meta AI chat privacy…
The tech firm said it will also launch ‘Side Chat’ in the coming months, which will offer users private help with any chat as…
France-Nigeria trade hits $4.7 billion as Tinubu pushes for jobs,…
The president says growing trade and investment ties between Nigeria and France must now deliver concrete economic benefits,…
NITDA, IDCA partner to transform Nigeria’s digital economy
“Nigeria is laying a strong foundation for sustainable infrastructure growth, job creation, global competitiveness, and…
How military air strike killed bandits, residents in Zamfara - Sources
Rights group, Amnesty International, alleged that at least 100 civilians were killed in the incident, but the military disputed…
UPDATED: Court jails ex-minister Saleh Mamman for 75 years over power project…
In a rare show of toughness against a corrupt official, the judge ordered that the sentences attracted by each of the 12 counts…
No public record of Ebonyi assembly's approval as Nwifuru obtains N20 billion…
Ebonyi State under Governor Francis Nwifuru obtained a N20 billion loan in the first quarter of 2026, but PREMIUM TIMES found no…
Ibadan mob almost lynched US-based doctor over false kidnapping allegation -…
Before the police arrived at the scene, the man's "Lexus RX 330 SUV had already been set ablaze by the mob.
At Africa Forward Summit, Tinubu calls for reform of global financial…
The Africa/France summit, co-hosted by Presidents Emmanuel Macron of France and William Ruto of Kenya, brought together leaders…