News in Brief
Stay Informed
News in Brief
Stay Informed
Millwall faces an anxious wait over Femi Azeez’s hamstring injury sustained during their Championship opener. Get the latest on the Nigerian winger’s condi
Stripe has finished a deal to spend more than $7 billion on OpenRouter, a startup that helps developers switch between AI models. The price tag is significantly higher than the $1.3 billion valuation OpenRouter received months ago, a reflection of the high demand for its technology at a time of ...
Aspira Nigeria Limited, makers of Viva Detergent and other household cleaning products, has hosted the maiden edition of the Lifestyle Mini Brunch series.
This maiden edition was themed “Come Wash with Hilda”, an experiential mini brunch designed to promote better laundry practices, deepen consumer education and showcase the performance of the Viva detergent range.
Held in ...
Efforts to achieve peace in Rivers State gain momentum as allies of Nyesom Wike and Governor Siminalayi Fubara close ranks in a significant reconciliation
Pastor Paul Enenche criticises security agencies for inaction against provocative religious remarks by an Islamic cleric, warning of potential violence.
The APM declares Osun election results signal President Tinubu’s potential 2027 loss to Governor Seyi Makinde, citing public dissatisfaction.
Rabiu Kwankwaso explains his 2027 alliance with Peter Obi, citing national interest and equity. He also declares Ganduje and Yusuf politically finished.
By Ochuko Akuopha, ASABA
Anglican Bishop of Oleh Diocese, Delta State, Rt. Rev. John Aruakpor, has urged political leaders and governments across the country to make the welfare of citizens the ultimate benchmark of good governance.
He also urged Christians not to leave elections and political affairs in the hands of ungodly people, stressing the need for them to actively ...
President Bola Tinubu insists Port Harcourt and Warri refineries will work, disagreeing with Obasanjo’s doubts. Learn more about the future of Nigeria’s st
Kayode Tokede
Airtel Africa and Starlink have launched satellite-to-mobile service in the Democratic Republic of the Congo (DRC), marking the first commercial deployment in Africa.
The service enables Airtel customers with compatible smartphones to access connectivity in non-terrestrial areas wherever they can see the sky.
Starlink, the world’s largest ...
The NDLEA has arrested a businessman with N23m worth of cocaine at Lagos airport, concealed in his luggage. Read more about this major drug bust.
Guinea Insurance Plc has successfully completed its recapitalisation, meeting regulatory requirements and strengthening its capital base for future expansi
SUNU Assurances Nigeria Plc seeks shareholder approval for board and audit changes, including new directors and auditors, to accelerate growth in Nigeria’s
Tax authorities in Nigeria can assess businesses for tax based on assumed income where taxpayers fail to file returns and disclose their actual financial position, tax experts at tax stream.com have warned.
Nigerian banks and fintechs filed 42,082 suspicious transactions reports with the NFIU in 2025, reflecting increased anti-money laundering compliance.
Galatasaray is reportedly ready to accept Arsenal’s £60m offer for Nigerian striker Victor Osimhen. Get the latest on this potential blockbuster transfer.
Following his re-election, Governor Ademola Adeleke extends an olive branch to opponents, while the APC considers challenging the Osun election results at
Following its Osun State governorship election defeat, the APC youth leader calls for a major party overhaul, stressing lessons for the 2027 general electi
The Transition Monitoring Group (TMG) commends INEC for the seamless Osun election, urging the judiciary to protect the people’s mandate and strengthen dem
Yiaga Africa confirms INEC’s Osun election results are consistent with its estimates but raises serious concerns about widespread vote-buying and technolog
Police confirm 295 suspects arrested during the Osun State governorship election, with 293 released on bail and two remaining in custody for prosecution.
SERAP calls on INEC, EFCC, and ICPC to jointly investigate alleged vote buying, inducement, and violence during the recent election.
A political group, G-100, urges opposition parties to adopt the Adeleke template from Osun State to unite and oust Tinubu in the 2027 general elections.
Universal Insurance Plc has secured a N7.1bn equity investment from FPNG Co-Nvest Limited to meet recapitalisation requirements. Learn more about Universal
…Partners Lagos, others for 6th Inter-Public Schools Championship
By Chioma Obinna
LAGOS—No fewer than 700 children have returned to school through an education-focused initiative of Shamadean Imole Charity Foundation, which uses sports, debate and creative activities to reconnect young people with education.
The foundation disclosed this as it commenced the sixth Lagos ...
By Henry Obetta
The Association of Provosts of Colleges of Health Technology and Nursing Sciences has congratulated Professor Babatunde Salako on his appointment as Chairman of the Governing Board of the National Board for Technical Education (NBTE). The association renewed its call on the Federal Government to reconsider the seven-year moratorium on new tertiary institutions ...
Organisers of the Nigeria Media Merit Award (NMMA) said the competition has continued to shut its doors against online platforms, due to the near-absence of regulation and ethics in the space.
Atiku Abubakar, Peter Obi, and other political leaders congratulate Osun State Governor Ademola Adeleke on his re-election, commending voters for defending
Nigerian refiners could save up to $329m with the proposed crude swap arrangement, cutting logistics costs and boosting domestic supply. Learn how this ini
The Federal Government introduces a 70:30 profit oil split for new deep offshore oil and gas projects, aiming to attract investment and boost production.
The National Sugar Development Council (NSDC) aims to attract $1bn investment to reduce Nigeria’s sugar imports, boosting local production and self-suffici
ATCON acknowledges the immense sacrifice of telecoms workers in Nigeria, whose dedication over 25 years built the nation’s robust digital infrastructure.
The investment banker and founder of FinTribe, Jennifer Awirigwe, has reiterated the organisation’s mission and commitment to making savings, investment, and financial literacy easy and accessible to Nigerian and African women seeking financial independence. FinTribe’s boss said this in Lagos during the launch of the FinTribe mobile app, described as an innovation that gives women
By Dayo Johnson
OSOGBO — FOR the second time in four years, the All Progressives Congress, APC, yesterday, lost a governorship election in Osun State.
Read Also: Adeleke’s camp to Keyamo: ‘There is no agreement’ with Tinubu
Its candidate, Asiwaju Bola Oyebamiji polled 444,815 votes, which was 66,252 votes less than the 511,067 garnered by Governor Ademola Adeleke of the ...
Anambra State is accelerating its digital transformation to formalise SMEs by 2030, expanding online government services and automating public administrati
GTCO’s interest income surged 506% in Q1 2026, reaching N467bn, while GTBank doubled its international spending limit to $40,000. Discover the factors driv
Veritasi Homes & Properties Plc has secured N50bn in non-interest commercial paper funding to accelerate its expansion across Nigeria. Learn more about thi
The Federal Government and Seamfix have partnered to launch a national digital registry for cooperatives, aiming to formalise and improve management of Nig
Legend Internet Plc recorded a N199.34m loss in H1 2026, reversing previous profits. Learn how surging expenses led to Legend Internet’s financial downturn
The Nigeria Football Federation is incompetent
Like the Super Eagles, Nigeria’s senior women’s football team, the Super Falcons, will not be in the lineup when the FIFA Women’s World Cup kicks off next year in Brazil. Last Thursday night at the WAFCON 2026 playoff in Casablanca, Morocco, South Africa’s Banyana Banyana inflicted a painful 2-1 defeat on the Falcons. It is the first time ...
Businesses and individuals in Nigeria are required to deduct Withholding Tax (WHT) from certain payments and remit the amount to the relevant tax authority, with failure to comply potentially attracting penalties and other sanctions.
When the Federal Capital Territory (FCT) was ranked 31st in the 2023 Subnational Ease of Doing Business assessment, there was little indication that within a relatively short period, Nigeria’s capital would make a dramatic leap into the country’s top five business-friendly destinations.
Today, that story has changed.
FCT’s remarkable rise in PEBEC ranking reflects ...
PAT ONUKWULI argues against reckless political and religious rhetoric
Some words heal; others leave scars that nations carry for generations. Words can calm a crowd or inflame a mob, bind a country together or turn neighbours into enemies. Nigeria must recognise this danger before reckless political and religious rhetoric hardens into something far more destructive. In a nation already ...
President Tinubu’s directive that the refineries be run as profitable ventures must be adhered to, writes SOLA ADEMORITAN
For decades, Nigeria’s refineries have stood as perhaps the most frustrating symbol of the country’s paradox: a nation endowed with abundant crude oil but repeatedly compelled to spend scarce foreign exchange importing refined petroleum products.
Against ...
Masashi Nakamura moved back to Japan to help his grandparents restore their aging Wagyu farm.Provided by Masashi NakamuraMasashi Nakamura grew up in Japan, dreaming of an international career.After studying and working abroad, a chance encounter with Wagyu cattle led him back.He traded IT for farming, earning less but finding more purpose rebuilding his grandfather's farm.This as-told-to essay is ...
Investors oversubscribed BOI’s N250bn Series 1 Fixed Rate Bond, demonstrating strong appetite for long-term domestic assets and confidence in Nigeria’s cap
Investors bid N4.93tn for CBN’s OMO bills, showing strong demand for high-yield short-term instruments due to the attractive OMO yield premium.
The Central Bank of Nigeria significantly boosted its FX interventions to $953m in March 2026, responding to increased demand and supporting market liquidi
The Federal Competition and Consumer Protection Commission (FCCPC) has warned the nation’s bakery and confectionary operators not to use cost pressures as an excuse to compromise quality in their production process.
Nigeria is boosting its defence industry by targeting local production of military hardware and anti-drone systems, reducing reliance on imports and creati
Former Kaduna Governor Nasir El-Rufai has filed a N10bn fundamental rights suit against the ICPC, alleging denial of family access during his detention.
The Diocese of Lagos Mainland, Anglican Communion, celebrates its 20th anniversary with a new history book. Discover the journey of the Lagos Anglican Dioc
The PDP in Benue State challenges Governor Hyacinth Alia to declare his stand on the Federal Government’s grazing reserve plan amidst growing opposition an
University of Ibadan Registrar, Ganiyu Saliu, urges Nigerian universities to embrace digital transformation, moving from paper-driven to data-driven regist
FiberOne aims for 1 million subscribers in five years, expanding its fibre network across Nigeria to meet growing demand for reliable internet connectivity
Fresh Sokoto attacks displace communities in Kebbe LGA, with over 300 cattle rustled and casualties reported. Residents flee amid heightened insecurity.
The Federal Government plans to transform over 4,000 abandoned mine pits in Plateau State into productive assets for energy, tourism, and fishery.
The CIBN tasks Nigerian banks to deepen MSME lending as government securities yields decline, ensuring sustained profitability and economic growth.
Commuters on the Mowe-Ofada Road in Ogun State lament its deplorable condition, leading to increased fares and business disruption.
Lagos State Government is establishing new recycling facilities in Badagry and Agbowa to manage over 13,000 tonnes of daily waste, promoting a circular eco
Polaris Bank’s CEO encourages Nigerian youth to pursue high-impact careers in tech, banking, and entrepreneurship for future economic growth. Discover more
PricewaterhouseCoopers (PwC) has identified six categories of virtual assets under Nigeria’s new tax framework, with the classification determining the taxes applicable to cryptocurrencies, stablecoins, security tokens, utility tokens, non-fungible tokens (NFTs) and sovereign digital currencies.
Tragedy strikes Kano as two separate building collapses in Kumbotso and Fagge LGAs leave five dead and 10 rescued. Learn more about the Kano building colla
Nigeria’s FX turnover declined by 44.9% to $2bn last week, driven by reduced spot transactions despite a surge in FX derivatives. Understand the market shi
Jetour Nigeria unveils the new Rely R8, a robust utility vehicle designed for agriculture, construction, and off-road use. Discover its advanced features a
FSL Asset Management launches its Commodity Fund, a strategic investment vehicle to channel non-bank capital into Nigeria’s agricultural ecosystem. Learn m
FCMB increases its FastCash instant loan limit to N500,000, offering customers quick access to funds without collateral. Learn more about the FCMB FastCash
Ekiti State Government investigates offensive odour complaints in Ado Ekiti, urging calm and warning against panic. Find out what measures are being taken.
Suspected herders attacked Benue communities in Ukum LGA, killing five. Governor Alia condemns the violence and vows to protect Benue people.
As part of efforts aimed at strengthening regulation, promoting professionalism and ensuring greater integrity in the advertising and marketing communications industry, the Federal Government has announced the inauguration of a newly-constituted Advertising Offences Tribunal (AOT).
Discover the untold story of Lagos’s informal waste pickers, driven by poverty but playing a crucial role in fighting plastic pollution and climate change.
Nigeria’s $50bn offshore investment target hinges on robust pipeline security and Niger Delta stability. Learn how securing pipelines is vital for economic
A 14-year-old boy tragically drowned in an Abuja canal while trying to retrieve his shoe. Police confirm the incident and ongoing investigation.
A hotel investor calls for improved development financing for construction and hospitality projects in Nigeria, highlighting the need for a viable project
TAJBank, Nigeria’s largest non-interest bank, reports a 74% surge in Profit Before Tax to N31.56bn in FY2025 and approves a higher dividend.
Nigerian governors continue to withhold LG funds despite a Supreme Court judgment, hindering grassroots development. Discover why political will is above t
The FRC urges auditors and regulators to ensure AI strengthens audit integrity and public trust in financial reporting, warning against ethical compromises
Nigeria’s stock market saw NGX trading volume surge 127% to N176bn last week, driven by financial services. Discover key sectors and market movements.
Odu’a Investment Company Limited achieves AA-(NG) and A1+(NG) credit ratings from GCR, reflecting strong liquidity and a robust financial profile.
Big Brother Naija Season 11 housemate, Neche, has voluntarily withdrawn from the reality TV show.
Neche, who served as the Head of House for the week, announced her decision to the other housemates shortly after Sunday’s live eviction show.
She gathered the housemates in the lounge and informed them that she had decided to leave the competition.
However, she ...