Nigerian Agency Arrests Mexican Drug Kingpin
The National Drug Law Enforcement Agency (NDLEA) in Nigeria has arrested a Mexican drug kingpin attempting to flee the country, according to local reports. The arrest comes as authorities dismantled a…
Dangote IPO Strains Nigeria's Fintech Platforms
The Dangote Refinery Initial Public Offering (IPO) has triggered unprecedented demand, overwhelming key fintech platforms in Nigeria. With over N1.5 trillion subscribed, the IPO has exposed critical g…
Madica Invests In Five New Companies Across Africa
Madica, a pre-seed investment program focused on Africa, has allocated up to $1 million to five new startups across Algeria, Cameroon, and Nigeria. The initiative aims to support early-stage businesse…
Federal High Court in Abuja delays ADC leadership case
The Federal High Court in Abuja has postponed the hearing of a legal challenge against the leadership of the Abuja Development Council (ADC) until September 28. The case, which questions the legitimac…
Nigeria’s minimum wage fails to keep pace with soaring fuel prices
Nigeria raised its minimum wage to N70,000 in 2024 to address rising living costs. However, global oil prices have climbed above $100 per barrel, putting pressure on the policy’s effectiveness. The in…
Nigerian Oil Refinery IPO Sets New Record in Africa
Nigerian billionaire Aliko Dangote's initial public offering (IPO) of his oil refinery has set a new record in Africa, raising over $1.6 billion. The offering, which opened on Monday, allows retail in…
Nigeria's financial system set to gain N3.56trn in liquidity
Nigeria's financial system is set to receive an estimated N3.56 trillion in liquidity this week, according to recent reports. The influx comes as the Central Bank of Nigeria continues its efforts to s…
Nigeria and India Aim to Boost Trade to $15bn Amid New Economic Ties
Nigeria and India have agreed to strengthen their economic partnership, aiming to restore bilateral trade to its previous peak of nearly $15 billion. The renewed cooperation comes as Indian Prime Mini…
Nigeria's Dangote Launches Africa's Largest IPO for Oil Refinery
Nigeria’s billionaire Aliko Dangote has launched what is expected to be Africa’s largest initial public offering (IPO) with his $20 billion oil refinery. The IPO, which opened on Monday, allows retail…
Nigerian Investors Targeted by Ghanaian Developers with High-Yield Offers
Ghanaian developers are targeting Nigerian investors with high-yield, transparent real estate offers, according to a recent report. The initiative highlights growing cross-border investment interest i…
Nigeria Faces Debate Over Petrol Subsidy Policy
Nigeria's government is under increasing pressure to decide whether to reverse, retain, or reform its petrol subsidy policy, as economic challenges mount. The debate has intensified following recent r…
Dangote Refinery Launches N2.15tn IPO on NGX
The Nigerian Exchange (NGX) saw a significant surge in activity as Dangote Refinery officially launched its Initial Public Offering (IPO) on Monday, September 14, 2026. The offering, valued at N2.15 t…
Federal Govnmt Allocates N10.5bn for Digital Skills Training
The Federal Government has announced a significant investment of over N10.5 billion to establish a Digital Training Academy aimed at equipping young Nigerians with essential digital skills. The initia…
Nigerian Politicians Call for Transparency Amid Pressure on Federal Jobs
Hon. Olatunbosun Oyintiloye, a chieftain of the All Progressives Congress in Osun, has called on the Federal Character Commission to resist pressure from influential Nigerians and ensure transparency…
NAMA denies spending N7.58bn on airport systems
NAMA has denied allegations that it spent N7.58 billion on Category III Instrument Landing Systems for Lagos and Abuja airports. The claim suggests the procurement was unnecessary. NAMA stated the fun…
Nigeria Enrolls 2,296 in UK Passport Drive
Nigeria's immigration service has processed over 2,296 passport applications in the first week of its Special Passport Intervention Exercise in the UK. The operation, launched from Abuja, aims to stre…
Nigerian Opposition Challenges Tinubu's Leadership Ahead of Elections
President Bola Tinubu has called for a rethinking of global governance and financial systems, positioning Nigeria as a leader in Africa within the BRICS alliance. His push for structural reforms highl…
Dangote refinery opens IPO to reshape Africa's energy sector
The Dangote Petroleum Refinery in Nigeria is set to launch its initial public offering today, marking a significant step in Africa's energy landscape. The IPO, which seeks to raise $1.6 billion, is ex…
Chimamanda Adichie Announces No Return to Nigeria After Son’s Death
Chimamanda Ngozi Adichie, renowned Nigerian author, has announced she will not return to Nigeria after the death of her 21-month-old son, Nkanu. The decision came during an interview with The New York…
Dangote Refinery Launches IPO, Offering Shares to Africans
Dangote Petroleum Refinery and Petrochemicals has launched its initial public offering, offering shares to investors across Africa. The IPO, valued at N2.15 trillion, marks a significant step in the d…
Former PDP Chairman Bamanga Tukur Laid to Rest in Yola
The remains of Alhaji Bamanga Tukur, a former National Chairman of the Peoples Democratic Party (PDP) and respected elder statesman, were laid to rest in Yola. Tukur, who passed away in Abuja at the a…
Nigeria Confirms Two Nationals Killed in South Africa Amid Tensions
Two Nigerian nationals were killed in South Africa, according to the Nigerian government, as anti-migrant tensions escalate in the country. The incident occurred amid growing hostility toward migrants…
Dangote Refinery IPO Set for 2026
The Dangote Petroleum Refinery and Petrochemicals FZE is preparing to launch its Initial Public Offering (IPO) in September 2026, according to a recent update. The project, based in Lagos, Nigeria, re…
Nigerian Leader Calls for Transparency Amid FCC Leadership Change
A Nigerian political figure has called on the newly appointed head of the Federal Communications Commission to resist pressure from influential individuals and prioritize transparency. Olatunbosun Oyi…
Dangote Refinery IPO opens to Nigerians tomorrow
The Dangote Petroleum Refinery Initial Public Offering (IPO) will open to the public on September 14, marking a significant step in Nigeria's economic development. The IPO aims to transform Nigerians…
2027 Nigerian Election: Tinubu, Atiku, Obi Final Presidential Candidates
President Bola Tinubu of the APC, former Vice President Atiku Abubakar, and former Anambra State governor Peter Obi are among the 19 candidates officially cleared by the Independent National Electoral…
Former Benue Governor Explains Lending Vehicle to Obi During Visit
Former Benue State Governor Samuel Ortom has explained why he lent his vehicle to Labour Party presidential candidate Peter Obi during his recent visit to the state. Speaking at a news conference in M…
Nigerian Diplomat Demands Justice After Two Killed in South Africa
Two Nigerian nationals were killed in Johannesburg, South Africa, prompting Nigerian High Commissioner-designate Femi Fani-Kayode to demand justice. The victims, Bishop Michael Taiwo Fakunle and James…
Nigerian Leader Tinubu Mourns Former Governor Bamanga Tukur
President Bola Tinubu has expressed deep sorrow over the death of Bamanga Tukur, a former governor and influential political figure. Tukur, who died at the age of 90, was widely respected for his cont…
Nigerian Leaders Demand Justice After Seven Killed In South Africa
Nigerian officials have escalated their calls for justice after seven Nigerian nationals were killed in xenophobic attacks in South Africa. The escalating violence has prompted strong reactions from b…