A successful Coronation Insurance capital injection in Nigeria reaching N9.2 billion has set the underwriter up to take on much larger corporate risks. Following a virtual Extraordinary General Meeting, shareholders backed a private placement to strengthen the firm’s balance sheet.…
A Federal High Court in Gombe State has ordered the Peoples Democratic Party (PDP) to conduct a fresh governorship primary election in the state. Justice Amina Aliyu Mohammed delivered the ruling on Thursday in a suit filed by PDP governorship…
The temporary Bamboo app downtime during IPO occurred when retail investor demand soared beyond ten times normal levels within minutes of the Dangote Refinery public offer going live. Chief Executive Officer Richmond Bassey confirmed that user traffic quickly overwhelmed the…
The planned nationwide edible oil tanker drivers strike has been officially suspended following direct intervention from the Federal Government and the Department of State Services. Scheduled to begin on September 23, 2026, the industrial action threatened to disrupt essential food…
Central Bank Governor Olayemi Cardoso announced that monetary authorities stand ready to tame rising election liquidity risks in Nigeria. Addressing journalists following the 307th Monetary Policy Committee meeting in Abuja, Cardoso confirmed that the apex bank completed detailed simulations on…
African payment gateway Flutterwave appoints Morounke Olufemi as CFO to direct its international financial trajectory and accelerate long-term expansion. She succeeds outgoing finance head Mitesh Popat, who stepped down after two years to launch an enterprise media venture. Olufemi previously…
Monetary authorities have made addressing election liquidity risks in Nigeria a primary focus as political spending ramps up across the country. Central Bank of Nigeria Governor Olayemi Cardoso confirmed that the apex bank is fully prepared to manage potential financial surges ahead of…
The Abuja Federal High Court, presided over by Justice Joyce Abdulmalik, has adjourned till October 26, 2026, to rule on a no-case submission filed by former Kaduna State Governor, Nasir El-Rufai, in the alleged phone-tapping case brought against him by…
A United States lobbying firm, Von Batten-Montague-York, L.C., has accused Nigeria’s High Commissioner to South Africa, Femi Fani-Kayode, of threatening to kidnap and physically harm its principal, Dr. Karl Von Batten, over his continued push on the drug case allegations…
The Federal Government has announced plans to hold a consultative meeting with refiners, depot owners, marketers, and retailers on Tuesday in a bid to find common ground on the competitive pricing of fuel and other petroleum products in the interest…
For a country dealing with economic hardship, insecurity, rising fuel prices and the political manoeuvring ahead of the 2027 elections, Nigeria is currently facing an unusual situation at the highest level of government. President Bola Tinubu has been out of…
Dangote Refinery has reduced the price of Premium Motor Spirit (PMS) at its gantry from N1,350 to N1,325 per litre as crude oil prices continued to decline on Monday. A market survey by DAILY POST showed that the 700,000-barrel-per-day refinery…
President Bola Tinubu has described his wife, Oluremi, as his “truest friend and confidante” as she celebrates her 66th birthday. In a birthday tribute posted on his verified X handle on Monday, Tinubu praised the First Lady for her patience,…
Alhaji Ibrahim Idris, a former governor of Kogi State, has died at the age of 77 in the United Kingdom on Sunday, September 20, 2026. Following news of his passing, Kogi State Governor Ahmed Usman Ododo, former governor Yahaya Bello,…
As diphtheria cases rise across Nigeria, the Benue State Ministry of Health and Human Services has intensified disease surveillance and emergency preparedness. Dr Paul Ogwuche, Commissioner for Health and Human Services, told reporters in Makurdi that Benue had not recorded…
