Securing large-scale private equity in energy markets requires demonstrating clear operational strength. In a major milestone for African capital markets, Dangote Petroleum Refinery and Petrochemicals has successfully concluded a $2.5 billion Dangote Refinery private placement. The private capital round attracted…
President Bola Tinubu has approved the expansion of the Nigerian Army from eight to 12 divisions and the recruitment of 28,000 additional personnel to strengthen the country’s security architecture. The Presidency stated that the decision aims to boost the Army’s…
The House of Representatives passed the Executive Bill establishing state police during Thursday’s plenary session. This passage follows the Nigerian Senate’s approval of its own version, bringing the nation closer to a decentralized policing system designed to boost local law…
An aircraft belonging to Enugu Air has crash landed at Benin City airport in Edo State. This occurred as the plane veered off the runway at Benin Airport on Thursday, however the airline confirmed that crew members and passengers evacuated…
When running a premier hospitality business, managing rising energy costs and inflation is a constant challenge. Yet, strong guest demand has pushed Ikeja Hotel financial growth into impressive territory this year. The listed hospitality company posted a pre-tax profit of…
In a decisive crackdown on economic sabotage, naval troops have dismantled a growing network of illegal refineries hidden deep in the Niger Delta backwaters. The successful Nigerian Navy crude oil theft operation took place across the Wakama/Bolo and Aworkiri communities…
The local equities exchange started the third week of July on a remarkably strong note as renewed investor optimism swept through trading floors. Strategic accumulation of industrial and financial assets pushed total NGX market capitalization growth up by 1.76 trillion…
Senegal’s President, Bassirou Faye, has been elected as the new Chairman of the Economic Community of West African States (ECOWAS), taking over from Sierra Leonean President Julius Maada Bio. Faye was chosen to lead the regional bloc during the 69th…
The dream of a unified continent faces renewed pressure as regional leaders confront a diplomatic crisis. Speaking at a high-level summit, Nigerian President Bola Tinubu urged West African nations to present a solid front against targeted violence targeting foreign workers.…
The Transmission Company of Nigeria(TCN) has announced yet another a blackout in Abuja on Saturday, July 18, 2026. TCN spokesperson Ndidi Mbah confirmed the development in an official statement released on its official X handle on Saturday. The Transmission Company…
The Federal Government on Friday arraigned three men before the Federal High Court in Abuja over the alleged abduction of schoolchildren and teachers in Orire Local Government Area of Oyo State. The defendants, identified as Abdulrazak Umar (also known as…
The Federal Government has renamed the Lagos-Calabar Coastal Highway as the President Bola Ahmed Tinubu Coastal Highway. Works Minister David Umahi explained that the government renamed the highway to honor the President’s long-standing vision for the project. Umahi announced the…
Focus Key Phrase: Abuja airport cargo inspections Importers and logistics managers in Nigeria have long struggled with slow clearance times at major entry points. To solve this persistent issue, the Nigeria Customs Service is introducing a modern technological solution. This…
Amaka, an aspiring fashion designer in Lagos, was absolutely thrilled when she officially registered her boutique in 2016. To her, corporate incorporation felt like the ultimate seal of professional legitimacy. However, in her intense focus on daily sales and sourcing…
David, an IT consultant from Lagos, spent years tracking space exploration news with genuine passion. He celebrated every rocket launch like a local sports victory. When the opportunity finally arrived to buy into the commercial space giant, he invested a…
