Naija Gist Rader
Dangote Group, NNPC subsidiaries seal strategic gas supply agreements
Three subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc—have scaled up their Gas Sales and Purchase Agreements...
Wema, Mutual Benefits, Presco top stock pick this week
Nigerian stocks slightly depreciated by 0.1 per cent last week, driven by profit taking in bank stocks. That leaves the year-to-date yield of...
CPPE urges farm price stabilisation, farmer income protection framework
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian government to urgently adopt what it described as a...
Nigeria’s oil exports to drop as Bonga FPSO undergoes maintenance
Nigeria’s oil exports will fall by 225,000 barrels per day in February following the shutdown of the Bonga FPSO for scheduled turnaround maintenance.
The...
NDLEA arrests businessman with cocaine hidden in body and shoes at Lagos airport
A Brazil-based Nigerian businessman, Uche Franklin Onyekwere, has been arrested at Murtala Muhammed International Airport, Lagos, for concealing cocaine in his private parts and...
SERAP sues NNPCL over alleged missing $49.7 million, £14.3 million, other...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit seeking to compel the Nigerian National Petroleum Company Limited (NNPCL) to account for over N22.3...
First HoldCo’s impairment charge jumped 75% in 2025
First Holdco Plc recorded a 75.5 per cent surge in impaired credit provision in 2025, compared to 2024, according to its unaudited financial...
Otedola’s shareholding in First HoldCo rises to 18%
Femi Otedola, the Chairperson of First HoldCo Plc, has raised his stake in the financial services group to 18.1 per cent, according its...
Polyfarm crypto scam: NSCDC nabs operator accused of wiping investors’ funds
The Nigerian Security and Civil Defence Corps (NSCDC) has arrested a suspected operator of a fake cryptocurrency investment platform, Polyfarm, over allegations of...
Airtel Africa’s nine-month profit more than doubles as data revenue lifts...
Wireless operator Airtel Africa more than doubled its post-tax profit for the nine months to December 2025 to $586 million in reported currency...
