Dangote Cement Plc has said it is considering a potential secondary listing on the London Stock Exchange (LSE) as part of efforts to deepen its access to international capital markets. The company disclosed the development in a statement to the investing public on Wednesday, signed by its Company Secretary, Edward Imoedemhe, following an emergency board …
Nigeria’s oil output rose to 1.663 million barrels per day (bpd) in April, representing a 7.58 per cent increase from 1.546 bpd recorded in March 2026. According to data released on Tuesday by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), crude oil production alone averaged 1.488 million bpd in April, achieving 99.2 per cent of …
The Minister of Housing and Urban Development, Dr. Muttaqha Rabe Darma, has stated that the resolutions from the Renewed Hope Housing Public-Private Partnership (PPP) Summit will be integrated into the Ministry’s upcoming Strategic Plan, a framework designed to transform housing delivery and stimulate economic growth across Nigeria. Dr. Darma made the declaration in his address …
First HoldCo Plc, the parent company of First Bank of Nigeria, said it is seeking shareholders’ approval to raise ₦253.099 billion in fresh equity capital. The move is aimed at strengthening its balance sheet and approaching a ₦1 trillion paid-up capital base, which the bank earlier sought. The group made the proposal in a notice …
Nine African countries are currently listed under the United States’ highest travel advisory level, known as Level 4, Do Not Travel, highlighting the scale of insecurity across multiple regions of the continent. Out of 21 countries worldwide placed on the U.S. State Department’s strongest travel warning, nine are in Africa, meaning nearly half of the …
Food prices in Nigeria could decline by the next harvest season if governments at all levels strengthen security and take deliberate steps to reduce production costs for farmers, the All Farmers Association of Nigeria (AFAN) has said. Speaking on Tuesday in Lagos, the Deputy Chairman of AFAN, Lagos State Chapter, Mr Shakin Agbayewa, explained that …
The Independent National Electoral Commission (INEC) says it will deploy more than 1.4 million ad hoc personnel, mostly members of the National Youth Service Corps (NYSC), for the 2027 general elections. INEC Chairman, Prof. Joash Amupitan, disclosed this during a courtesy visit to the headquarters of the NYSC in Abuja, where he led a delegation …
ActionAid Nigeria has called for impeachment proceedings to be instituted against any state governor found culpable of diverting state resources to finance political activities ahead of the 2027 general elections. The organisation's call followed allegations that some serving governors may be mobilising state resources to finance political activities ahead of the 2027 general elections. The concerns …
The 2023 presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Musa Kwankwaso, has said he is willing to serve as running mate to Peter Obi in the 2027 presidential election. Kwankwaso made the declaration during an interview on Arise Television’s Prime Time programme, where he said he would gladly work with Obi, a …
Proceedings in a suit seeking to stop former President Goodluck Jonathan from contesting the 2027 presidential election were stalled on Monday at the Federal High Court in Abuja following the absence of the plaintiff and key defendants. The suit, filed by lawyer Johnmary Jideobi before Justice Peter Lifu, could not proceed after neither counsel to …
