President Bola Ahmed Tinubu yesterday declared a nationwide security emergency following the escalating wave of abductions and violent attacks across the country. The President also directed the Nigerian Army and the Police to embark on immediate large-scale recruitment to strengthen the nation’s security architecture. In a personally signed statement, Tinubu instructed the National Assembly to …
Retirement in many parts of the world is something that is looked forward to with excitement, as it marks the end of decades of work and offers a chance to reshape how you spend your time. It also opens a door to freedom, self‑expression and new purpose. For most Nigerians, retirement does not elicit so …
Former President Goodluck Ebele Jonathan is safe and has departed Guinea-Bissau following Wednesday’s military coup that toppled the West African nation’s government, the Federal Government confirmed on Thursday. Kimiebi Ebienfa, spokesperson for the Ministry of Foreign Affairs, told journalists in Abuja that Jonathan had left the country aboard a special flight alongside members of his delegation, …
Access Holdings Plc has revealed plans to raise its paid-up share capital to N27.65 billion from N26.659 billion to meet regulatory compliance before the year-end. The bank is also seeking shareholders' approval to raise an additional N40 billion, or its equivalent in foreign currency, through a private placement. The tier-1 bank announced this in a …
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria to further cut interest rates, noting that the high cost of borrowing still hinders production and undermines competitiveness in the real sector. The association made the call while reacting to the recent decision of the Monetary Policy Committee (MPC) of the CBN …
The emergence of the Dangote Refinery is fundamentally reshaping Nigeria's oil industry, leading to a sharp decline in the country's dependence on imported fuel from places like Malta. According to TradeMap data, Nigeria's imports of Malta petroleum oils and oils derived from bituminous minerals fell to $818 million in 2024, down from more than $2.1 …
The Nigerian stock market returned to a bearish note on Wednesday, leaving investors with a loss of N444.32 billion at the end of the day’s trading session on the floor of the Nigerian Exchange Limited (NGX). It rebounded on Tuesday, November 25, halting its six-session downturn as investors heaved a sigh of relief with a …
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said constructing more modular refineries can help curb the cases of oil theft, pipeline vandalism and illegal refining in Nigeria. Lokpobiri stated this while inspecting the ongoing construction of a 30,000-barrel-per-day modular refinery project in Koko, Delta State, by Ebenco Global Link Limited. …
Guinea-Bissau slipped into yet another political crisis on Wednesday after military officers declared they had taken “total control” of the country, detaining the president and suspending all electoral activities just three days after the nation held legislative and presidential elections. Tension exploded in the capital, Bissau, earlier in the day when heavy gunfire erupted near …
Tanzanian President Samia Suluhu Hassan is facing heightened international scrutiny as a coalition of regional and global civil society organisations has petitioned the International Criminal Court (ICC) to investigate alleged crimes against humanity linked to the country’s disputed October 29 presidential election. The 82-page petition, submitted by groups including the Madrid Bar Association and the …
