News

 Nigerian troops neutralised 102 terrorists and other criminal elements during coordinated nationwide military operations in July.  Security forces rescued 393 kidnapped victims, arrested 345 suspects, and secured the surrender of 57 insurgents alongside their family members.  Operations across...

Tolaram's 58.02 percent stake in Guinness Nigeria has grown from $70 million to about $355 million in just over two years. The brewer has returned to profitability after years of foreign exchange losses and balance sheet pressure. The...

Federal Government announces plans to begin a phased withdrawal of electricity subsidies from 2027 as part of sweeping power sector reforms. Power Minister Joseph Tegbe says the subsidy exit will be gradual, assuring Nigerians they will continue to...

NNPC's profit after tax rose 15.8 per cent to ₦535 billion in June, while revenue climbed to ₦4.39 trillion, reflecting stronger financial performance despite lower crude oil output. The national oil company remitted ₦6.29 trillion to the Federation...

Kenneth Okonkwo brands Peter Obi "classless, non-charismatic," dismisses defamation suit, and accuses former ally of misunderstanding the law Explosive television interview reignites bitter feud as Okonkwo backs Festus Keyamo's criticism and challenges Obi's litigation strategy Social media erupts...

New JAMB Registrar, Prof. Segun Aina, vows to dismantle examination malpractice networks and prosecute operators of admission fraud, impersonation and cybercrime. Board to deploy advanced technology, strengthen collaboration with security agencies and tighten monitoring of CBT centres to...

Nigerian Breweries grew profit before tax by 18 percent to ₦156.3 billion in the first half of 2026 as stronger revenue and lower finance costs lifted earnings. The brewer eliminated its interest-bearing debt and returned retained earnings to...

Ministers of Aviation and Foreign Affairs, Festus Keyamo and Ambassador Bianca Odumegwu-Ojukwu, will headline the third Expatriates Business Awards in Abuja on August 20, bringing together diplomats, investors and business leaders. The gathering is expected to focus on...

The US State Department has apologised after an official presentation at the AIDS 2026 Conference displayed an AI-generated map that incorrectly labelled Nigeria and several other African countries. The erroneous map misplaced Nigeria as a landlocked nation, relocated...

MTN Nigeria reported a record ₦1.09 trillion profit before tax in the first half of 2026, driven by strong growth in data revenue, improved operating efficiency and lower borrowing costs. Revenue rose 25.9 percent to ₦2.99 trillion, while...