News Editor

Seplat Posts N1.2tn Revenue, Gross Profit Rises To N535b

Seplat Energy Plc, on Monday, announced its audited results for the three months ended March 31, 2025, recording a revenue of N1.228 trillion for the period from N268.6 billion reported in the same quarter last year. Its gross profit soared to N535.4

April 29, 2025

Borno Mourns As 30 Persons Die In Boko Haram Attacks

About thirty persons, including women and children, have been killed as a result of Boko Haram activities in Chibok and Kala Balge on Monday in Borno State Seven mourners were shot dead in a Community in Chibok while holding a third-day prayer

April 29, 2025

Nnamdi Kanu: Court Grants FG’s Requests for Witnesses to Testify behind Screens

The trial of the embattled leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has resumed on Tuesday at the Federal High Court, Abuja. The court, led by Justice James Omotosho, granted the request of the Federal Government for witnesses to

April 29, 2025

Protect Integrity Of Judiciary, Kekere-Ekun Tells NBA

The Chief Justice of Nigeria, the Honourable Justice Kudirat Kekere-Ekun has challenged the Nigerian Bar Association to rise and defend the integrity of the Nigerian judiciary. This is contained in a statement by the Senior Special Assistant to the Chief Justice of

April 29, 2025

Abu Dhabi Launches $500m Maternal Health Fund For Africa

A $500-million fund aimed at improving maternal and neonatal health in sub-Saharan Africa was launched Tuesday in Abu Dhabi at a time when Western countries are sharply cutting aid to Africa. The Beginnings Fund brings together philanthropists, including the Gates Foundation and

April 29, 2025

Life & style·News

EFCC Arrests Socialite Achimugu Over Alleged Money Laundering

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested businesswoman, Aisha Achimugu, at the Nnamdi Azikiwe International Airport, Abuja. Achimugu was arrested around 5 am on Tuesday shortly after her return from London. A top EFCC staff confirmed this to

April 29, 2025

Warri Refinery Shutdown Sparks Outrage Over $897m NNPCL Revamp Failure

The Nigerian National Petroleum Company Limited (NNPCL) is facing growing backlash from energy sector stakeholders following the shutdown of the Warri Refining and Petrochemical Company (WRPC) barely a month after it was declared operational—despite a staggering $897.6 million spent on its revitalization.

April 29, 2025

Agatu Council Issues 48-Hour Ultimatum to Fulani Herders as ECWA Raises Security Alarm

The Chairman of Agatu Local Council in Benue State – James Ejeh has given Fulani herders a 48-hour ultimatum to vacate all farmlands in the area. The directive was announced during a stakeholder’s meeting held on Saturday, April 26, 2025 at the

April 29, 2025

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Trump’s Next 100 Days to Focus on Trade, Peace Talks, Say Officials

President Donald Trump and his team are gearing up to mark his first 100 days in office with a series of celebrations while laying out ambitious plans for the next phase of his administration, White House officials said this week. The coming

April 29, 2025

Life & style·News·Religion

BREAKING: Court Sentences Gospel Singer Osinachi’s Husband To Death

Justice Njideka Nwosu-Iheme of the High Court of the Federal Capital Territory, Wuse Zone 2, Abuja, has sentenced the husband of late gospel singer, Osinachi, Peter Nwachukwu, to death by hanging. Justice Nwosu-Iheme found him guilty of culpable homicide resulting in the

April 28, 2025

FG Raises Alarm Over Growing Cyber Slavery In West Africa

The federal government has raised alarm over the rise of cyber slavery across parts of West Africa. The development comes days after the Federal Bureau of Investigation (FBI) disclosed that the United States lost nearly $65 million over the past two years

April 28, 2025

Economy·News·Politics

FG Approves Establishment Of Textile Development Board, $90b Agribusiness, Livestock Development Plan

To reposition Nigeria’s economy and tackle insecurity at its roots, the National Economic Council (NEC) has approved the establishment of a Cotton, Textile, and Garment Development Board, alongside new strategies for agribusiness expansion and livestock transformation initiatives. The initiative is projected to

April 28, 2025

Rice Prices Fall to N58,000 Amid Smuggled Imports from Benin

A report by S&P Global has revealed that the price of a 50kg bag of rice has reduced significantly to N58,000 in parts of Nigeria, following an influx of imported rice through the Republic of Benin. The report noted that the West

April 28, 2025

NDIC Commences N46.6b Payout To Defunct Heritage Bank’s Top Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment of N46.6 billion as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank, whose funds exceeded the maximum insured limit of N5 million. The corporation announced the development in

April 28, 2025

Fitch Upgrades Lagos, Kaduna, Two Others’ Investment Ratings

Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings of Lagos, Kaduna, Kogi, and Oyo states from ‘B-’ to ‘B. The agency announced the development on its website on Saturday. According to Fitch, the rating action follows the upgrade

April 28, 2025

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