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Arik Air: CBN Board Approved AMCON Takeover, EFCC Tells Court

February 26, 2026

The ongoing EFCC Arik case at the Special Offences Court sitting in Ikeja, Lagos State resumed on Wednesday February 25, after the Christmas, and New Year holidays with the 4th witness, Mr Bawa Usman Kaltungo informing the Court that it

CPPE Highlights What Must Be Done To Sustain Disinflation In Nigeria

News

CPPE Welcomes CBN Rate Cut, Flags Potential Limitations

February 26, 2026

by Prosper Okoye

The Centre for the Promotion of Private Enterprise (CPPE) has welcomed the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) by 50 basis points to 26.5 percent, describing it as a positive signal for growth.

Business

Agro-Economy·Business·News·Nigeria·Top Stories

Worry Grows as Tinubu Extends Ban on Raw Shea Nut Exports

February 26, 2026

President Bola Tinubu has extended the ban on exporting raw shea nuts for another year, from 26 February 2026 to 25 February 2027, in

Business·Markets·News·World News

Aston Martin to Cut 20% of Workforce Over Rising Losses

February 25, 2026

British luxury carmaker Aston Martin has announced plans to reduce its workforce by up to 20 percent, following widening annual losses linked to US

Business·Top Stories

Production Cost Gulped More Than Half Of Fidson’s Revenue In 2025

February 25, 2026

Fidson Healthcare Plc generated N119.06 billion revenue in 2025, exceeding the N84.18 billion topline recorded in 2024, representing 41.42 percent. In the company’s unaudited

Naira Opens Week With Gain Across FX Markets

Business·Top Stories

Dollar Rate Declines In Black Market, Rises In Official Window

February 25, 2026

The foreign exchange (FX) rate for the United States dollar (USD) declined to N1,404.8 kobo per $1 on Wednesday, February 25, from N1,428.53 kobo

Business·News·Oil & Gas·Top Stories

Dangote Refinery to Supply 65m Litres of Petrol Daily, Targets 20m Litres for Export

February 25, 2026

Nigeria’s fuel supply landscape is set for a major shift as the Dangote Petroleum Refinery & Petrochemicals announced plans to supply over 65 million

Politics

News·Nigeria·Politics·Top Stories

2027: Odinkalu Questions Amupitan’s Ability to Deliver Credible Polls

February 25, 2026

Nigerian human rights lawyer, Chidi Odinkalu, has expressed doubts about the ability of the country’s electoral body to conduct credible elections, following concerns over recent local polls in the capital. Speaking on a television programme, Mr Odinkalu criticised the Independent National Electoral Commission (INEC), saying its performance in the Federal Capital Territory (FCT) council elections fell short of expectations. He

News·Politics·Security·Top Stories·World News

US Warns of Iranian Missile Threat as Nuclear Talks Continue

February 25, 2026

US President Donald Trump has said Iran is seeking to develop missiles

News·Politics·Top Stories

Gunmen Attack Obi’s Convoy in Edo State

February 24, 2026

Unidentified gunmen opened fire on the convoy of Peter Obi, former Labour

News·Nigeria·Politics·Security·Top Stories

El-Rufai Asks Court to Dismiss DSS Charges

February 24, 2026

Former Kaduna State governor Nasir El-Rufai has asked the Federal High Court

News·Politics·Top Stories

Bayelsa Assembly Confirms Akpe as New Deputy Governor

February 24, 2026

The Bayelsa State House of Assembly has confirmed Peter Akpe as deputy

Entertainment

Emmys 2025: ‘Adolescence’ Win Big, Full Winners List

September 15, 2025

The 2025 Emmy Awards were handed out Sunday, with Adolescence, The Studio, The Pitt, and The

Entertainment

How To Vote For AFRIMA 2025

September 9, 2025

The countdown to AFRIMA 2025 has officially begun as the All Africa Music Awards announced that

Entertainment

Full AFRIMA 2025 Nominations List: Davido, Burna Boy Lead List

September 5, 2025

The wait is over! The African Music Awards (AFRIMA) 2025 nominees list has been officially released,

Entertainment

AFRIMA 2025 Nominees List Unveiled: Voting Details, Top Contenders

September 5, 2025

The African Music Awards (AFRIMA) 2025 nominees list is finally here, music fans across the continent

Entertainment

Court Orders Mohbad’s Wife To Run DNA On Their Son

September 4, 2025

A Lagos State Magistrate Court sitting in Ikorodu, on Tuesday, September 2, 2025, ordered a DNA

Technology

News·Technology·Top Stories·World News

US Denies Selling AI Chips to China Amid Security Concerns

February 25, 2026

A high-end Nvidia chip that can train and run artificial intelligence systems has not yet been sold to Chinese firms, a US Commerce Department

News·Nigeria·Technology·Top Stories

EU Funding Boosts Nigeria’s Internet Expansion Plans

February 19, 2026

Faster and more reliable internet could soon reach millions of Nigerians after the European Union pledged €22m to support the country’s fibre-optic expansion. The

Markets·News·Politics·Technology·Top Stories·World News

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

February 18, 2026

Inside a glass factory in north-west England, molten glass pours through chutes and is blown into bottles in furnaces that burn around the clock.

Africa·News·Technology·Top Stories

Gabon Suspends Social Media Amid Rising Unrest

February 18, 2026

Gabon’s media regulator has ordered the suspension of social media platforms “until further notice,” citing content that it says is fuelling division and unrest

MTN Shareholders, Karl Toriola Lose N581.57bn Within Three Days

Business·News·Technology·Top Stories

Nigeria Reviews MTN Group’s Acquisition of IHS Towers Over Sector Impact

February 17, 2026

The Federal Government has said it will undertake a comprehensive assessment of the reported acquisition of IHS Towers by MTN Group, citing the strategic

Sport

Business·News·Sports

Stripe Explores Possible Deal for PayPal as Takeover Speculation Lifts Shares

February 24, 2026

Financial technology company Stripe is exploring a potential acquisition of PayPal or parts of its operations, Bloomberg News reported on Tuesday. The report said Stripe has conveyed early-stage interest in a transaction involving the digital payments firm, though deliberations remain preliminary and may not result in a formal offer. Both companies declined to comment, and Reuters said it was unable

FEATURES·Sports

Brain Drain in Nigerian Sports: Governance, Trust and the Ofili Question

February 21, 2026

When Favour Ofili confirmed her decision to switch allegiance to Turkey, the

News·Sports·Top Stories

18 Senegalese Fans Jailed After AFCON Final Disturbances in Morocco

February 19, 2026

A Moroccan court has sentenced 18 Senegalese football fans to prison terms

Diaspora·News·Sports

UK-Based Nigerian Footballer Dies After Suffering Severe Brain Injury

February 8, 2026

A Nigerian non-league footballer, Saburi Olayinka Adeniji, has died in the United

Opinion·Sports·Top Stories

Giants Real Madrid Becoming Teeters

February 2, 2026

Ordinarily, there ought to be no big deal about Real Madrid or

Markets

Currency·Finance & Economy·Markets·News·Nigeria·Top Stories

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

February 24, 2026

Nigeria recorded a sharp increase in foreign capital inflows in the third quarter of 2025, but the Centre for the Promotion of Private Enterprise

Business·Markets·Top Stories

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

February 19, 2026

By Lukman Otunuga In a welcome development for Nigeria’s economy, inflation unexpectedly slowed in January, with prices rising 15.1% year-on-year. This represented a slight

African Countries With The Largest Proven Oil Reserves In 2025

Markets·News·Top Stories·World News

Markets Fall as Iran Signals New Chance for Nuclear Talks

February 17, 2026

Global shares slipped and oil prices fell on Tuesday after Iran offered a cautiously positive response in nuclear talks with US officials in Geneva,

Business·Markets·News·Nigeria·Top Stories

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

February 17, 2026

The Anambra State Government has sealed dozens of shops at two major markets in Idemili North council area after traders failed to open for

‘CBN’s Interest Rate Remains High, Choking Businesses’

Business·Insights·Markets·Opinion

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

February 17, 2026

The main fears and warnings of critics of the actions of Anambra governor, Professor Chukwuma Soludo about sit-at-home and closure of the Onitsha Main

Latest

Business·News·Top Stories

Arik Air: CBN Board Approved AMCON Takeover, EFCC Tells Court

February 26, 2026

The ongoing EFCC Arik case at the Special Offences Court sitting in Ikeja, Lagos State resumed on Wednesday February 25, after the Christmas, and New Year holidays with the 4th witness, Mr Bawa Usman Kaltungo informing the Court that it was indeed

News

CPPE Welcomes CBN Rate Cut, Flags Potential Limitations

February 26, 2026

The Centre for the Promotion of Private Enterprise (CPPE) has welcomed the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) by 50 basis points to 26.5 percent, describing it as a positive signal for growth. In a

Agro-Economy·Business·News·Nigeria·Top Stories

Worry Grows as Tinubu Extends Ban on Raw Shea Nut Exports

February 26, 2026

President Bola Tinubu has extended the ban on exporting raw shea nuts for another year, from 26 February 2026 to 25 February 2027, in a bid to boost local processing and value addition. Nigeria has the largest shea belt in the world,

Finance & Economy·News·Nigeria·Top Stories

Tinubu Targets N40.7tn in Tax Revenue for 2026

February 25, 2026

President Bola Ahmed Tinubu’s administration is aiming to collect N40.7 trillion in revenue for 2026, Executive Chairman of the National Revenue Service (NRS), Zacch Adedeji, told the House of Representatives on Wednesday. The target covers taxes, petroleum earnings, mineral royalties, and other

FEATURES

Tunji Disu: Steering Nigeria’s Police Into a New Era

February 25, 2026

President Bola Tinubu on February 24, 2026, appointed Tunji Disu as the Acting Inspector-General of Police (IGP), following the resignation of Kayode Egbetokun. The appointment, coming less than a year after Disu’s promotion to Assistant Inspector-General of Police, marks the rise of

Entertainment·FEATURES·Music·Top Stories

How Singer Simi Got Caught in Rape Accusations

February 25, 2026

Nigerian singer and songwriter Simisola Kosoko, popularly known as Simi, has found herself at the centre of controversy after old social media posts resurfaced, prompting calls for an investigation into her mother’s daycare. The National Agency for the Prohibition of Trafficking in

Business·Markets·News·World News

Aston Martin to Cut 20% of Workforce Over Rising Losses

February 25, 2026

British luxury carmaker Aston Martin has announced plans to reduce its workforce by up to 20 percent, following widening annual losses linked to US tariffs and weak demand in China. The cuts will affect around 600 employees, out of the company’s 3,000-strong

News·Technology·Top Stories·World News

US Denies Selling AI Chips to China Amid Security Concerns

February 25, 2026

A high-end Nvidia chip that can train and run artificial intelligence systems has not yet been sold to Chinese firms, a US Commerce Department official said. The H200 chip had previously been blocked from sale in China over national security concerns. In

EU Approves New Round Of Sanctions Against Russia As Ukraine’s Invasion Anniversary Nears

News·Top Stories·World News

Ukraine Drone Strike on Russian Fertiliser Plant Kills Seven

February 25, 2026

A Ukrainian drone attack on a fertiliser plant in Russia’s western Smolensk region has killed seven people and injured 10 others, Russian officials said. The plant, located just outside the town of Dorogobuzh, lies around 290km (180 miles) from the Ukrainian border.

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