Why Nigeria’s banks are still on shaky ground with big profits, weak capital, by Blaise Udunze
Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful and strong amid triumphal headlines. The figures…
Air Peace strikes Emirates deal for one-ticket London flights
Air Peace and Emirates have announced a bilateral interline agreement allowing passengers to book single-ticket travel from Nigerian and West and Central African cities to UAE, London, and other destinations.…
NNPC/Chevron JV announce big oil find in Niger Delta
The Nigerian National Petroleum Company (NNPC) Limited says Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL joint venture (JV), has completed the Awodi-07 appraisal and exploration well. In a…
Student unions threaten nationwide protests over deplorable federal roads
The joint leadership of student unions in Nigerian tertiary institutions has threatened to embark on nationwide protests on February 4 over the “deplorable state” of federal roads across the country.…
Shell Global CEO praises Tinubu’s leadership, commits $20bn to offshore projects
In a major boost to Nigeria's oil sector, Shell Plc's Chief Executive Officer, Wael Sawan, has hailed President Bola Tinubu's visionary leadership as the key driver behind the energy giant's…
Soludo orders one-week closure of Onitsha Main Market
Anambra State Governor, Chukwuma Soludo, has ordered the immediate closure of the Onitsha Main Market for one week following the continued observance of the Monday sit-at-home by traders. The order…
APC rejects claims of replacing Shettima as Tinubu’s 2027 running mate
The All Progressives Congress (APC) has dismissed reports suggesting that Kashim Shettima, the vice-president, could be replaced as President Bola Tinubu’s running mate ahead of the 2027 general election. A…
22 Kano lawmakers defect to APC after Yusuf’s exit from NNPP
Twenty-two members of the Kano State House of Assembly have defected from the New Nigeria Peoples Party to the All Progressives Congress. The lawmakers announced their defection during a plenary…
DHQ finally confirms coup attempt, indicted officers to face military trial
The Defence Headquarters on Monday said investigations into alleged misconduct by some officers revealed claims of a plot to overthrow the government. In October 2025, the DHQ announced the arrest…
Heirs Holdings announces two new Non-Executive Board appointments
Leading pan-African investment company, Heirs Holdings, has announced the appointment of Obinna Ufudo and Sola Yomi-Ajayi as Non-Executive Directors. The new directors bring extensive expertise in finance, energy, governance, and…
