FirstHoldCo gross profit surges 72% in Q1
FirstHoldco Plc delivered a masterclass performance in its first-quarter 2026 financials, recording a 72% year-on-year profit before tax (PBT) growth. Profit before tax (PBT) jumped to ₦321 billion from ₦186.47…
US to revoke passports of parents owing child support
The United States Department of State says it will begin revoking the passports of parents who owe large amounts of unpaid child support. The department told the Associated Press…
Dangote revives plans to list cement business on London bourse
Aliko Dangote, founder and president of Dangote Group, says he is planning to list his cement business on the London Stock Exchange for the second time. The renewed interest comes…
Abdulsamad Rabiu now second wealthiest African as net worth hits $18.6bn
Abdul Samad Rabiu, founder and chairman of BUA Group, has reportedly overtaken Johann Rupert, the South African billionaire, to become Africa’s second-richest individual. Rabiu’s progression comes after he recorded one…
Reform is not windfall: Restoring revenue integrity, correcting price distortions, by Tanimu Yakubu
I. Introduction: The Illusion of WindfallNigeria’s contemporary fiscal discourse has been captured by a convenient but fundamentally flawed proposition: that the removal of subsidy—particularly petrol subsidy—yields an immediate fiscal windfall.This…
ChannelsTV counters Wike, says Abuja HQ land legally acquired
Channels Television has rejected claims from Nyesom Wike, minister of the Federal Capital Territory (FCT), regarding the allocation of a parcel of land housing its headquarters in Abuja. On Wednesday,…
Supreme Court will decide Kano emir – Ganduje
Abdullahi Ganduje, former governor of Kano, says the supreme court will decide the tussle pertaining to the Emir of Kano stool. Ganduje, a former national chairman of the All Progressives…
I’ll consult widely on 2027 presidency – Jonathan
Former President Goodluck Jonathan has said contesting Nigeria’s presidency is “not a computer game” as he reacted to calls by youth groups urging him to contest the 2027 election. Jonathan…
Court convicts ex-power minister Saleh Mamman over N33.8bn fraud
The federal high court sitting in Abuja has convicted Saleh Mamman, former minister of power, on allegations of money laundering. James Omotosho, presiding judge, convicted Mamman on all 12 counts…
Fani-Kayode reassigned as South Africa ambassador-designate
Femi Fani-Kayode, former minister of aviation, has been reassigned as Nigeria’s ambassador-designate to South Africa. He was initially posted to Germany. The former minister announced his new post on Thursday…
