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Caverton eyes air cargo expansion amid narrowing losses

Caverton Offshore Support Group Plc says it is moving into air cargo services as...

U.S. lawmaker tackles Kwankwaso on Sharia, Christian deaths

A U.S. congressman, Riley Moore, has accused former Kano State governor and presidential candidate...

Trump’s military threat shakes Nigerian markets as stocks, naira, and bonds fall

Nigerian financial markets fell on Monday after U.S. President Donald Trump threatened possible military...

Tinubu slaps new tax on fuel imports, a major boost for Dangote Refinery

President Bola Tinubu has approved a 15% import duty on petrol and diesel, a...

UAC blames maize, soybean price slump for quarterly loss

Nigerian conglomerate UAC of Nigeria Plc (UAC) reported a ₦703 million pre-tax loss for...

U.S. strike that killed African migrants may be war crime, Amnesty says

A U.S. airstrike on a Houthi-run detention center in northern Yemen that killed more...

Nigerian govt seeks tighter control on TikTok to curb youth “distraction”

Nigeria’s top technology official has called for sweeping local oversight of TikTok, saying the...

Nigerian lawmakers approve harsher penalties for wildlife traffickers

Nigeria’s Senate has approved a sweeping conservation bill introducing stiffer penalties for wildlife trafficking,...

Key Abuja districts to face weeks-long electricity outage

Several key districts of Nigeria’s capital, Abuja, will face temporary electricity cuts for almost...

OpenAI, owner of ChatGPT, shifts to for-profit model

After more than a year of legal wrangling, regulatory scrutiny, and boardroom negotiations, OpenAI...

Presco Plc approves second interim dividend as profit doubles

Presco Plc, Nigeria’s leading integrated edible oil producer, reported a sharp jump in profit...

Africa’s private capital hits $5 billion, fuelled by M&A rise

Africa’s private capital market staged a sharp rebound in the third quarter of 2025,...

79% of informal Nigerian businesses are bleeding margins, says report

Nigeria's vast informal economy, often lauded for its resilience, is grappling with a severe...

Nigeria’s “Jollof Index” falls for the first time in seven years

Jollof Index, a measure of how much it costs to cook a pot of...

Nestlé to cut 16,000 jobs

Nestlé, the world’s largest packaged food company, said on Thursday it will cut 16,000...

Nigeria announces major changes to university entry rules

The Federal Government has announced a sweeping overhaul of entry requirements for Nigerian tertiary...

Nigeria to give 21,000 flood victims N300,000 each as interest-free loan

The Federal Government says it will disburse ₦6.3 billion in interest-free loans to 21,000...

Mounting unpaid bills overshadow Transcorp Power’s strong profit

Transcorp Power PLC, a leading player in Nigeria's power generation sector, delivered a robust...

Nobel Prizes 2025: Full list of winners and what they achieved

The Nobel Prize celebrates extraordinary achievements across science, literature and peace. This year's prizes...

Gold hits record $4,000 before easing as investors take profits

Gold prices hit an all-time high this week, climbing above $4,000 an ounce for...