2025 African Stock Market Performance: Ghana’s GSE Leads with Sustained Gains Ghana Securities Exchange Emerges as Africa’s Top Performer in 2025 The Ghana Securities Exchange (GSE) Composite Index was the highest-performing equity market among selected African exchanges in 2025, surpassing Nigeria’s NGX All-Share Index and other continental peers. With a remarkable annual return of 79.43%, […]
CIG Motors fires Lagride Acting MD, Jubril Arogundade over alleged financial misappropriation
CIG Motors Terminates Lagride Acting MD Amid Governance Dispute CIG Motors Co. Ltd., the operator of the Lagride e-hailing platform, has announced the termination of Jubril Arogundade, its Executive Director and Acting Managing Director. The company’s decision, detailed in an official statement, followed internal investigations that revealed serious governance concerns. These issues, which included alleged […]
Petralon Energy appoints Equere Executive Director
Petralon Energy Appoints Uduak Equere as Executive Director Petralon Energy Strengthens Leadership with Appointment of Uduak Equere as Executive Director Petralon Energy, a prominent indigenous oil exploration and production company, has announced the strategic appointment of Uduak Equere to its board as Executive Director. This key leadership change, effective January 5, 2026, follows a period […]
Flutterwave acquires Mono in deal valued at up to $40 million
Flutterwave Acquires Mono in Strategic Open Banking Move Flutterwave Strengthens Infrastructure with Mono Acquisition In a landmark transaction for Africa’s fintech sector, Flutterwave has finalized the acquisition of open banking specialist Mono. The all-stock deal, valued between $25 million and $40 million, unites two pivotal infrastructure players. This strategic move is set to significantly enhance […]
Edgebase celebrates 20 years of innovation, local impact and community building in Nigeria’s technology ecosystem
Edgebase Technologies: 20 Years of Innovation and Impact in Nigeria’s Tech Ecosystem Edgebase Technologies Marks Two Decades of Pioneering Nigeria’s Digital Infrastructure Edgebase Technologies commemorates its 20th anniversary, celebrating a landmark journey of innovation, local impact, and community building within Nigeria’s technology ecosystem. Since its inception in 2005, the company has evolved from a modest […]
CBN projects inflation to ease to 12.94% in 2026, sees bullish capital market outlook
CBN Forecast: Inflation to Moderate to 12.94% by 2026, Bullish Market Outlook CBN Projects Inflation Decline to 12.94% by 2026, Foresees Robust Capital Market The Central Bank of Nigeria (CBN) has released an outlook projecting a significant moderation in headline inflation to an average of 12.94% by 2026. This anticipated decline is attributed primarily to […]
Breaking: Heirs Energies Limited acquires Maurel & Prom’s 20.07% stake in Seplat Energy
Heirs Energies Acquires Major Stake in Seplat Energy: A Landmark African Deal Heirs Energies Becomes Largest Shareholder in Seplat Energy with Strategic Acquisition In a significant development for the African energy sector, Heirs Energies Limited, led by prominent investor Tony Elumelu, has acquired a 20.07% stake in Seplat Energy Plc from Maurel & Prom. The […]
Georgia to require health insurance for all tourists beginning in 2026
Georgia Mandates Health Insurance for All Tourists Starting 2026 Georgia Implements Mandatory Health Insurance Requirement for International Visitors In a significant update to its border policy, Georgia will require all foreign tourists to possess valid health and accident insurance as a condition of entry effective January 1, 2026. This new regulation, established through amendments to […]
Nigeria becomes net lender with $320 million in Q3 2025 – CBN
Nigeria’s External Position Shifts to Net Lender in Q3 2025 | CBN Report Nigeria Records $320 Million Net Lending Position in Q3 2025, CBN Reports In a significant reversal of its external financial posture, Nigeria transitioned to a net lending position of $320 million in the third quarter of 2025, according to official data from […]
Sanwo-Olu: Tax reforms will protect small businesses, not burden the poor
Sanwo-Olu Clarifies Tax Reforms: Protection for Small Businesses, Not Burden for the Poor Lagos Governor Assures Fair Tax Reforms Amid National Implementation Lagos State Governor, Babajide Sanwo-Olu, has moved to address public concerns regarding Nigeria’s impending federal tax reforms, assuring residents that the changes are designed to protect small businesses and ensure equity, not to […]
ADC: Tinubu’s 2026 budget ‘buries’ next generation in debt
Analysis: Nigeria’s 2026 Budget Proposal and the National Debt Trajectory Fiscal Analysis: Nigeria’s 2026 Budget Proposal Sparks Debt Sustainability Debate A critical assessment of Nigeria’s proposed 2026 appropriation bill has ignited a fierce debate on the nation’s fiscal future. The African Democratic Congress (ADC) has levied a stark warning, asserting that the budget framework presented […]
Gazette furore: We didn’t alter tax laws — FG
Federal Government Clarifies Tax Stance Amidst National News Developments Federal Government Denies Alteration of Tax Laws Amidst Broader National Discourse In a firm rebuttal to recent media reports, the Federal Government has clarified that it has not enacted any new tax legislation. Officials emphasized that current discussions are part of routine fiscal policy reviews aimed […]
12 die in Cross River auto crash
Tragic Auto Crash Claims 12 Lives in Cross River State | Road Safety Review Twelve Lives Lost in Devastating Cross River Road Accident A severe road traffic accident in Cross River State has resulted in the tragic loss of twelve lives, casting a pall over the local community and prompting urgent calls for improved highway […]
Kwara community deserted after renewed bandit attack
Renewed Bandit Assault Forces Mass Exodus from Kwara Community Kwara Community Left Desolate Following Renewed Bandit Incursion A palpable climate of fear has descended upon a rural community in Kwara State, following a severe bandit attack that has compelled residents to flee en masse. The assault, characterized by violence and pillaging, has transformed a once-vibrant […]
Dust over conferment of Yorubaland chieftaincy titles
Controversy and Tradition: Examining Modern Chieftaincy Conferment in Yorubaland Navigating Tradition: The Evolving Landscape of Yoruba Chieftaincy Titles The esteemed institution of chieftaincy in Yorubaland, a cornerstone of cultural identity for generations, finds itself at a complex crossroads. A growing discourse surrounds the conferment of traditional titles, sparking debates that touch on authenticity, authority, and […]
Sunday Igboho seeks Tinubu’s intervention as herdsmen attack farmers in hometown
Yoruba Activist Sunday Igboho Appeals to President Tinubu Over Herdsmen Violence in Igboho Sunday Igboho Urges Presidential Action Amid Escalating Herdsmen Attacks in Oyo Yoruba nation activist, Sunday Adeyemo, popularly known as Sunday Igboho, has formally called on President Bola Tinubu to intervene in the worsening security situation in his hometown of Igboho, Oyo State. […]
Guinness Nigeria Marks 75 Years of Brewing Happiness, Community, and Cultural Impact
Guinness Nigeria Celebrates 75 Years of Brewing Legacy and Community Impact Guinness Nigeria: A 75-Year Legacy of Brewing Excellence and Social Contribution This year marks a monumental milestone for Guinness Nigeria as the iconic brewer celebrates 75 years of operations, deeply weaving itself into the nation’s social and economic fabric. Since its establishment, the company […]
Yuletide: IGP orders massive deployment of personnel nationwide
IGP Orders Nationwide Security Deployment for Yuletide Season | National Update IGP Mandates Comprehensive Security Deployment for Christmas and New Year Period In a decisive move to ensure nationwide safety during the festive season, the Inspector-General of Police (IGP) has ordered the massive deployment of security personnel across all states of the federation. This strategic […]
Full list of 64 ambassadorial nominees confirmed by Senate
Senate Confirms Full List of 64 Ambassadorial Nominees for Key Global Posts Senate Approves Full List of 64 Ambassadorial Nominees for International Deployment In a significant diplomatic move, the Senate has officially confirmed the full list of 64 ambassadorial nominees, paving the way for their deployment to strategic nations across the globe. This comprehensive roster […]
Trump appeals judge’s order restoring Harvard funds
Trump Campaign Appeals Court Ruling on Harvard Funding Restoration Trump Campaign Challenges Court Order to Restore Harvard University Funding Former President Donald Trump’s campaign has formally filed an appeal against a federal judge’s recent order mandating the restoration of federal funds to Harvard University. The legal dispute stems from an earlier executive action that withheld […]
Breaking: Tinubu presents N58 trn 2026 budget
President Tinubu Presents Landmark N58 Trillion 2026 Budget Proposal | National Focus President Tinubu Unveils Ambitious N58 Trillion Budget for 2026 Fiscal Year In a significant move for Nigeria’s economic planning, President Bola Ahmed Tinubu has formally presented the 2026 Appropriation Bill to the National Assembly. The proposed budget, valued at a historic fifty-eight trillion […]
What INEC told warring PDP factions
INEC’s Directive to PDP Factions: A Call for Internal Resolution INEC’s Stance on Internal Party Conflicts: A Message to PDP Factions The Independent National Electoral Commission (INEC) has issued a definitive statement to the warring factions within the Peoples Democratic Party (PDP), clarifying its role in internal party disputes. As the nation’s electoral umpire, INEC […]
Police withdrawal: ‘Some lawmakers may not go home today,’ Akpabio tells Tinubu
Senate President Warns of Legislative Tensions Following Police Withdrawal Senate President Akpabio Warns of Legislative Tensions in Address to President Tinubu In a striking address to President Bola Tinubu, Senate President Godswill Akpabio issued a grave warning regarding the recent withdrawal of police personnel from certain lawmakers. He indicated that the security development has created […]
Breaking: Senator Peter Nwaoboshi is dead, Oborevwori mourns
Senator Peter Nwaoboshi Passes Away: Delta State Governor Oborevwori Leads Tributes Senator Peter Nwaoboshi Passes Away: Delta State Governor Oborevwoni Leads Tributes The Nigerian political landscape is in mourning following the passing of Senator Peter Nwaoboshi, a prominent figure who represented Delta North Senatorial District. The news of his death has prompted an outpouring of […]
Tinubu seeks senate approval for new petroleum regulators’ chiefs
President Tinubu Seeks Senate Confirmation for Leadership of New Petroleum Regulatory Bodies President Tinubu Seeks Senate Confirmation for Leadership of New Petroleum Regulatory Bodies In a decisive move to reshape Nigeria’s critical energy sector, President Bola Ahmed Tinubu has formally requested the Senate’s approval for the appointment of new chief executives to lead the nation’s […]