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NNPC eyes 5%–10% stake sale through proposed IPO

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its shares to the public through a proposed...

FirstHoldCo surpasses GTCO in nine-month gross earnings and pre-tax profit

FirstHoldCo Plc recorded higher gross earnings and profit before tax than Guaranty Trust Holding Company (GTCO) Plc in the nine months ended September 30,...

Trump ends billions in US military aid to Israel, ending decades-long assistance

US President Donald Trump has announced plans to end America's annual military assistance to Israel by the end of 2026, signalling a potentially significant...

OPay Raises $304m in landmark NYSE debut, hits $4bn valuation

Nigeria-focused fintech giant OPay has made a major leap onto Wall Street, raising $304 million in an initial public offering that values the digital...

Mapo Hall controversy: Makinde reverses denial, orders venue released to APC for Tinubu rally

A controversy over the use of the historic Mapo Hall in Ibadan for President Bola Tinubu’s re-election campaign took a fresh turn on Tuesday...

University don disowns NDC campaign council appointment, says he was not consulted

A professor at Benue State University, Makurdi, Yakubu Ochefu, has rejected his inclusion in the National Campaign Council of the Nigeria Democratic Congress (NDC),...

OPay targets $4.42 billion valuation in US IPO despite Nigeria generating nearly 90% of revenue

Nigeria-focused fintech OPay is seeking a valuation of up to $4.42 billion in a proposed initial public offering (IPO) in the United States, despite...

Tinubu to Kwankwaso at 70: Political differences won’t diminish my affection for You

President Bola Ahmed Tinubu has congratulated former Kano State Governor and former Minister of Defence, Senator Rabiu Musa Kwankwaso, on his 70th birthday, reaffirming...

Tinubu, Aiyedatiwa Mourn as Afenifere Leader Fasoranti Dies at 100

President Bola Tinubu and Ondo State Governor Lucky Aiyedatiwa have mourned the death of the National Leader of Afenifere, Chief Reuben Famuyide Fasoranti, who...

Electricity Tariff: Power minister rules out hike as finance minister signals cost-reflective pricing in 2027

The Federal Government has sent seemingly conflicting signals on electricity tariffs, with the Minister of Power, Joseph Tegbe, ruling out plans for an increase...

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