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EFCC charges two over alleged unlawful supply of

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Microsoft warns Africa risks becoming AI consumer

Tech

Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn

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EFCC charges two over alleged unlawful supply of FCMB

Business

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Aviation

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Business

Dangote Refinery valued at $39.1bn in private placement offer

The Dangote Petroleum Refinery has been valued at $39.1 billion as it seeks to raise fresh capital from investors through a private placement. According to an Information Memorandum seen by Nairametrics, the refinery is offering three billion ordinary shares at a placement price of $0.35 per share. The transaction is expected to raise approximately $1 […]

Electricity

Nigeria targets 209,000MW power capacity with $11bn solar projects

Nigeria is targeting a major expansion of its electricity generation capacity, with plans to achieve 209,000 megawatts of power generation by 2050, especially with 53 large-scale renewable solar power projects valued at about $11bn underway, according to a report by IIR. Vanguard reported that the projects, which IIR said are being tracked across the country, […]

Policy and Regulations

FCCPC, NTDA partner to protect consumers, boost Nigerian tourism

The Federal Competition and Consumer Protection Commission and the Nigerian Tourism Development Authority have pledged to work together to protect consumers, raise service standards, and boost sustainable tourism in Nigeria. According to Vanguard, this commitment was reinforced when NTDA Director General, Dr Ola Awakan, paid a courtesy visit to FCCPC Executive Vice Chairman and Chief […]

Ports and Airports

NSC blames Middle East crisis for Apapa port gridlock return

The Nigerian Shippers’ Council has attributed the resurgence of traffic congestion and operational hiccups along the Apapa port corridor to disruptions in the global supply chain triggered by the ongoing Middle East crisis. The Council’s position comes amid growing concerns by stakeholders over the return of gridlock on the Mile 2-Apapa Expressway, where truck queues, […]

News

EMERGE programme will transform Nigeria’s solid minerals sector — Alake

The Minister of Solid Minerals Development, Dr Dele Alake, on Wednesday, assured that the launch of the Early-Stage Mineral Exploration and Research Grant Endowment programme is a game-changer for the nation’s solid minerals sector. Vanguard reported that speaking at the launch of EMERGE in Abuja he said the programme was well crafted and strategically positioned […]

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Under-30 drive pension growth as 44,837 join CPS in Q4 2025 — PenCom

More young workers under the age of 30 years signed into the Contributory Pension Scheme in the fourth quarter of 2025, Q4’25, as 44,837 contributors representing 39.03 per cent joined the scheme. This is as total Retirement Savings Accounts rose to 11,042,903 in Q4’25 from 10,928,039 recorded in Q3’25. According to the fourth quarter report […]

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AIICO shareholders approve ₦4.4bn dividend, appoint new directors

Shareholders of AIICO Insurance Plc has given the company approval to pay dividend of 12 kobo per share, amounting to N4.4 billion. Vanguard reported that at the company’s annual general meeting in Lagos, the company also appointed three professionals to the Board as Non-Executive Directors: which are Tunde Mabawonku, as a Non-Executive Director, bringing over […]

Finance

NRS unveils Rev360 digital platform to boost tax compliance

The Nigeria Revenue Service has unveiled Rev360, its next-generation digital tax administration platform designed to deliver a more integrated, intelligent, and taxpayer-centric tax administration experience, which will also identify tax evaders. Vanguard reported that speaking at the event in Abuja, on Wednesday, Executive Chairman of the Nigeria Revenue Service, Dr. Zacch Adedeji, described Rev360 as […]

Scams

US revokes 600 visas linked to birth tourism fraud schemes

The United States government has launched a crackdown on birth tourism networks, revoking over 600 visas issued to foreigners who used the route to secure citizenship for their children. The Department of State stated this yesterday in an X post, saying that under President Donald Trump, tje department was “defending the integrity of U.S. citizenship […]

Transportation

NSIB recovers evidence in Warri-Itakpe train derailment probe

The Nigerian Safety Investigation Bureau says it has retrieved critical evidence as investigations into the June 8, 2026 train derailment along the Warri-Itakpe rail corridor continue. Vanguard reported that the bureau disclosed this in a statement on Wednesday by its Director of Public Affairs and Family Assistance, Funke Adebayo-Arowojobe. According to the statement, the Director-General […]

Policy and Regulations

Pay taxes, ground rents to sustain development, Tinubu tells FCT residents

President Bola Tinubu on Wednesday, urged residents and businesses in the Federal Capital Territory to pay their taxes, ground rents and other statutory charges, saying government revenue remains critical to sustaining infrastructure development across the nation’s capital. Tinubu appealed to the inauguration of the completed Arterial Road N5 linking Life Camp Junction and Ring Road […]

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