Dangote Refinery swings to N2.55trn profit in six months

Dangote Refinery swings to N2.55trn profit in six months

By Udeme Akpan The Dangote Petroleum Refinery and Petrochemicals posted a profit after tax of about N2.55 trillion ($1.82 billion) in the first half of 2026, marking a sharp turnaround in the financial performance of the 700,000 barrels-per-day facility. The results, contained in the prospectus for the refinery’s planned Initial Public Offering, IPO, showed revenue […]
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Appeal Court upholds 490-year jail term for ex-NEXIM bank MD Orya

Appeal Court upholds 490-year jail term for ex-NEXIM bank MD Orya

ABUJA — The Court of Appeal, Abuja, has affirmed the conviction and 490-year prison sentence imposed on former Managing Director of the Nigeria Export-Import Bank (NEXIM Bank), Robert Orya, over a N2.4 billion fraud case. A three-member panel of the appellate court, led by Justice Muhammed Danjuma, with Justices Ntong Festus Ntong and Ele Ejo […]

UN Deputy Secretary-General Amina Mohammed visits OOL

UN Deputy Secretary-General Amina Mohammed visits OOL

….Commends its role in shaping Africa’s leadership future By Adesina Wahab The Olusegun Obasanjo Leadership Institute (OOLI) yesterday hosted Her Excellency Amina J. Mohammed, Deputy Secretary-General of the United Nations, in a high-level visit that underscored the Institute’s growing global relevance in leadership development and governance discourse across Africa and the wider world.During her engagement […]

Dollar to Naira exchange rate today, September 9, 2026

Dollar to Naira exchange rate today, September 9, 2026

The naira is trading at about ₦1,321.37 to the US dollar in the latest available official market data, while parallel-market quotes put the dollar at between ₦1,385 and ₦1,410, depending on the source and transaction side

I don’t run army of occupation or into land grabbing – Dokubo-Asari

I don’t run army of occupation or into land grabbing – Dokubo-Asari

By Adesina Wahab The Amanyanabo of the Source, Da Amakiri Tubo, Alhaji Mujahid Abubakr Dokubo-Asari, has described as “sad, vexatious and provocative” allegations by the Udekama Council of Chiefs accusing Royal Fouche Security Services of operating as an “army of occupation” and engaging in land grabbing. Speaking with reporters, Dokubo-Asari said he was particularly saddened […]