HY Results: Transcorp Group posts N241.5bn revenue; N75.9bn PBT, declares interim dividend

HY Results: Transcorp Group posts N241.5bn revenue; N75.9bn PBT, declares interim dividend

Transnational Corporation Plc, Africa’s leading listed conglomerate, has announced its half-year 2026 unaudited financial results, delivering resilient profitability and a strong balance sheet in the period while announcing 40k interim dividend. The financial highlights show that revenue stood at ₦241.5 billion in the first half of 2026, down from ₦279.0 billion recorded in the corresponding […]
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China reaffirms commitment to stronger Nigeria partnership at orphanage project launch

China reaffirms commitment to stronger Nigeria partnership at orphanage project launch

By Matthew Johnson The Chinese government has reaffirmed its commitment to deepening cooperation with Nigeria and promoting mutual prosperity between both countries. The Consul General of the People’s Republic of China in Lagos, Yan Yuqing, gave the assurance on Tuesday during the foundation laying ceremony of the China-Nigeria Friendship Orphanage Home in Sagamu, Ogun State. […]

Why I’ve never openly endorsed any politician or political party — Falz

Why I’ve never openly endorsed any politician or political party — Falz

Popular Nigerian rapper and activist, Folarin Falana, popularly known as Falz, has said he has never publicly endorsed any politician or political party, explaining that he remains cautious about lending his support to political figures. Speaking on the need for greater civic participation ahead of future elections, Falz said his advocacy has always centred on […]

Gunmen abduct two farmers in Ondo, demand N10m ransom

Gunmen abduct two farmers in Ondo, demand N10m ransom

…Police launch rescue operation By Dayo Johnson, Akure Suspected gunmen have abducted two farmers in Ifira, an agrarian community in Akoko South-East Local Government Area of Ondo State. Sources said the attackers ambushed the victims on their way to the farm and whisked them into a nearby forest. A family member of one of the […]

Dollar to Naira exchange rate today, July 22, 2026

Dollar to Naira exchange rate today, July 22, 2026

The Nigerian naira traded at approximately ₦1,381.68 against the United States dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, July 22, 2026, according to official market data.

OPay Leads Nigeria’s Fight Against Digital Fraud

OPay Leads Nigeria’s Fight Against Digital Fraud

By:Cynthia Alo How Smart Technology Is Protecting Trust in Africa’s Largest Digital Economy Company Says Trust, Not Just Speed, Will Define The Next Phase Of Financial Services In Africa’s Largest Market LAGOS – As Nigeria completes one of the fastest transitions from cash to digital payments on the continent, a new battlefront has opened in […]

Ojo council accused of demolishing property despite court order

Ojo council accused of demolishing property despite court order

By Innocent Anaba A property dispute involving Ojo Local Government Area, Lagos State, has taken a fresh turn following allegations that officials of the council demolished a property despite a subsisting judgment of a Lagos State High Court declaring the owner the lawful occupier and restraining further trespass. The property owner, Ibrahim Abubakar, alleged that […]

20 Nigerians die in Camerounian boat mishap claims

20 Nigerians die in Camerounian boat mishap claims

By Umar Yusuf Yola—No fewer than 20 persons mainly Nigerians have been confirmed killed following a boat mishap within the Cameroun territorial waters. The ill fated boat accident which took off from Garwa was heading to Yola in Adamawa State, when the incident happened. It was gathered  that the boat with over 50 passengers was over […]

A’Court asked to void FCCPC’s DEON Consumer Lending Regulations

A’Court asked to void FCCPC’s DEON Consumer Lending Regulations

By Innocent Anaba The Wireless Application Service Providers Association of Nigeria, WASPAN, has approached the Court of Appeal to challenge the judgment of the Federal High Court in Lagos, which upheld the Federal Competition and Consumer Protection Commission’s, FCCPC, powers in relation to its Digital Economy and Online Non-Interest, DEON, Consumer Lending Regulations. In a […]

Kanu’s lawyer threatens law suit over TV comment

Kanu’s lawyer threatens law suit over TV comment

By Steve Oko UMUAHIA — Lead counsel to the detained leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, Mr Aloy Ejimakor, has threatened legal action over an alleged public call for the extrajudicial killing of his client. Ejimakor, in a statement yesterday, condemned what he described as a dangerous and unlawful remark […]

Abia makes soil tests mandatory for building approvals

Abia makes soil tests mandatory for building approvals

By Steve Oko UMUAHIA — In a move to curb building collapse and protect lives and property, the Abia State Government has made soil and geo-technical tests compulsory for all new building approvals in Umuahia, the state capital. Commissioner for Information, Prince Okey Kanu, announced the policy while briefing journalists on the outcome of the […]

Xenophobia: Reps seek compensation as S-African businesses shut down

Xenophobia: Reps seek compensation as S-African businesses shut down

By Gift Chapi Odekina, Cynthia Alo & Kafayat Kokumo ABUJA — The House of Representatives yesterday resolved to investigate the human and economic losses suffered by Nigerians in recurring xenophobic attacks in South Africa, just as the President of the Nigerian Citizens Association in South Africa, NICASA, Mr Frank Onyekwelu, disclosed that South Africans are […]

Industry seeks regulatory clarity after court affirms FCCPC, NCC roles

Industry seeks regulatory clarity after court affirms FCCPC, NCC roles

By Dapo Akinrefon ABUJA—A Federal High Court judgment affirming the Federal Competition and Consumer Protection Commission’s, FCCPC, authority to regulate Nigeria’s airtime lending market, while holding that telecommunications licensing remains the responsibility of the Nigerian Communications Commission, NCC, has sparked fresh debate among industry stakeholders. Lawyer Ilemona Onoja said the ruling raises questions about the […]