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News - Page 11

Business News·Nigeria·Oil & Gas·Top Stories

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

September 29, 2026

NNPC Ltd. reported a 33% increase in profit after tax to ₦7.2 trillion for the 2025 financial year, despite a 24% decline in revenue to ₦34.5 trillion, Group Chief Executive Officer Bayo

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Africa·Business News·Top Stories

Dangote Says Lamu Refinery will Withstand Legal Challenge

September 29, 2026

Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal

Africa·News·Top Stories

Algeria Breaks Diplomatic Ties With UAE Amid Escalating Tensions

Algeria severed diplomatic relations with the United Arab Emirates on Thursday, accusing Abu Dhabi of a series of “provocative and hostile” actions as tensions between the two countries reached their most serious point in years. Algeria’s Foreign Ministry said it had taken

September 11, 2026

Morocco Denies Involvement in Mass Ceuta Migrant Crossing

Morocco on Thursday denied any role in the mass movement of migrants into Spain’s North African enclave of Ceuta in July, saying there was no evidence linking its authorities to the unprecedented border crossing. About 72,000 migrants crossed from Morocco into Ceuta

September 11, 2026

News·Nigeria·Security·Top Stories

HURIWA Calls for Probe Into Killing of Kano Political Commentator

The Human Rights Writers Association of Nigeria (HURIWA) has called for a thorough investigation into the reported killing of Kano-based political commentator Ibrahim Khalil Dan Shagamu, saying the incident raises concerns about the safety of outspoken citizens ahead of the 2027 elections,

September 10, 2026

News·Nigeria·Security·Top Stories

US Delivers Military Equipment to Nigeria Under Foreign Military Sales Agreement

The United States has delivered military equipment to Nigeria under a Foreign Military Sales agreement, strengthening defence cooperation between the two countries and supporting Nigerian-led efforts to counter terrorism in the region, the U.S. Africa Command said. A U.S. Air Force

September 10, 2026

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Africa·News·Oil & Gas

Uganda Targets First Pearl Sweet Crude Export in December

Uganda expects its first shipment of Pearl Sweet crude to load in December, marking the start of commercial oil exports as production from its Kingfisher and Tilenga fields ramps up towards as much as 230,000 barrels per day within three to five

September 10, 2026

News·Nigeria

Nigeria Orders Federal Universities to Diversify Funding Beyond Government Support

Nigeria’s Education Minister Olatunji Alausa has directed the country’s federal universities to diversify their funding beyond government allocations, saying institutions must develop sustainable alternative revenue sources to strengthen their financial independence, Prime Business Africa reports. Alausa issued the directive at the

September 10, 2026

Africa·News·Top Stories

Former Ghana Presidential Legal Counsel Demands Payment of Outstanding Benefits

Former Ghanaian President Nana Addo Dankwa Akufo-Addo’s Legal Counsel, Kow Abaka Essuman, has demanded payment of outstanding salary arrears and terminal benefits, giving the Ministry of Finance until Friday, Sept. 11, to settle the claim or face legal action. Essuman, who

September 10, 2026

Africa·News·Top Stories

Tooro Kingdom Names TV Anchor as Successor to King Oyo Amid Succession Dispute

Uganda’s Tooro Kingdom named television news anchor Prince Edward Rukidi Kijanangoma as its new monarch on Wednesday, succeeding King Oyo Nyimba, but the appointment immediately drew opposition from members of the late king’s family and cast uncertainty over the succession. The

September 10, 2026

SCOA, Chellarams… Five Best-Performing Conglomerate Stocks In Q1 2025

Business News·News·Nigeria·Top Stories

NGX Extends Losses as Investors Reposition Ahead of Dangote Refinery IPO

Nigeria’s benchmark stock index fell for a second consecutive session on Wednesday, as investors continued to reposition their portfolios ahead of the planned initial public offering of Dangote Petroleum Refinery. The NGX All-Share Index declined 1.05%, or 2,579.01 points, to 242,223.10,

September 9, 2026

Politics·Top Stories·World News

Vucic Calls October Snap Vote as Serbia’s Protest Movement Presses for Change

Serbian President Aleksandar Vucic dissolved parliament on Wednesday, Sept. 9 and ordered a snap parliamentary election for Oct. 25, bringing forward a vote that had been scheduled for December 2027 as he seeks to reassert control after nearly two years of anti-government

September 9, 2026

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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News - Page 11

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

Dangote Says Lamu Refinery will Withstand Legal Challenge

Algeria Breaks Diplomatic Ties With UAE Amid Escalating Tensions

Morocco Denies Involvement in Mass Ceuta Migrant Crossing

HURIWA Calls for Probe Into Killing of Kano Political Commentator

US Delivers Military Equipment to Nigeria Under Foreign Military Sales Agreement

Uganda Targets First Pearl Sweet Crude Export in December

Nigeria Orders Federal Universities to Diversify Funding Beyond Government Support

Former Ghana Presidential Legal Counsel Demands Payment of Outstanding Benefits

Tooro Kingdom Names TV Anchor as Successor to King Oyo Amid Succession Dispute

NGX Extends Losses as Investors Reposition Ahead of Dangote Refinery IPO

Vucic Calls October Snap Vote as Serbia’s Protest Movement Presses for Change

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Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

NNPC Reports 33% Rise in Profit to ₦7.2tn Despite Revenue Decline

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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman

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