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News - Page 308

Tsingshan Steel Unit Backs Zimbabwe Rail Investment to Expand Freight Capacity

October 6, 2026

China’s Tsingshan Holding Group is investing in Zimbabwe’s rail infrastructure to support its growing steel operations, with its local unit partnering with the state-owned National Railways of Zimbabwe (NRZ) on upgrades and

News·Nigeria·Top Stories

Tinubu Orders Probe Into Fatal Air Force Crash, Declares Mourning

October 6, 2026

President Bola Tinubu has ordered an immediate investigation into the Nigerian Air Force aircraft crash in Ondo State that killed all 32 people aboard and declared three days of national mourning for

Africa·Business News·Markets

Carta Strengthens Global Footprint with Appointment of Raise Founder, Coleby

Equity management giant, Carta, has appointed Marvin Coleby, co-founder and former Chief Executive Officer of Raise, the so-called “Carta of Africa,” to lead its product strategy across Africa, Asia-Pacific (APAC), and the Middle East and North Africa (MENA). Coleby, a legal-tech

September 6, 2025

News

Niger State Bans Religious Preaching Without Licence

Niger State government has banned all forms of religious preaching without official approval, directing that anyone who wishes to preach must obtain a licence. The order, announced on Thursday by Umar Farooq, Director-General of the State Bureau of Religious Affairs, requires preachers

September 6, 2025

News·Top Stories

EFCC Declares Sujimoto Boss Wanted, Jails Fake U.S. Investor for $71,000 Fraud

Nigeria’s Economic and Financial Crimes Commission (EFCC) has intensified its clampdown on financial crimes, declaring billionaire real estate developer, Olasijibomi Suji Ogundele, wanted for alleged money laundering, while also securing the conviction of a cyber fraudster in Abuja. In a notice issued

September 5, 2025

News

UN Suspends Air Service in Nigeria Over $5.4m Funding Shortfall

After nine years of operation, the United Nations has discontinued its Humanitarian Air Service(UNHAS) in northeastern Nigeria, citing a serious funding shortfall of about $5.4 million. This may potentially isolate millions of vulnerable individuals in one of Africa’s most protracted humanitarian crises. The

September 5, 2025

News

IGP Appoints CSP Hundeyin as Force Public Relations Officer

The Inspector-General of Police (IGP), Kayode Egbetokun, has approved the appointment of Chief Superintendent of Police (CSP) Benjamin Hundeyin as the new Force Public Relations Officer (FPRO), succeeding Deputy Commissioner of Police (DCP) Olumuyiwa Adejobi. CSP Hundeyin, a seasoned communicator and law

September 4, 2025

News

Ebonyi Bans House, Land Agents from 2026

Ebonyi State Governor Francis Nwifuru has announced that beginning January 1, 2026, house and land agents will no longer be allowed to operate in the state. The governor, who made the announcement on Wednesday, said the decision was aimed at curbing exploitation

September 4, 2025

News·Top Stories

UN Humanitarian Air Service Ends Operations in Nigeria Due to Funding Shortage

The United Nations Humanitarian Air Service (UNHAS) has ended its fixed-wing air service in Nigeria due to a lack of funding. Stéphane Dujarric, Spokesperson for the UN Secretary-General, disclosed this during a press briefing at the UN Headquarters in New York.

September 4, 2025

News·Top Stories

Court Orders British Airways to Pay Nigerian Passenger ₦53m for Breach of Contract

The Federal High Court in Lagos has ordered British Airways to pay ₦50 million in damages to a Nigerian passenger, Mr. Stephen Osho, for breach of contract of carriage and unfair treatment. Delivering judgment, Justice Ibrahim Kala held that Osho had successfully

September 4, 2025

News

Nigeria Shifting From Oil Dependence As Non-oil Revenue Records Unprecedented Growth – Presidency

The presidency has said Nigeria is moving away from dependence on oil, as non-oil revenue has experienced an unprecedented growth in the last eight months of this year. A statement signed by the president’s spokesman, Bayo Onanuga, said it is a direct

September 4, 2025

Business News·News

FCCPC Cracks Down on Rogue Loan Apps with Landmark Regulations, ₦100m Penalties

The Federal Competition and Consumer Protection Commission (FCCPC) has launched a sweeping crackdown on rogue loan apps, unveiling landmark regulations that carry penalties of up to ₦100 million or 1% of turnover, and potential disqualification of directors for up to five years.

September 4, 2025

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

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South Africa will raise petrol prices by more than 11%

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

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News - Page 308

Tsingshan Steel Unit Backs Zimbabwe Rail Investment to Expand Freight Capacity

Tinubu Orders Probe Into Fatal Air Force Crash, Declares Mourning

Carta Strengthens Global Footprint with Appointment of Raise Founder, Coleby

Niger State Bans Religious Preaching Without Licence

EFCC Declares Sujimoto Boss Wanted, Jails Fake U.S. Investor for $71,000 Fraud

UN Suspends Air Service in Nigeria Over $5.4m Funding Shortfall

IGP Appoints CSP Hundeyin as Force Public Relations Officer

Ebonyi Bans House, Land Agents from 2026

UN Humanitarian Air Service Ends Operations in Nigeria Due to Funding Shortage

Court Orders British Airways to Pay Nigerian Passenger ₦53m for Breach of Contract

Nigeria Shifting From Oil Dependence As Non-oil Revenue Records Unprecedented Growth – Presidency

FCCPC Cracks Down on Rogue Loan Apps with Landmark Regulations, ₦100m Penalties

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Tsingshan Steel Unit Backs Zimbabwe Rail Investment to Expand Freight Capacity

37 Dead: The Cost of Lithium

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Tinubu Orders Probe Into Fatal Air Force Crash, Declares Mourning

Iran Conflict Pushes South African Fuel Prices Sharply Higher

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

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Tsingshan Steel Unit Backs Zimbabwe Rail Investment to Expand Freight Capacity

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