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Conoil Plc's Shareholders Approve N1.734 Billion Dividend Payout for 2022

Conoil’s Profit Crashes By 75% Amid Declining Revenue, Loan Burden

June 25, 2026

Conoil Plc, an oil and gas company, suffered a significant decline in its profit following a decline in revenue and loan burden. The oil and gas company earned N301.72 billion in revenue from its services in 2025, a 6.6 percent decline, according

DMGS Centenary Building Collapse: 3 More Victims Rescued

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Three-Storey Building Collapses in Lagos, Rescue Operation Ongoing

June 25, 2026

A three-storey building collapsed on Thursday in Alakija within Amuwo-Odofin Local Government Area of Lagos State, trapping an unspecified number of people beneath the rubble, Prime Business Africa reports. The incident, which occurred around 11:40 a.m., sparked panic among residents and business

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Iran Rejects U.S. Claims on Unfrozen Assets, Warns Israel Over Southern Lebanon Presence

June 25, 2026

Iran has rejected U.S. claims that billions of dollars in unfrozen Iranian assets would be restricted to purchases of American agricultural products, exposing fresh divisions between Washington and Tehran despite ongoing diplomatic engagements. The dispute emerged after U.S. President Donald Trump and

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FG Orders Banks to Freeze Assets of Terrorism Financiers

June 25, 2026

The Federal Government has directed banks, capital market operators, bureaux de change and other designated non-financial businesses and professions to immediately freeze the assets of individuals and entities linked to terrorism financing, as authorities intensify efforts to dismantle financial networks sustaining extremist

Makinde Provides Update On Ibadan Explosion’s Victims

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Oyo Appeals to Teachers to End Strike, Approves ₦210bn Supplementary Budget

June 25, 2026

The Oyo State Executive Council (ExCo) has appealed to the Nigeria Union of Teachers (NUT) to suspend its ongoing strike and allow pupils to return to classrooms, as concerns mount over the disruption of academic activities across the state, Prime Business Africa

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Why LPPC Suspended Mike Ozekhome’s SAN Rank

June 25, 2026

The Legal Practitioners’ Privileges Committee (LPPC) has suspended prominent constitutional lawyer Chief Mike Ozekhome from the rank of Senior Advocate of Nigeria (SAN), a rare disciplinary action that highlights growing scrutiny of ethical standards within Nigeria’s legal profession, Prime Business Africa reports.

News·Security·Top Stories

Police Dismiss Banditry Claims in Viral Katsina Video, Identify Armed Men as Security Volunteers

June 24, 2026

The Nigeria Police Force (NPF) has dismissed claims circulating on social media that a police officer was seen interacting with armed bandits in Katsina State, describing the narrative as false and misleading, Prime Business Africa reports. In a statement issued on Wednesday,

Dollar Sells At N1,338/$, Naira Gains Ground Against Pound, Euro

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Foreign Currency Dealers Demand Higher Rates For Dollar, Euro, Pound

June 24, 2026

The naira traded against the United States dollar (USD) at N1,380.07 per $1 in the Nigerian foreign exchange market (NFEM), also known as the official window, on Wednesday. According to the Central Bank of Nigeria (CBN), the foreign exchange (FX) rate for

News·Politics·Top Stories

State Police Critical to Winning Nigeria’s Security Battle, Uba Sani Insists

June 24, 2026

Kaduna State Governor, Senator Uba Sani, has renewed calls for the establishment of state police, arguing that Nigeria cannot effectively tackle its security challenges under the current centralised policing structure. Speaking on Channels Television’s Politics Today programme hours after the Senate passed

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Latest

Conoil’s Profit Crashes By 75% Amid Declining Revenue, Loan Burden

Three-Storey Building Collapses in Lagos, Rescue Operation Ongoing

Iran Rejects U.S. Claims on Unfrozen Assets, Warns Israel Over Southern Lebanon Presence

FG Orders Banks to Freeze Assets of Terrorism Financiers

Oyo Appeals to Teachers to End Strike, Approves ₦210bn Supplementary Budget

Why LPPC Suspended Mike Ozekhome’s SAN Rank

Police Dismiss Banditry Claims in Viral Katsina Video, Identify Armed Men as Security Volunteers

Foreign Currency Dealers Demand Higher Rates For Dollar, Euro, Pound

State Police Critical to Winning Nigeria’s Security Battle, Uba Sani Insists

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