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Debt Slash, Double-Digit Revenue Growth Help BUA Foods Absorb N16bn Exchange Loss

February 19, 2026

Over N1.80 trillion was generated as revenue by BUA Foods between the first quarter (Q1) and the fourth quarter (Q4) of 2025, exceeding the N1.52 trillion achieved in the same period in 2024. According to the company’s unaudited financial statements for the

Africa·News·Top Stories

Mugabe’s Son Arrested in South Africa Over Alleged Shooting

February 19, 2026

Bellarmine Chatunga, the son of former Zimbabwean leader Robert Mugabe, has been arrested in South Africa following an alleged shooting at his residence in Johannesburg. Police say the incident took place at his home in the upmarket Hyde Park suburb, where an

Business·Finance & Economy·Labour·News·Nigeria·Top Stories

Nigeria-Germany Talks Raise Hopes for Power, Jobs, Security Gains

February 19, 2026

Millions of Nigerians struggling with unreliable electricity and limited job opportunities could see some relief after fresh talks between President Bola Tinubu and Germany’s Chancellor Friedrich Merz. In a brief phone call on Wednesday, the two leaders discussed closer cooperation on power,

News·Nigeria·Technology·Top Stories

EU Funding Boosts Nigeria’s Internet Expansion Plans

February 19, 2026

Faster and more reliable internet could soon reach millions of Nigerians after the European Union pledged €22m to support the country’s fibre-optic expansion. The funding, announced in Abuja, is part of the government’s Project BRIDGE initiative, which aims to extend broadband access

News·Nigeria·Politics·Top Stories

Rivers Senator Mpigi Dies at 64

February 19, 2026

Senator Barinada Mpigi, who represented Rivers South-East in the 10th National Assembly, has died at the age of 64 after a brief illness. His death was confirmed on Thursday, 19 February 2026. Mpigi, who had spent more than a decade in Nigeria’s

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

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Naira Appreciates Against Dollar In Black Market, Depreciates In Official Window

February 19, 2026

The United States dollar (USD) rate dropped to N1,352.99 kobo in the black market on Thursday, February 19, from the N1,388.77 kobo per dollar reported on Wednesday, February 18. The black market rate dropped by N35.78 kobo, and the value of the

News·Nigeria·Politics·Top Stories

Umeh Flags Loophole in Revised Electoral Law

February 19, 2026

Senator Victor Umeh has warned that a proviso in the newly signed Electoral Act 2026 could weaken its reforms. The amendment reinstates electronic transmission of election results but allows exceptions in cases of communication failure—a move Umeh says could open the door

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Top Stories

Deap Capital Leads NGX Gainers’ List, Tripple Gee Tops Losers’ Table

February 19, 2026

The top gainers’ list was led by Deap Capital, and Tripple Gee topped the losers’ table on Thursday, February 19, as the Nigerian Exchange (NGX) gained N1.69 trillion. NGX said the market capitalisation increased to N123,93 trillion, from the N122.23 trillion recorded

PDP Warns Fubara Against Implementing Peace Agreement Without Party Input

News·Nigeria·Politics·Top Stories

Rivers Assembly Halts Impeachment Proceedings Against Governor Fubara

February 19, 2026

The Rivers State House of Assembly has paused impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following a series of legal and political obstacles. The decision was taken on Thursday after court injunctions and consultations stalled the process, which

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Latest

Debt Slash, Double-Digit Revenue Growth Help BUA Foods Absorb N16bn Exchange Loss

Mugabe’s Son Arrested in South Africa Over Alleged Shooting

Nigeria-Germany Talks Raise Hopes for Power, Jobs, Security Gains

EU Funding Boosts Nigeria’s Internet Expansion Plans

Rivers Senator Mpigi Dies at 64

Naira Appreciates Against Dollar In Black Market, Depreciates In Official Window

Umeh Flags Loophole in Revised Electoral Law

Deap Capital Leads NGX Gainers’ List, Tripple Gee Tops Losers’ Table

Rivers Assembly Halts Impeachment Proceedings Against Governor Fubara

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