Kano, Nigeria – February 20, 2026 — The Kano State Hisbah Board has arrested 11 Muslims for reportedly eating in public during fasting hours in Ramadan. The arrests occurred across market areas, with officers also searching cafés and restaurants. Nine arrests were reportedly made on the first day of the fast. The individuals were released […]
Kano Hisbah Arrests 11 for Eating Publicly During Ramadan Read More »
In late 2025, an unexpected flashpoint emerged between Nigeria and the United States that at first seemed destined to spiral into diplomatic rupture. The U.S. President Donald Trump triggered alarm in Abuja and across Nigeria by publicly alleging a Christian massacre in the country and warning of possible military action unless the Nigerian government “stopped
Abuja, February 20, 2026 — Nigeria’s external reserves have climbed to $48.5 billion as of mid-February 2026, according to data from the Central Bank of Nigeria (CBN), marking the highest level since May 2013. The figure represents a significant rise from $45.5 billion recorded at the end of 2025, reflecting improved foreign exchange inflows driven
Nigeria’s External Reserves Hit $48.5bn, Highest in 13 Years as Naira Stabilises Read More »
Dangote Group has signed two major international agreements worth a combined $750 million with XCMG of China ($400 million) and EIL of India ($350 million) to scale up its refinery and petrochemical operations. The deals are part of Dangote’s strategy to increase refinery capacity from 650,000 barrels per day to 1.4 million barrels per day,
Dangote Group Secures $750 Million Agreements to Expand Refinery and Petrochemicals Read More »
OpenAI has taken a major step toward autonomous AI with the hiring of Peter Steinberger, the creator of the popular open-source AI agent framework OpenClaw. Steinberger will lead development of OpenAI’s next-generation AI agents, designed to perform tasks proactively on behalf of users rather than simply responding to prompts. OpenClaw gained widespread attention in late
OpenAI Hires OpenClaw Founder, Signaling Next Phase for AI Agents Read More »
Nigerian billionaire Abdulsamad Rabiu has seen his net worth climb to $12.3 billion, following strong stock performance from BUA Cement and BUA Foods. The industrialist, founder and chairman of BUA Group, gained nearly $915 million in a single day, reinforcing his position as Africa’s fourth-richest individual. Analysts attribute the surge to robust domestic demand in
Abuja, February 18, 2026 — President Bola Ahmed Tinubu has signed the Electoral Act 2026 (Amendment) Bill into law, giving legal force to the framework that will govern Nigeria’s 2027 general elections. The signing, which took place at the Presidential Villa, Abuja, follows swift approval by both chambers of the National Assembly. Key Provisions of
Tinubu Signs Electoral Act 2026: What It Means for the 2027 Elections Read More »
President Bola Tinubu has signed Executive Order 9, a sweeping directive aimed at stopping revenue leakages from Nigeria’s oil and gas sector and ensuring that all proceeds flow directly into the Federation Account. The order targets royalty oil, tax oil, profit oil, and profit gas under production sharing contracts, suspending NNPC’s previous retention of management
Tinubu Cracks Down on Oil Revenue Leaks with Executive Order 9 Read More »
MTN Group has announced plans to acquire full ownership of IHS Towers, after the IHS board accepted an offer of US$8.50 per share, a move that would see MTN increase its stake from 24.7 per cent to 100 per cent and take the company private. The proposed transaction, which remains subject to shareholder and regulatory
MTN Moves TO ACQUIRE IHS TOWERS IN $ 2.2BN DEAL FULLY, Plans NYSE Delisting Read More »
Africa’s richest businessman, Aliko Dangote, has elevated his daughters to senior executive positions within the Dangote Group, signalling a structured succession plan and renewed push for global expansion. Under the new leadership arrangement, Halima Dangote will oversee the Group’s Family Office and international operations, with strategic oversight of activities in Dubai and London. Fatima Dangote
Dangote Appoints Daughters to Key Executive Roles as Group Targets $100bn Valuation Read More »
