Dangote Refinery IPO Attracts Up to N8.61tn in Estimated Subscriptions as Offer Deadline Is Extended
Dangote Petroleum Refinery’s initial public offering (IPO) has reportedly attracted subscriptions several times above its original fundraising target, with a fourfold subscription of the offer value potentially translating to about N8.61tn. President of Dangote Group, Aliko Dangote, disclosed on Monday ...
The Department of State Services (DSS) has arrested Faisal Abdulrasheed Maina, the fugitive son of former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, and handed him over to the Economic and Financial Crimes Commission (EFCC). Security sources ...
Former Vice President and African Democratic Congress (ADC) presidential candidate Atiku Abubakar has criticised the All Progressives Congress (APC)-led Federal Government over unresolved questions surrounding the October 20, 2020 Lekki shooting and the rising cost of living in Nigeria. Atiku ...
Africa’s richest man, Aliko Dangote, has reacted to the growing excitement among Nigerians over the ongoing initial public offering (IPO) of his company, as new investors jokingly demand daily updates on their investments. Dangote spoke in a video shared on ...
The Nigerian Navy has announced the commencement of its 2026 recruitment exercise for Batch 39 of the Nigerian Navy Basic Training School. The recruitment exercise will begin on October 2, 2026, and close on October 31, 2026, with qualified Nigerians ...
A passenger aboard a Flydubai flight from Dubai to Tel Aviv has recounted how he helped overpower an attacker who allegedly stabbed the pilot mid-air, as passengers and two off-duty pilots intervened to prevent a potential aviation disaster. The passenger, ...
The Nigerian naira traded around ₦1,330 per US dollar at the official foreign exchange market on Wednesday, October 7, 2026, while the parallel market continued to quote the dollar at a higher rate. Available market data put the official exchange ...
US President Donald Trump has criticised the Norwegian Nobel Committee’s decision to award the Nobel Peace Prize to South African human rights champion Navi Pillay, describing the choice as “disgraceful” and claiming it left an “indelible stain” on Norway. Trump ...
The Federal High Court in Abuja has dismissed a fundamental rights enforcement suit filed by Abuja-based businesswoman Aisha Achimugu against the Economic and Financial Crimes Commission (EFCC) over the search of her residence and seizure of her belongings. The court ...
OPay has become a familiar name in Nigeria’s digital financial services market, providing customers with access to payments and other financial services. Its lending business has also grown, making it important for prospective borrowers to understand the responsibilities that come ...
If you’re sending money home, planning a trip, or just watching the naira slide again, you want one number: what 100 US dollar to nigerian naira actually converts to right now. The problem is that Nigeria doesn’t run on a ...
Brazilian President Luiz Inácio Lula da Silva has challenged United States President Donald Trump over his approach to international relations, arguing that Washington has no right to impose its will on other sovereign nations. In an exclusive interview with CNN’s ...
OPay has dismissed a viral social media claim alleging that the fintech company has stopped using customers’ phone numbers as account numbers. Naija News reports that the claim advised OPay customers whose accounts are linked to their phone numbers to ...
The Imo State Police Command has confirmed that members of the National Youth Service Corps (NYSC) were among passengers abducted by gunmen along the Owerri-Onitsha Expressway in Imo State on Thursday, October 1, 2026. The police disclosed that 10 victims ...
A director in the Federal Ministry of Finance has told a Federal Capital Territory (FCT) High Court in Maitama that the ministry and the Office of the Accountant-General of the Federation (OAGF) were unaware of the withdrawal of N124.86 billion ...










