The Dangote Refinery IPO demand has surged beyond expectations since the public offer opened, creating a rush among Nigerian retail investors and putting pressure on the country’s digital investment infrastructure. The ₦2.15 trillion offer opened on September 14, with 4.1 billion shares available at ₦525 each. The minimum subscription is 10 shares, worth ₦5,250, making…
Nigeria’s relationship with South Africa is facing renewed pressure as the National Assembly suspends official legislative engagements with the country, while Nigerian traders in Lagos are protesting the growing presence of Chinese businesses in retail markets. The two developments are separate, but they point to a wider concern around how Nigerians respond when foreign nationals…
The INEC 2027 National Assembly candidates list is now taking shape as Nigeria moves deeper into preparations for the 2027 general election, while the African Union has begun discussions with the electoral commission on monitoring the poll. The development puts greater focus on the people who will actually appear on the ballot and how the…
Super Eagles coach Éric Chelle is preparing to name two separate Nigeria squads this week as the national team begins its 2027 Africa Cup of Nations qualifying campaign while also preparing for a friendly against Russia. The decision gives Chelle an opportunity to separate immediate competitive demands from his longer-term plans for Nigerian football. The…
BNXN and producer Sarz have won Song of the Year at AFRIMMA 2026 for their collaboration, “Back Outside,” giving the pair one of the biggest honours from the African music awards’ return after a two-year break. The award was presented at the 2026 AFRIMMA Awards and Music Festival in Dallas, Texas, on September 12. AFRIMMA’s…
Graphics circulating online comparing Nigeria’s prices in 2015 with current costs have renewed debate over the Nigeria cost of living under APC. The APC scorecard highlights dramatic increases in food, petrol and other household expenses, while also showing how the value of workers’ wages has changed. The comparisons are becoming politically important as Nigerians judge…
RC Lens have sacked German manager Dino Toppmöller after only six official matches, making him the first manager dismissed in Europe’s top five leagues during the 2026/27 season. His league record was one win, one draw and two defeats. The decision is striking because Toppmöller’s spell began with one of the biggest wins in the…
Vice President Kashim Shettima has returned to Nigeria after leading the country’s delegation to the 18th BRICS Summit in New Delhi, where Nigeria and India agreed to work towards restoring bilateral trade to nearly $15 billion. The target follows a meeting between Shettima and Indian Prime Minister Narendra Modi on the sidelines of the summit….
The Dangote Refinery has reduced its total debt by about ₦798 billion in the first half of 2026, bringing its liabilities down to roughly ₦7.9 trillion. The reduction comes at a significant time, as the refinery has opened its historic ₦2.15 trillion Initial Public Offering to investors. According to the company’s IPO prospectus, total debt…
The Ondo herbal drink tragedy has raised fresh concerns about the safety of locally produced alcoholic beverages after 29 people died in communities across Odigbo Local Government Area. The Ondo State Government said 60 suspected cases have been recorded, with three people still receiving hospital treatment and another 27 under medical observation. Most of those…
