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Companies & markets

First Holdco Plc Records Impressive Profit Surge: N663.49 Billion in 2024

Lagos, April 18, 2025 (Naija247news Financial Desk) – First Holdco Plc has announced a record profit after tax of ₦663.49 billion for the year...

BUSINESS News

FG Set to Pay N2trn Debt to Power Generating Companies Before Year-End

Naija247news reports that the Federal Government of Nigeria has announced plans to settle nearly N2 trillion out of the N4 trillion owed to electricity...
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Stock Market Investors Lose N9.96 Billion as Transactions Drop by 23.15%

Lagos, April 18, 2025 (Naija247news) – The Nigerian Stock Exchange saw a decline in trading activity this week as investors exchanged 1.525 billion shares...

Nigerian Exchange Records N240 Billion Gain, Powered by Investor Interest in Select Stocks

Lagos, April 17, 2025 – Naija247news – The Nigerian Exchange Ltd. (NGX) closed Thursday on a positive note, as the market capitalisation gained N240...

NGX Market Rebounds with N19 Billion Gain, but Negative Market Breadth Prevails

By Naija247news Financial Desk | April 15, 2025 Lagos, Nigeria – After two consecutive days of losses, the Nigerian Exchange Limited (NGX) bounced back on...

SEC Bans Unregistered Crypto and Forex Platforms Under New ISA 2025 Law

Abuja, April 15, 2025 – Naija247news – The Securities and Exchange Commission (SEC) has announced that operating digital asset exchanges or online foreign exchange...

Nigerian Stock Market Sheds N21bn as Profit-Taking Triggers 0.03% Dip in All-Share Index

NGX Opens Week on Bearish Note as Market Loses N21bn Amid Profit-Taking Pressure Lagos, April 14, 2025 – Naija247news – The Nigerian stock market kicked...

NNPC Sets Sights on $60bn Investment Drive in Oil and Gas Sector by 2030

Naija247news reports that the Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled an ambitious investment roadmap aimed at attracting $60 billion into Nigeria’s...

Nigeria’s Oil Reserves Drop to 37.28bn Barrels, Gas Reserves Rise to 210.54 Trillion Cubic Feet – NUPRC Declares

Abuja, April 17, 2025 – Naija247news Exclusive – In a fresh declaration that lays bare the nation’s energy wealth and production trajectory, the Nigerian...

Africa’s Gas Demand Soars to 183bcm as Industrial Boom Drives 4% Growth in 2025 – GECF

Abuja, April 15, 2025 – Naija247news: Africa’s natural gas consumption is surging as the continent’s energy appetite continues to grow, with usage hitting a...

Oborevwori Assures Renaissance Energy of Safe Operating Ground in Delta State

, Pledges Unwavering Government Support Asaba, April 17, 2025 – Naija247news — In a bold declaration of Delta State’s commitment to peace, security, and partnership,...

Ojulari Pledges Strong Collaboration to Drive NNPC Ltd.’s Growth,

Seeks Partnership for Industry Success Abuja, April 17, 2025 (NAN) — Mr. Bashir Ojulari, the Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company...

Fayose Slams Opposition Coalition, Says It’s a “Dead Horse”

  Former Ekiti State Governor, Ayo Fayose, has rubbished the much-talked-about opposition coalition aimed at toppling President Bola Tinubu and the ruling All Progressives Congress...

Edo Governor Okpebholo Declares Death Penalty for Kidnappers, Vows to Tackle Insecurity Head-On

  Edo State Governor, Senator Monday Okpebholo, has issued a stark warning to kidnappers, declaring that anyone caught engaging in such crimes will face the...

Who Is Natasha Akpoti? From Iron Lady to Targeted Politician

Naija247news Feature | April 18, 2025 Natasha Hadiza Akpoti-Uduaghan is not your average Nigerian politician. Born to a Kogi father and Ukrainian mother, she’s a...

MACBAN Cries Out: Demands Tinubu’s Intervention Over ‘Ethnic Profiling, Injustice’ Against Fulani Herders

Abuja | Naija247news Political Desk | April 18, 2025 – The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has issued a passionate call...

Former Labour Leaders Slam Emergency Rule in Rivers State, Call Tinubu’s Action a ‘Civilian Coup’

Port Harcourt | Naija247news Political Desk | April 18, 2025 – A coalition of former labour leaders in Rivers State has delivered a damning...

IMF Recommends Tight Monetary Policy to Tackle Inflation in Nigeria

Abuja, April 18, 2025 (Naija247news) – The International Monetary Fund (IMF) has emphasized the need for a tight monetary policy in Nigeria to effectively...

Nigeria’s Broad Money Supply Hits Unprecedented ₦114.2 Trillion as CBN’s Tightening Falls Short

– Inflation Bites, Credit to Government Surges Naija247news Report | Abuja — In a development that throws the Central Bank of Nigeria’s (CBN) tightening playbook into...

“U.S. Tariffs on Cocoa Growers Threaten Nigeria’s 606% Export Growth to N1.2 Trillion, Favor European Chocolatiers”

Lagos, April 3, 2025 (Naija247news) – The introduction of new tariffs on cocoa exports by major global markets is posing a serious threat to...

Gold Surges to Record High Above $3,000 Amid Middle East Tensions and Tariff Fears

Gold prices hit a new record high on Tuesday, surpassing $3,000 per ounce as investors flocked to the precious metal amid rising geopolitical risks...

“Nigeria’s Fulani Question: Between Protection and Prosecution, Who Speaks for the Farmers?”

By Naija247news Investigative Desk As the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) presses President Bola Ahmed Tinubu for a presidential directive protecting Fulani...

Michael Alagba, 13-yr-old amputee challenges disability stigma with 2km walk

9, April 2025 For most of his life, 13-year-old Michael Alagba has lived with the weight of expectations, none of which came from him. Born with...

University of Ibadan raises concern over student egg donation trend

18, April 2025 The authorities of the University of Ibadan, Ibadan, in Oyo State, have raised concerns about the growing trend of the organised recruitment...

Governor Uba Sani’s 50% Tuition Slash Marks Turning Point in Kaduna’s Higher Education Access

Naija247news reports that Kaduna State Governor, Senator Uba Sani, has introduced a landmark 50% reduction in tuition fees for state-owned tertiary institutions, a policy...

Over 300 Students Sit On Bare Floor At Cross River School Due To Lack Of Desks

18, April 2025 Over 312 students at Government Secondary School Atu in Calabar South Local Government Area are being forced to sit on bare floors...

Tension Rises as KASU Lecturers Threaten Strike Over Withheld Salaries

Naija247news reports that academic activities at Kaduna State University (KASU) may soon be disrupted as lecturers under the umbrella of the Academic Staff Union...

WAEC introduces variations of papers for the 2025 WASSCE exams

17 , April 2025 In a groundbreaking initiative, the West African Examinations Council (WAEC) has announced the introduction of paper variations for the 2025 West...

Tony Elumelu at 62: A Legacy Beyond Wealth and Boardrooms

Naija247news reports that as Tony Elumelu marks his 62nd birthday, tributes continue to pour in across corporate and philanthropic circles in celebration of a...

Benue and Plateau: A Nation’s Silent Collapse — How Rural Nigeria Is Becoming a War Zone

• As herdsmen escalate attacks, Abuja’s silence is no longer an option • From the killing fields of Otukpo to the mass graves in Plateau,...

Editorial: Nigeria Must Treat Herdsmen Violence Like a National Emergency — Before It’s Too Late

The recent outbreak of violence in Edo State’s Ovia North-East Local Government Area is more than just another tragic episode in Nigeria’s long-running herder-farmer...

EDITORIAL: Nigeria’s Judiciary Is Blind to Its Own People — It’s Time to Recognize Our Diversified Justice System

Naija247news Editorial Board April 16, 2025 Nigeria is a country of many tongues, tribes, and traditions — yet when it comes to justice, our constitution tells...

Atiku Abubakar’s Presidential Ambition Is The Heart and Soul of PDP’s Crisis…

...From Betraying Wike in 2023 to the Rivers Meltdown in 2025 By Naija247news Political Desk It is no longer news that the Peoples Democratic Party (PDP)...

TOP News

Why Nigeria Must Detach Its Foreign Policy from Neoliberal Democratic Ideologies

By the Naija247news Editorial Board In a world upended by economic shocks, rising authoritarianism, and global realignments, it’s time for Nigeria to wake up from...

Nigeria Must Lead Africa’s Voice in a Shifting World Order – Foreign Minister Tuggar

— Naija247news Political Desk | April 17, 2025 | Abuja As global uncertainty deepens, Nigeria’s Minister of Foreign Affairs, Amb. Yusuf Tuggar, has sounded a...