Kenya secures new investor for $254.4 million Kitui cement factory, after Dangote’s exit
Kenya has secured a new investor to establish a $254.4 million cement factory in Kitui County, with construction expected to begin in November 2026.
Kenya has secured a new investor to establish a $254.4 million cement factory in Kitui County, with construction expected to begin in November 2026.
News
Federal Government of Nigeria (FGN) Savings Bond allotments rose by N11.02 billion to N47.25 billion in the first nine months of 2026, from N36.23 billion recorded in the corresponding period of 2025. The post FGN Savings Bond allotments jump N11 billion to N47.25 billion in 9 mo...
News
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has defended him over his decision to refer to President Bola Tinubu simply as “Bola.” In a post on his verified X handle on Friday, Atiku’s media aide, Paul Ibe, said there was no Nigerian law making i...
safety
The Ogun State Police Command has said three suspects will be arraigned before the Ago-Iwoye Magistrate Court on Friday over the alleged assault and obstruction of police officers performing their lawful duties. The suspects are 51-year-old Alaba Mulika, 21-year-old Alawode Iyanu...
News
Nigeria’s stock exchange is in the midst of its largest liquidity year. In March, Nigerian banks completed their largest capital-raising exercise, raising ₦4.65 trillion ($3.49 billion) in 24 months, including $2.54 billion from local investors. Dangote Refinery is trying to rais...
Local
Carter Efe and Big Brother Naija Season 7 winner Phyna emerged victorious in the headline celebrity boxing bouts tagged “Chaos in the Ring” Independence Edition, which took place in Lagos. Efe, an online streamer, retained his celebrity boxing title after the referee ...
safety
Akwa Ibom State chapter of the Nigeria Democratic Congress has expressed anger over the police cancellation of a two-million-man march organised by “Obidient Movement” scheduled for the presidential candidate of the party, Peter Obi and his running mate, Rabiu Kwankwaso, in Uyo. ...
News
Governors and other prominent Nigerians have called for unity, peace, responsible citizenship and greater accountability as the country marks its 66th Independence Anniversary, with some highlighting achievements in their states and others drawing attention to persistent challeng...
business
The Nigerian National Petroleum Company Limited recorded claims totalling N11.2tn from the Federation in 2025 for costs and advances incurred on its behalf, including expenses related to securing the country’s oil and gas assets, an analysis of its 2025 audited financial statemen...
News
Nigeria's pension fund assets expanded by N3.8 trillion in the first eight months of 2026, rising from N28.04 trillion in January to a record N31.8 trillion as of August 31, 2026. The post Nigeria’s pension assets grow by N3.8 trillion in eight months—PenCom appeared first on Nai...
safety
The Ogun State Police Command has arrested a 45-year-old man, Tony Ameachi, over an alleged N2.5m fraud involving a deep freezer transaction. The command also said 25 Automated Teller Machine cards, 25 mobile phones and 16 Subscriber Identity Module cards were recovered from the ...
News
The British Pound’s last bargain was at N1,767/£1 against the naira as it maintained its bullish momentum against the British currency in the CBN's post-cut era. The post British Pound falls to N1,767 as naira extends gains after CBN rate cut appeared first on Nairametrics ....
News
Senator Abiodun Olujimi is calling for patience from Nigerians following a raft of reforms rolled out by the Federal Government after President Bola Tinubu assumed office in May 2023. Olujimi, who spoke on Friday, said the reforms have so far helped to stabilise the country, argu...
