SEC Clears N2.15tn Dangote Refinery Share Float
Nigeria’s Securities and Exchange Commission approved the initial public offering of Dangote Petroleum Refinery and…
SEC Clears N2.15tn Dangote Refinery Share Float
Nigeria’s Securities and Exchange Commission approved the initial public offering of Dangote Petroleum Refinery and Petrochemicals on Friday, 4 September 2026, clearing the path for a historic N2.15 trillion capital raise. The corporate regulator cleared the firm to issue 4.1 billion ordinary shares at N525 each, while registering its existing pool of 120.13 billion ordinary…
Russia Threatens New Strikes Despite Ukrainian Truce Offer
Moscow answered a fresh Ukrainian truce offer with threats of renewed missile barrages on Friday, 4 September 2026. Ukrainian President Volodymyr Zelenskyy had offered to pause long-range drone strikes on Russian airspace during a sensitive American diplomatic mission. United States special envoy Steve Witkoff and presidential adviser Jared Kushner plan to land in Moscow on…
External Reserves Hit $54.08bn in 18-Year Peak
Nigeria’s external reserves crossed the $54 billion threshold to reach $54.08 billion on 3 September 2026, marking an eighteen-year high for the national treasury. Fresh balance-sheet data published by the Central Bank of Nigeria shows a gain of $12.58 billion over the past twelve months, reflecting a 30.3 per cent year-on-year surge from $41.50 billion…
NSCDC Rescues 15 Minors Sold for N2m Each
Operatives of the Nigeria Security and Civil Defence Corps rescued 15 trafficked minors who were sold for N2 million each across southern states, corps spokesman Babawale Afolabi confirmed on Friday, 4 September 2026, in Abuja. The criminal operation targeted destitute farming families in the Kokona local council area of Nasarawa State under the pretext of…
Adewale Ayuba Set to Release New Album
Fuji veteran Adewale Ayuba will release a five-track mini-album titled Arise on 19 September 2026, ditching the marathon songs that defined traditional Yoruba street music for four decades. Speaking in Lagos, the veteran artist confirmed that he will abandon the conventional 33-minute vinyl suites that built his career. He intends to feed modern digital playlists…
Auditor-General Flags N33.75bn Transfers to Ghost Names
Nigeria’s Auditor-General for the Federation has revealed that the National Cash Transfer Office cannot account for N33.75bn paid out to 3.29 million vulnerable households in 2023. The alarming discovery forms part of the Auditor-General’s 2024 Annual Report on Non-Compliance and Internal Control Weaknesses in Federal Ministries, Departments, and Agencies. Shaakaa Chira, who heads the federal…
Israeli Drone Strike Kills Two in Southern Lebanon
An Israeli drone fired a missile into a motorcycle near Nabatieh on Friday, 4 September 2026, killing two men and shattering the fiction of a regional ceasefire. The strike hit close to Kfar Reman by the Ali al-Taher ridge, an elevated outcrop that Israeli commanders claim to hold. Paramedics carried the dead to a nearby…
Customs Seizes N3.95bn Drugs in Lagos Raids
Men of the Nigeria Customs Service impounded illicit drugs and toxic chemicals worth N3.95 billion across south-western border corridors, intercepting three suspects in the process. Customs Area Controller Gambo Aliyu, who runs the Federal Operations Unit Zone A in Ikeja, handed the haul to anti-narcotics and green safety regulators on Thursday, 3 September 2026. The…
Donald Duke’s Human Sacrifice Revelation Sparks Outrage
Former Cross River State Governor Donald Duke has ignited fierce public outrage by revealing that Nigerian politicians resort to human sacrifice in their desperate scramble for power ahead of the 2027 general elections. Speaking in Abuja during a consultative visit by the Savannah Centre Council of the Wise, led by former Chief Justice Olukayode Ariwoola,…
Boko Haram Strikes Political Convoy as Jihadists Clash
At least twenty-three insurgents died during fierce fighting between rival Boko Haram and Islamic State West Africa Province factions in the Sambisa forest on Thursday, 3 September 2026. The lethal clash erupted around the Chingolo axis of Bama Local Government Area as Boko Haram gunmen ambushed advancing ISWAP units. Hours later, Boko Haram fighters struck…