Amaka Azubuike

Dangote Refinery Closes Landmark N2.15trn Public Offer

Dangote Refinery Closes Landmark N2.15trn Public Offer

Dangote Petroleum Refinery closed its historic N2.15 trillion initial public offering on Tuesday after drawing subscription applications from individual and institutional investors across 120 countries. The share offer marks the largest capital-raising exercise in the 66-year history of the Nigerian Exchange, establishing a new operational benchmark for domestic capital markets. Early subscription records indicate that…

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Swiss Evacuation Clears Nigeria of Active Ebola Cases

Swiss Evacuation Clears Nigeria of Active Ebola Cases

The Federal Government approved the medical evacuation of Nigeria’s sole confirmed Ebola patient to Switzerland following formal diplomatic requests. The patient, a 42-year-old Ugandan national married to a Swiss diplomat, fell ill in Abuja after returning from Uganda on 3 October. The Director-General of the Nigeria Centre for Disease Control and Prevention, Jide Idris, confirmed…

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Naira Steadies At N1,330 In Official Trading

Naira Weakens To N1,334 at Official Window

Nigeria’s naira slipped to N1,334 against the American dollar at the official foreign exchange market in mid-October 2026, recording marginal daily depreciation as commercial lenders absorbed steady corporate demand for import bills in Lagos. The Central Bank of Nigeria reported that the local currency weakened past N1,333 per dollar during midweek spot transactions, closing at…

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Russian Strikes Kill Civilians Across Ukraine

Russian Strikes Kill Civilians Across Ukraine

Russian air strikes killed at least eight people and wounded nearly sixty others across Ukrainian cities on Saturday morning during an overnight bombardment involving 332 drones and cruise missiles. Moscow mounts massive aerial raids to exhaust Ukraine’s western-supplied air defence batteries before winter temperatures freeze the eastern front. Depleted air defences kill civilians quickly. Ukrainian…

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FG Reopens First Niger Bridge After Repairs

FG Reopens First Niger Bridge After Repairs

Nigeria reopened the First Niger Bridge on Thursday after a 38-day closure that forced interstate traffic onto the newer downstream crossing between Asaba and Onitsha. Works Minister David Umahi ordered emergency repairs following alarming reports that scavengers had stolen crucial steel bolts from the ageing crossing. Neglect and theft continuously endanger critical transport links across…

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Homer’s Odyssey And Nigeria’s 2027 Political Journey

Campaign-Shy Candidates Rely on Proxies Before Polls

Nigeria’s leading presidential contenders have largely abandoned the campaign trail with barely ninety-four days left before the 2027 general election. President Bola Tinubu, former vice-president Atiku Abubakar, and their primary rivals now send governors, party foot soldiers, and hired surrogates to face voters instead of touring the federation in person. Power brokers fear open public…

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