Augustine Nze

Nine NGX Firms Sink Into Financial Distress

NGX Begins Baseline Climate Checks For Listed Firms

Nigerian Exchange Group started corporate baseline climate assessments on Friday, 4 September 2026, pushing listed firms to document their actual carbon footprints under its N-Zero initiative. The exercise tests corporate readiness across carbon accounting, emissions risk, and transition planning. Group chief executive Temi Popoola warned company directors that global investors now attach strict green conditions…

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Atiku Lobbyist Alleges $3m Bribe Over Tinubu Records

Atiku Lobbyist Alleges $3m Bribe Over Tinubu Records

A Washington lobbying firm hired by former Vice President Atiku Abubakar claimed on Wednesday that intermediaries tied to President Bola Tinubu offered its founder a $3m bribe in London. Von Batten-Montague-York said an unnamed emissary tried to buy an immediate halt to its American advocacy campaign regarding historical drug-forfeiture files. The firm’s director, Karl Von…

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Agric Growth Nearly Doubles in Q2 Amid Insecurity -NBS

Agric Growth Nearly Doubles in Q2 Amid Insecurity -NBS

Nigeria’s agricultural sector expanded by 4.39 per cent in the second quarter of 2026, nearly doubling its previous growth pace despite widespread rural insecurity. Data from the National Bureau of Statistics shows the sector outpaced its 2.82 per cent expansion recorded in the corresponding quarter of 2025. The surprise rebound helped push broader national economic…

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Gunmen Kidnaavp Three CRIN Workers in Oyo

Kidnappers Extort N7.78bn as Boko Haram Dominates

Kidnapping syndicates extorted N7.78 billion in cash payments across Nigeria between July 2025 and June 2026, according to a report by SBM Intelligence. The Lagos-based geopolitical research consultancy documented 1,713 separate kidnap incidents involving 7,825 victims within the twelve-month cycle. Total ransom payments more than tripled from the N2.56 billion recorded in the previous annual…

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US Warns Hormuz Blockade Worsens Nigeria Food Crisis

US Warns Hormuz Blockade Worsens Nigeria Food Crisis

American diplomats warned the United Nations Security Council on Tuesday, 25 August 2026, that Iran’s chokehold on the Strait of Hormuz will deepen acute food insecurity across Nigeria and sub-Saharan Africa. United States Alternate Representative for Special Political Affairs, Ambassador Jennifer Locetta, told the Council in New York that maritime obstructions in the Persian Gulf…

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