Nigeria

SUNU Assurances Nigeria moves to market with a rights issue of 2.08 billion ordinary shares, while LASACO Assurance launches six new insurance products following regulatory approval.

NNPC obtains presidential approval for Bonga deepwater project while federal government suspends petrol import licenses, accelerating Nigeria's shift toward domestic production and ending 18-year deepwater investment drought.

Senate President Godswill Akpabio has urged Nigerians to channel grievances through elected officials rather than social media, while INEC warns parties against excluding women from primaries ahead of 2027 elections.

Boko Haram and ISWAP terrorists killed three military commanding officers in Borno State within seven days, prompting emergency consultations between northeastern governors and federal defence officials.

Iran's oil blockade in the Strait of Hormuz is sending shockwaves through African economies, driving up fertilizer costs, disrupting currency markets, and threatening to deepen poverty across the continent.

Col Randrianirina, who seized power in 2025, dissolved his government in an unexpected move, adding to governance uncertainty across the Indian Ocean nation.

A Federal High Court has rescheduled proceedings against a defendant charged with calling for a military coup via social media, while President Tinubu vows Nigeria will not surrender to terrorist threats amid ongoing security challenges.

NNPC reports 5.81% production increase to 1.64mb/d in January despite revenue decline, while Dangote Refinery cites fees from 47 government agencies as major cost driver amid volatile global oil markets.

A series of incidents involving military detentions, missing engineers, and violent attacks on security personnel highlight growing concerns about accountability and civilian safety in Nigeria's security apparatus.

As thousands of Nigerians pursue opportunities in Canada, recent accounts reveal a landscape of both triumph and bureaucratic hazard, from job search struggles to cash seizure risks at border crossings.

Senator Ipalibo Banigo's defection from PDP to APC highlights Nigeria's opposition party crisis as internal factions hold emergency meetings and party leaders predict returning defectors.

Nigeria has appointed former Abia State Governor Okezie Ikpeazu as ambassador to Spain, part of broader diplomatic appointments as African nations face increased international scrutiny over governance issues.

Nigeria's insurance sector recorded rapid expansion in 2025, according to National Bureau of Statistics data, though its overall contribution to GDP remains limited as industry players emphasize gender inclusion initiatives.

Organizations across Nigeria and internationally observed International Women's Day with calls for equality and programs targeting mentorship, menstrual health education, and breaking barriers in male-dominated sectors.

Police and security agencies arrested over 115 suspects in coordinated operations across Nigeria, while bandits killed one person and abducted at least seven others in separate attacks.