Unilever Nigeria posts N214bn revenue as profit rises to N32bn
Unilever Nigeria Plc has released its audited financial results for the year ended December 31, 2025, reporting a revenue of N214 billion for the year. Unilever Nigeria, in its results released on Monday, March 23, 2026, said the figure represents 43% increase from N150 billion recorded in 2024. The company disclosed that its gross profit rose 62% to N90 billion, while...
ICPC to arraign El-Rufai in Kaduna over fraud, money laundering
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced plans to arraign former Kaduna State Governor, Nasir El-Rufai, before the Federal High Court in Kaduna on Tuesday, March 24, 2026, over alleged corruption-related offences. In a statement issued on Monday by its Head of Media and Public Communications, John Odey, the commission disclosed that El-Rufai will be...
Petrol price hike: Makinde approves N10,000 allowance for Oyo workers
Oyo State Governor Seyi Makinde has approved N10,000 monthly transportation allowance for civil servants in the state. Makinde announced this during the supervision of the YEAP-SAFER support disbursement and stakeholder engagement programme at the Fashola Agribusiness Hub in Oyo town on Monday, March 23, 2026. He said the initiative would be implemented for an initial period of three months, adding that...
Terrorists destroy bridge linking Niger communities
Suspected terrorists have blown up a major bridge connecting Wawa and Luma communities in Borgu Local Government Area of Niger State, disrupting movement and economic activities in the region. The Niger State Police Public Relations Officer, Wasiu Abiodun, confirmed that the incident occurred in the early hours of Monday, March 23, 2026. Abiodun disclosed that the terrorists used explosive devices to...
Trump suspends attacks on Iranian power plants after peace talks
United States President Donald Trump has directed the postponement of any military strikes against Iranian power plants for five days. Trump announced this via a post on Truth Social on Monday, March 23, 2026. The post comes just hours ahead of a deadline that threatened further escalation in the Middle East conflict now in its fourth week. Trump noted that the U.S....
Baruwa ousts MC Oluomo as NURTW president, takes control of secretariat
The leadership tussle within the National Union of Road Transport Workers (NURTW) escalated on Monday as Tajudeen Baruwa assumed control of the union’s national secretariat in Abuja, displacing Musiliu Akinsanya, popularly known as MC Oluomo, following a series of court rulings in his favour. Baruwa, who addressed journalists at the secretariat alongside supporters drawn from across the country, said the...
N868m fraud: Court sentences ex-accountant-general Nwabuoku to 72 years imprisonment
The Federal High Court sitting in Abuja has convicted and sentenced the former acting Accountant-General of the Federation (AGoF), Chukwunyere Nwabuoku, to a 72-year jail term without an option of fine. Justice James Omotosho, in a judgement delivered on Monday, March 23, 2026, held that the Economic and Financial Crimes Commission (EFCC) had been able to prove the nine-count money...
Army arrests soldier over ₦114m fraud, false ‘Osisikankwu’ operation claims
The Nigerian Army has arrested a serving soldier, Staff Sergeant Amoke Simon, over alleged large-scale fraud totaling ₦114 million and false claims linking him to the killing of notorious kidnap kingpin, Obioma Nwankwo, popularly known as “Osisikankwu.” Military sources said the suspect, attached to the Nigerian Army Engineers Corps in Lagos, was apprehended at the Port Harcourt International Airport while...
CBN targets single-digit inflation with policy shift
The Central Bank of Nigeria (CBN) has reiterated its commitment to adopting a full-fledged inflation-targeting monetary policy framework as part of efforts to ensure long-term price stability and strengthen economic resilience. This position was made known by the CBN Deputy Governor in charge of Economic Policy, Dr. Muhammad Abdullahi, during a strategic engagement with members of the Nigerian Economic Society...
Latest developments in Middle East war
Iran on Monday threatened to attack Israel's power plants and those supplying United States bases across the Middle East if President Donald Trump carries out his threat to "obliterate" Iran's power network. Here are the latest developments in the Middle East war on Monday: Aircraft carrier return The USS Gerald Ford, the world's largest aircraft carrier playing a key role in the...
