Conoil Plc reports 85.5% decline in profit amid revenue dip for Q3 2025 

Conoil Plc has reported a profit before tax of N728 million for the third quarter (Q3) ended 30 September 2025, a sharp 85.50% year-on-year decline from N5.02 billion posted during the same period in 2024.   The post Conoil Plc reports 85.5% decline in profit amid revenue dip for Q3 2025  appeared first on Nairametrics.

Read more

Lagos govt approves new Governing Council for LASU

The Lagos State Government has announced the approval of a new Governing Council for the Lagos State University, LASU, signaling a renewed commitment to strengthening the administration and academic excellence of the institution. The approval was contained in a circular issued on Friday and signed by the Head of Service, Mr Bode Agoro. According to
Lagos govt approves new Governing Council for LASU

The Lagos State Government has announced the approval of a new Governing Council for the Lagos State University, LASU, signaling a renewed commitment to strengthening the administration and academic excellence of the institution.

The approval was contained in a circular issued on Friday and signed by the Head of Service, Mr Bode Agoro.

According to the statement, Governor Babajide Sanwo-Olu has given his assent to the appointment of an 11-member council that will oversee the strategic direction and governance of the state-owned university.

“In line with the Sanwo-Olu administration’s continuous efforts to enhance the quality of education across state-owned tertiary institutions, it is hereby notified for general information that Mr Babajide Olusola Sanwo-Olu, the Governor of Lagos State, has approved the membership of the Lagos State University Governing Council,” the circular stated.

The circular also directed all accounting officers to take note of the development and ensure the information receives adequate publicity across relevant institutions and departments.

The newly approved LASU Governing Council will be chaired by Mr Babatunde Ogala, SAN, a distinguished legal practitioner, capital market consultant, and business recovery expert.

Other members include Oluseyi Badmus, Bode Makanjuola, Mojisola Tolagbe Taiwo, Shaffudeen Amuwo, Rafiu Adisa Ebiti, Kofo Durosimi-Etti, Farouk Gumel, Adenike Akanbi, Biodun Hundeyin, and Remi Desalu.

Mr Ogala, who earned his law degree from the University of Jos in 1985 and was called to the Nigerian Bar in 1986, brings extensive experience in legal and corporate governance.

He previously served as General Legal Adviser for Guardian Press Limited for five years and was an Associate Counsel at the Femi Okunnu Chambers.

Between 2007 and 2011, he also served as a member of the Lagos State House of Assembly, where he contributed significantly to legislative development in the state.

Lagos govt approves new Governing Council for LASU

Read more

Turkey FA suspends 149 referees over widespread betting scandal

Turkey FA suspends 149 referees over widespread betting scandal

Read more

Because we rejected strange proposal – APC chieftain knocks Trump for placing Nigeria on watch list

A chieftain of the All Progressives Congress, APC, Ayekooto Akindele has alleged that the decision of the US President Donald Trump to designate Nigeria as Country of Particular Concerns followed the Nigerian government’s rejection of US “strange proposal”. President Trump had on Friday, tagged Nigeria CPC, placing the country on watch list following claims of
Because we rejected strange proposal – APC chieftain knocks Trump for placing Nigeria on watch list

A chieftain of the All Progressives Congress, APC, Ayekooto Akindele has alleged that the decision of the US President Donald Trump to designate Nigeria as Country of Particular Concerns followed the Nigerian government’s rejection of US “strange proposal”.

President Trump had on Friday, tagged Nigeria CPC, placing the country on watch list following claims of Christian massacre in the country.

DAILY POST reports that prior to the designation, some lawmakers and religious freedom fighters in the US had alleged that over 30 Christians are being killed every day by Islamic extremists in Nigeria.

The claim has since been debunked by the presidency as government officials in counter claims, said the security crisis in the country has no religious inclination.

But Trump in a statement on Friday said the US cannot be watching while Christians are being persecuted in Nigeria.

Reacting to Trump’s move, Ayekooto in an X post on Saturday attributed the decision to the refusal of the Nigerian government to accept illegal immigrants reported from the US.

Ayekooto also alleged that Nigeria’s decision “to pursue economic liberties with every global economic organisation”, triggered the move by the US government.

He wrote, “Donald Trump, Nigeria is not a country to mess with. We are multi-religious and multi-cultural. A country where the President is a Muslim and his wife is a Pastor should tell you more about our lives here. Do you want to rescue the First Lady from her Husband?

“And you know we are a country of particular concern, yet you attempted to deport illegal immigrants of other nations to this country but because we rejected the strange proposal, and also decided to pursue economic liberties with every global economic organisation, we suddenly became your country of concern!”

Because we rejected strange proposal – APC chieftain knocks Trump for placing Nigeria on watch list

Read more

Trump cares more about Nigerians than Tinubu, other elected leaders – Timi Frank on CPC designation

Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has backed the United States President Donald Trump for declaring Nigeria a “Country of Particular Concern” (CPC) over persistent human rights violations and the government’s failure to protect citizens from killings and insecurity. According to him, the move by the US
Trump cares more about Nigerians than Tinubu, other elected leaders – Timi Frank on CPC designation

Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has backed the United States President Donald Trump for declaring Nigeria a “Country of Particular Concern” (CPC) over persistent human rights violations and the government’s failure to protect citizens from killings and insecurity.

According to him, the move by the US president showed he cares more about ordinary Nigerians than most elected leaders in the country, including President Bola Ahmed Tinubu.

Frank disclosed this in a statement on Saturday.

He also called for targeted sanctions against corrupt Nigerian government officials fuelling insecurity and impunity in the country.

Recall that Trump had on Friday announced that the United States is designating Nigeria as a “country of particular concern” over what he described as widespread attacks on Christians in Nigeria.

Reacting, Timi Frank described U.S. action as a bold and long-overdue decision, saying it reflects international recognition of the Nigerian government’s negligence in the face of growing atrocities and systemic corruption.

“We commend President Trump for taking this stand; it is long overdue,” Frank said.

“By this action, President Trump has shown he cares more about the welfare and safety of ordinary Nigerians than those elected to lead them.”

“We appeal to the United States to protect ordinary Nigerians from the fallout of sanctions after due investigations.

“The measures should be directed at those directly responsible for the atrocities, not at citizens already suffering from the government’s failures, Christians and non-Christians alike,” he said.

Meanwhile, the Nigerian government rejected the US designation of the country as a CPC, saying the claims do not reflect reality on the ground.

Trump cares more about Nigerians than Tinubu, other elected leaders – Timi Frank on CPC designation

Read more

Kebbi Deputy Speaker Abducted

Kebbi Deputy Speaker Abducted

Onuminya Innocent

The Deputy Speaker of the Kebbi State House of Assembly, Muhammed Samaila Bagudo, has been abducted by suspected Lakurawa armed bandits in Bagudo Local Government Area of the state.

The incident occurred on Friday at about 8:20 p.m., shortly after he observed Isha’i prayers and was returning home.

According to eyewitnesses, a group of armed men stormed Bagudo town, firing sporadically to create panic, and abducted the lawmaker.

The Kebbi State Police Command has confirmed the abduction and launched a search and rescue operation to secure his release.

The Command’s Public Relations Officer, CSP Nafiu Abubakar, stated that a joint team comprising police tactical units, military personnel, and local vigilantes has been deployed to the area. “The combined forces are currently combing suspected bandits’ routes and surrounding forests in an effort to rescue the lawmaker unhurt and apprehend those responsible for the attack,” he said.

The Kebbi State Government has also confirmed the abduction, with the Chief Press Secretary to the Governor, Ahmed Idris, stating that the government is working to ensure the lawmaker’s safe release. “Yes, I just got the information about the alleged abduction of the Deputy Speaker in his hometown this evening. I am in touch with the Director of Security in the state. Once I get the details of what transpired, I will alert you very soon on the government’s position,” Idris said.

The state police boss, Bello Sani, has urged residents to remain calm and law-abiding, assuring them that the police are on top of the situation. “In view of the unfortunate incident, we have formed a strong rescue team, and they are already combing bushes and forests to rescue him unhurt,” he said.

​  

Onuminya Innocent The Deputy Speaker of the Kebbi State House of Assembly, Muhammed Samaila Bagudo, has been abducted by suspected Lakurawa armed bandits in Bagudo Local Government Area of the

Read more

They’re being slaughtered by radical Islamists – US lawmaker excited as Trump designates Nigeria

Riley M. Moore, a member of the US Congress has expressed excitement over the designation of Nigeria as Country of Particular Concerns, CPC by President Donald Trump. Trump had on Friday placed Nigeria on watch list following claims of Christian massacre in the country. DAILY POST reports that prior to the designation, Moore had alleged
They’re being slaughtered by radical Islamists – US lawmaker excited as Trump designates Nigeria

Riley M. Moore, a member of the US Congress has expressed excitement over the designation of Nigeria as Country of Particular Concerns, CPC by President Donald Trump.

Trump had on Friday placed Nigeria on watch list following claims of Christian massacre in the country.

DAILY POST reports that prior to the designation, Moore had alleged that over 30 Christians are being killed every day by Islamic extremists in Nigeria.

The claim has since been debunked by the presidency as government officials in counter claims, said the security crisis in the country has no religious inclination.

Trump in his Truth Social post, said the US government will not be watching while Christians are being killed in Nigeria.

Reacting, Moore in a post via his X handle, Moore commended Trump’s decision, describing it as a demonstration of strong leadership and a commitment to protecting persecuted Christians.

The post reads, “Thank you, @POTUS, for your incredible leadership by designating Nigeria as a Country of Particular Concern.

“You have always been a champion for Christians around the world, and I’m grateful for the opportunity to work with you and Chairman Cole (@houseappropsgop) to defend our brothers and sisters in Christ who are being slaughtered by radical Islamists in Nigeria.”

They’re being slaughtered by radical Islamists – US lawmaker excited as Trump designates Nigeria

Read more

Akwa Ibom: Masquerade leader, one other arrested for alleged criminal activities, public disturbance

Akwa Ibom State Police command has arrested a leader of a masquerade cultural group, Uwem Umana and one other person for alleged involvement in series of criminal activities including illegal assembly, armed blockage of a public highway, and extortion. The command Public Relations Officer, DSP Timfon John, who disclosed this in a statement in Uyo
Akwa Ibom: Masquerade leader, one other arrested for alleged criminal activities, public disturbance

Akwa Ibom State Police command has arrested a leader of a masquerade cultural group, Uwem Umana and one other person for alleged involvement in series of criminal activities including illegal assembly, armed blockage of a public highway, and extortion.

The command Public Relations Officer, DSP Timfon John, who disclosed this in a statement in Uyo on Saturday, said the arrest followed a distress call received from a concerned citizen (name withheld).

John said the masquerade group was accused of attacking citizens, blocking a public highway and extorting money from members of the public passing through the route.

She said, “According to the information from the distress call, the perpetrators, armed with sphere arrows, machetes, sticks, and other weapons, were also physically assaulting members of the public, including NYSC members.

“Investigation revealed that the leader of the “Ekpo” masquerade in the village, one Uwem Umanah ‘M’ aged 45 years, had authorized members of the group to wear masks and disguise themselves in masquerade costumes in public, despite an existing ban on such displays.

“Upon receipt of the information, Operatives of the Command immediately dispatched to the scene and arrested the alleged mastermind, Uwem Umanah.”

In a related development, one David Michael ‘M’ aged 34 years of Ikot Obong Edong Village, was arrested at Ukana Onuk Village while in possession of complete masquerade costumes, preparing to invade the area.

She said the two suspects have been charged to court following a thorough investigation into the matter. She added that police will not tolerate acts of lawlessness, intimidation, or violence under any guise, including the unauthorized use of cultural paraphernalia to perpetrate crime.

“The Commissioner of Police, Akwa Ibom State Command, CP Baba Mohammad Azare fsi, reassures the general public of the Command’s unwavering commitment to maintaining public safety and order,” she said.

Akwa Ibom: Masquerade leader, one other arrested for alleged criminal activities, public disturbance

Read more

Top 10 most affordable 4G smartphones in Nigeria as of October 2025 

In this article, we highlight the most affordable 4G smartphones currently available in Nigeria for anyone looking to stay connected without overspending The post Top 10 most affordable 4G smartphones in Nigeria as of October 2025  appeared first on Nairametrics.

Read more

Police confirm abduction of Kebbi deputy speaker, launch rescue operation

The Kebbi State Police Command has confirmed the abduction of the Deputy Speaker of the State House of Assembly, Alhaji Muhammad Sama’ila-Bagudo, by suspected bandits in Bagudo Local Government Area. The Command’s Public Relations Officer, CSP Nafi’u Abubakar, disclosed this in a statement issued on Saturday in Birnin Kebbi. According to him, the attack occurred
Police confirm abduction of Kebbi deputy speaker, launch rescue operation

The Kebbi State Police Command has confirmed the abduction of the Deputy Speaker of the State House of Assembly, Alhaji Muhammad Sama’ila-Bagudo, by suspected bandits in Bagudo Local Government Area.

The Command’s Public Relations Officer, CSP Nafi’u Abubakar, disclosed this in a statement issued on Saturday in Birnin Kebbi.

According to him, the attack occurred on Friday night around 8:20 p.m. when armed men invaded Bagudo town and whisked away the lawmaker shortly after he observed the Isha’i prayer and was returning home.

Abubakar said a joint security team comprising police tactical units, military personnel, and local vigilantes had been deployed to track down the assailants and rescue the victim.

“The joint team is currently combing the bandits’ routes and nearby forests with a view to rescuing the lawmaker unhurt and arresting the perpetrators of the dastardly act,” the PPRO said.

He added that the Commissioner of Police, Bello Sani, had reaffirmed the command’s commitment to safeguarding lives and property across the state.

Sani also urged residents to remain vigilant and support security agencies with credible information that could aid the rescue operation and sustain peace in the state.

As of the time of filing this report, the abductors had yet to make contact or state their demands.

Police confirm abduction of Kebbi deputy speaker, launch rescue operation

Read more

Business & Economy

TRUMP’S REBUKE, NIGERIA’S MORAL TEST
Effi & Associates Joins ALPi as Group Expands into Francophone W’Africa
SEC Tasks Registrars Other CMOs on Innovations
Elizade JAC Autoland Introduces New Models, Reaffirms Commitment 
NIPR Holds Annual PRICE Awards
T2 Named Technology Partner for CIArb Conference
Growing Cultural Impact of Nigeria’s Creative Industry
NCC Restates Commitment to Unlock Rural Economic Potential with Digital Connectivity
Report: Connectivity Speed in Urban Networks Rises as Operators Invest More in 4G LTE Technology
Theuri: Nigerian Market is Strategic for Business Growth
Dantsoho Urges African Ports to Deepen Collaboration for Blue Economy Growth
15% import tariff on petrol will strengthen local content – MAN
Funding gap threatens Nigeria’s AI growth despite strong implementation – Report 
Fidelity Bank records N13.9 billion as All-Share wipes 1,816.2 points on large-cap declines 
Ondo state, investors sign $50 billion refinery, free trade zone agreement 
SEC DG: Nigeria’s non-interest capital market now worth N1.6 trillion  
Beyond Compliance: How stronger capital will redefine merchant banking in Nigeria 
Receivership: Nestoil drags 8 Nigerian banks, Afreximbank to Abuja Court 
FCCPC shuts down five textile warehouses in Kano over deceptive sales practices 
AXA Mansard sustains growth momentum, lifts insurance revenues by 23% to N120.53 billion  in Q3 2025 
Woodhall Capital targets $50 Billion in Global Investments to drive Nigeria’s Development 
Access Holdings leads Nigerian lenders in credit quality, PREMIUM TIMES Annual Banking Report shows
Access Holdings leads Nigerian lenders in credit quality, PREMIUM TIMES Annual Banking Report shows
FG considers refinery sales to attract investors, boost competition 
FG considers refinery sales to attract investors, boost competition 
CBN’s Fixed Income overhaul sparks regulatory tensions in financial market 
Taikun Mindset: Tribute to Alhaji KK as a relentless visionary at 57 
The Initiates Plc holds signing ceremony and Facts Behind The Combined Offer
NAHCO sustain strong momentum with impressive Q3 performance
Governor Abba Kabir Yusuf, Emir Sanusi, grace official launch of Signature Bank’s Kano Branch  
Meet 10 Managing Partners steering Nigeria’s leading audit firms 
Nigeria Immigration Service to launch Single Travel Emergency Passport for Nigerians abroad 
10 Best Meal Delivery Services, Tested by an Ex-Restaurant Critic
It’s Been a Year Since Trump Was Elected. Democrats Still Don’t Get the Internet
Our Favorite Gaming Headset for Xbox Owners Is Discounted
FBI Warns of Criminals Posing as ICE, Urges Agents to ID Themselves