•Bandits No fewer than 1,111 Nigerians were killed and another 276 persons abducted by non-state actors in the month of June, a report released by Beacon Security and Intelligence Limited has disclosed. According to Leadership, the report also revealed that June witnessed a notable de-escalation in overall security breaches compared to the mon...
•Dangote The Dangote Petroleum Refinery is planning to end crude importation by December 2025, a move that would replace hundreds of thousands of barrels a day of imported oil. A Bloomberg report quoting the Vice President at Dangote Industries, who oversees the 650,000 barrel-a-day plant in Lagos, Devakumar Edwin, said contracts with foreign ...
•Dangote Refinery was commissioned in May 2023 Dangote Petroleum Refinery has been identified as crucial to reducing inflation in Nigeria, according to a report by the Financial Derivatives Company (FDC) Limited think tank. In its recently published Lagos Business School (LBS) Executive Breakfast Presentation for July, the think tank noted tha...
Nigeria’s banking sector recorded a strong 39.6 per cent year-on-year growth in 2024, with total assets rising to N170.02 trillion from N121.8 trillion in 2023. This remarkable expansion was fueled by surging remittance inflows, the widespread adoption of digital financial services, and broader sector reforms, according to the State of Enterpr...
•Donkeys Almost six million donkeys are slaughtered annually for Chinese medicine, with severe knock-on effects for African villagers who rely on the animals, a UK-based charity said today. It is driven by an increase in China’s production of ejiao – a product marketed as a health supplement that uses collagen from donkey skins – which [&helli...
Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 billion share capital and share premium threshold set by the Central Bank of Nigeria for banks with international licences, Proshare report has revealed. The report, titled ‘Tier 1 Banks Report: Getting Bigger, Braver, and Dominant – The Class of 2025’, [&helli...
•Mike Maignan Chelsea Football Club has reportedly pulled out of negotiations to sign AC Milan goalkeeper Mike Maignan, with the deal collapsing over a valuation dispute, according to transfer expert Fabrizio Romano. The Premier League side today were unwilling to meet Milan’s asking price, which reportedly included a premium tied to the upcom...
•Indigenous People of Biafra (IPOB) The Southeast region lost more than ₦7.6 trillion to its sit-at-home protests in the first two years of the crisis. A new report by SBM Intelligence titled ‘Four Years of Disruption: Unmasking the Impact of IPOB’s Sit-at-Home Order in Southeast Nigeria’, released today, the amount represented about 50-70 per...
Subscribers may have continued to ration data usage as evidenced in the new statistics released by the Nigerian Communications Commission (NCC). April subscription statistics by the NCC showed that from attaining the 1,000,930.60 terabytes of data consumption as of the beginning of the year, it dropped to 893,054.80 terabytes in February, went...
•Late Herbert Wigwe, wife and son The United States National Transportation Safety Board has attributed the helicopter crash that killed former Access Holdings CEO, Herbert Wigwe, his wife, son, and three others to pilot error caused by spatial disorientation. The NTSB report, released today, further indicted the helicopter company, accusing i...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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