Nexus Today

Anambra Government and Peter Obi Clash Over Inherited Debts, External Liabilities, and ₦2.13bn Ecological Fund

The Anambra State Government and former Governor Peter Obi have traded fierce accusations regarding the state's financial legacy, with the state releasing bank records disputing Obi's claims about a ₦2.13 billion ecological fund and detailing outstanding external liabilities.

Veteran Nollywood Icon Olu Jacobs Passes Away at 84

Legendary Nollywood actor Oludotun Baiyewu Jacobs (MFR), widely celebrated as the godfather of Nigerian cinema and "The Lion of Lufodo," has died at the age of 84.

Why Lagos Land Reclamation Fails to Solve Affordability, According to Urban Planners

While Lagos scaling land reclamation expands raw surface space under intense urban pressure, sector experts caution that high stabilization and infrastructure costs dictate luxury or commercial rather than affordable residential outcomes.

India Pushes for Increased Nigerian Crude Following Shettima–Modi Talks at BRICS Summit

India is ramping up pressure for expanded crude imports from Nigeria following high-level bilateral trade pledges between Vice President Kashim Shettima and Indian Prime Minister Narendra Modi on the sidelines of the New Delhi BRICS Summit.

FG Sets Hard September 18 Deadline for MDA 2027 Budget Submissions Amid Establishment Act Crackdown

The Federal Government has enforced a strict September 18 submission deadline for MDA 2027 budget proposals, tying portal closure directly to mandatory establishment Act verification.

Dangote Petroleum Refinery Opens Record-Breaking ₦2.15Tn IPO on NGX, Fortune Reaches $51.3Bn

The Dangote Petroleum Refinery and Petrochemicals (DPRP) has officially launched its landmark ₦2.15 trillion IPO on the Nigerian Exchange (NGX), seeing initial investor demand push Aliko Dangote’s net worth to $51.3 billion.

REDAN Breaks Ground on 2,400-Unit Smart Estate in Abuja, Tackling 14.9m Deficit

The Real Estate Developers Association of Nigeria (REDAN) has broken ground on The Embassy, a 2,400-unit solar-powered smart estate in Abuja’s Wuse/Wasa district, aimed at scaling private-sector delivery against national housing gaps.

Port Harcourt Opens 3-Day Niger Delta Investment Summit Targeting $50bn in Commitments

The Niger Delta Economic and Investment Summit (NDEIS) officially opened in Port Harcourt, targeting up to $50 billion in regional capital commitments across 30 deal-room projects spanning the blue economy, energy transition, and special economic zones.

Rema Drops Genre-Blending Single ‘Oh No’ as Rave & Roses Crosses 200 Chart Weeks

Mavin Records star Rema has expanded his global footprint with the release of his second solo track of the year, Oh No, produced by Rvssian, arriving just as his debut album hits a milestone 200 weeks on the Billboard World Albums chart.