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Mamman jailed 75 years for N33.8bn power fraud, sentenced in absentia

The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.
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Abuja Residents Protest Alleged Takeover Of Jabi Lake Park

KEY POINTS Abuja residents and activists protested the alleged takeover of Jabi Lake Park by the FCT administration. Protesters issued a one-week ultimatum demanding the removal of structures allegedly encroaching on the park. Demonstrators say the park supports recreation, mental health, small businesses, and...

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Business

Cosgrove Founder Gifts Staff ₦4 Billion Properties in Reward

Cosgrove Investment Limited founder Umar Abdullahi approved ₦4bn worth of company properties as gifts to staff, a rare employee reward that drew attention across Nigeria’s business community.
Business

Nigeria Petrol Supply Rises Despite Dangote Refinery Falling Short

Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.
Business

Former Governor Abdulaziz Yari Named Chairman of Geregu Power Following Otedola’s Exit

KEY POINTS Billionaire Femi Otedola has resigned as chairman of Geregu Power Plc after...
Business

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.
Business

Nigeria Assures Investors About Market After US Backed Strike

Nigeria’s finance minister says a joint security operation with the United States will strengthen stability, reassure investors and support continued economic growth.
Business

Air Peace To Shift Regional Flights To Daytime Operations In 2026

Air Peace plans to move regional flights to daytime operations and expand Africa routes by early 2026 to improve connectivity and passenger convenience.
Business

Anthony Joshua’s Payday Brings Massive Tax hit after Miami Fight

Anthony Joshua’s biggest fight payday delivered global headlines and a huge tax bill, cutting deep into his earnings from the Miami bout.
Business

Motorists Urge Dangote Refinery to Expand Cheap Petrol Outlets

Drivers in Abuja urge Dangote Refinery to expand affordable petrol outlets after limited MRS stations hinder access to N739 per litre fuel.
Business

Alakija Gives $23 Million Teaching Hospital to Osun University

Folorunso Alakija says the $23 million teaching hospital she donated to Osun State University is a long-term investment in healthcare and medical education.
Business

Zenith Bank Rally Lifts Jim Ovia’s Stake by $13 Million

A fresh rally in Zenith Bank shares has added more than $13 million to Jim Ovia’s stake, underlining renewed confidence in Nigeria’s banking sector.
Business

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.
Business

Flutterwave CEO Signals Path to Profit After Cost Reset

KEY POINTS Flutterwave profitability is now in sight after cost cuts and margin gains. ...
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Politics

Mamman jailed 75 years for N33.8bn power fraud, sentenced in absentia

The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.
News

Abuja Residents Protest Alleged Takeover Of Jabi Lake Park

KEY POINTS Abuja residents and activists protested the alleged takeover of Jabi Lake Park...
News

Activist Wong Box Petitions IGP, PSC Over Alleged Police Misconduct in Delta

KEY POINTS Activist Victor Ojei, popularly known as Wong Box, petitioned the IGP and...
News

Boko Haram Faction Beheads Captives After Failed Escape Attempt In Borno

KEY POINTS Boko Haram fighters reportedly beheaded more than seven captives after a failed...