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Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office operating within the OSGF. Three permanent secretaries — M.S. Danjuma, Nadungu Gagare and Richard P. Pheelangwah — were suspended. ICPC says its wider investigation into fake agencies and government process...

August 22, 2026

News

Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and threats of violence at checkpoints. One traveller alleges officers tried to create a situation where he could be shot and labelled an IPOB or ESN member. Evidence cited in the...

August 22, 2026

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Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.

December 11, 2025

Business

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.

December 10, 2025

Business

Access Bank Acquires Standard Chartered Cameroon

Access Bank completes its takeover of Standard Chartered Cameroon, widening its regional network and driving stronger group performance across African markets.

December 9, 2025

Business

Nwanze Reflects on Crisis, Capital and the Future of African Energy

Sam Nwanze breaks down how Africapitalism, discipline, and financial innovation helped Heirs Energies navigate crises and chart a stronger future.

December 9, 2025

Business

Seplat Energy Boosts Output After Replacing Key Offshore Unit

Seplat Energy has completed a major inlet gas exchanger upgrade offshore Nigeria, boosting NGL output and strengthening its 2025 operational performance.

December 5, 2025

Business

NAFDAC Gains Full Membership in Global Drug Body

NAFDAC has secured full ICH membership, placing Nigeria among top global regulators and strengthening access to high-quality, safe and effective medicines.

December 5, 2025

Business

Starlink Global Rises as Key Player in Non-Oil Exports

Starlink Global export growth pushes Nigeria’s non-oil market forward as Adeniji Adeyemi expands cocoa operations into a $550 million export powerhouse.

December 4, 2025

Business

BUA Group Signs New Deal To Boost Rice Processing Capacity

BUA Group accelerates its food-sector growth with a new rice processing partnership, strengthening its expansion strategy across Nigeria’s manufacturing landscape.

December 4, 2025

Business

Court Pauses $111 Million Loan Case Involving Emeka Offor

A London court pauses the Emeka Offor loan dispute, giving Kaztec Engineering space to negotiate a path out of a $111 million debt clash.

December 3, 2025

Business

First HoldCo Partners With Microsoft to Advance Africa’s Innovation

The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.

December 3, 2025

Business

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.

December 3, 2025

Business

Ogbechie’s Eterna Stake Rebounds Above $20 Million

Eterna Plc shares have rebounded sharply on the Nigerian Exchange, lifting Chairman Gabriel Ogbechie’s stake back above $20 million after months of market losses.

December 2, 2025