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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
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Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the driver’s five-year-old son in an ambush along the Gundumi-Isa road in Sokoto State. Three other people were reportedly injured, while another passenger remained missing after the attack on Wednesday. The...

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Business

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.
Business

Roosevelt Ogbonna Buys $20 Million London Mansion

Roosevelt Ogbonna buys a $20 million Hampstead mansion, highlighting his growing global footprint beyond Access Bank’s expansion strategy.
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Nigeria to Tax Remote Workers, Influencers in 2026

Nigeria will tax income from remote workers, influencers, and imports starting January 2026 under sweeping new reforms, according to the presidential tax committee
Business

Otedola Denies Subsidy Fraud Links, Calls Allegations Baseless

Femi Otedola dismisses claims linking him to Nigeria’s fuel subsidy fraud, insisting Zenon Petroleum only traded diesel and that he helped expose the scheme.
Business

Oskar Ibru, Eldest Son of Ibru Dynasty Founder, Dies at 68

Oskar Ibru, chairman of the Ibru Organization, has died, leaving behind a legacy that shaped Nigeria’s economy across shipping, oil, and agriculture.
Business

Gabon’s Samuel Dossou-Aworet Deepens Bet on Nigeria’s Aradel

Oil mogul Samuel Dossou-Aworet has lifted his stake in Aradel Holdings to nearly 14%, reinforcing his $500 million Nigerian energy portfolio.
Business

Nigerian Business Leader Oskar Ibru Dies at 67

Nigerian businessman Oskar Ibru, eldest son of late tycoon Michael Ibru and chairman of the Ibru Organization, has died at 67.
Business

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
Business

Nigerian Energy Mogul Ahonsi Unuigbe Takes Helm At Marconi

Ahonsi Unuigbe, founder of Petralon Energy and chairman of NGX, has been named chairman of Marconi.NG EPC Limited, strengthening his footprint in Nigeria’s energy and financial markets.
Business

Abdul Samad Rabiu Fortune Rebounds By $500 Million

Abdul Samad Rabiu fortune rebounds by $500 million as BUA Foods shares rally, cementing his place as Nigeria’s richest stock market investor.
Business

14 Nigerian Banks Meet New CBN Capital Rules, Cardoso Says

CBN Governor Olayemi Cardoso says 14 Nigerian banks have now met new capital requirements, marking strong progress in the recapitalisation drive launched in March.
Business

Femi Otedola Warns Depot Owners as Refinery Reshapes Market

Femi Otedola backs Dangote Refinery and warns depot owners their model is outdated as Nigeria embraces fuel deregulation and local supply.
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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
News

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...
News

Atiku presses INEC to publish 103m voters’ register as 2027 nears

Atiku says INEC’s online display of its 103 million voter register was blank from Oct. 9 to 15, and wants the list published now.
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One Dead, Three Rescued in Lagos Building Collapse

KEY POINTS One person has died and three others have been injured after a...