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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...
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...

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Business

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.
Business

Lagos Market Traders Struggle Without Amenities: A Call for Change

Approximately 2,000 women who trade in Mushin and Oyingbo markets, Lagos State’s bustling commercial...
Business

Morocco, South Africa, Egypt Dwarf Nigeria’s $210M Auto Industry

Nigeria’s $210 million automotive industry struggles due to low demand and reliance on imported cars.
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
Business

Dangote-NNPC Dispute Hurts Nigeria’s Global Image, Adesina Warns

Adesina warns the Dangote-NNPC dispute harms Nigeria's global image and investment climate, stressing the importance of supporting local industries for economic growth.
Business

UAE Denies $10k Bank Balance, N640k Fee for Nigerian Visa Applicants

UAE denies $10,000 bank balance and N640,000 fee for Nigerian visa applicants, clarifying actual requirements and easing travel concerns.
Business

9mobile Ushers in New Era, Appoints Obafemi Banigbe as CEO

Obafemi Banigbe takes the helm as 9mobile's CEO, pledging to drive innovation and growth in the Nigerian telecoms operations.
Business

Kaduna Electric Raises Band A Electricity Tariffs to N209.5/KWh

Kaduna Electric raises Band A electricity rates, prompting discussions and protests over energy costs in Nigeria.
Business

Dangote Criticizes CBN High Interest Rates, Calls for Policy Reforms

Aliko Dangote addresses stifling interest rates and the need for supportive policies to boost Nigeria’s manufacturing and economic potential.
Business

Court Rejects Nnamdi Kanu’s Human Rights Suit Against FG

Court dismisses Nnamdi Kanu’s N1 billion human rights suit, finding no sufficient evidence of rights violations by the DSS or the Nigerian government.
Business

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.
Business

NNPC’s Crude Supply Challenges Affect Dangote Refinery Project

NNPC faces scrutiny over failing to fulfill crude supply commitments to Dangote Refinery, sparking tensions with IOCs.
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News

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...
News

Travellers Accuse JTF Operatives of Extortion, Harassment in Imo

KEY POINTS Travellers accuse JTF personnel in Imo of extortion, phone searches, harassment and...
Politics

Adeleke Meets Tinubu, Presents Certificate of Return After Osun Victory

KEY POINTS Ademola Adeleke presented his Certificate of Return to President Bola Tinubu after...
News

23-Year-Old Boko Haram Fighter Surrenders to Nigerian Troops

KEY POINTS 23-year-old suspected Boko Haram fighter Ali Saidiq surrendered to troops in Borno...