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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...
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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 Spent $10 Billion on Fuel Subsidy in 2022, Says Official 

Nigeria, the largest oil producer in Africa, has been subsidizing the petrol price for...
Business

South-East Summit in Owerri: A Push for Unity and Economic Progress

On September 28-29, the city of Owerri was abuzz with prominent political leaders from...
Business

Cement Makers in Nigeria Battle for Market Share with Price Cuts 

Nigeria’s cement industry is witnessing fierce competition among the major players as they try...
Business

Ajaokuta Steel Complex: Nigeria’s Industrial Dream Revived 

Nigeria’s long-awaited Ajaokuta Steel Complex is nearing completion, with the potential to generate $1.6...
Business

Top 10 Nigerian Firms with the Highest Net Worth in 2023

Nigeria’s leading companies have shown remarkable resilience and growth in the first half of...
Business

How Nigeria’s First Local Currency Infrastructure Fund Could Boost Economy

Nigeria has made history by listing the first local currency-denominated infrastructure investment trust fund...
Business

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...
News

VP Shettima: FG to Support Local Manufacturers with N75 Billion

Vice President Kashim Shettima stated that the federal government is committing N75 billion to...
Business

NCPC Praises First Lady Remi Tinubu for N500m Donation in Plateau State

The Nigeria Christian Pilgrim Commission's (NCPC) Executive Secretary, Reverend Yakubu Pam, has extended his...
Business

Nigeria Targets Economic Prosperity through Sustainable Policies – FG

Nigeria is actively working towards economic prosperity through the comprehensive execution of policies designed...
Business

Nigeria Open for Investment, Says President Bola Tinubu to Foreign Investors

President Bola Tinubu announced that Nigeria has removed barriers to investment and is now...
Business

Banks Grapple with N478bn in Bad Loans Amid Economic Strain

The economic downturn has taken its toll on banks, with four significant lenders reporting...
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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...
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...