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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
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Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.

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Lagos orders filling stations and banks to open toilets to public

Lagos has deployed 1,710 public toilets and is now directing filling stations, banks and eateries to open their restrooms to the public to end open defecation.
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JAMB releases 2026 UTME results, warns on fraud

JAMB has released 2026 UTME results for 632,788 candidates who sat Thursday's exam, warning against score manipulation as arrests are already underway.
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Jilli airstrike resident says he lost six brothers as over 100 bodies recovered and buried

A Jilli community resident says he lost six brothers in the military airstrike and that over 100 bodies recovered from the market have already been buried.
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Nigerians furious as government reintegrates 744 repentant terrorists: ‘Help victims before helping killers’

Nigeria's reintegration of 744 former Boko Haram fighters has triggered a furious backlash from victims, retired officers and lawyers who say justice has been abandoned.
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Gunmen Kidnap 14 UTME Candidates in Benue Bus Ambush

KEY POINTS Gunmen Ambush Bus Carrying UTME Candidates Driver Arrested for Violating Travel Policy ...
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Police Foil Planned Bomb Attack in Akure

KEY POINTS Police foiled a planned bomb attack in Akure, arresting six suspects before...
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Ogun Moves to Prosecute Truck Driver in Fatal Crash Involving Associates of Anthony Joshua

  KEY POINTS Ogun State will prosecute both the truck driver and SUV driver over...
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Court Orders Arrest of Ex-Minister Sadiya Umar Farouq Over Alleged N1.3bn Fraud

KEY POINTS A court in Abuja issued an arrest warrant for former minister Sadiya...
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Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.
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Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.
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Twin brother’s midnight call went silent as Boko Haram killed Brig. Gen. Braimah in Benishiekh

Brig. Gen. Oseni Braimah was speaking with his twin brother in the United Kingdom when Boko Haram struck the Benishiekh base, cutting the call dead.
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IMF warns Nigerians of tougher times ahead as food, transport costs climb and debt rises

The IMF warned Nigerians face tougher near-term conditions from rising food and transport costs, even as the country's oil grades trade above $113 per barrel.
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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
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Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.