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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7, 2026. A prosecution witness testified about dollar transactions and admitted gaps in earlier statements. Discrepancies in evidence emerged, while the court allowed additional exhibits despite defence objections. Justice Emeka Nwite of...

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and $30m fraud. Funds obtained from Polaris Bank were reportedly diverted from intended projects. About 12 linked companies are under investigation, with charges expected soon. The Economic and Financial Crimes Commission has...

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Telcos Warn of Service Cuts as NCC Blocks Price Hikes

Telecom companies threaten service cuts over soaring costs, but NCC stands firm against approving price hikes, sparking industry tension.

OPEC Challenges Tinubu’s Claim of 1.6 Million Barrels Per Day Oil Output

OPEC challenges Nigerian President Tinubu's claim of increased oil production, highlighting differences in reported figures.

Council of State Backs Tinubu Amidst National Tensions

The Nigerian Council of State has unanimously passed a vote of confidence in President Bola Tinubu's administration, amid national protests and growing tensions. The Council emphasized that any change in government must occur through democratic means, not insurrection.

MTN and Airtel Make a Strong Comeback

MTN Nigeria and Airtel Africa, two of Nigeria's leading telecommunications companies, are charting a...

VP Shettima: North Has No Business with Poverty

VP Shettima calls for unity and action to eliminate poverty in the North, emphasizing resources and leadership.

Atiku Slams Tinubu Administration for Failing to Address Nigeria’s Crisis

Atiku criticizes Tinubu's government for lacking preparedness and failing to tackle Nigeria's economic and security challenges.

Nigerian Youth Will Propel Nation to Global Prosperity, Says President Tinubu

President Tinubu praises Nigerian youth for their innovation, emphasizing their role in driving digital growth and national prosperity.

Over 50 Nigerian Firms Shut Down Amid Economic Turmoil

Nigeria's manufacturing sector faces a severe crisis as over 50 firms shut down, leading to massive job losses. Industry leaders urge government intervention to prevent further economic decline.

Protest Leader Deji Adeyanju Secures Release of 26 Protesters and Journalists

Deji Adeyanju secures the release of 26 detained protesters and journalists after nationwide protests, urging the release of all others still held.

Barbican Capital Sues First Bank Over Alleged Shareholding

Barbican Capital Limited files a lawsuit against First Bank of Nigeria, accusing the bank of misrepresenting its shareholding, causing financial and reputational damage.

Stop the Handouts: Why Nigeria Needs Real Economic Solutions, Not Quick Fixes

Nigeria's reliance on short-term handouts is hurting its future. Real economic reforms are needed to empower the nation.

Nigeria’s Financial Crisis Deepens as Foreign, Local Customers Default on Electricity Debt

Nigeria faces deeper financial troubles as international and domestic customers fail to pay millions in overdue electricity bills.

Latest articles

Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7,...

EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and...

Gunmen Storm Benue Palace, Kill Traditional Ruler, Family and Two Others

KEY POINTS Gunmen killed a traditional ruler, his wife, son, and two others in...

Kidnapped Lagos Woman Freed After Family Pays $17,500 Ransom

KEY POINTS A Lagos woman was kidnapped from her home in a late-night attack...