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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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CBN to Reveal Owners of Dormant Accounts Annually

The CBN will publish the names of dormant account owners annually to enhance transparency and manage unclaimed balances effectively.

Police Defend Request for Protest Organizer Details Amid Security Concerns

Nigerian police defend their request for protest organizer details, citing security concerns and the need for effective communication to ensure public safety.

Nigeria Leads Top 10 African Universities with Best Teaching Skills

Nigeria leads with four universities in Africa's top 10 for teaching quality, emphasizing the role of education in development.

Buhari’s Men Block 9 Billion-Dollar Fraud Cases, Ex-Panel Chief Says

Former panel chairman Okoi Obono-Obla reveals how high-level officials blocked major fraud investigations during Buhari's administration.

Rising Cost of Malaria and Diabetes Treatments Strains Nigerians’ Wallets

The escalating costs of treating malaria and diabetes in Nigeria are straining citizens' wallets, especially for low-income families. Healthcare advocates call for urgent measures to address these rising costs

Police Warn of Foreign Mercenaries Plotting to Hijack Protests

Nigerian IGP Egbetokun warns of foreign mercenaries plotting to hijack planned protests, urging citizens to exercise caution and outlining steps for a peaceful demonstration.

Tinubu Meets with Governors, Traditional Rulers to Prevent August 1 Protest

President Tinubu meets with governors and traditional rulers to prevent the planned #EndBadGovernance protest, emphasizing dialogue and unity.

Nigeria Probes $10 Billion Oil Theft, Aims to Curb Illegal Activities

Nigeria's House of Representatives starts a probe into $10 billion oil theft, aiming to uncover root causes and combat illegal activities.

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

DSS Warns Against August 1 Protest, Identifies Sponsors

The DSS warns against the planned August 1 protest, citing potential for violence and identifying its sponsors. The agency urges peaceful engagement instead.

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.

Government Urges Patience Amid Protests, Pledges to Address Economic Issues

The Nigerian government appeals for patience and dialogue as nationwide protests loom, pledging to address the economic issues causing public discontent.

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...