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Nigerian bankers Jim Ovia and Tony Elumelu were pushed out over insider loans, central bank source says

A central bank source says Zenith founder Jim Ovia and UBA’s Tony Elumelu were pushed out over insider loans, some tied to Ovia’s luxury towers.
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Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

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Kaduna governor Uba Sani says bandits are terrorists who must be eliminated

Kaduna Governor Uba Sani has declared that armed bandits responsible for killings and abductions are terrorists who must be eliminated without leniency.
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Kebbi government warns of new terror group ‘Sai Malam’ spreading across northwest

Kebbi State officials flagged a new terror group, Sai Malam, at a security meeting with the Inspector-General of Police in Birnin Kebbi on Wednesday.
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Senate Passes Bill to Establish State Police in Nigeria

KEY POINTS The Senate has passed a constitutional amendment bill creating a framework for...
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DSS Orders Probe Into Courtroom Scuffle After Sowore’s Remand

KEY POINTS DSS has launched an investigation into the altercation involving its operatives, Omoyele...
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Police Dismiss Viral Katsina Video, Say Armed Men Were Vigilantes

KEY POINTS Police have dismissed claims that officers were fraternising with armed bandits in...
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Akpabio Swears in Four New Senators After By-Election Victories

KEY POINTS Four senators—Danladi Envulu-Anza, Israel Asogwa, Olaka Nwogu and Dayo Faduyile—were sworn into...
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Kaduna Woman’s Husband Alleges Police Returned Her to Mob Before Lynching

KEY POINTS The husband of Ummulkhairi Muhammad alleges that a police officer returned his...
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Police Dismiss Helicopter Relocation Claim on Abducted Oyo Pupils

KEY POINTS Oyo Police have described as false a viral claim that abducted schoolchildren...
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Former Kebbi APC Chairman Reportedly Dies in Captivity

KEY POINTS Former APC chairman in Kebbi’s Koko/Besse LGA, Alhaji Muhammadu Mai Barga Besse,...
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Lagos Shuts Oshodi Market Over Alleged Attack on Sanitation Officials

KEY POINTS The Lagos State Government has shut down Oshodi Resettlement Market following an...
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Tinubu Sends State Police Bill to Senate

KEY POINTS • President Bola Tinubu has forwarded a constitutional amendment bill seeking the creation...
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Troops Kill Two Suspected ISWAP Spies at Nigeria-Cameroon Border

KEY POINTS • Troops of Operation Hadin Kai and the Civilian Joint Task Force killed...
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Business

Nigerian bankers Jim Ovia and Tony Elumelu were pushed out over insider loans, central bank source says

A central bank source says Zenith founder Jim Ovia and UBA’s Tony Elumelu were pushed out over insider loans, some tied to Ovia’s luxury towers.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.
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Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.