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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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Nigeria, Finland Sign MoU to Boost Digitalisation

KEY POINTS Nigeria and Finland sign a MoU to enhance digitalisation, innovation, cybersecurity, and...
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Troops arrest 18 suspected Boko Haram logistics suppliers in Borno

Troops in Borno arrest 18 suspected Boko Haram logistics suppliers, highlighting links between unemployment and support for insurgent operations.
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UN to vote on resolution declaring transatlantic slave trade ‘gravest crime against humanity’

UN General Assembly prepares to vote on a resolution declaring the transatlantic slave trade the gravest crime against humanity.
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Ozoro festival sparks outrage as police arrest 15 over alleged harassment, community denies rape claims

Police arrest 15 after Ozoro festival controversy as community denies rape claims, says youths hijacked event to harass women
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Plateau launches roadmap to end farmer-herder conflict as fresh attack kills two in Riyom

Plateau launches conflict resolution roadmap as gunmen kill two in Riyom, underscoring persistent farmer-herder violence and insecurity challenges
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Tinubu urged to probe journalist assault

SERAP has urged President Tinubu to order a probe into the alleged assault of a journalist in Niger State, calling for accountability and justice.
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Oyedele says tax reform must expand opportunity

Finance Minister Taiwo Oyedele says Nigeria's tax reforms will be judged by how fairly they expand opportunity, not by how much revenue they generate.
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IGP Disu redeploys senior police officers nationwide

IGP Olatunji Disu has ordered sweeping postings of senior police officers across Nigeria, covering AIGs and commissioners in state commands and headquarters departments.
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Nigeria needs $345 Million yearly to fix out-of-school crisis

Nigeria requires $345 million annually to address its out-of-school children crisis, Education Minister Tunji Alausa disclosed at a private sector breakfast in Lagos.
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Kalu tells EU investors to bring factories to Nigeria

Deputy Speaker Benjamin Kalu has called on European investors to shift from extractive trade to local manufacturing in Nigeria, pushing a near-shoring model to create jobs and cut migration.
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Niger Delta chamber targets $5bn investment drive, 500,000 jobs ahead of Port Harcourt summit

Niger Delta chamber targets $5bn investments and 500,000 jobs as region prepares for major economic summit in Port Harcourt
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Nigeria’s Top Manufacturing Body Pushes Africa to Add Value to Raw Materials, Not Just Export Them

Nigeria's Manufacturers Association calls on Africa to build industrial capacity through value addition rather than exporting unprocessed raw materials.
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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.