HomeNews

News

News

London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six bribery-related charges after a five-month trial. Prosecutors alleged she received luxury benefits from oil industry figures, but she consistently denied any wrongdoing. The verdict brings to an end an 11-year...
Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.

Keep exploring

News

Akpabio Raises Alarm Over Alleged Killing Of Nigerian Surgeon In South Africa

KEY POINTS Senate President Godswill Akpabio condemned the alleged killing of a Nigerian surgeon...
News

FG bars non-PhD varsities from honorary doctorates

Education Minister Tunji Alausa unveiled new rules barring non-PhD universities from awarding honorary doctorates and requiring NUC clearance for every recipient ahead of conferment.
News

Umahi awards N545bn Carter Bridge rebuild to CCECC

Works Minister David Umahi handed the N545 billion Carter Bridge reconstruction contract to CCECC and ordered an emergency closure of one Eko Bridge carriageway.
News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
News

Ovia Steps Down as Zenith Bank Chairman After 12 Years

KEY POINTS Jim Ovia retired as chairman of Zenith Bank after completing the mandatory...
News

African nations threaten retaliation over S’Africa attacks

African nations including Tanzania, Botswana and Nigeria are threatening retaliatory action against South Africa over a fresh wave of xenophobic attacks targeting foreign nationals.
News

Gunmen Abduct Two IBEDC Workers in Ogun

KEY POINTS Two IBEDC workers were abducted by gunmen while on duty in Ogun...
News

NYSC Member, Three Others Killed in Bandit Attack on Katsina Highway

KEY POINTS Four people, including an NYSC member, were killed in a bandit attack...
News

Boko Haram Agrees to Release 50 Hostages Amid Fears for Hundreds Still Held

KEY POINTS A faction of Boko Haram agreed to release 50 women and children...
News

Police Launch Search for Abducted 17-Year-Old FUTO Student

KEY POINTS A 17-year-old student of Federal University of Technology Owerri was abducted in...
News

Ayeni Remanded in Kuje Over Alleged N8bn Money Laundering Case

KEY POINTS Tunde Ayeni has been remanded in Kuje prison after pleading not guilty...
Load more

Latest articles

News

London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six...
Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
News

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.
News

FG moves to end open grazing, identifies 470 gazetted reserves

The Federal Government has identified 470 gazetted grazing reserves to resettle pastoralists and end open grazing and the roaming of cattle across Nigeria's cities.