HomeNews

News

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...

Keep exploring

Nigerian Football Faces Crisis: Super Eagles Seek New Coach

Nigerian football faces a crisis as the Super Eagles seek a new coach after Finidi George's resignation, sparking debate over foreign versus local coaching.

Nigerians Turn to Cucumber, Cayenne Pepper as Tomato Prices Soar

Soaring tomato prices in Nigeria are driving consumers to use cucumbers and cayenne pepper as substitutes, showcasing culinary adaptability amidst economic challenges.

Buhari Administration Shielded Ex-Governor Over Offshore Assets

Okoi Obono-Obla alleges that the Buhari administration protected a former governor from prosecution over $200 million in offshore assets.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

Resilient Nigerians Defy Tough Times with Stunning Creativity

Despite facing economic challenges, Nigerians are displaying resilience and creativity, transforming adversity into opportunity across various sectors like arts, tech, and agriculture.

Tenure of FCT Area Council Chairmen, Councillors Set to Expire in June 2026

The tenure of chairmen and councillors in the FCT area councils is set to expire in June 2026, clarified by INEC under the new Electoral Act 2022.

NNPC’s Crude Supply Challenges Affect Dangote Refinery Project

NNPC faces scrutiny over failing to fulfill crude supply commitments to Dangote Refinery, sparking tensions with IOCs.

Fully Booked Flights, But No Planes to Fly

Nigeria's aviation sector is in crisis, with fully booked flights but a severe shortage of planes due to maintenance and regulatory challenges, leaving passengers stranded.

Dogara: Nigeria Can Generate N16.2 Trillion Annually from Palm Oil

Yakubu Dogara highlights Nigeria's potential to generate N16.2 trillion annually from palm oil production, urging government investment.

Senate Open to Approving New Presidential Jet Purchase

The Nigerian Senate is ready to approve the purchase of a new presidential jet if President Bola Tinubu requests it, emphasizing their commitment to responsible governance.

Tinubu Supports NDLEA in Drug Fight, Highlights Prevention Efforts

President Tinubu supports NDLEA's drug fight, emphasizing prevention. NDLEA reports 52,901 arrests and 9,000 convictions as progress in combating drug abuse.

El-Rufai Sues Kaduna Assembly Over Corruption Accusations

Ex-Governor El-Rufai takes legal action against the Kaduna Assembly, disputing allegations of financial mismanagement during his tenure.

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...