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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.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.

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Senate Confirms Taiwo Oyedele as Minister of State for Finance

KEY POINTS The Nigerian Senate confirmed Taiwo Oyedele as Minister of State for Finance...
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Makoko Residents Reject Relocation Plan to Epe After Demolition

KEY POINTS Residents of Makoko, Oko-Agbon and Sogunro rejected the Lagos Assembly’s proposal to...
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Kano Governor Yusuf Removes Head of Service Abdullahi Musa

KEY POINTS Kano State Governor Abba Kabir Yusuf has removed Head of Service Abdullahi...
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Kwara Gives Garri Machines to Rural Women Farmers

Kwara State has handed over industrial garri processing machines to rural women in Owode Oja, fulfilling a promise Governor AbdulRazaq made in August 2025.
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Nigeria’s Debt Service Payments Drop 38 Percent in January

Nigeria's debt service payments fell 38.5 percent year-on-year to $405.3 million in January 2026, according to CBN data.
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UNILAG Rejects ASUU Strike, Says Exams Will Hold

UNILAG management rejected ASUU's strike action Wednesday and vowed semester exams would proceed despite lecturers walking out over unpaid salary components.
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Nigeria Suspends $300 Helicopter Fee for Oil Firms

Nigeria suspended its $300 helicopter landing fee on oil and gas operators for two months after industry stakeholders raised disruption concerns.
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Court Adjourns Trial of Former AGF Abubakar Malami to April 15

KEY POINTS A Federal High Court in Abuja adjourned the trial of former AGF...
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Rivers Senator Ipalibo Banigo Defects to APC, Blames PDP’s Internal Crisis

KEY POINTS Rivers West Senator Ipalibo Banigo has defected from the PDP to the...
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Controversy as Senator Natasha Akpoti-Uduaghan is Omitted from Nigeria’s Delegation to UN Women Conference

KEY POINTS Senator Natasha Akpoti-Uduaghan was omitted from Nigeria’s Senate delegation to the 2026...
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NSDC, BOI Launch N10bn Nigeria Sugar Fund

NSDC and Bank of Industry launched a N10 billion Sugar Project Acceleration Fund to back viable greenfield sugar projects nationwide.
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Tinubu Orders 100,000 CNG Kits to Fight Fuel Crisis

President Tinubu ordered 100,000 CNG conversion kits deployed nationwide as the Middle East war pushes petrol prices higher across Nigeria.
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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.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.
Politics

Umahi Backs Tinubu’s 2027 Bid, Signs Nomination Form

KEY POINTS David Umahi endorsed Bola Ahmed Tinubu for a second term by signing...
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Ovia Steps Down as Zenith Bank Chairman After 12 Years

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