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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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Fintiri Imposes 24-Hour Curfew on Lamurde LGA Over Renewed Communal Violence

  KEY POINTS Adamawa Governor Ahmadu Fintiri imposed a 24-hour curfew on Lamurde LGA following...
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Dangote Tops Forbes 2026 Africa Billionaires List as Rabiu’s Wealth Jumps 120 Percent

Aliko Dangote topped the Forbes 2026 Africa Billionaires list with $28.5 billion as Nigeria placed four businessmen among the continent's wealthiest.
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Petrol Hits N1,300 Per Litre in Nigeria as Middle East War Drives Crude Oil to $110 Per Barrel

Petrol prices surged to N1,300 per litre across Nigeria as the Middle East war pushed global crude oil prices to $110 per barrel.
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Court Shuts Down Ondo Governor’s Bid to Block Eligibility Lawsuit

The Court of Appeal dismissed Ondo Governor Lucky Aiyedatiwa's appeal, allowing a lawsuit over his re-election eligibility to move forward.
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Court Clears ICPC to Probe Alleged N350 Million Contract Scandal, Dismisses Businessman’s Lawsuit

A Federal High Court in Abuja dismissed a suit seeking to block ICPC from investigating an alleged N350 million contract scandal.
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Tinubu Says Terrorists Are Desperate Because Nigeria Is Winning

President Tinubu declared terrorists are desperate and losing ground as Nigeria's military keeps up sustained pressure across the country.
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Boko Haram Kills Nigerian Army Lt. Colonel, Overruns Two Military Bases in Borno and Yobe

Coordinated Boko Haram and ISWAP attacks on military bases in Borno and Yobe left a commanding officer and scores of Nigerian soldiers dead.
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Peter Obi, Victor Umeh, Ben Obi register with ADC

KEY POINTS Peter Obi, Victor Umeh and Ben Obi have officially registered with the...
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IGP Appoints DCP Anthony Placid as New Police Spokesperson

KEY POINTS Inspector-General of Police Olatunji Disu has appointed Deputy Commissioner of Police Anthony...
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Showunmi Criticises Al Jazeera Interview with Tinubu Aide Bwala

KEY POINTS PDP chieftain Segun Showunmi criticised an Al Jazeera interview between Mehdi Hassan...
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FG Commends Zulum as 3,000 Borno TVET Trainees Graduate

About 3,000 Borno State trainees have graduated from nine vocational institutes, earning federal government praise and N100,000 entrepreneurship grants apiece to launch productive careers.
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Dangote Refinery Hikes PMS Price Amid Middle East Crisis

Dangote Refinery has raised its ex-depot petrol price by N100 per litre, citing a 26 percent surge in Brent crude prices from the Middle East conflict, while absorbing a fifth of the cost increase itself.
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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.