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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.

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’s Finance Ministry Says Capital Projects Are Running

Nigeria's Finance Ministry has pushed back against claims that capital projects are stalling, citing N11.7 trillion in 2025 capital spending and rising federal revenue as evidence of fiscal correction, not collapse.

Jimoh Ibrahim Named Nigeria’s UN Rep Despite Collapsed Firms

President Tinubu has appointed Senator Jimoh Ibrahim as Nigeria's Permanent Representative to the United Nations, even as a N69.4 billion court judgment against him remains unsettled and hundreds of former workers await wages courts awarded years ago.

Dangote Pledges $5M at Dubai Auction for Kids

Aliko Dangote pledged $5 million at a Dubai charity auction that raised $24.9 million in one night to feed five million children.

Nigerian Food Vendors Are Secretly Dyeing Unripe Tomatoes Red to Cut Costs

Nigeria's cost of living crisis has pushed local food vendors to dye unripe tomatoes red and serve them to unsuspecting customers.

Terror, Lithium and Bribes: The Illegal Mining Empire Thriving Inside Nigeria’s Deadliest Zone

While terrorists massacred over 100 people in Kaiama, illegal miners were hauling lithium ore out in trucks, protected by bribed security officials.

Ex-Senate Minority Leader Says Northern Nigeria Is Tearing the Country Apart

At 85, former Senate Minority Leader Prof. Daniel Saror says northern insecurity, religious extremism and weak leadership are tearing Nigeria apart.

Nigeria Blew €2.3 Billion on Electricity. The Lights Are Still Out

Five years, €2.3 billion, and a bold promise of 25,000 megawatts. Nigeria's flagship electricity project has collapsed without coming close.

Dangote Sugar Cuts Losses 73 percent, Revenue Hits $432.6M

Dangote Sugar narrowed its net loss by 73 percent and grew revenue 51 percent in 2025, as easing forex costs and a new management team gave Nigeria's largest sugar refiner its clearest recovery signal yet.

Army, NSCDC Renew Katsina Security Pact After Command Visit

The Nigerian Army's 17th Brigade and the NSCDC Katsina Command have recommitted to joint security operations as the brigade's new commander made his first formal visit to the corps' state headquarters.

75 Nigerians Lose Over N100 Million to Port Harcourt Doctor Who Promised Them Canada

Victims sold property, rented out their homes and borrowed heavily, paying up to N12 million each for Canadian visas that never existed.

Tinubu Approves Posting of 65 Ambassadors

KEY POINTS President Bola Tinubu has approved the posting of 65 ambassadors to Nigerian...

Kidnappers Kill Ebonyi Monarch, Father of Former Deputy Governor, a Day After Abduction

KEY POINTS Ezeogo Francis Igwe, father of former Ebonyi Deputy Governor Kelechi Igwe, was...

Latest articles

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.

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.

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.

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.