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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.

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Business

John Dale and Lawrence Oyor Launch KwikPort to Expand African Access to Global Trade

Entrepreneurs John Dale and Lawrence Oyor launch KwikPort to help African exporters access verified international demand and simplify logistics in Nigeria’s non oil trade
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Tinubu Swears in Tunji Disu as New Inspector-General of Police

KEY POINTS President Bola Tinubu has sworn in Olatunji Disu as Nigeria’s new Inspector-General...
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Tinubu Suspends Airport Cashless Payments After Gridlock Leaves Travellers Stranded

KEY POINTS Tinubu suspended the airport cashless payment system after gridlock at Lagos and...
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Yelwata Massacre Trial Stalled Again as Court Adjourns Proceedings To March 9

KEY POINTS The Federal High Court in Abuja has adjourned the trial of nine...
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No Country Has Achieved Full Legal Equality for Women, UN Report Warns

No country has achieved full legal equality for women, a new UN report warns, as gender-based violence surges worldwide.
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Governor Otti Rebuilds Abia’s Deadly Omenuko Bridge After Decades of Fatal Crashes and Broken Promises

Governor Otti has commissioned the rebuilt Omenuko Bridge in Abia, ending decades of deadly crashes and broken government promises.
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New IGP Disu Flags Middle East Risk After Swearing-In

Tunji Disu took the oath as Nigeria's 23rd Inspector-General of Police on Wednesday and immediately flagged Middle East tensions as a domestic security concern.
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Nigeria Metering Rate Hits 57 Percent But Millions Still Waiting

Nigeria's electricity firms installed 677,942 meters in 2025, pushing the national metering rate to 57.27 percent, but roughly 5.2 million customers still have no meter.
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NIPCO Gas Builds 20 CNG Stations in Nigeria Expansion

NIPCO Gas Limited is building 20 new compressed natural gas stations across Nigeria and laying an 80-kilometre pipeline from Sagamu to Ibadan, due by mid-2026.
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El-Rufai Refuses to Answer ICPC Questions, Says Corruption Probe Is Political Persecution

El-Rufai has refused to answer ICPC questions in custody, calling the corruption probe political persecution targeting opposition leaders.
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FEC Approves Carter Bridge Demolition, Reconstruction

Nigeria's Federal Executive Council has approved the demolition and full reconstruction of Carter Bridge in Lagos, ending years of debate over the structure's fate.
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Keyamo Gives N21.68bn NAMA Deal to Nasiru Danu’s Firm

Nigeria's aviation minister quietly handed a N21.68 billion government contract to a company linked to Nasiru Danu, a contractor with a long record of fraud allegations.
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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.