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Nigerian bankers Jim Ovia and Tony Elumelu were pushed out over insider loans, central bank source says

A central bank source says Zenith founder Jim Ovia and UBA’s Tony Elumelu were pushed out over insider loans, some tied to Ovia’s luxury towers.
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Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

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NDLEA Nabs Drug Suspects at Enugu, Abuja Airports

KEY POINTS NDLEA arrested a suspect who excreted cocaine at Enugu airport and an...
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Nurse Group Demands Justice Over Murder Of Imo Student Nurse

KEY POINTS A nurses’ group condemned the alleged rape and murder of Imo student...
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Bandits Invade Kwara Community, Burn Emir’s Palace, Abduct Residents

KEY POINTS Suspected bandits attacked Yashikira community in Kwara, abducting residents and burning parts...
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Gani Adams vows to end Yorubaland kidnappings

Aare Ona Kakanfo Gani Adams says he can sharply cut insecurity in Yorubaland within six months if South West governors grant him permission to act.
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NEMA repatriates 497 Nigerian returnees from Niger

NEMA has repatriated 497 Nigerian returnees stranded in Niger Republic, most of whom had set out for Libya before turning back from the perilous desert route.
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Civil service heads, CIPM vow to modernize public service

Nigeria's civil service leaders and HR regulator CIPM have pledged to modernize the public service, betting on professionalism, technology and institutional reform to improve service delivery.
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Teacher Killed in Oyo School Attack Laid to Rest Amid Ongoing Rescue Efforts

KEY POINTS Joel Adesiyan, a teacher killed during the Oyo school attack, was buried...
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Ogun Hunters Warn of Planned School Kidnappings, Ask Government for More Security Support

KEY POINTS Hunters in Ogun State raised alarm over alleged threats by kidnappers to...
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Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...
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Lagos Judiciary Mourns as Justice Josephine Oyefeso Dies at 65

KEY POINTS Lagos State High Court judge Josephine Efunkumbi Oyefeso has died at the...
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APC Postpones Kwara Governorship Primary as Consensus Emerges for Seriki

KEY POINTS APC in Kwara State postponed its governorship primary from Thursday to Friday,...
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Tinubu names Segun Aina as new JAMB registrar

President Tinubu has appointed Professor Segun Aina, 39, as the new JAMB registrar, succeeding Ishaq Oloyede and set to become the youngest in the board's history.
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Business

Nigerian bankers Jim Ovia and Tony Elumelu were pushed out over insider loans, central bank source says

A central bank source says Zenith founder Jim Ovia and UBA’s Tony Elumelu were pushed out over insider loans, some tied to Ovia’s luxury towers.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.
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Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.