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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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Anambra Police Arrest Officer Over Viral Threat to Shoot Anyone Recording Him on Duty

KEY POINTS The Anambra Police Command arrested ASP Newton Isokpehi after a viral video...
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Military Says Oyo School Kidnappers Are Displaced Terrorists Fleeing Nationwide Operations

KEY POINTS The Defence Headquarters says the kidnappers behind the Oyo school attack are...
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Activist Justice Crack Regains Freedom After Weeks in DSS Detention

KEY POINTS Activist Justice Mark Chidiebere, popularly known as Justice Crack, has been released...
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Residents Raise Alarm as Refuse Heaps Overrun Yenagoa Streets

  KEY POINTS Residents of Yenagoa are protesting worsening environmental conditions caused by heaps of...
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FG unveils net-zero plan, targets 2060 neutrality

Nigeria's government has launched a net-zero plan targeting carbon neutrality by 2060, backed by fresh German funding and tied directly to the country's long-term economic growth.
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NYSC tells corps members to save beyond allowance

NYSC chief Olakunle Nafiu has urged corps members to save and build extra income streams, warning that poor saving habits persist even on higher pay.
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African AI adoption too slow, PwC warns

PwC warns that African AI adoption is too slow to catch the global boom, with firms investing little and few scaling the technology beyond pilots.
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JAMB releases 279 withheld UTME results

JAMB has released 279 withheld UTME results after a malpractice review, and the board says investigations continue at several flagged exam centers nationwide.
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Peter Obi Cleared to Contest NDC Presidential Primary Ahead of 2027 Election

KEY POINTS Peter Obi was cleared by the NDC screening committee to contest its...
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Makinde Signs Executive Order to Regulate Private Security Groups in Oyo State

KEY POINTS Governor Seyi Makinde signed an executive order regulating security-related associations and groups...
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Police Confirm Abduction of Two CRIN Officials in Ibadan

KEY POINTS Oyo police dismissed viral reports of mass abductions in Ibadan, confirming only...
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Power Surge Triggers Fire Outbreak at Ilorin Housing Estate

KEY POINTS A fire outbreak caused by a suspected power surge damaged parts of...
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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.