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London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six bribery-related charges after a five-month trial. Prosecutors alleged she received luxury benefits from oil industry figures, but she consistently denied any wrongdoing. The verdict brings to an end an 11-year...
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Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.

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David Mark-Led ADC Rejects INEC Decision on Leadership Dispute

KEY POINTS The David Mark-led ADC rejected INEC’s interpretation of an appeal court ruling,...
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World Bank approves $500m for Nigeria smallholder farmers

The World Bank has approved $500 million in Nigeria agriculture funding through its International Development Association arm, backing the AGROW project to boost smallholder productivity, strengthen market linkages and improve food security.
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Detained Nigeria coup officers’ families protest at NASS

Scores of children and wives of military officers detained over an alleged Nigeria coup plot staged a peaceful protest at the National Assembly on Wednesday, demanding a speedy trial or the release of their loved ones.
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CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.
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Nigeria pension industry forms consortium to fund infrastructure

Nigeria's pension industry is forming an investment consortium to unlock pension infrastructure investment at national scale, PenCom Director General Omolola Oloworaran announced Wednesday in Lagos.
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Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
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Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
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Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.
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OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.
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Bauchi Governor Bala Mohammed Signals Possible Exit from PDP

KEY POINTS Bauchi Governor Bala Mohammed says he may leave the PDP, describing the...
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Senate Approves Tinubu’s $6bn External Loan Request Within Hours

KEY POINTS The Senate approved President Tinubu’s $6 billion external loan request within three...
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El-Rufai Returns to Kaduna Court After Mother’s Burial as Bail Hearing Resumes

KEY POINTS Nasir El-Rufai returned to the Kaduna State High Court after being temporarily...
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London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six...
Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
News

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.
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FG moves to end open grazing, identifies 470 gazetted reserves

The Federal Government has identified 470 gazetted grazing reserves to resettle pastoralists and end open grazing and the roaming of cattle across Nigeria's cities.