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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.
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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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Aiyedatiwa Denies Role in APC Secretariat Attack

KEY POINTS Governor Aiyedatiwa denied ordering an attack on APC leaders, saying he was...
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Unexplained Salary Cuts Stir Unrest in Federal Civil Service

Unexplained salary reductions and unpaid allowances spark tension in Nigeria’s Federal Civil Service, raising concerns over possible industrial unrest.
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Governor Uba Sani Frees Over 90 Kaduna Inmates

KEY POINTS Governor Uba Sani paid fines and compensation to secure freedom for over...
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Tinubu Signs New Electoral Law to Prepare Nigeria for 2027 Elections

KEY POINTS Tinubu has signed the Electoral Act 2026 Amendment Bill into law to...
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Violence Erupts at APC Congress in Ondo, Two Dead and Several Injured

KEY POINTS Two people were killed and five injured after violence broke out during...
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Gas Leak at Plateau Mining Site Leaves 37 Dead

KEY POINTS 37 miners are feared dead after suspected toxic gas exposure at a...
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CJN Warns Against Corruption Blanket Allegations

CJN cautions against blanket corruption allegations, insisting claims must be evidence-based as 14 new Federal High Court judges take oath.
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Senate Revises Election Law Timeline to Avoid Ramadan Clash Ahead of 2027 Polls

KEY POINTS The Senate reduced election notice requirements from 360 days to 300 days...
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Baba-Ahmed Urges Legal Probe Into El-Rufai–Ribadu Allegations

KEY POINTS Baba-Ahmed says allegations against El-Rufai and counter-claims involving Ribadu should be tested...
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Opposition Lawmakers Walk Out of Reps Plenary Over Manual Result Collation Clause in Electoral Bill

KEY POINTS Opposition lawmakers exited plenary after their demand to eliminate manual result collation...
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Senate Passes New Electoral Act After Heated Debate Over Electronic Result Transmission

KEY POINTS The Senate passed the 2026 Electoral Act amendment after a heated session...
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Six Killed, Two Injured After Tanker Brake Failure Causes Tragedy in Ogun

KEY POINTS A tanker brake failure caused a multi-vehicle crash in Ota, killing six...
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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.