Nigeria's manufacturing sector faces a severe crisis as over 50 firms shut down, leading to massive job losses. Industry leaders urge government intervention to prevent further economic decline.
Barbican Capital Limited files a lawsuit against First Bank of Nigeria, accusing the bank of misrepresenting its shareholding, causing financial and reputational damage.
The anticipated FX subsidy cash windfall to state governors in Nigeria has failed to alleviate economic hardships, sparking concerns over governance and transparency.
The Nigerian Police Force has clarified that the operation at the NLC Secretariat targeted a foreign crime suspect, not the labor union, emphasizing a lawful and focused action.