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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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NCAA unveils online portal to streamline Nigeria’s drone permits

The Nigeria Civil Aviation Authority will launch its drone portal at DroneTecX 2026 in Lagos to digitize registration, certification and compliance for operators.
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Passenger Bus Crashes Under Bridge on Lokoja-Okene Highway

KEY POINTS A passenger bus travelling from Jos to Lagos crashed under a bridge...
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13 Killed in Fresh Midnight Attack on Plateau Community

KEY POINTS Suspected gunmen killed at least 13 people in a midnight attack on...
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Court Finds Former Power Minister Saleh Mamman Guilty in N33.8bn Fraud Case

KEY POINTS Former Power Minister Saleh Mamman was convicted on 12 counts of fraud...
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Tinubu Reassigns Fani-Kayode to South Africa After Germany Posting Controversy

KEY POINTS Femi Fani-Kayode has been reassigned from Germany to South Africa as Nigeria’s...
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Sokoto Meningitis Outbreak Claims 33 Children, Over 250 Suspected Cases Recorded

  KEY POINTS Sokoto State confirmed 33 child deaths and 256 suspected meningitis cases across...
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Army Confirms ISWAP Attack on Magumeri Base, Says Two Soldiers Were Killed

KEY POINTS The Nigerian Army confirmed that ISWAP fighters attacked the Magumeri military base...
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Outrage in Delta Community as Residents Accuse Police of Freeing Murder Suspect

KEY POINTS Residents of Ewulu community accused police of releasing a murder suspect linked...
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Windstorm Ravages Niger Communities, Destroys Over 1,000 Houses

KEY POINTS Over 1,000 houses were destroyed by a windstorm in Mokwa and Bida...
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Gunmen Abduct Six Nasarawa University Students After Attacking Off-Campus Lodge

KEY POINTS Six Nasarawa State University students were abducted after gunmen attacked an off-campus...
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Obasanjo: Charlie Boy’s care for parents won me over

Olusegun Obasanjo said Charlie Boy's devoted care for his late parents flipped his view of the entertainer's jaga-jaga style, in a Thursday podcast interview.
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Court reserves ruling on Malami’s forfeiture appeal bid

The Court of Appeal reserved ruling on former AGF Abubakar Malami's bid to challenge a Federal High Court order forfeiting 57 of his properties.
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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.