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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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Nigeria’s Informal Workers Risk Old-Age Poverty, PenCom Warns

PenCom warns that Nigeria’s informal sector pension gap leaves millions facing retirement without savings, as new agents are deployed to expand pension coverage.
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Onitsha Main Market Reopens as IPOB Ends Sit-at-Home

Trading resumed cautiously at Onitsha Main Market after IPOB ended its sit-at-home order, but weak customer turnout highlighted lingering security fears.
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Ekiti Courts Adopt Digital Platform Allowing Judges Remote Work

Ekiti State courts adopt the Nigeria Case Management System, allowing judges and lawyers to manage cases remotely as Nigeria advances judicial digital reform.
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Kogi Shuts Markets, Motor Parks in Seven LGAs to Disrupt Terrorists’ Supply Lines

KEY POINTS Kogi State has temporarily closed markets and motor parks in seven LGAs...
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President Tinubu to Pay First Nigerian State Visit to UK in Nearly 40 Years

KEY POINTS President Bola Tinubu will make a state visit to the UK on...
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Senate Schedules Emergency Plenary as E-Transmission Debate Intensifies

KEY POINTS The Senate will hold an emergency plenary on Tuesday, February 10, following...
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Lagos Government Seals Ladipo Spare Parts Market Over Persistent Environmental Violations

KEY POINTS The Lagos State Government has sealed Ladipo Spare Parts Market over repeated...
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NDLEA Nabs Lagos Businessman at Kano Airport for Ingesting 95 Wraps of Cocaine Bound for China

K KEY POINTS NDLEA arrested a Lagos-based businessman at Kano airport after he swallowed 95...
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IPOB Ends Monday Sit-at-Home Across South-East

KEY POINTS IPOB has permanently cancelled the Monday sit-at-home across the South-East, effective February...
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Gunmen Kill Three, Abduct Catholic Priest in Fresh Kaduna Attack

KEY POINTS Gunmen killed three people and abducted Catholic priest Rev. Fr. Nathaniel Asuwaye...
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NLC Threatens Mass Action, Election Boycott Over Rejection of Real-Time Results Transmission

KEY POINTS NLC has threatened mass action and possible election boycott if real-time electronic...
Business

Lagos Assembly Budgets N55.4bn for Lawmakers’ Quarters, Complex Beautification in 2026

KEY POINTS Lagos Assembly plans to spend N55.4bn in 2026 on lawmakers’ quarters and...
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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.