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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.

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Fresh Benue Attack Leaves 13 Dead as Gunmen Torch Market, Abduct Women

KEY POINTS Gunmen killed 13 people in an attack on Anwase Market in Kwande...
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Lassa Fever Outbreak Hits Plateau as State Confirms 11 Cases, Four Deaths

KEY POINTS Plateau State has confirmed 11 Lassa fever cases and four deaths across...
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JOHESU Suspends 84-Day Nationwide Strike After Fresh Agreement With Federal Government

KEY POINTS JOHESU has suspended its nationwide strike after 84 days, following a conciliation...
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INEC Registers Two New Political Parties Ahead of 2027 General Elections

KEY POINTS INEC has registered the Democratic Leadership Alliance and the National Democratic Congress...
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EFCC Arraigns Ex-Federal University Dutsinma VC Over Alleged ₦19.7m Bribery Scheme

KEY POINTS EFCC has arraigned former Federal University Dutsinma VC, Prof. Armaya’u Hamisu Bichi,...
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Suspected Thugs Attack ADC Secretariat in Edo

KEY POINTS Suspected thugs attacked the ADC secretariat in Benin, vandalising property and damaging...
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Trump Praises Nigeria’s First Lady Remi Tinubu at US National Prayer Breakfast

KEY POINTS US President Donald Trump publicly recognised Nigeria’s First Lady, Oluremi Tinubu, at...
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Villagers’ Refusal to Embrace Extremist Ideology Sparked Deadly Attack in Kwara

KEY POINTS The massacre of 162 villagers in Kwara State was a retaliatory attack...
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NBA to Petition Police, Security Agencies Over Kwankwaso’s Alleged Claims of Judicial Interference in Kano Election Case

KEY POINTS NBA will petition police and security agencies over claims suggesting interference in...
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Court Jails Former NEXIM Bank Managing Director Roberts Orya for 10 Years

KEY POINTS An FCT High Court has sentenced former NEXIM Bank MD Roberts Orya...
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NCC, NDPC Sign Pact to Deepen Data Privacy and Protection in Nigeria

KEY POINTS NCC and NDPC have signed an MoU to strengthen cooperation on data...
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Lagos to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...
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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.