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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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Tinubu Approves 30% Debt Relief for Nigerian Airlines Amid Rising Fuel Costs

KEY POINTS The federal government approved a 30% reduction in debts owed by domestic...
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APC Announces Timetable for 2027 Elections, Begins Sale of Nomination Forms April 25

KEY POINTS APC will begin selling nomination forms for the 2027 elections on April...
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Gunmen Strike Kwara Communities, Abduct Family of Three in Daylight, Kidnap 15 Overnight

KEY POINTS Gunmen abducted a family of three in a daytime attack in Kwara...
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Boko Haram Threatens to Execute Captives as Mediator Decries Government Silence

KEY POINTS Boko Haram faction threatens to execute up to 20 of 416 captives...
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Adelabu Quits as Power Minister to Chase Oyo Governorship Ambition

KEY POINTS Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026. ...
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FG, States, LGs Share ₦2.036 Trillion as Taiwo Oyedele Chairs First FAAC Meeting

KEY POINTS FG, states, and LGs received allocations from March 2026 revenue, with oil-producing...
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Senate Orders Full Probe Into Boko Haram Attacks on Military Bases in Borno

KEY POINTS The Senate ordered a full military audit following deadly attacks on bases...
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Court Orders DSS to Detain Six Suspects Over Alleged Terrorism in Abuja

KEY POINTS Six defendants were arraigned in Abuja on a 13-count charge of alleged...
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Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.
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Cruz accuses Nigerian officials of complicity in killing of Christians

US Senator Ted Cruz says Nigerian officials are complicit in killing Christians, while former minister Lai Mohammed insists Boko Haram has killed more Muslims.
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Edun and Dangiwa resigned from cabinet, presidency confirms

Wale Edun and Ahmed Musa Dangiwa resigned from Tinubu's cabinet on their own, the presidency says, denying reports that the President sacked the two ministers.
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Falaye opens NSITF help desk to fast-track civil service compensation

Nigeria's social insurance fund chief Oluwaseun Falaye has opened a new help desk to speed compensation claims for federal civil servants in treasury-funded ministries.
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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.