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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.

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.

Nigerian Minister Defends Lagos-Calabar Highway Project

Nigerian Works Minister David Umahi defends the Lagos-Calabar Coastal Highway project, calling critics who question its funding and economic viability "unpatriotic." The project is expected to improve connectivity between Nigeria's economic hubs and boost national growth.

Nigeria Seeks Stronger Manufacturing Ties with South Korea

In a bid to bolster Nigeria's manufacturing sector, prominent Nigerian politician Bola Tinubu has...

Abia Governor Vows to Slash Government Spending

Abia State Governor, Alex Otti, has outlined a plan to reduce government spending and...

Empowering Nigerian Women: Tinubu’s Bold Initiative Unveiled

President Tinubu launches four transformative projects to boost Nigerian women's economic influence and societal roles, marking a historic step towards empowerment.

Nigeria’s Road to Progress: A Dual Carriageway in 24 Months

Nigeria's federal government has announced that it will deliver the Abuja-Kaduna-Zaria-Kano dual carriageway project...

How China’s Railway Project Transforms Nigeria’s Economy 

Nigeria, the most populous country in Africa, has embarked on a railway modernization project...

Latest articles

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.

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.

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.

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.