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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.
News

Court Clears Woman, Company of N22.9bn Money Laundering Charges Linked to Dasuki

KEY POINTS A Federal High Court in Abuja acquitted Isabella Mimie Oshodin and her...
News

Nigeria Immigration Service Suspends Officers Over Alleged Extortion at Lagos–Seme Border

K KEY POINTS Senior immigration officers at the Lagos–Seme border were suspended over alleged extortion...
News

Banditry turned Kwara farming communities into ghost towns, displacing 20,000 residents

Across Kwara's rural belt, farming villages that once sustained families for generations now sit empty, silenced by banditry, kidnapping and fear.
News

Kwara kidnap victims beg for rescue in new video, say they’ve been held since February

A new video shows Kwara State kidnap victims, gaunt and exhausted, pleading directly to state governments for rescue more than two months after their abduction.
News

Catholic diocese says 24 killed in Easter Sunday attack on Kebbi village, contradicts police count

The Catholic Diocese of Kontagora says 24 people were killed in an Easter Sunday attack on a Kebbi village, six times the number police initially confirmed.
News

Nigeria’s rent crisis: Families flee cities as landlords double, triple prices with no warning

Across Nigeria's major cities, families are being priced out of their homes by rent hikes that sometimes double overnight, with little legal protection.
News

TUC warns petrol could hit N2,000/litre, urges Tinubu to redirect crude windfall to refineries

Nigeria's labor union is sounding the alarm on fuel prices, warning they could hit N2,000 per liter without immediate government action.
News

Bayelsa Declares Work-Free Day, Orders Market Closure Ahead of Tinubu’s One-Day Visit

KEY POINTS Bayelsa declared April 10 a work-free day and ordered market closures ahead...
News

Boko Haram Attack Kills Army General, Several Soldiers in Borno Military Base Assault

KEY POINTS Boko Haram insurgents attacked a military base in Benesheikh, Borno, killing Brigadier-General...
News

ADC Leadership Crisis Deepens as Gombe-Led Faction Protests at INEC Headquarters

KEY POINTS A Nafiu Gombe-led ADC faction protested at INEC headquarters, demanding recognition as...
Business

Presidency Clarifies ₦3.3tn Debt Settlement Plan for GenCos

KEY POINTS The Presidency clarified that the ₦3.3 trillion GenCos debt settlement approved by...
News

Nigeria’s North-East recorded nearly 2,000 IED explosions in seven years, new report reveals

Nearly 2,000 explosive device incidents hit Nigeria's North-East over seven years, with road-planted IEDs accounting for the largest share of attacks throughout the period.
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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.
News

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.