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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

Dangote Refinery Raises Petrol Ex-Depot Price to N1,175

KEY POINTS Dangote Refinery increased its petrol ex-depot price to N1,175 per litre and...
News

Dangote Tops Forbes 2026 Africa Billionaires List as Rabiu’s Wealth Jumps 120 Percent

Aliko Dangote topped the Forbes 2026 Africa Billionaires list with $28.5 billion as Nigeria placed four businessmen among the continent's wealthiest.
News

Petrol Hits N1,300 Per Litre in Nigeria as Middle East War Drives Crude Oil to $110 Per Barrel

Petrol prices surged to N1,300 per litre across Nigeria as the Middle East war pushed global crude oil prices to $110 per barrel.
News

Court Clears ICPC to Probe Alleged N350 Million Contract Scandal, Dismisses Businessman’s Lawsuit

A Federal High Court in Abuja dismissed a suit seeking to block ICPC from investigating an alleged N350 million contract scandal.
News

Boko Haram Kills Nigerian Army Lt. Colonel, Overruns Two Military Bases in Borno and Yobe

Coordinated Boko Haram and ISWAP attacks on military bases in Borno and Yobe left a commanding officer and scores of Nigerian soldiers dead.
News

Peter Obi, Victor Umeh, Ben Obi register with ADC

KEY POINTS Peter Obi, Victor Umeh and Ben Obi have officially registered with the...
Sports

Ugo Ugochukwu Claims Maiden Formula 3 Victory in Melbourne

KEY POINTS Ugo Ugochukwu won his first FIA Formula 3 race in Melbourne after...
News

IGP Appoints DCP Anthony Placid as New Police Spokesperson

KEY POINTS Inspector-General of Police Olatunji Disu has appointed Deputy Commissioner of Police Anthony...
News

Showunmi Criticises Al Jazeera Interview with Tinubu Aide Bwala

KEY POINTS PDP chieftain Segun Showunmi criticised an Al Jazeera interview between Mehdi Hassan...
News

Nigerian Food Vendors Are Secretly Dyeing Unripe Tomatoes Red to Cut Costs

Nigeria's cost of living crisis has pushed local food vendors to dye unripe tomatoes red and serve them to unsuspecting customers.
News

Terror, Lithium and Bribes: The Illegal Mining Empire Thriving Inside Nigeria’s Deadliest Zone

While terrorists massacred over 100 people in Kaiama, illegal miners were hauling lithium ore out in trucks, protected by bribed security officials.
News

Ex-Senate Minority Leader Says Northern Nigeria Is Tearing the Country Apart

At 85, former Senate Minority Leader Prof. Daniel Saror says northern insecurity, religious extremism and weak leadership are tearing Nigeria apart.
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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.