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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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Dangote Group calls viral cement-Tinubu claim ‘fake’ as billionaire lands on TIME100 list

Dangote Group has dismissed a viral post falsely quoting Aliko Dangote on cement taxation, the same day TIME named him among its 100 most influential people.
News

Tinubu Unveils Ultra-Modern NRS Headquarters

KEY POINTS President Tinubu commissioned the new Nigeria Revenue Service headquarters in Abuja, marking...
News

Fayose Holds Private Talks with Olubadan

KEY POINTS Fayose held a private meeting with the Olubadan amid rising political tension...
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Akpabio Defends INEC Chairman Amupitan Over ‘Victory Is Sure’ Tweet Controversy

KEY POINTS Akpabio defended INEC chairman Joash Amupitan, dismissing claims of partisan bias over...
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ADC Crisis Deepens as Mark-Led Faction Expels Bala

KEY POINTS The David Mark-led ADC faction expelled Nafiu Bala, Leke Abejide, and others...
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Nigeria spent N75bn on arms from 2023 to 2025, with 2024 accounting for more than half

Nigeria spent nearly N75bn on arms and military equipment over three years, with 2024 alone accounting for more than half of that total.
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Pat Utomi accuses Tinubu, INEC of plot to exclude opposition from 2027 ballot

Pat Utomi, a professor of political economy, says INEC and the Tinubu administration are working in concert to neutralize opposition parties before 2027.
News

Boko Haram hits Benishiekh again, storms base where general was killed

Insurgents targeted the same 29 Task Force Brigade base in Benishiekh, Borno State, where Brig. Gen. O.O. Braimah was killed six days ago.
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Senator Ndume says Nigeria can end insecurity in 6 months if FG gets serious

Senator Ali Ndume says Nigeria can end insecurity within six months if the federal government shows genuine commitment and arms its soldiers properly.
News

Nigeria’s power sector cost government N418bn in subsidies as losses topped N300bn in Q4 2025

Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.
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Nigeria recorded 3.38 million internally displaced persons across 14 states in 2023, NBS report shows

Nigeria recorded 3,381,228 internally displaced persons across 14 states in 2023, with Borno State accounting for more than half of all cases.
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Boko Haram kills colonel and 6 soldiers in Borno as herdsmen attacks leave 14 dead in Benue

A Nigerian Army colonel and six soldiers were killed in a Boko Haram attack in Borno State on April 12, 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.
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.