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Nigerian bankers Jim Ovia and Tony Elumelu were pushed out over insider loans, central bank source says

A central bank source says Zenith founder Jim Ovia and UBA’s Tony Elumelu were pushed out over insider loans, some tied to Ovia’s luxury towers.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

Akpabio Criticizes Peter Obi Over Labour Party Crisis

KEY POINTS Senate President Godswill Akpabio criticized Peter Obi, urging him to resolve internal...
News

APC Issues 7-Day Ultimatum to VeryDarkMan Over Criticism of Akpabio’s Vatican Trip

KEY POINTS The APC’s South-South chapter demands a public apology from influencer VeryDarkMan within...
News

Akpabio Leads Nigerian Delegation to Vatican for Pope Francis’ Funeral

KEY POINTS Senate President Godswill Akpabio will lead a five-member Nigerian delegation to the...
News

Yahaya Bello Seeks Police Action Against Senator Natasha Over Alleged Defamation

KEY POINTS Former Kogi Governor Yahaya Bello petitions the IGP to arrest Senator Natasha...
News

SERAP Calls for Withdrawal of Bill Regulating Bloggers

KEY POINTS The Socio-Economic Rights and Accountability Project (SERAP) has called for the withdrawal...
News

Akpabio Files Police Petition Against Senator Over Assassination Allegations

KEY POINTS Senate President Akpabio petitions IGP to investigate Senator Akpoti-Uduaghan for allegedly claiming...
News

Court Bars Natasha, Akpabio From Media Comments on Pending Case

KEY POINTS Federal High Court imposes media blackout on all parties in Natasha Akpoti-Uduaghan's...
News

Judge Recuses Himself from Natasha Akpoti-Uduaghan’s Suit

KEY POINTS A Federal High Court judge recused himself from the case filed by...
News

Amnesty International Demands Investigation Into Akpoti-Uduaghan’s Allegations Against Akpabio

KEY POINTS Amnesty International calls for an independent investigation into the sexual harassment allegations...
News

Senator Natasha Alleges Arrest Plot Over IPU Speech on Akpabio Harassment Claims

KEY POINTS Senator Natasha Akpoti-Uduaghan alleges a plot to arrest her upon her return...
Politics

Akpabio Accuses Natasha of Misrepresentation at UN Conference

KEY POINTS Senator Natasha Akpoti-Uduaghan accused Senate President Godswill Akpabio of victimization and abuse...
Politics

IPU Assures Natasha of Action After Hearing Both Sides

The IPU has assured Senator Natasha Akpoti-Uduaghan that it will take necessary action after hearing both sides regarding her suspension from the Nigerian Senate.
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Business

Nigerian bankers Jim Ovia and Tony Elumelu were pushed out over insider loans, central bank source says

A central bank source says Zenith founder Jim Ovia and UBA’s Tony Elumelu were pushed out over insider loans, some tied to Ovia’s luxury towers.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.
News

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.