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Labour Party Nigeria

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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

Nenadi Usman Unveils Reform Agenda for Labour Party

Nenadi Usman unveils Labour Party reforms to rebuild internal structures, strengthen grassroots ties, and reposition the party ahead of Nigeria’s 2027 elections.
News

Peter Obi Urges Five-Year Term for Nigerian President

Peter Obi backs a five-year presidential term without re-election, pledging to serve only once if elected in 2027.
News

Labour Party Seeks Nullification of Imo Governorship Election

Senator Athan Achonu argues for the annulment of Imo’s recent election, spotlighting violence and irregularities that could lead to a judicially mandated rerun.
News

Julius Abure Re-elected as LP Chairman Amid Labour Party Turmoil

Despite the Nigeria Labour Congress's protests, Julius Abure secures a second term as Labour Party Chairman, sparking calls for unity and transparency within the party.
News

LP Treasurer Accuses Abure of Corruption and Plot to Suspend Obi

Labour Party's National Treasurer accuses the Chairman of corruption, sparking a legal battle for transparency and integrity amidst allegations of misused funds and an unjust suspension.
News

NLC Protest to Demand for Julius Abure’s Resignation

The Nigeria Labour Congress demands the ousting of Labour Party Chairman Julius Abure, citing a "secret" convention and financial mismanagement, deepening the party's leadership crisis.
News

Falsehoods Targeting Abure Dismissed, Party Unity Stands

The Labour Party defends its chairman and reaffirms Peter Obi's commitment, dismissing the smear campaign as a failed attempt to disrupt its unity and focus.

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News

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.