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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.

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.

Five Nigerian Cities Experiencing the Fastest Rising Cost of Living in 2025

KEY POINTS Lagos, Abuja, Port Harcourt, Uyo, and Jos are the top five Nigerian...

Lagos to Introduce Special Vehicle Plates for Persons with Disabilities

Lagos introduces special number plates for persons with disabilities to improve vehicle identification and inclusivity

Five Dead, 13 Rescued After Lagos Building Collapse

Five people were killed, and 13 were rescued after a building collapsed in Lagos. Eyewitnesses say signs of distress were ignored before the collapse.

Over 1,000 Investors Stormed CBEX Office Over Lost Investments

Investors protest at CBEX Lagos office after losing millions in a Ponzi scheme, demanding accountability

Peter Obi Demands Action on Genocidal Threats in Lagos

Peter Obi calls for immediate investigation and action against genocidal threats targeting Igbos in Lagos, emphasizing the need for unity and strong leadership to counter divisive rhetoric.

Lagos Market Traders Struggle Without Amenities: A Call for Change

Approximately 2,000 women who trade in Mushin and Oyingbo markets, Lagos State’s bustling commercial...

Texas Businessman Found Dead in Lagos Hotel Room

A US-based businessman, Onyejekwe Izuchukwu, was discovered dead in his hotel room in Lagos, Nigeria on June 9, 2024. The 51-year-old Texan was on a business trip and had been staying at the hotel for several days. Authorities have launched an investigation to determine the cause of death, and Izuchukwu's body was transported for autopsy.

Lagos Slips to 5th Place Among Africa’s Wealthiest Cities

Lagos, Nigeria's economic powerhouse, has seen a decline in its ranking among Africa's wealthiest...

Nigerian Drug Bust Nets Traffickers, NDLEA Rejects Bribe Attempt

The National Drug Law Enforcement Agency (NDLEA) of Nigeria has had a busy week,...

Kidnapped Furniture Maker Escapes Death in Nigeria

 A young entrepreneur who was abducted by unknown gunmen in Lagos, Nigeria, has shared...

Lagos Commuters Enjoy Peaceful and Secure Transport Despite Fare Hike

The management of Oshodi Transport Interchange (OTI), a world-class bus terminal in Lagos, Nigeria,...

Northern Nigeria’s Outrage over Relocation of Key Agencies to Lagos

The Arewa Consultative Forum (ACF) has accused the federal government of plotting to undermine...

Latest articles

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.

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.

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.

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.