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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

23 Oil Thieves Arrested, 13 Refinery Sites Dismantled by Army

The Nigerian Army dismantled 16 illegal refineries, arrested 23 oil thieves, and recovered over 67,000 liters of stolen products in the Niger Delta region.
News

Ijaw Leaders Call for Wike’s Suspension Over Ethnic Remarks

Ijaw leaders call for the suspension of Wike over ethnic remarks, demanding fair representation and justice for their people
News

Tinubu Urges Rivers Stakeholders to Obey Supreme Court

The president has addressed Rivers State stakeholders by requesting they observe the Supreme Court decision while seeking peace during political tensions that continue to rise.
News

Nigeria To Earn $320 Million From Carbon Credit Initiative

Nigeria is set to rake in $320m annually from carbon credit initiative.
News

Niger Delta’s Inclusion in Biafra Agenda: PANDEF, IPOBI Clash

Niger Delta’s inclusion in Biafra is rejected by PANDEF, but the IPOB insists on peaceful advocacy and enrollment by referendum.
Business

Federal Government Defends Renaming of Niger Delta Ministry

The federal government’s decision to rename the Ministry of Niger Delta Development has sparked mixed reactions, with leaders concerned about regional development.
News

Niger Delta Governors Face Scrutiny Over Misuse of 13% Derivation Funds

Former federal lawmaker Farah Dagogo has accused Niger Delta governors of mismanaging the 13% derivation funds, leaving oil-producing communities in poverty despite the influx of billions of naira.
News

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.
News

Elder Statesman Clark Denounces Military Raid on His Residence

Prominent Niger Delta leader Chief Edwin Clark has vehemently denied harboring weapons at his...
News

Delta Leads the Way in Mangrove Conservation Project

Delta State has partnered with a UK-based company to restore and protect its mangrove...
News

Tinubu Receives South-South Monarchs, Promises to Address Their Grievances

Nigeria’s President Bola Tinubu met with a delegation of traditional rulers from the South-South...
News

Abandoned Oil Wells Spark Environmental Concerns in Niger Delta

Experts raise alarm over health, environmental risks from abandoned oil wells and neglected infrastructure in Nigeria's Niger Delta region.
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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.