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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

Reps Probe Utilization of Take-Off Grants, Bailout Funds from 2015 to Date

The House of Representatives investigates take-off grants and bailout funds, with a focus on transparency and accountability
Politics

Court Strikes Out Nnamdi Kanu’s N50bn Suit Against FG

The Federal High Court strikes out Nnamdi Kanu’s N50 billion suit against the Federal Government, citing lack of diligent prosecution and legal representation.
News

External Auditors to Review NNPC’s N2.7 Trillion Subsidy Claim

Nigeria hires external auditors to verify NNPC’s N2.7 trillion fuel subsidy claim for transparency and accountability.
News

Electricity Tariff Hike: 85% Still Benefit from Subsidy

Nigeria's government affirms 85% still enjoy electricity subsidy amidst tariff hike. Reinvestment plans outlined
Society

HURIWA Questions Government’s Narrative on Kaduna Kidnappings

HURIWA challenges the Federal Government's account of rescuing 137 kidnapped Kaduna pupils without arrests, demanding transparency and criticizing the handling of the children's emotional and psychological trauma.
News

Gumi Summoned for Talks After Advocating Negotiation with Bandits

The Nigerian government has summoned prominent Islamic cleric Sheikh Ahmad Gumi for talks following...
News

FAAC Disburses N1.127 Trillion in Revenue Share to Government Tiers

Nigeria's FAAC allocates N1.127 trillion to governments, with significant revenue boosts from VAT, CIT, and other sources.
News

Mezovest CEO Urges Nigerian Government to Price Local Gas in Naira, Not Dollars

Mr. Tosin Thompson, the CEO of Mezovest, has made a plea to the Federal...

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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.