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Rivers State

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.
News

Rivers Governor Fubara Says He Suffered for Staying Silent in Political Crisis

Governor Fubara says he has suffered for staying silent amid Rivers political crisis, urging unity with state lawmakers.
News

19 Kidnapped as Gunmen Target Rivers Students and Imo Bus

Gunmen abduct Rivers university students and seize a passenger bus in Imo as lawmakers demand stronger federal action.
News

Fubara Cancels ₦134bn CCECC Contract, Demands ₦20bn Refund

Governor Fubara cancels CCECC’s ₦134bn secretariat project in Rivers State and directs the refund of ₦20bn paid to the firm.
Politics

Fubara Says He No Longer Desires to Return as Governor

Suspended Rivers State Governor Fubara says he doesn't wish to return to office and asks his supporters to avoid worsening the political crisis.
News

Rivers State Fails to Publish Budget Report Under Sole Administrator Ibas

KEY POINTS Rivers State has not published its Q1 2025 budget performance report—the first...
News

Rivers Crisis Deepens as Sole Administrator Ibas Snubs Emergency Rule Hearing

KEY POINTS Ibok-Ete Ibas, sole administrator of Rivers State, failed to appear for a...
Politics

Party Files N20B Suit Against Tinubu, Others Over Rivers Emergency Rule

BOOT Party sues President Tinubu over emergency rule in Rivers state. They seek N20 billion for the disruption caused to local government elections.
News

Rivers Demands Refund of N300m Hosting Rights from NBA

Rivers State demands a refund of N300 million hosting rights from NBA after relocating its Annual General Conference to Enugu
News

Former Rivers Governor Accuses Wike of Fueling Political Crisis

KEY POINTS Former Governor Ada George accuses Wike of instigating Rivers crisis after failed...
News

Court to Hear Suit Against Tinubu, Ibas on April 10

A suit against President Tinubu and Vice Admiral Ibas concerning the suspension of Rivers' Governor and the appointment of a Sole Administrator will be heard on April 10.
Politics

Ibas Cancels All Tenders, Orders Refund to Contractors

Ibas has cancelled job tenders from Governor Fubara’s tenure, he ordered MDAs to refund contractor fees.
News

Fubara Vows Rivers Will Rise Stronger Amid Political Crisis

KEY POINTS Suspended Rivers Governor Fubara predicts the state will emerge strengthened from its...
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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.