Emefiele Trial: Finance Ministry Was Unaware of N124.86bn CBN Withdrawal, Witness Tells Court
The ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, took another significant turn at the Federal Capital Territory (FCT) High Court in Maitama, Abuja. A senior official from the Federal Ministry of Finance testified that…
“They’re Calling Me for a Board Meeting!” — Dangote Reacts to Viral IPO Memes, Confirms 2028 Fertiliser Listing
Africa’s richest man, Aliko Dangote, has responded with good humor to the wave of viral memes created by retail investors in the ongoing Dangote Petroleum Refinery IPO, while dropping a fresh announcement: Dangote Fertiliser will officially go public in…
NIS Passport Intervention Diaspora: Over 8,500 Nigerians Enrolled in US, UK, Canada & Qatar
The Nigeria Immigration Service (NIS) has successfully registered 8,552 Nigerians abroad as part of its ongoing NIS passport intervention diaspora drive across the United States, Canada, Qatar, and the United Kingdom. The Service Public Relations…
“We Need a Stadium for Our AGM!” — Dangote Targets 10 Million Shareholders in Historic N2.15tn Refinery IPO
Africa’s richest man, Aliko Dangote, has revealed a vision to democratize stock market ownership across the continent by securing over 10 million individual shareholders through the ongoing Initial Public Offering (IPO) of the Dangote Petroleum Refinery…
CNG Crisis: Why Long Queues, High Conversion Costs & Infrastructure Deficits Are Threatening FG’s Oct 1 Fare Cut Target
The Federal Government’s push to deliver measurable reductions in public transportation fares by October 1 faces significant operational headwinds across Nigeria. Despite official statements from the Presidency that over 120,000 vehicles have been…
Bank Branch Closures: Nigerian Banks Shut 476 Locations in 3 Years as Digital Push Accelerates
The physical footprint of traditional banking in Nigeria is shrinking rapidly. Between 2022 and 2025, Deposit Money Banks (DMBs) across the country closed a net total of 476 branches and cash centres, reducing their brick-and-mortar network by 8.8 per…
Oyo Police Bust Interstate Child Trafficking Ring: Suspect Confesses to Selling Own Babies and Abducting 19 Minors
The Oyo State Police Command has uncovered an interstate child-stealing and human trafficking syndicate, resulting in the rescue of 17 children and the arrest of seven suspects across Oyo, Ogun, and Delta states.What began as a police inquiry into an…
“Stop Exporting Jobs and Importing Fuel” — Refinery Owners Urge FG to Curb Imports and Protect Local Operators
ABUJA, Nigeria — The Crude Oil Refinery Owners Association of Nigeria (CORAN) has called on the Federal Government to urgently intervene in the downstream petroleum sector by curbing petroleum product imports and implementing policies that prioritize…
Apple Outlines Compensation Package for New CEO John Ternus: $3M Salary and $55M Stock Target
Regulatory filings with the U.S. Securities and Exchange Commission (SEC) detailed the compensation package for Apple’s newly appointed Chief Executive Officer, John Ternus. Ternus—who officially stepped into the CEO role succeeding Tim Cook—will earn a…
EFCC Uncovers Scheme Moving Local Government Funds into Crypto Wallets
The Economic and Financial Crimes Commission (EFCC) has exposed a sophisticated corruption trend involving the transfer of local government funds directly into cryptocurrency wallets to siphon public funds out of Nigeria. Speaking to media executives and…