Police probe AIG over VeryDarkMan’s corruption allegations
The Nigeria Police Force has confirmed that it is investigating the Assistant Inspector-General of Police in charge of Zone 2 Command, AIG Moshood Jimoh, over allegations raised by social…
Tinubu approves pay rise for military personnel
President Bola Tinubu has approved salary increases of between 30 and 80 per cent for Nigeria’s armed forces personnel. The pay package that will benefit approximately 250,000 personnel and…
Otedola hints at raising First HoldCo stake to over 51%
Chairman of First HoldCo Plc, Femi Otedola, has hinted at increasing his 26 per cent holding in First HoldCo to 51 per cent as the lender’s transformation gathers pace. Otedola…
NEC approves refinancing of $3.3bn NNPC’s crude-for-cash loan
The National Economic Council (NEC) has approved the refinancing of the N3.3 billion dollars Project Gazelle Pre-Export Finance Facility through a new 4.5 billion dollars facility named “Project…
Presidency replies Atiku, says petrol subsidy removal boosted FAAC allocations
The presidency says the most visible impact of the petrol subsidy removal is the increased allocation for states and local government areas (LGAs) in the country. In a statement on…
Wike declares end to political feud with Fubara in Rivers
Nyesom Wike, minister of the Federal Capital Territory (FCT), has declared an end to the protracted political feud between him and Siminalayi Fubara, governor of Rivers. Wike spoke on Saturday…
Gunmen attack Ekiti church, kill pastor, abduct worshippers
Gunmen on Tuesday night attacked a Christ Apostolic Church in Eda Oniyo Ekiti, Ilejemeje Local Government Area of Ekiti State, killing a pastor and abducting an unspecified number of…
Report: Army got only 7% of security equipment budget in 2025
Nigeria's worsening security crisis is being compounded by chronic underfunding of the armed forces, with official government records showing that only a fraction of budgeted allocations for critical military…
First HoldCo faces potential N1.15trn sale of 22.9% legacy stake
A proposed block sale of more than 10.43 billion shares in First HoldCo Plc, valued at about N1.15 trillion, could reshape the ownership structure of Nigeria's oldest banking group…
Two Chinese nationals jailed for 25 years over illegal export of Nigeria’s mineral resources
The federal high court sitting in Lagos has convicted and sentenced two Chinese nationals, Zhang Hong Lin and Gao Pei Hai, for illegally exporting Nigeria’s mineral resources. Akintayo Aluko, the…
