Business Archives - Page 23 of 23

Dangote Takes Petition Against Ex-NMDPRA Boss Farouk Ahmed to EFCC

January 9, 2026

Billionaire industrialist Aliko Dangote, Chairman of Dangote Industries Limited (DIL), has formally filed a corruption petition against Farouk Ahmed, the former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), with the Economic and Financial Crimes Commission (EFCC). The move comes after the same petition was withdrawn from the Independent Corrupt Practices and Other...

ICPC Confirms Continuation of Farouk Ahmed Probe Despite Dangote Withdrawal

January 8, 2026

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has affirmed that its investigation into Farouk Ahmed will continue despite the recent withdrawal of the case by the Dangote Group. The commission made this known on Monday, emphasizing that the probe is grounded in statutory duties and public interest rather than the involvement of...

January 15 Declared Armed Forces Celebration and Remembrance Day – DHQ

January 8, 2026

The Nigerian Defence Headquarters (DHQ) has announced that January 15 will be officially marked as Armed Forces Celebration and Remembrance Day across the country. The decision, made public on Monday, is aimed at recognizing the contributions of the Nigerian Armed Forces and honoring the sacrifices of service members who have given their lives in defense...

Rivers Lawmakers Describe Governor Fubara’s Impeachment as Mistake

January 8, 2026

Some members of the Rivers State House of Assembly have described the impeachment of Governor Siminalayi Fubara as a mistake, questioning both the process and the charges brought against him. The lawmakers issued the statement amid ongoing political tension in the state, highlighting concerns over procedural lapses and the need for proper verification of the...

Zenith Pensions Custodian Foundation Provides Support to 400 Widows

January 6, 2026

The Zenith Pensions Custodian Foundation (ZPCF) has extended support to 400 widows across Nigeria as part of its ongoing social responsibility initiatives aimed at empowering vulnerable communities. The program, which provides financial assistance, skills training, and capacity-building opportunities, underscores the foundation’s commitment to improving livelihoods and fostering economic inclusion. The announcement was made on Wednesday,...

Bitget Opens Trading Suite to Users Following Record Demand

January 6, 2026

Cryptocurrency exchange Bitget has officially opened its new trading suite to users after experiencing record demand for its services, signaling growing interest in digital assets and online trading in Nigeria and across global markets. The company confirmed the launch in an official statement on Wednesday, January 7, 2026, noting that the new platform integrates advanced...

Fidelity Bank Raises ₦259bn in Private Placement, Exceeds ₦500bn Capital Requirement

January 6, 2026

Fidelity Bank Plc has announced the successful completion of a ₦259 billion private placement, a capital raising initiative that has strengthened its financial position and enabled it to exceed the ₦500 billion minimum capital requirement set for tier 1 banks by the Central Bank of Nigeria (CBN). The bank’s management confirmed the results of the...

NNPC Asset Sale Signals Strategic Shift Toward a Modern Energy Economy

December 30, 2025

Plans by the Nigerian National Petroleum Company Limited to sell selected oil and gas assets have drawn attention to a possible turning point in the country’s energy strategy. According to reports, the national oil company has invited bids from interested investors as part of a broader effort to restructure its portfolio. The move is expected...

Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

December 18, 2025

Lagos’ creative economy drew fresh attention over the weekend as influencers, innovators and culture leaders met at Co-creation Hub (CcHUB), one of Africa’s premier innovation platforms, to spotlight the city’s expanding creative landscape. The event on November 29 in Lagos showcased how creativity, technology and purposeful storytelling are shaping future opportunities for Nigerian talent. CcHUB’s...

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

July 28, 2026

Former Edo State Governor and Senator Adams Oshiomhole has criticised the 2027 presidential ambition of Nigeria Democratic Congress (NDC) candidate Peter Obi, describing his promise to transform Nigeria within a single four-year term as unrealistic and driven by desperation. Speaking on Obi’s campaign promises, Oshiomhole questioned the former Anambra governor’s political consistency, arguing that his...

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

July 26, 2026

The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal proceedings against the Nigerian National Petroleum Company Limited (NNPCL) over what it describes as the company’s failure to properly explain ₦211 trillion recorded in its 2023 audited financial statements. The lawsuit, filed before the Federal High Court in Abuja, challenges financial entries listed as “Sundry...

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

July 26, 2026

Security forces have intensified efforts to rescue the Zamfara LG chairman, Hon. Nura Umar Abdullahi, after suspected terrorists abducted him during an overnight attack on his residence in Bungudu Local Government Area of Zamfara State. The Joint Task Force (North West), operating under Operation Fansan Yamma, confirmed in a statement issued on Saturday that the...

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

Kwankwaso Breaks Silence on Peter Obi’s One-Term Promise Ahead of 2027

Latest News

Dangote Takes Petition Against Ex-NMDPRA Boss Farouk Ahmed to EFCC

ICPC Confirms Continuation of Farouk Ahmed Probe Despite Dangote Withdrawal

January 15 Declared Armed Forces Celebration and Remembrance Day – DHQ

Rivers Lawmakers Describe Governor Fubara’s Impeachment as Mistake

Zenith Pensions Custodian Foundation Provides Support to 400 Widows

Bitget Opens Trading Suite to Users Following Record Demand

Fidelity Bank Raises ₦259bn in Private Placement, Exceeds ₦500bn Capital Requirement

NNPC Asset Sale Signals Strategic Shift Toward a Modern Energy Economy

Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

Must Read

Digital Identity Expansion Positions NIN as a Platform for Financial Inclusion

Lagos Creative Ecosystem Ignites Innovation at CcHUB Gathering

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Oshiomhole Attacks Obi, Says Four Years Not Enough to Transform Nigeria

SERAP Drags NNPCL to Court Over Unexplained ₦211 Trillion Entries

Troops Rescue Five Relatives as Search for Abducted Zamfara LG Chairman Intensifies

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