News

Nigerian Army officially clears a Niger Republic camel herder of terrorism allegations after exhaustive intelligence investigations found no evidence linking him to Boko Haram, ISWAP or any other terrorist organisation. Operation HADIN KAI says the man was detained...

House of Representatives orders immediate suspension of all Nigeria Revenue Service recruitment nationwide pending the conclusion of an ongoing legislative investigation into alleged violations of federal character principles and recruitment procedures. Lawmakers threaten to invoke constitutional powers against...

Federal High Court in Abuja sentenced three men to life imprisonment after they pleaded guilty to terrorism-related offences linked to the abduction of students and teachers in Oriire Local Government Area of Oyo State. Justice Salim Ibrahim ordered...

Dangote Petroleum Refinery has completed a $2.5 billion private placement, one of the largest corporate fundraising deals by an African company, as it prepares for the next phase of its expansion. The offer was oversubscribed by 3.7 times,...

Three suspects linked to the kidnapping of schoolchildren and teachers in Oriire LGA, Oyo State, pleaded guilty to terrorism-related charges before the Federal High Court in Abuja. The defendants admitted to concealing information about three alleged terrorist masterminds...

Zenith Bank clinches the continent's highest banking honour, emerging Africa's Best Bank, while retaining the Nigeria's Best Bank title for the second consecutive year at the prestigious Euromoney Awards for Excellence 2026. The lender outperformed more than 770...

Nigeria’s growing digital economy is facing new risks from crypto scams and online financial crimes. Regulators and investigators are demanding stronger tools to trace digital money movements. Blockchain experts warn that fraud networks are becoming more sophisticated. The...

Nigeria's broad money supply increased by N4.04 trillion to N133.25 trillion in June, reflecting sustained liquidity growth despite the Central Bank of Nigeria's decision to retain its benchmark interest rate The expansion was driven mainly by stronger quasi-money...

Dangote Refinery reverses course, ending its controversial dollar-denominated petrol sales and restoring naira transactions with a new gantry price of N1,215 per litre. Policy U-turn comes amid rising global oil prices, with Brent crude climbing to $95 per...

Kaduna State's free Compressed Natural Gas mass transit scheme has saved commuters more than N3.5 billion in transport costs, with over 3.2 million passenger trips recorded since the initiative began. The state government has deployed 100 CNG-powered buses...