News

President Bola Tinubu has ordered the timely release of funds due to the North Central Development Commission (NCDC) and other Regional Development Commissions, warning their boards and managements that corruption, waste and politically driven projects will attract sanctions.

The United States Federal Bureau of Investigation (FBI) has intensified its manhunt for Fahad Mohamed Nur, offering a reward of up to $150,000 for information leading to his arrest.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is pursuing multiple pathways to transform Nigeria into a global gas hub, with plans to more than double the country’s proven gas reserves over the longer term.

Nigeria’s agricultural imports fell by 8.5 percent year-on-year to N2.03 trillion in the first half of 2026, despite a sharp increase in import activity during the second quarter.

Bamboo experienced login difficulties on Monday as a surge of users attempted to access its platform to subscribe to the Dangote Refinery and Petrochemicals FZE public offer.

A Boko Haram/Islamic State West Africa Province (BH/ISWAP) fighter has abandoned terrorism and surrendered to troops with an AK-47 rifle and an Improvised Explosive Device in Borno State.

Dangote Refinery’s N2.15 trillion Initial Public Offering (IPO) attracted more than N10 billion in subscriptions within minutes of opening on Monday, signalling strong early investor interest in what is billed as Africa’s largest initial public share offering.

A Cardiff summit bringing together pro-independence leaders from Scotland, Wales and Northern Ireland is putting renewed pressure on Westminster and reopening questions over the long-term future of the United Kingdom.

There are corporate failures that deserve to be treated as ordinary business casualties. Companies rise, companies fall, markets change and inefficient businesses eventually disappear. But the demise of NICON Insurance Limited is different.

The EFCC disclosed this on Monday in a statement posted on its social media pages, detailing an interaction between its Lagos Zonal Directorate 2 and the Nigerian Bar Association (NBA) Lagos Task Force on Illegal Practice of Law.