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Business

Lagos court affirms Ogunba as Receiver/Manager of Ikeja Disco

A Federal High Court judge in Lagos, Justice Akintayo Aluko, has endorsed the appointment of Kunle Ogunba, SAN, as Receiver/Manager over Ikeja Electricity Distribution...

Senate gives NNPC three weeks to account for ₦210 trillion in audit discrepancies

The Senate Committee on Public Accounts has issued a three-week ultimatum to the Nigerian National Petroleum Company Limited (NNPC Ltd) to respond to a...

SERAP, others sue Tinubu government over withheld NDDC forensic audit report

The Socio-Economic Rights and Accountability Project (SERAP), along with four concerned Nigerians, has filed a lawsuit against President Bola Tinubu’s administration over its failure...

Food prices continue rise in June though annual inflation drops

Food price continue to rise in June though annual inflation drop Food prices in Nigeria rose in June 2025, with month-on-month food inflation climbing to...

NNPC refineries may never work again — Dangote

The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again. Dangote...

EFCC chairman exposes deep-rooted corruption in NNPC: “What we’ve found is mind-boggling”

In a bombshell revelation that has sent shockwaves through Nigeria’s corridors of power, Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC),...

NDPC fines MultiChoice Nigeria ₦766 Million for data privacy violations

The Nigeria Data Protection Commission (NDPC) has imposed a fine of ₦766,242,500 on MultiChoice Nigeria for breaching provisions of the Nigeria Data Protection Act...

Senate in crisis as ₦9.9 trillion capital budget languishes amid second extension; “It is a game,” say watchers

Tensions reached a boiling point in the Nigerian Senate on Tuesday as lawmakers clashed over the Executive’s persistent failure to implement the ₦9.995 trillion...

Alleged $6bn Mambila fraud: Liyel Imoke wrote contractor that FEC did not approve the contract – witness

The Third Prosecution Witness, PW3, Umar Babangida in the trial of the former Minister of Power and Steel Development, Olu Agunloye, on Monday, June...

Nigeria’s bamboo gamble amid soaring construction costs

By Jennifer Odii Nigeria's construction sector is grappling with a profound crisis, driven by the trio pressures of persistent hyperinflation, import dependency and the precipitous...

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