Ogun Businessman Accuses Chinese Firm of ₦1bn Factory Demolition
The Chief Executive Officer of TEBAMS Gases and Allied Products Ltd, Taiwo Aremu, has accused a Chinese company, Sheng Xin Industrial Co. Ltd, of masterminding the demolition of his gas…
Radda Names New Heads for Road Agency, Key Katsina Institutions
Katsina State Governor, Dikko Radda, has approved the appointment of new heads for major state agencies. Abba Junaidu was named Chairman of the Road Maintenance Agency, while Dr. Babangida Ruma…
IMF Warns Nigeria on Rising Debt, Oil Risks Despite Reform Gains
At the 2025 IMF World Bank meetings, Nigeria earned praise for its economic reforms but faced warnings over debt and oil-sector risks. The IMF raised Nigeria’s 2025 growth forecast to…
Six NYSC Members Sue Anambra Govt, Demand ₦1bn Over Assault
Six National Youth Service Corps (NYSC) members have sued the Anambra State Government for ₦1 billion over alleged assault and unlawful detention by the state vigilante group, Agunechemba. The corps…
Obi Urges Decentralization of Nigeria’s Seaports for Economic Growth
Labour Party presidential candidate in the 2023 election, Peter Obi, has called on the Federal Government to decentralize Nigeria’s seaports to boost trade, create jobs, and promote equitable economic development.…
Lagos Begins Compensation for Oworonshoki Demolition Victims
The Lagos State Government has begun paying compensation to residents affected by the Oworonshoki urban regeneration project in Kosofe. LASURA Director-General, Oladimeji Animashaun, said 80 residents have received cheques ranging…
Experts Warn Ferry Costs Could Limit Lagos Omi Eko Project
High ferry fares are limiting the adoption of water transport in Lagos, despite its potential to reduce traffic congestion. Experts warn that without fare subsidies, the new €410 million Omi…
JUST IN: Nigeria Exits FATF Grey List, Boosting Investor Confidence and Financial Credibility
The Financial Action Task Force (FATF) has removed Nigeria from its grey list after nearly three years, signaling renewed global confidence in the country’s financial system. The decision, which also…
NEM Insurance Profit Soars 67% in Q3 on Strong Premium Growth and Investment Gains
NEM Insurance Plc has announced a 67% rise in pretax profit to ₦5.8 billion for the third quarter of 2025, up from ₦3.4 billion in the same period last year,…
JUST IN: Tinubu Sacks Service Chiefs, Names New Military Heads
President Bola Tinubu has carried out a major shake-up in Nigeria’s military hierarchy, appointing new Service Chiefs in a move aimed at strengthening the country’s national security architecture. According to…