CBN Releases $1.26bn for Fuel Imports Despite Dangote Refinery Output
The Central Bank of Nigeria has released a total of $1.259 billion to oil sector players for the importation of petroleum products and related items…
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EFCC Arraigns Reaprite CEO Ayodele Toyosi for Alleged ₦442.7m Fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned one Ayodele Toyosi, alongside his companies, Reaprite Global Limited and Agrorite Limited before R.A. Oshodi, Justice…
Tinubu Reshuffles Military Leadership, Appoints New Service Chiefs
President Bola Tinubu has announced a sweeping shake-up of Nigeria’s military leadership, removing Chief of Defence Staff General Christopher Musa and other service chiefs in…
Nigeria’s Petrol Imports Drop as Dangote Refinery Boosts Local Supply
Despite an increase in refining capacity, Nigeria still imported 69% of the 21.68 billion litres of petrol consumed between August 2024 and early October 2025,…
INTERPOL and AFRIPOL Arrest Suspects in $562 Million Crypto Ponzi Scheme
A joint international crackdown led by INTERPOL and AFRIPOL has resulted in multiple arrests in Nigeria, including suspects linked to a $562 million cryptocurrency Ponzi…
Federal Government Disburses N32.9 Billion to Boost Primary Healthcare Across Nigeria
In a major step toward strengthening Nigeria’s healthcare system, the Federal Government has released N32.9 billion under the Basic Health Care Provision Fund (BHCPF) to…
Stellar Steel Company: Driving Industrial Growth in Ogun State
Ogun State is set to welcome a transformative industrial project with the arrival of Stellar Steel Company Limited, a $450 million investment by Galaxy Group…
Dangote Refinery to List 5–10% Stake on Nigerian Exchange Within a Year
Aliko Dangote, the founder of Dangote Group, says Dangote Petroleum Refinery plans to sell 5 to 10 percent of its stake on the Nigerian Exchange…
Court Freezes Fidelity Bank Account Linked to Mars Aviation Over Alleged Money Laundering
A federal high court in Abuja has ordered the temporary freezing of a Fidelity Bank account belonging to Mars Aviation Limited over money laundering allegations…
Tricycle Rider Killed by Stray Bullet Outside Brothel in Ajah, Lagos
A yet-to-be-identified tricycle rider has been killed by a stray bullet outside a brothel in the Badore area of Ajah, Lagos State. The incident occurred…