The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), on Tuesday, March 31, 2026, re-arraigned the Managing Director of Nadabo Energy Limited, Abubakar Ali Peters, over
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The foreign exchange (FX) market witnessed increased demand during Thursday’s trading session, driven by risk-off sentiment among Foreign Portfolio Investors (FPIs). The heightened demand tilted the market toward the bid
Justice Dehinde Dipeolu, sitting at the Federal High Court in Ikoyi, Lagos, on Wednesday ordered the appearance of 16 alleged contemnors, including top officials of Stanbic IBTC Bank Plc, over
Former Governor of Kaduna State, Malam Nasir El-Rufai, on Tuesday withdrew the ₦1 billion fundamental rights enforcement suit he filed against a magistrate of the FCT Magistrate’s Court, who was
President Bola Tinubu has approved a ₦3.3 trillion payment plan aimed at settling long-standing debts in Nigeria’s power sector, in a move expected to improve electricity supply and restore investor
The Federal Government has increased its planned borrowing for the 2026 fiscal year to ₦29.2 trillion, up by ₦11.31 trillion from earlier estimates, as lawmakers finalise the 2026 Appropriation Bill.
Nigeria’s aggregate Value Added Tax (VAT) revenue stood at ₦2.28 trillion in Q3 2025, according to the National Bureau of Statistics (NBS). In its latest report released on Tuesday, the
Justice O. M. Anyachebelu of the Anambra State High Court sitting in Awka has convicted and sentenced Engineer Nnaemeka Nwawka, Managing Director of Orient Petroleum Resources Plc, and the Sage
The Economic and Financial Crimes Commission (EFCC) has filed a comprehensive appeal at the Court of Appeal, Lagos Division, challenging the acquittal of former Niger Delta Development Commission (NDDC) Executive
Long queues are beginning to build up at MRS filling stations where Premium Motor Spirit (PMS), also known as petrol, is sold below ₦1,000 per litre, as consumers rush in
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