Category : Search result: 56 billion compensation


Nigerian Air Force Pays Sokoto Airstrike Compensation

The Nigerian Air Force has paid compensation to families affected by the December 2024 accidental airstrike in Sokoto that killed 13 civilians. Details on the investigation and new civilian harm mitigation plan inside.

Dangote Demands Retraction or Faces N100bn Suit

Aliko Dangote gives Kaduna businessman Kailani Mohammed 7 days to retract libellous publication accusing him of 'unclean business' or face a N100 billion lawsuit. Full details.

Falana, Imoudu Family Reject N23m Lagos Land Offer

Human rights lawyer Femi Falana and the family of labour icon Michael Imoudu have rejected a N23 million compensation from Lagos State for land valued at N250m, calling for a labour museum instead.

Dangote Issues N100bn Defamation Ultimatum

Aliko Dangote threatens a N100 billion lawsuit against Engr. Kailani Mohammed over alleged defamatory claims about his business past. The businessman has seven days to retract and apologize.

Air Force Compensates Sokoto Airstrike Victims

The Nigerian Air Force has finally handed over compensation to families affected by the December 2024 accidental strike in Sokoto. The move follows criticism over civilian casualties in anti-bandit operations. Read the full report.

Actress Doris Ogala Arrested in Live Stream Drama

Nollywood actress Doris Ogala was reportedly taken into custody by police during a live interview. The arrest follows her N1 billion legal demand against Pastor Chris Okafor over a breached marriage promise.

Falana, Imoudu Family Reject N23m Lagos Land Offer

Femi Falana and the Imoudu family have rejected a N23m compensation from the Lagos State government for land valued at N250m. They demand fair payment or a labour museum. Read the full story.

Lord's Chosen Marks 23 Years, Pursues 10 Billion Soul Mandate

Pastor Lazarus Muoka leads The Lord's Chosen Charismatic Revival Movement in celebrating 23 years of ministry, driven by a divine vision to win 10 billion souls for heaven. Read about their anniversary retreat and global evangelism mission.

Musk Wins Appeal for $56 Billion Tesla Pay Package

A Delaware court has reversed a previous ruling, clearing the way for Tesla CEO Elon Musk to receive his contested $56 billion compensation. Get the full details on this landmark business decision.

Air India Crash: Victim Families, Survivor Get Compensation

Following the 2025 Air India Boeing 787 crash, interim compensation has been paid to the lone survivor, victims' families, and ground survivors. Total liabilities reach hundreds of millions of dollars. Read the full report.

Actress Doris Ogala Sues Pastor Chris Okafor For N1bn

Nollywood actress Doris Ogala files a lawsuit against Pastor Chris Okafor, demanding N1 billion for emotional damage. A Nigerian lady reacts online, questioning the feasibility of the huge sum. Read the full story and public reactions here.

UAE invests $6bn in Africa's tourism sector

The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.

Coursera, Udemy Merge in $2.5B Online Learning Deal

Coursera and Udemy are merging in a $2.5 billion all-stock deal to create a massive online learning platform, expanding access to AI and tech courses worldwide. Learn what this means for Nigerian learners and professionals.

Ngige Granted Bail in ₦2.2bn Fraud Case

Former Labour Minister Chris Ngige has been granted bail by an FCT High Court in his ₦2.2 billion contract fraud trial. The court set strict conditions for his release. Read the full details.

NELFUND Loans: N154.4bn Reaches 788,947 Students

Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.

Fubara: ₦600bn in Rivers Coffers After Emergency Rule

Governor Siminalayi Fubara reveals he met over ₦600 billion in Rivers State's treasury after emergency rule, defending his administration's transparent spending. Read details of the executive-legislature tension.

The Weeknd's $1B Music Deal Explained

The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.

Reps summon 3 DisCos over N100bn debt to FG

The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.

FG Takes Over N47bn Abandoned Kano Road Project

The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.

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