EFCC Links Malami's N200bn to Paris Club, Abacha Loot
EFCC investigators uncover how ex-Attorney General Abubakar Malami amassed over N200bn in assets from Paris Club refunds, Abacha loot, and CBN loans. Read the full details.
Category : Search result: N200 billion assets
Banks Shut Branches for Christmas, Urge Digital Banking Use
Nigerian banks and capital market firms will close physical branches for Christmas. Customers are advised to use mobile apps, USSD, and online platforms for uninterrupted services.
NSCDC Deploys 1,293 Personnel for Delta Yuletide Security
The NSCDC deploys 1,293 officers across Delta State for Christmas and New Year security. The operation focuses on critical assets and public safety. Read more on the comprehensive security plan.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
PenCom Hails FG's N758bn Pension Bond Disbursement
PenCom DG Omolola Oloworaran reveals the N758bn pension bond has been cashed, with over N600bn released to beneficiaries. Pension assets now stand at N27 trillion.
US Commits $2.1bn to Nigeria Health, $200m for Christian Facilities
The US and Nigeria have signed a landmark $5.1 billion health agreement. The deal includes $200 million specifically for over 900 Christian faith-based health facilities serving millions nationwide.
Ex-Minister Ngige Denies N2.2bn EFCC Fraud Allegations
Former Labour Minister Chris Ngige pleads not guilty to N2.2bn fraud charges. He insists his three-decade public service record is unblemished. Read the full details of the EFCC case and his defence.
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.
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.
NIVEA Rolls Out N3Billion Gift to Reward Nigerian Consumers
NIVEA Nigeria launches its biggest-ever consumer promo, investing N3 billion in cash prizes, SUVs, and trips to watch Real Madrid live in Spain. Find out how to participate.
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.
Court Restrains Ex-Commissioner in N100bn Otti Defamation Case
An FCT High Court has barred former Abia Information Commissioner Eze Chikamnayo from making defamatory comments against Governor Alex Otti, pending a N100bn lawsuit. Details on the legal battle.
Fidson Healthcare Plans N21 Billion Capital Raise
Fidson Healthcare Plc announces a N21 billion rights issue to boost manufacturing and African expansion. The offer is priced at N35 per share for existing shareholders. Read more.
Fintiri Presents N583bn 2026 Budget to Adamawa Assembly
Governor Ahmadu Umaru Fintiri presents a N583.3 billion 2026 budget focused on capital projects and social programmes. Read the full breakdown of allocations for Adamawa State.
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.
Avon Medical Unveils N200m ICU Facility in Lagos
Avon Medical Practice has opened a N200 million state-of-the-art ICU in Lagos, operating 24/7 with a specialist team. This investment aims to provide world-class critical care locally and reduce the need for medical travel abroad.
4,000 NSCDC Officers Deployed for FCT Christmas Security
The NSCDC FCT Command deploys 4,000 personnel to ensure a peaceful Christmas celebration. Commandant Odumosu orders maximum security at churches, malls, and critical assets.
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.
Chris Ngige Granted Bail in N2.2bn EFCC Case
Former Labour Minister Chris Ngige granted bail by Federal High Court in Abuja. Case adjourned to 2026. Details on the bail conditions and allegations inside.
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.
EU Summit Deadlock Over Russian Assets for Ukraine
EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?
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.
LSSTF Launches Team to Monitor Security Assets in Lagos
LSSTF CEO Dr Ayo Ogunsan inaugurates a monitoring team to track vehicles and assets for the RRS, ensuring transparency and accountability in Lagos security funding. Read more.
Okada Riders Clash with Ogun Councils Over N200 Insurance Fee
Commercial motorcyclists in Abeokuta protest a new N200 daily health insurance levy, calling it exploitation. Council chairmen defend the scheme as vital welfare. Read the full story.
Fubara Confirms ₦600bn in Rivers State Treasury
Governor Siminalayi Fubara confirms Rivers State has ₦600bn in its coffers, pledges detailed public accounting of all funds and project spending. Read the full report.
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.
Drake Breaks His Own Spotify Annual Streaming Record in 2025
Hip-hop superstar Drake has set a new record for the most Spotify streams by a rapper in a single year, surpassing 17.6 billion in 2025. Discover the strategy behind his massive success.
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.
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