Trump Files $10 Billion Defamation Lawsuit Against BBC
US President Donald Trump sues BBC for $10 billion, alleging defamation over edited 2021 speech. The scandal led to resignations at the broadcaster. Read the full details.
Category : Search result: N50 billion capital base
ADC to Protest FG's N500bn Debt to Contractors, Pensioners
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
Imo seals hotel, mortuary in kidnap syndicate probe
Imo State Government seals facilities linked to a wanted kidnap kingpin after discovering mutilated bodies. Police suspect illegal organ harvesting. Public demands probe into police unit.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Iran Abandoned Assad Days Before His Ousting
Exclusive report reveals how Iranian forces and diplomats fled Syria in December 2024, leaving Bashar al-Assad to his fate as rebels closed in on Damascus. Discover the inside story.
Air Chief Visits Pilots After Niger State Jet Crash
The Chief of the Air Staff commended two NAF pilots who safely ejected after an Alpha Jet crash in Niger State. An investigation into the cause is underway. Read the full story.
Military Jet Crash in Niger: NAF Explains Incident
A Nigerian Air Force Alpha Jet crashed shortly after take-off from Kainji Base. Both pilots ejected safely, steering the aircraft away from populated areas. An investigation is underway.
Shettima launches N1bn family business grants
Vice President Kashim Shettima launched a N1 billion family business grant initiative in Akwa Ibom, empowering 3,000 families. The programme aligns with Tinubu's Renewed Hope Agenda.
Military Jet Crashes in Niger, Pilots Survive
A Nigerian Air Force Alpha Jet crashed near Karabonde, Niger State. Both pilots ejected safely. Eyewitnesses report the incident occurred around 4:10 PM. Read the full details.
Natasha to Prove Akpabio Sex Harassment Claims in Court
Civil society groups say Senator Natasha Akpoti-Uduaghan now has a lawful platform to prove sexual harassment allegations against Senate President Godswill Akpabio, following his N200 billion lawsuit. Read the full details.
N185bn Approved to Settle Gas Debts for Power Boost
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
Friday Osanebi Donates ₦1bn for Delta Christmas Celebrations
Former Delta Deputy Speaker Friday Osanebi releases ₦1 billion for Christmas support to Deltans. The massive donation includes food items and cash to ease economic hardship. Read details of the distribution and a related crime update.
Zulum laments N100bn security spend, contractors scared
Borno Governor Babagana Zulum reveals spending N100 billion on security in 2025, but contractors still refuse projects due to threats. Read his plan to bypass the crisis.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Zulum: Borno spent N100bn on security in 2025
Governor Babagana Zulum discloses Borno State spent about N100 billion on security in 2025, stalling road projects and development. Read about the impact and plans.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
Zamfara's N861bn 2026 Budget Targets Growth
Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.
House Issues 72-Hour Ultimatum to PAP Boss Over N26bn
The House of Representatives demands PAP Coordinator Dennis Otuaro appear before its committee over N26bn audit queries. Failure could lead to an arrest warrant. Meanwhile, nine PAP scholars graduate in the UK.
Reps Threaten Arrest of Amnesty Boss Over ₦26bn Probe
The House of Representatives gives Amnesty Programme boss Dr. Dennis Otuaro 72 hours to appear over ₦26 billion audit queries or face arrest. Read the full details.
Imo Police Deny 'Tiger Base' Slaughterhouse Claims
Imo Police Command refutes social media allegations of torture & organ harvesting at 'Tiger Base,' calling it a smear campaign. CP Danjuma establishes a Human Rights Desk.
Radda Pledges Timely Finish for N19.6bn Daura Road
Katsina Governor Dikko Radda assures Daura residents of the 2026 completion of the N19.6bn ring road dualisation to ease traffic and boost the economy. Read more on the state-wide tour and infrastructure plans.
Imo Police Deny Torture, Organ Harvesting Allegations
The Imo State Police Command has dismissed viral allegations of torture and organ harvesting against its Tiger Base unit. The Commissioner has approved a new Human Rights Desk for oversight.
Paramount Africa Shuts Down, MTV Base & BET Africa Go Off-Air
Paramount Africa ceases operations in Nigeria & South Africa after 20 years. MTV Base & BET Africa will disappear from DStv & GOtv on January 1, 2026. Details here.
Imo Police Refute 'Tiger Base' Abuse Allegations
Imo State Police Command dismisses viral video alleging torture and organ trafficking at its anti-kidnapping unit. Commissioner establishes Human Rights Desk for oversight.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
Contractors Protest N760bn Debt, Disrupt Ministry
Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.
House Probes Missing N30bn NSIPA Fund, Demands Action
The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.
Contractors Protest ₦500bn Unpaid Contracts at Finance Ministry
Indigenous contractors protest at Nigeria's Finance Ministry over ₦500 billion unpaid debts, accusing the government of reneging on promises. They demand payment to save jobs and businesses.
Reps Probe Missing ₦30bn NSIPA Funds
The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
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