Court dismisses N1bn fraud case against MTN ex-staff
Lagos High Court acquits MTN ex-staff and contractor in N1bn fraud case after settlement. EFCC ordered to return seized assets and properties immediately.
Category : Search result: N500 billion endowment fund
NASC to refund N6.9bn for contract inflation
Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without approvals. Read the shocking details of financial misconduct.
Abia Pays 20-Year Pension Arrears: N60bn for Retirees
Abia State government starts phased payment of N60 billion pension arrears owed since 2001. Governor Alex Otti brings relief to retirees after two decades of waiting.
SERAP sues Akpabio, Abbas over ₦18.6bn payments
SERAP files lawsuit against National Assembly leaders over missing ₦18.6bn for commission complex. Demand full accountability and transparency in public funds management.
NASC to refund N6.93bn for inflated contracts
Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without due process. Chairman ordered to account for funds or face sanctions. Read full details.
Nigeria Launches Emergency GBV Response Fund
Federal Government announces emergency fund to combat gender-based violence and support survivors. New initiative launched during 16 Days of Activism against GBV.
Google Funds N3 Billion Digital Skills Programme
Google.org commits N3 billion to advance Nigeria's digital transformation through AI talent development and cybersecurity training. Learn how this initiative creates job opportunities.
Court Strikes Out Nnamdi Kanu's N50bn Suit Against FG
Federal High Court dismisses Nnamdi Kanu's N50 billion rights violation case against Nigerian government due to lack of diligent prosecution. Read full details.
Southern Governors Establish Zonal Security Fund
Southern Nigerian governors have agreed to create a regional security fund and enhance intelligence sharing to combat rising insecurity. The move aims to strengthen coordinated responses across state lines.
DSS: Mamu Got N50m from Terrorist Leader Shugaba
DSS witness reveals alleged terrorist negotiator Tukur Mamu received N50m from Abuja-Kaduna train attack ransom fund. Case adjourned to February 2026.
Obiano's N4bn Money Laundering Trial Adjourned Indefinitely
Federal High Court adjourns former Anambra Governor Willie Obiano's N4 billion money laundering case indefinitely. EFCC requests delay for original judge's return. Full details inside.
Reps query non-implementation of PIA environmental funds
House of Representatives committee warns of deepening ecological crisis in Niger Delta as ₦1.65 trillion environmental funds remain unimplemented four years after PIA enactment. Urgent action needed.
African Unions Propose Humanitarian Fund for Workers
African trade unions vow to move beyond lamentation, launching a coordinated peace effort and a humanitarian fund to support workers in conflict zones across the continent.
FirstBank Lends N200bn to Nigerian SMEs in 2024
FirstBank has disbursed over N200 billion to Nigerian SMEs, tackling funding gaps with uncollateralized loans and business training to foster economic growth.
Senate Confronts Nigeria's Health Funding Gap
Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.
Workshop Aims to Solve Mining Finance Challenges
ORDF and SMDF will host a workshop on Dec 9, 2025 in Abuja to address mining sector funding gaps and develop a sustainable finance framework for Nigeria's economic growth.
Nigeria loses $18bn yearly to procurement fraud
Federal Government exposes $18 billion annual loss to procurement corruption, demands transparency in public contracts to fund national development projects.
Tompolo gets honorary doctorate from ECU
Edwin Clark University confers an honorary doctorate on Tompolo for his transformative contributions to education and regional security. The university also unveils a N10 billion endowment fund.
SERAP defends mandate in N5bn suit against DSS officials
SERAP tells court it promotes economic rights, not anti-government criticism, in N5bn defamation case. Case adjourned to February 19 for final addresses.
7th Lagos Kids Mini Marathon Set for December 2025
St. Saviour's School Ikoyi launches the 7th Lagos Kids Mini Marathon on December 6, 2025. Children aged 5-14 can participate in fitness races supporting education.
Lumumba to Deliver UNILORIN's 50th Anniversary Lecture
Renowned speaker Prof. Patrick Lumumba will deliver the University of Ilorin's 50th-anniversary lecture. The event features a N500bn endowment fund and a Nollywood premiere. Don't miss this historic celebration!
Shehu Sani counters El-Rufai's N1bn bandit payment claim
Former Senator Shehu Sani denies El-Rufai's accusation that Kaduna government paid bandits N1 billion. Sani reveals El-Rufai's own history of appeasing terrorists during his tenure. Read the full explosive details.
Olaogun Community Launches N300m Health Fund
Olaogun community in Agbado, Ogun State, is set to raise N300 million for its health centre during the Olaogun Community Day on November 29, 2025. Join the initiative for better healthcare.
Stanbic IBTC Supports 200 Children with Prosthetic Limbs
Stanbic IBTC celebrates supporting 200 children through Together4ALimb initiative, providing prosthetic limbs and education trust funds. Join the movement for inclusive education.
VFD Group Redeems N12.8bn CP, Strengthens Position
VFD Group Plc successfully redeems N12.83 billion Series 5 Commercial Paper, demonstrating strong liquidity and financial discipline ahead of Rights Issue closing.
$800,000 Oxygen Investment in Cross River Health
Federal Government and NACA unveil $800,000 oxygen infrastructure in Cross River health facilities, enhancing emergency care services across the state. Discover how this investment transforms healthcare delivery.
N20bn Money Laundering Case Adjourned to Dec 16
Federal High Court Lagos adjourns Taiwo Ibitola Taiwo's N20 billion money laundering case to December 16, 2025. The businesswoman faces fraud and conversion charges over family inheritance.
Court awards N20.7bn against petroleum marketer
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Health Coalition Warns of Nigeria's Dwindling Health Sector
The Health Sector Reform Coalition raises alarm over Nigeria's underfunded health system, warning of disrupted immunisation and maternal care. Urgent action is needed to stop the 'Japa' syndrome.
Man Discovers N1.1bn Gold Bars in His Backyard
A man in France struck gold, unearthing bars worth over N1.1 billion while excavating for a swimming pool. He reported the find to authorities. Discover the legal twist!
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