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Obinwanne Okeke pleads guilty to N4.2 billion fraud

Obinwanne Okeke, the Nigerian businessman owner of Invictus Group who was arrested in the United States last year, has pleaded guilty to $11 million...

Malami Writes President, Seeks Removal of Magu

Accuses EFCC boss of diversion of recovered loot, insubordinationSays Magu reckless, liability to anti-corruption war The Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami...

DMO explains $3.121bn Chinese loans,

…Says it constitutes 3.94% of $79.3 total public debt …Got FEC, NASS approvals The Debt Management Office, DMO, said yesterday that the total borrowing by Nigeria from...

AIICO Insurance Set for Recapitalisation

AIICO Insurance Plc has submitted an application to the Nigerian Stock Exchange for the approval and listing of a Rights Issue of 4,357,770,954 ordinary shares of...

Reps Probe N494bn Alleged School-Feeding Funds Fraud

The House of Representatives, yesterday, begun probe of over N494 billion budgeted from inception and the identity of the nine  million pupils who benefited from the school...

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NSITF, South Africa’s RMA Sign MOU on Social Insurance, Technical Cooperation

The Nigeria Social Insurance Trust Fund (NSITF) and South...

Transmission Company of Nigeria Restores Alaoji-Owerri 132KV Transmission Lines

The Transmission Company of Nigeria (TCN) says the Alaoji–Owerri...

Nigeria Seeks Partnerships to Build World-Class Steel Industry

Minister of Steel Development, Prince Shuaibu Audu, has called...

Afreximbank Africa Trade Report Shows Africa Can Turn Geopolitical Disruptions into Long-Term Growth Opportunity

The report highlights Africa's continued growth resilience despite significant...
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