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BOI Disburses N108 Billion to 921 Women-Owned Businesses to Bridge Gender Gap

In a significant move to empower women entrepreneurs and bridge the gender gap in Nigeria’s economy, the Bank of Industry (BOI) has disbursed N108 billion in loans to 921 women-owned businesses. The initiative, announced during BOI’s commemoration of International Women’s Day 2025, underscores the bank’s commitment to expanding access to financing and business opportunities for…

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‘It is Illegal’ – Lawyers Condemn Senate’s Suspension of Akpoti-Uduaghan

Legal experts have strongly criticized the Nigerian Senate’s decision to suspend Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central) for six months, describing the action as illegal, unconstitutional, and a violation of her fundamental rights. The suspension, announced on Thursday, has sparked widespread condemnation, with lawyers arguing that it disregards a valid court order and sets a…

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Senate Suspends Senator Akpoti-Uduaghan for Six Months Amid Sexual Harassment Allegations

The Nigerian Senate has suspended Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central) for six months over allegations of misconduct during a protest against the reassignment of her seat by Senate President Godswill Akpabio. The suspension, which took effect immediately, bars Akpoti-Uduaghan from participating in all legislative activities and requires her to vacate her office and hand…

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National Theater Transformation to Unlock $25 Billion Creative Sector Potential, Says CBN Governor Cardoso

Lagos, Nigeria – The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has declared that the transformation of the National Theater in Lagos will serve as a catalyst for unlocking the $25 billion income potential of Nigeria’s creative sector. Cardoso made the statement during a press briefing following a tour of the upgraded National Theater,…

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Akpabio Denies Sexual Harassment Allegations as Senator Natasha Submits Fresh Petition

Senate President Godswill Akpabio has vehemently denied allegations of sexual harassment leveled against him by Senator Natasha Akpoti-Uduaghan, describing the claims as baseless and unfounded. The denial came on Wednesday during the resumption of plenary in the Senate, following a week-long recess, as the legislative body grappled with the escalating controversy. Senator Akpoti-Uduaghan had initially…

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Navy Destroys Three Illegal Refining Sites in Delta, Intensifies Fight Against Economic Sabotage

The Forward Operating Base (FOB) Escravos of the Nigerian Navy has deactivated three illegal refining sites in Delta State, marking another significant stride in the ongoing battle against crude oil theft and economic sabotage. Navy Captain Ikenna Okoloagu, Commanding Officer of FOB Escravos, disclosed this to newsmen on Tuesday in Warri, highlighting the success of…

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FCCPC to Arraign MTN CEO, Others on May 28 for Alleged Breach of Act

The Federal Competition and Consumer Protection Commission (FCCPC) is set to arraign Karl Toriola, the Managing Director and Chief Executive Officer (MD/CEO) of MTN Nigeria Communications Plc, alongside other top executives, on May 28, 2025. The charges stem from allegations of failure to produce documents and information required by the commission in compliance with a…

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