Category: Finance
Ekiti ADC Kicks as Court Remands House of Assembly Candidate Over Alleged Rape
Ado Ekiti, Ekiti State, Nigeria,Thursday, May 28, 2026 A Magistrate Court in Ado Ekiti, the capital of Ekiti State, has ordered the remand of Ayodele Babatola, the African Democratic Congress (African Democratic Congress (ADC)) candidate for Ado Constituency 1 in the Ekiti State House of Assembly, over allegations of rape. Babatola was reportedly arrested and…
At Sallah Mini Durbar: Emir of Gombe Hails Inuwa Yahaya Over LCDAs, Seven Years of Transformational Leadership
Gombe, Gombe State – May 28, 2026 Governor of Gombe State, Muhammadu Inuwa Yahaya, CON, on Thursday led top government officials, political leaders and other dignitaries to the Emir’s Palace to witness the colourful traditional mini Sallah Durbar, popularly known as Jafi, as part of activities marking the 2026 Eid-el-Kabir celebration. A statement issued by…
Fidelity Bank Recorded N434bn Gross Earnings in Q1 2026 — Up by 37%
Lagos, Nigeria — May 27, 2026 Fidelity Bank Plc has announced a strong financial performance for the first quarter of 2026, recording gross earnings of N434.95 billion, representing a 37.9 percent increase compared to the N315.42 billion posted during the same period in 2025.The bank disclosed this in a statement released on Tuesday, attributing the…
UCHE NNAJI, EX-MINISTER WHO RESIGNED OVER ‘CERTIFICATE FORGERY’, WINS ENUGU PDP GUBER TICKET
ENUGU, NIGERIA — MAY 27, 2026 Former Minister of Innovation, Science and Technology, Uche Nnaji, has emerged as the governorship candidate of the Peoples Democratic Party (PDP) in Enugu State ahead of the 2027 general election. Nnaji secured victory in the party’s gubernatorial primary after polling 7,424 votes to defeat his closest rival, Samson Nnamani,…
FG Approves 50% Train Fare Discount For Eid-el-Kabir
Abuja, Nigeria — May 26, 2026 The Federal Government has approved a 50 percent reduction in train fares across the country ahead of the Eid-el-Kabir celebration, in a move aimed at easing transportation costs for Nigerians traveling during the festive season.The announcement was disclosed in a statement issued by Osima Gift Seddon on behalf of…
Illegal Mining: Court Orders Final Forfeiture of Mining Site, Trucks, Lithium Stones to FG
LAGOS, NIGERIA – MAY 25, 2026 Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of properties recovered from Chinese nationals and Nigerians involved in illegal mining activities in Ogun State to the Federal Government of Nigeria. The ruling, delivered on Friday, May 22, 2026, affected assets…
Calabar Court Sends Two Fraudsters to Jail
Calabar, Cross River State, Nigeria, Wednesday, May 20, 2026 The Uyo Zonal Directorate of the Economic and Financial Crimes Commission on Wednesday, May 20, 2026, secured the conviction and sentencing of two internet fraudsters before Justice Rosemary Oghoghorie of the Federal High Court sitting in Calabar, Cross River State.The convicts, Ike Eusta-Prince Eziomume and Victor…
EFCC Arraigns One for Alleged Job Scam in Gombe
Gombe, Gombe State, Nigeria,May 22, 2026 The Economic and Financial Crimes Commission (EFCC) has arraigned one Dalhatu Yahaya before the Gombe High Court 2 over allegations of a job scam involving the sum of ₦3.5 million.The suspect was arraigned on Thursday, May 21, 2026, by the Gombe Zonal Directorate of the Economic and Financial Crimes…
DELTA STATE POLICE RESCUES 3-YEAR-OLD GIRL, NABS SUSPECTED CULTIST, RECOVERS GUNS, RANSOM CASH
Asaba, Delta State – May 22, 2026 Operatives of the Delta State Police Command have rescued a three-year-old girl who was allegedly kidnapped by a commercial motorcyclist assigned to take her to school daily.According to a statement by the Police, the suspect, identified as Kelvin Ogaga, allegedly abducted the child and demanded a ransom of…
Dangote Refinery Targets $2bn Investments From Private Investors Ahead of IPO
LAGOS, NIGERIA – MAY 20, 2026 President of the Dangote Group, Aliko Dangote, has disclosed that the company is targeting about $2 billion in investments from private investors for the Dangote Petroleum Refinery ahead of its planned Initial Public Offering (IPO). Dangote made the disclosure on Wednesday during a visit by Femi Otedola, chairman of…