Category: Finance
Senate Approves $516.3m Loan Request for Sokoto–Badagry Superhighway
Abuja, Nigeria, Wednesday, April 29, 2026 The Senate has approved President Bola Ahmed Tinubu’s request for a $516.3 million loan to support the execution of the Sokoto–Badagry Superhighway project. Lawmakers clarified that the loan, sourced from Deutsche Bank AG, is intended to serve as a financial lifeline to prevent delays in the implementation of the…
Alleged $6.23m Fraud: Police Commissioner Confirms Emefiele Approved Payment to Foreign Election Observers
Abuja, Nigeria — April 29, 2026 A Commissioner of Police, Eloho E. Ekpoziakpho, on Tuesday told a Federal Capital Territory (FCT) High Court in Maitama, Abuja, that investigations into the alleged fraudulent withdrawal of $6.23 million from the Central Bank of Nigeria (CBN) revealed that the payment was approved by former CBN Governor, Godwin Emefiele….
Reps Approves $516 Million Loan Request For Sokoto–Badagry Super Highway
Abuja, Nigeria — April 29, 2026 The House of Representatives has approved a $516 million loan request by Bola Ahmed Tinubu to finance critical sections of the proposed Sokoto–Badagry Super Highway.The approval followed deliberations by lawmakers, who expressed support for the project as a strategic infrastructure investment aimed at boosting national connectivity and economic growth….
Alleged N1.63bn Money Laundering: EFCC Re-arraigns Bauchi Accountant-General, One Other
Abuja, Nigeria — April 29, 2026 The Economic and Financial Crimes Commission (EFCC) on Tuesday, April 28, 2026, re-arraigned Bauchi State Accountant-General, Sirajo Muhammad Jaja, alongside an alleged unlicensed Bureau de Change operator, Aliyu Abubakar, before the Federal High Court in Abuja over alleged money laundering amounting to N1.63 billion. The defendants were re-arraigned before…
Financial Literacy: NNPC Foundation Trains Batch A Stream 2 Corps Members
Abuja, Nigeria — April 29, 2026 The NNPC Foundation Ltd./Gte has continued its corporate social responsibility drive on youth empowerment with the training of Batch A, Stream 2 corps members of the National Youth Service Corps (NYSC) in financial literacy and entrepreneurship.The training, which took place over the weekend at the NYSC Orientation Camp in…
OPay Leads Discussion on Africa’s Financial Future at BusinessDay Fintech Summit 2026
Lagos, Nigeria,Wednesday, April 22, 2026 OPay, a leading financial technology company in Nigeria, played a prominent role as headline sponsor at the inaugural BusinessDay Fintech Summit 2026 held at the Oriental Hotel in Lagos. The summit, themed “The Next Financial Frontier: Intelligence, Infrastructure & Inclusion in Africa’s Digital Money Economy,” brought together stakeholders across the…
Workers’ Rights, Better Conditions Remain Priority, Says NUPENG’s New President
Lagos, Nigeria — April 27, 2026 Salimon Oladiti, the newly elected president of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has reaffirmed the union’s commitment to protecting workers’ rights and improving working conditions across the oil and gas sector. Oladiti made this known over the weekend during the 6th quadrennial delegates conference…
Nigeria Launches CNG Vehicle Conversion Financing Scheme — Here Is What It Means for Drivers
The Federal Government has taken a step that could genuinely matter to millions of Nigerian drivers — launching a financing scheme that makes converting vehicles to Compressed Natural Gas far more accessible than it has been up to this point. The Presidential Initiative on Compressed Natural Gas (PiCNG & EV) introduced the Vehicle Conversion Financing…
GOV. DAPO ABIODUN CON PROPOSES ₦1.668TRN 2026 BUDGET OF SUSTAINABLE LEGACY
Today marked a pivotal milestone in our existence as a State, democratic government, and patriotic services to the good people of Ogun State as the Honourable Commissioner for Finance and Chief Economic Adviser, Hon Otunba OlaDapo AbdulRahman Okubadejo joined his visionary and pragmatic political Leader and Boss, His Excellency, Prince Dr Dapo Abiodun CON, formally…
APC IJEBU ODE LEADERS & STAKEHOLDERS MEETING
The meeting started with a minute silence in honour of Hon. Fatai Atoyegbe Ward 6 party chairman and Hon Prince Abimbola, former Local government appointee. The meeting was declared open by the Ijebu-Ode APC Party Chairman, Hon Suraju Logere, and the HonourableCommissioner for Finance and Chief Economic Adviser, Hon. Dapo Okubadejo expressed his appreciation to…