Nigeria’s anti-graft agency is examining the financial activities of all 774 local government chairmen amid growing scrutiny over how councils have utilised funds received since gaining financial autonomy. The Economic

North Korean hackers have been linked to the theft of approximately $6.3 billion in cryptocurrency from Binance, the world’s largest cryptocurrency exchange, in what cybersecurity experts describe as the biggest

Binance has committed more than $6.34 billion in company funds to cover losses suffered by users following a massive security breach that saw hackers steal an estimated $6.3 billion in

The Federal Government will begin reclaiming undeveloped oil and gas blocks from October 31, 2026, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) moves to enforce the “drill or drop”

Nigeria’s naira could strengthen further against the US dollar, with Deutsche Bank identifying the currency as undervalued and adding the country to its frontier foreign exchange monitor. The German lender

Nigeria’s oil sector utilised $2.15bn in foreign exchange between January and June 2026, representing an 18.7 per cent decline from the $2.64bn recorded in the corresponding period of 2025, despite

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has said Nigeria’s fiscal crisis forced policymakers to explore alternative sources of revenue and foreign exchange, warning that dependence on oil earnings

Nigeria’s foreign exchange reserves climbed to $58.81 billion on October 12, moving close to their highest level in nearly 18 years after a sharp increase in the country’s dollar holdings

Nigeria has climbed four places to rank eighth among Africa’s most investable economies, emerging as the continent’s biggest climber in the 2026 Bloomberg Economics Investment Risk-O-Meter. The latest assessment, published

The Ogun State Government and the Nigerian National Petroleum Company Limited (NNPC Ltd.) have opened discussions on reviving the long-delayed Olokola Liquefied Natural Gas (OKLNG) project as major port and

Aliko Dangote has responded to a Kenyan court challenge involving his proposed $16 billion refinery, recalling a previous legal battle in Senegal and insisting his group is prepared to defend its projects.

A Federal High Court in Lafia, Nasarawa State, has convicted 21 companies over the operation of investment-related businesses without valid licences from the Securities and Exchange Commission (SEC). Justice Anyalewa

The Dangote Refinery IPO is bringing retail investors into the centre of Nigeria’s capital-market expansion, with a low entry threshold and digital distribution channels drawing strong interest from everyday Nigerians.

Kebbi Government has warned that inaccurate claims about the ₦21.5bn Hajj remittance could create religious tension in the state.

The UK acquittal of former Petroleum Resources Minister Diezani Alison-Madueke has renewed questions about the future of corruption investigations and asset-recovery proceedings involving her in Nigeria.

A minimum investment of ₦5,250 could give Nigerians an opportunity to acquire shares in Dangote Refinery under the proposed IPO.

EFCC Chairman Ola Olukoyede says the vice-chancellor’s residence at a recently forfeited private university may be larger than President Bola Tinubu’s official residence at Aso Rock.

32-year-old Moniepoint Field Loan Officer has been arrested in Yobe as police investigate an alleged ₦74 million fraud.

Nigeria’s external reserves have risen to $54.08 billion, exceeding the CBN’s 2026 projection and reaching the highest level since 2008.

The Federal Workers Forum says the ₦70,000 minimum wage has been eroded by rising living costs and naira depreciation, demanding a new ₦300,000 wage structure.

Governor Umo Eno says the expansion of Ibom Air and other aviation investments are creating jobs and strengthening Akwa Ibom’s economic position as another Airbus joins the fleet.

Akwa Ibom’s Q2 2026 budget report has come under scrutiny after BudgIT identified major information gaps that make it difficult to track government spending.

The Federal Government is investigating a 100MW electricity discrepancy along the Ikorodu-Sagamu corridor after monitoring systems revealed an estimated N120bn in unaccounted energy value.

Billionaire businessman Femi Otedola has raised his stake in First HoldCo Plc to 27.70 per cent after spending N273.59bn on a series of share purchases, bringing him closer to the 30 per cent threshold that triggers a mandatory takeover offer under Nigeria’s capital market rules.

Governor Uba Sani says Kaduna has taken no new loans since he assumed office, even as the state pays N6.7bn monthly from FAAC revenue to service inherited debt.

LAGOS — Dangote Cement is considering buying its own ships after encountering difficulties securing vessels to transport cement from Nigeria to other West African countries. The company’s head of international

A group of major energy and investment companies is weighing a potential acquisition of Shell’s US chemicals operations in a transaction that could be worth up to $8 billion. ExxonMobil

Global oil markets are facing renewed uncertainty after US President Donald Trump threatened a sweeping economic campaign against Iran and Tehran warned that it could halt oil exports from the

Binance has warned its customers to avoid transactions involving 17 cryptocurrency platforms after introducing new restrictions linked to regulatory developments. The affected businesses operate across several jurisdictions, including Nigeria, the