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Economy

It’s always about the economy, stupid…

Economy

Ndokwa Residents Protest Over 16-Year Power Outage

Jackson Kachi | Senior News Editor -
KWALE, Nigeria — Hundreds of residents from the Ndokwa area of Delta State on Monday, June 16, 2025, staged a large-scale protest over the...
Crime

Emefiele Granted ₦2 Billion Bail Over Alleged Estate Fraud, Proxy Accounts

Jackson Kachi | Senior News Editor -
ABUJA — A High Court of the Federal Capital Territory (FCT) on Monday, June 16, 2025, granted bail in the sum of ₦2 billion...
Business

Mohammed Abacha Escalates Malabu Oil Battle to Supreme Court in Bid to Reclaim Controversial Asset

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Mohammed Abacha, son of the late military Head of State, General Sani Abacha, has initiated legal proceedings to appeal a recent...
Business

Customs Grounds 60 Private Jets Over Unpaid Duties, Sparks Lobbying and Security Concerns

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Federal Government, through the Nigeria Customs Service (NCS), has grounded approximately 60 private jets across major Nigerian airports as part...
Business

Dangote Says Nigerians Pay Half the Petrol Price of West African Neighbours

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Aliko Dangote, President of the Dangote Group, has revealed that Nigerians are currently paying only 55 per cent of what citizens...
Crime

EFCC Files New Charges Against Emefiele Over Alleged Multi-Billion Naira Estate and Proxy Accounts

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Economic and Financial Crimes Commission (EFCC) has filed a fresh eight-count charge against former Central Bank of Nigeria (CBN) Governor...
Crime

Emefiele Allegedly Received $17.1m in Cash Through Proxy, EFCC Tells Court

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — An operative of the Economic and Financial Crimes Commission (EFCC) has told a Lagos court that Godwin Emefiele, the former governor...
Business

Tinubu Grants 14-Day Ultimatum to Rent Defaulters as Wike Intensifies Crackdown

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — President Bola Tinubu has issued a 14-day ultimatum to property owners in the Federal Capital Territory (FCT) who have defaulted on...
Business

EFCC Recovers Funds, Makes Arrests in CBEX Crypto Fraud Case

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has announced the recovery of funds and the arrest...
Business

NDPHC Warns of Power Crisis as Debt Soars to ₦600 Billion

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Niger Delta Power Holding Company (NDPHC) has raised alarm over a mounting N600 billion debt owed by the Nigeria Bulk...
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