N585m Scandal: Betta Edu Arrives EFCC Office for Questioning The suspended Humanitarian Affairs and Poverty Alleviation Minister, Betta Edu, has arrived at the Economic and Financial Crimes Commission Headquarters. Edu was invited by the EFCC over alleged N585 million fraud in her ministry. She was suspended on...

NGX Sustains Bullish Trade as Investors Gain N3.5tn on Seventh Day  The rally on the Nigerian Exchange Limited entered its seventh day on Monday, resulting in a daily gain of N365bn and a compound gain of N3.5tn from the rally which started on December 28,...

UN Says High Debt, Inflation Threaten Nigeria’s Economic Growth in 2024 The United Nations has disclosed that rising public debt, persistent inflation, high cost of living, and a weak business environment, will continue to pose a downward risk to Nigeria’s growth prospects. In its ‘World Economic...

Interconnect Debt: NCC to Disconnect Glo Customers from calling MTN The Nigerian Communications Commission says it will soon bar Globacom customers from making calls to MTN lines soon due to alleged non-settlement of interconnect charges. The NCC disclosed this on Monday in a public notice signed...

Dangote Reclaims Top Position as Africa's Richest on Forbes Billionaire List Nigeria’s Aliko Dangote has reclaimed his post as the richest person in Africa, according to Forbes Real-Time Billionaires. Last week, South African business tycoon, Johann Ruper, took over the position from Dangote. According to the ranking...

N110bn Debt: NERC Dissolves Kaduna Disco’s Board, Plans Sale The Nigerian Electricity Regulatory Commission, on Monday, announced the dissolution of the board of directors of Kaduna Electricity Distribution Company over the Disco’s inability to pay N110bn debt owed to the Nigeria Electricity Supply Industry. In a...