IFC targets Nigeria’s livestock, energy sectors with fresh investment drive
The International Finance Corporation (IFC) says it will immediately send a team to Nigeria to explore scalable investment opportunities in livestock production, energy, and housing. IFC Managing Director, Makhtar Diop, disclosed this on Thursday during a meeting with President Bola Tinubu on the sidelines of the 13th Africa CEO Summit in Kigali, Rwanda. Diop, who led an IFC delegation that included...
EFCC arraigns woman over N328.5m fraud
The Economic and Financial Crimes Commission has arraigned a woman, Adeyinka Nike Aderonmu, before the Federal High Court in Abuja over alleged fraud involving N328.5 million. Aderonmu was arraigned on Wednesday by the Kaduna Zonal Directorate of the EFCC before Justice E. U. Akpan on a three-count charge bordering on the transfer and retention of funds suspected to be proceeds...
Lagos court jails businessman for $247,390 fraud
Justice Mojisola Dada of the Lagos State Special Offences Court sitting in Ikeja has convicted and sentenced businessman Kingsley Obasi to seven years imprisonment over a $247,390 fraud case. Obasi and his company, Great King Parkson Industrial Company, were prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission on a one-count charge bordering on stealing. The...
EFCC arraigns bank MD, one other over N19m, $30,000, N20m fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned the Managing Director of Viscount Microfinance Bank, Blessing Gozi-Anyaokei, before the Federal High Court sitting in the Maitama area of Abuja over alleged fraud. Gozi-Anyaokei is being prosecuted on a two-count charge bordering on illegal conversion and obtaining money by false pretence. One of the counts read: “That you, Blessing Gozi-Anyaokei, sometime...
Tinubu calls for unity, fairness as APC begins nationwide primaries
President Bola Ahmed Tinubu has urged members of the All Progressives Congress (APC) to embrace unity, fairness, and sportsmanship as the party commences its nationwide primaries ahead of the 2027 general elections. In a statement released from the State House on Thursday, Tinubu described the primaries as a defining moment for the ruling party, saying the exercise would test the...
NBC appeals court order halting sanctions against broadcasters
he National Broadcasting Commission has filed an appeal against a Federal High Court ruling that restrained it from sanctioning broadcast stations and presenters under certain provisions of the Nigeria Broadcasting Code. The appeal followed an interim injunction granted by Justice Daniel Osiagor of the Federal High Court in Lagos, which barred the commission from enforcing parts of the code used...
Mimiko joins APC, backs Tinubu’s re-election
Former Ondo State Governor Segun Mimiko on Thursday joined the All Progressives Congres (APC) at Ward 7, Ondo West Local Government Area of the state. Mimiko, who recently resigned from the Peoples Democratic Party (PDP), was received by APC executives at the ward, local government and state levels, alongside supporters and party faithful. Speaking after his formal admission into the ruling...
Lagos disburses N1.9bn to small businesses
The Lagos State Government says it disbursed nearly N1.9 billion in loans and grants to Micro, Small and Medium Enterprises (MSMEs) in 2025 as part of efforts to stimulate economic growth and support entrepreneurship. Commissioner for Wealth Creation and Employment, Akinyemi Ajigbotafe, disclosed this on Thursday during the 2026 Ministerial Press Briefing held in Alausa, Ikeja. According to him, the intervention...
Kaduna intensifies flood preparedness, launches awareness campaign
The Kaduna State Government has stepped up flood preparedness measures and launched a statewide public awareness campaign following forecasts of above-normal rainfall during the 2026 rainy season. This follows the 2026 Seasonal Climate Prediction released by the Nigerian Meteorological Agency, which identified Kaduna among states at high risk of flooding. In a statement issued by the Commissioner for Information and Culture,...
Wike debunks PDP-APM alliance, says Makinde running ‘419 politics’
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has dismissed reports of an alleged alliance between the Peoples Democratic Party (PDP) and the Allied Peoples Movement (APM), describing the claim as "Political 419." Speaking with journalists in Abuja on Thursday, May 14, 2026, Wike accused Oyo State Governor Seyi Makinde of misleading Nigerians with claims of a PDP-APM...
