How Foreign Countries Aid Nigeria's $400B Political Loot
Academic research reveals Nigerian officials stole over $400B, with funds held in wealthy nations. Explore the slow recovery process and key cases like Abacha. #Nigeria #Corruption
Category : Search result: N200 billion assets
FG Takes Over N47bn Abandoned Kano Road Project
The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.
Elon Musk's Net Worth Surpasses $600 Billion
Elon Musk makes history as the first person to achieve a $600 billion net worth. Discover how Tesla, SpaceX, and AI ventures fueled this unprecedented wealth milestone.
Trump Files $10 Billion Defamation Lawsuit Against BBC
US President Donald Trump sues BBC for $10 billion, alleging defamation over edited 2021 speech. The scandal led to resignations at the broadcaster. Read the full details.
EU Summit Debates Using Frozen Russian Assets for Ukraine
EU leaders meet in Brussels to decide on funding Ukraine's war effort, debating a risky plan to use €200 billion in frozen Russian central bank assets. Will they reach a deal?
ADC to Protest FG's N500bn Debt to Contractors, Pensioners
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Shettima launches N1bn family business grants
Vice President Kashim Shettima launched a N1 billion family business grant initiative in Akwa Ibom, empowering 3,000 families. The programme aligns with Tinubu's Renewed Hope Agenda.
Natasha to Prove Akpabio Sex Harassment Claims in Court
Civil society groups say Senator Natasha Akpoti-Uduaghan now has a lawful platform to prove sexual harassment allegations against Senate President Godswill Akpabio, following his N200 billion lawsuit. Read the full details.
Abode Assets Rewards Team with Qatar, Rwanda Training
Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.
N185bn Approved to Settle Gas Debts for Power Boost
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt
The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.
Friday Osanebi Donates ₦1bn for Delta Christmas Celebrations
Former Delta Deputy Speaker Friday Osanebi releases ₦1 billion for Christmas support to Deltans. The massive donation includes food items and cash to ease economic hardship. Read details of the distribution and a related crime update.
Zulum laments N100bn security spend, contractors scared
Borno Governor Babagana Zulum reveals spending N100 billion on security in 2025, but contractors still refuse projects due to threats. Read his plan to bypass the crisis.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Zulum: Borno spent N100bn on security in 2025
Governor Babagana Zulum discloses Borno State spent about N100 billion on security in 2025, stalling road projects and development. Read about the impact and plans.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
Zamfara's N861bn 2026 Budget Targets Growth
Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.
House Issues 72-Hour Ultimatum to PAP Boss Over N26bn
The House of Representatives demands PAP Coordinator Dennis Otuaro appear before its committee over N26bn audit queries. Failure could lead to an arrest warrant. Meanwhile, nine PAP scholars graduate in the UK.
Reps Threaten Arrest of Amnesty Boss Over ₦26bn Probe
The House of Representatives gives Amnesty Programme boss Dr. Dennis Otuaro 72 hours to appear over ₦26 billion audit queries or face arrest. Read the full details.
Radda Pledges Timely Finish for N19.6bn Daura Road
Katsina Governor Dikko Radda assures Daura residents of the 2026 completion of the N19.6bn ring road dualisation to ease traffic and boost the economy. Read more on the state-wide tour and infrastructure plans.
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
Contractors Protest N760bn Debt, Disrupt Ministry
Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.
House Probes Missing N30bn NSIPA Fund, Demands Action
The House of Representatives investigates over N30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation schemes. Lawmakers warn delayed funds worsen hardship. Read more.
Contractors Protest ₦500bn Unpaid Contracts at Finance Ministry
Indigenous contractors protest at Nigeria's Finance Ministry over ₦500 billion unpaid debts, accusing the government of reneging on promises. They demand payment to save jobs and businesses.
Reps Probe Missing ₦30bn NSIPA Funds
The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.
TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron
TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Trump Commutes Sentence of $1.6B Fraud Executive
Outrage as US President Donald Trump frees David Gentile, who defrauded 17,000 investors of $1.6bn, after only 12 days in jail. Read the shocking details.
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