Court Strikes Out Nnamdi Kanu's N50bn Suit Against FG
Federal High Court dismisses Nnamdi Kanu's N50 billion rights violation case against Nigerian government due to lack of diligent prosecution. Read full details.
Category : Search result: N50 billion Rights Issue
Commission Seeks Regulation to Protect Nigerians
The Nigeria Law Reform Commission calls for strong regulations to protect citizens from medical negligence and harmful religious practices. Read more on the urgent need for reform.
Obiano's N4bn Money Laundering Trial Adjourned Indefinitely
Federal High Court adjourns former Anambra Governor Willie Obiano's N4 billion money laundering case indefinitely. EFCC requests delay for original judge's return. Full details inside.
FirstBank Lends N200bn to Nigerian SMEs in 2024
FirstBank has disbursed over N200 billion to Nigerian SMEs, tackling funding gaps with uncollateralized loans and business training to foster economic growth.
Nigeria loses $18bn yearly to procurement fraud
Federal Government exposes $18 billion annual loss to procurement corruption, demands transparency in public contracts to fund national development projects.
SERAP defends mandate in N5bn suit against DSS officials
SERAP tells court it promotes economic rights, not anti-government criticism, in N5bn defamation case. Case adjourned to February 19 for final addresses.
Lumumba to Deliver UNILORIN's 50th Anniversary Lecture
Renowned speaker Prof. Patrick Lumumba will deliver the University of Ilorin's 50th-anniversary lecture. The event features a N500bn endowment fund and a Nollywood premiere. Don't miss this historic celebration!
Shehu Sani counters El-Rufai's N1bn bandit payment claim
Former Senator Shehu Sani denies El-Rufai's accusation that Kaduna government paid bandits N1 billion. Sani reveals El-Rufai's own history of appeasing terrorists during his tenure. Read the full explosive details.
FG Opens N50m Student Grant Portal for STEMM Students
Nigerian undergraduates in STEMM fields can now apply for up to N50 million equity-free funding from the Federal Government's Student Venture Capital Grant. Applications are open.
TETFund opens N1.39bn female hostel in Rivers
TETFund has commissioned a new N1.39 billion, 244-bed female hostel at Ken Saro-Wiwa Polytechnic, Bori, to ease student accommodation. The N50m student grant is also on track.
VFD Group Redeems N12.8bn CP, Strengthens Position
VFD Group Plc successfully redeems N12.83 billion Series 5 Commercial Paper, demonstrating strong liquidity and financial discipline ahead of Rights Issue closing.
N20bn Money Laundering Case Adjourned to Dec 16
Federal High Court Lagos adjourns Taiwo Ibitola Taiwo's N20 billion money laundering case to December 16, 2025. The businesswoman faces fraud and conversion charges over family inheritance.
Court awards N20.7bn against petroleum marketer
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Man Discovers N1.1bn Gold Bars in His Backyard
A man in France struck gold, unearthing bars worth over N1.1 billion while excavating for a swimming pool. He reported the find to authorities. Discover the legal twist!
Lagos N200bn Bond Oversubscribed by 55%
Lagos State's landmark ₦200 billion bond issuance closed with 55% oversubscription, signaling strong investor confidence in Nigeria's economy and the state's development agenda.
Bauchi Rep Spends N1bn on Constituency Projects
Kabiru Yusuf, Alkaleri-Kirfi federal lawmaker, disburses N1 billion empowerment items including vehicles, motorcycles, and cash to constituents in Bauchi.
Bimbo Ademoye's Dad Makes Acting Debut in Her Movie
Nollywood star Bimbo Ademoye gets emotional as her father makes his acting debut in her new movie M.A.F.H. after she promised him N30 billion. See the heartwarming video and fan reactions.
Woman wins N2.5bn from husband's side chick
A North Carolina woman successfully sued her husband's mistress for N2.5 billion in damages under alienation of affection law. Discover how the court ruled in this groundbreaking case.
Fola Crosses 1 Billion Career Streams Milestone
Nigerian Afrobeats star Fola surpasses 1 billion streams globally in his debut year. Discover how his album 'Catharsis' and unique sound propelled this historic achievement.
Osun Passes N705bn 2026 Budget for Second Reading
Osun State Assembly approves N705 billion 2026 appropriation bill for second reading. Governor Adeleke's 'Budget of Economic Transformation' focuses on infrastructure and citizen welfare.
FG Opens N50m Student Venture Capital Grant Portal
Nigerian students can now apply for the FG's N50 million equity-free venture capital grant. Applications open at svcg.education.gov.ng for STEMM innovations with Google partnership benefits.
Akande hails Aiyedatiwa on Ondo development
APC chieftain Bisi Akande applauds Governor Lucky Aiyedatiwa for transforming Ondo State into industrial hub through massive investments and inclusive governance.
Ondo Assembly Members Pass No-Confidence Vote on Speaker
Ondo State House of Assembly in crisis as 12 lawmakers pass vote of no confidence against Speaker Olamide Oladiji over alleged N50m misappropriation. EFCC investigation demanded.
Uncertainty as ex-Anambra gov Obiano reportedly dies
Controversy surrounds the reported death of former Anambra State governor Willie Obiano in London. Get the latest updates on his health status and ongoing EFCC trial.
US Supreme Court Backs Trump's Passport Gender Policy
In a landmark decision, the US Supreme Court has upheld the Trump administration's controversial passport gender policy, requiring citizens to provide medical evidence for gender marker changes.
Nigeria's Legitimacy Crisis Over Unchecked Killings
Human Rights Watch exposes Nigeria's deteriorating security situation as unchecked violence and lack of government accountability threaten the nation's democratic foundations.
Presco Plans ₦23.7 Billion Rights Issue for Expansion
Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.
Nigeria's N300B Publishing Industry Needs Urgent Reforms
Nigeria's once-thriving publishing sector, valued at N300 billion, faces collapse due to multiple challenges. Industry experts reveal how policy reforms could revive this crucial cultural and economic asset.
Ellah Lakes Secures ₦2.36BN for Agricultural Expansion
Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.
Presco Plc Launches ₦23.7B Rights Issue for Expansion
Leading Nigerian agro-industrial company Presco Plc announces strategic ₦23.7 billion rights issue to finance expansion projects and boost palm oil production capacity across Nigeria.
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