4 Oil Theft Suspects, Vessel Handed Over in Delta
Tantita Security Services arrests four oil thieves, intercepts vessel MT Thor in Delta. Handover to Inter-Agency Task Force marks a key step in curbing economic sabotage in Niger Delta. Read details.
Category : Search result: Cabotage Vessel Financing Fund
Terrorists Using PoS to Collect Ransom - FG
The FG reveals terrorists are exploiting PoS operators to collect ransom, making funds harder to track. Security agencies are collaborating with tech firms to dismantle their networks.
Terrorists Use PoS for Ransom, FG Alerts Public
The Nigerian government warns terrorists are using PoS agents to collect ransom, evading detection. Security agencies are working with social media giants to dismantle terror networks. Read more.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
UBA, Lagride $100m Scheme to Empower 3,500 Lagos Drivers
UBA, Lagride & Lagos State launch a $100m 'Drive to Own' scheme. 3,500 drivers can own a car with 10% equity. CEO shares personal story of driver father. #Empowerment #Lagos
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
Kebbi Youths Protest EFCC Detention of Ex-Minister Malami
Youths in Kebbi State protest the EFCC's detention of former AGF Abubakar Malami, who faces 18 charges including money laundering and terrorism financing. He claims the probe is politically motivated. Read the latest.
Electric Tricycles Launched in Abuja to Combat Pollution
Alpha and Roadrunner unveil electric passenger and cargo tricycles in Abuja. The initiative, featuring a lease-to-own model, aims to cut emissions and boost operator income. #GreenTransport #Nigeria
Africa Reclaims Development Wheel After USAID Freeze
The abrupt freeze of USAID funding forces African governments and civil society to recalibrate strategies, sparking a crucial shift towards sovereignty and sustainable domestic financing for health and gender programmes.
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
Accion MFB Calls for Urgent Reforms to Finance MSMEs
Accion Microfinance Bank pushes for digital onboarding and value-chain financing to unlock credit for Nigeria's informal sector, crucial for 80% of jobs. Read the key reforms needed.
Audit Bill Stalled in Senate Since 2023, Risks Public Funds
AdvoKC Foundation warns Nigeria's Senate delay on the Audit Service Bill, 2023, weakens financial oversight, enabling theft. Urges immediate passage to protect public money.
LSSTF Launches Team to Monitor Security Assets in Lagos
LSSTF CEO Dr Ayo Ogunsan inaugurates a monitoring team to track vehicles and assets for the RRS, ensuring transparency and accountability in Lagos security funding. Read more.
2026 World Cup Winners to Get $50 Million Prize Money
FIFA announces a record $655 million prize fund for the 2026 World Cup, with winners earning $50 million. See the full breakdown for all 48 teams.
CFG Africa's ₦1bn Ethical Fund Targets 2026 Growth
CFG Africa unveils a ₦1 billion ethical fund for Sharia-compliant investments. Experts at the Lagos forum urge policy shifts to boost Nigeria's real economy. Discover the strategic path for 2026.
Woman's Heartbreak After Financing Boyfriend's Move Abroad
A 37-year-old woman reveals how she brought her boyfriend abroad, financed everything, only for him to fall in love with her pregnant neighbour. Full story and video.
US Firm Petitions IGP Over MT Thor Tanker Vandalism
NUJENIX Corporation petitions IGP Egbetokun over alleged unlawful seizure & vandalism of MT Thor tanker in Nigeria, citing military interference. Read the full details.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
FG Pushes States to Lead Disaster, Poverty Response
Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
LSSTF Boss Urges Innovation to Tackle Lagos Security
Lagos State Security Trust Fund's new CEO, Dr. Ayo Ogunsan, outlines a modern, collaborative strategy for tackling security challenges, including public donations and a major town hall meeting on December 11.
Man Apologises to Wizarab Over False Cancer Fund Claims
A Nigerian man retracts false allegations against influencer Wizarab, accused of tampering with funds for Aunty Esther's cancer treatment. Wizarab's detailed rebuttal highlights key inconsistencies.
How Boko Haram Gets Money: 4 Funding Sources Revealed
Nigerian journalist Ahmad Salkida details Boko Haram's adaptive financial model, from community donations to criminal enterprises, explaining its resilience against military pressure. Read the full analysis.
Prominent Nigerians Deny Terrorism Financing Allegations
Former CBN Governor Godwin Emefiele, ex-AGF Malami, and Ambassador Buratai have issued strong denials after being named in a report revisiting a 2021 terror financing probe. Read their full statements.
Arewa Youths Demand Forensic Probe of FIRS, RHIDF
The Arewa Consultative Youth Movement joins calls for a forensic audit of FIRS and the RHIDF, demanding Chairman Zacch Adedeji step aside. Read the full story on the growing national agitation.
Ex-Army Chief Buratai Denies Terrorism Financing Links
Former Chief of Army Staff, Lt.-Gen. Tukur Buratai, has vehemently denied an online report linking him to terrorism financiers. He calls for a retraction and apology or faces legal proceedings.
Ex-CBN Gov Emefiele Denies Sponsoring Terrorism
Former CBN Governor Godwin Emefiele has vehemently denied allegations of financing terrorism in Nigeria, describing the reports as malicious and baseless. Read his full statement and the context of the claims.
Lawmaker seeks sack of Finance Minister over N4tr debt
Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.
Ex-AGF Malami Refutes Terror Financing Allegations
Former Attorney-General Abubakar Malami dismisses terror financing insinuations as politically motivated. He highlights his anti-terrorism reforms. Read his full statement.
France Boosts Nigeria's GBV Fight with Economic Empowerment Projects
France reaffirms commitment to Nigeria's fight against Gender-Based Violence, investing in 21 local projects across 16 states. Ambassador Marc Fonbaustier highlights economic autonomy as key to protecting women. Read more.
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