Alleged N110.4bn Kogi Fraud: Witness Tells Court He Paid 50–60 Percent of Tax Consultancy Commission to Kogi Revenue Officials

A prosecution witness in the ongoing trial of former Kogi State Governor, Yahaya Adoza Bello, on Wednesday, June 17, 2026, told the Federal Capital Territory, FCT, High Court, Maitama, Abuja, that he paid between 50 and 60 percent of the commissions earned by his company from consultancy services rendered to the Kogi State Internal Revenue…

Wema Bank’s 5 for 5 Rewards Delivers ₦17.96 Million to 273 Customers in One Month

One month after launching Season 5 of its flagship 5 for 5 Rewards campaign, Wema Bank has rewarded 273 customers with a total of ₦17.96 million, demonstrating the strong early impact of its refreshed customer rewards platform and reinforcing its commitment to rewarding everyday banking. Launched on May 2, 2026, as part of the Bank’s…

Dangote Expects Over $4bn Annual Forex Earnings from Fertiliser Exports

The Dangote Group has reinforced its long-standing partnership with the Africa Finance Corporation (AFC) through the signing of a $600 million loan facility to support the expansion of its fertiliser production capacity, an important milestone in advancing food security across Nigeria and the African continent. The financing, extended to GreenView Fertilizer Corporation (Greenview), the Dangote…

Stanbic IBTC Pension Managers Concludes Retirement Education Drive Across Five Cities

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has successfully concluded its 2026 Pre-Retirement Seminar series, reaching about 3,714 pre-retirees across Lagos, Akure, Port Harcourt, Abuja, and Kano. Spanning five of Nigeria’s most economically significant cities, the annual series has firmly established itself as one of the most impactful and far-reaching retirement education…

Nigeria’s Economy May Not Survive on Statistical Manipulation

  BY BLAISE UDUNZE Nigerians should gear up to start seeking accountability from those in power because the country is gradually entering one of the most dangerous phases in its economic history, not merely because inflation is high, unemployment is worsening, or public debt is rising, but because the institutions responsible for telling them the…

Alleged N36m Fraud: EFCC Arraigns Blessing CEO in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, on Friday, May 15, 2026, arraigned a social media influencer and self-styled relationship therapist, Okoro Blessing Nkiruka, (also known as Blessing CEO), before Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, over an alleged N36…

Lagos Seals Buildings, Malls, Hotels For Noncompliance With Lift Safety Regulations

The Lagos State Government has sealed several buildings, shopping malls and hotels for failing to comply with mandatory lift and elevator safety regulations. The enforcement operations, carried out by the Lagos State Safety Commission on Thursday, affected more than 12 facilities across key locations, including Admiralty Way in Lekki Phase I and parts of Ikeja.…

Q1 2026: Zenith Bank Crosses N1 Trillion Mark In Gross Earnings

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross Earnings, from N950 billion reported in Q1 2025 to N1.01 trillion in Q1 2026. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of account submitted to the Nigerian…

LIRS Extends Deadline for Filing of Individual Annual Income Tax Returns to April 14

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of Individual annual tax returns by two weeks, from April 1 to April 14, 2026. In a statement issued on Monday, the Executive Chairman of LIRS, Dr. Ayodele Subair, explained that the statutory deadline for filing of individual annual tax returns is…

Dangote Petroleum Refinery Denies Media Speculation on Potential Listing

Dangote Petroleum Refinery and Petrochemicals (“DPRP” or the “Enterprise”) has noted with concern the recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering (“IPO”). DPRP further notes that several online platforms and unofficial sources have published unverified, and in some instances inaccurate, information relating to a potential…