News
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FG Awards ₦114.85bn Contract for Osogbo–Iwo–Ibadan Road Reconstruction
ABUJA — The Federal Government of Nigeria has awarded a ₦114.85 billion contract for the full reconstruction of the 73-kilometer…
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EFCC Hands Over Recovered N837million to Katsina State Governor
The Economic and Financial Crimes Commission (EFCC), Kano Zonal Directorate, on Monday, May 18, 2026 officially handed over recovered monetary…
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NNPC Probe: EFCC Secures Final Forfeiture of Private Jet
The Economic and Financial Crimes Commission, EFCC, on Monday, May 18, 2026, secured a final forfeiture order of a Hawker…
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EFCC Reinvites Osun Accountant-General Over N30bn Stadium Contract
The Economic and Financial Crimes Commission has reinvited Osun State Accountant-General Rasheed Olalere Alabi over allegations tied to a N30…
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Court Dismisses Varsity Don’s N2bn Damages’ Suit against OOU
An Industrial Court sitting in Ibadan, the Oyo State capital, has dismissed a N2 billion damages claim against Olabisi Onabanjo…
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FCMB Group: A Value Trap in a Value Stock’s Clothing?
FCMB Group Plc checks every box for a classic value investor: low multiples, strong earnings growth, and a reliable dividend.…
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Sterling Bank: Cheap on Paper, Expensive on Conviction
Sterling Financial Holdings Company Plc is the kind of stock that makes value investors pause and skeptics roll their eyes.…
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Wema Bank Faces N125bn Asset Recovery Suit: A 20-Year-Old Bank Collapse Returns to Court
The Nigeria Deposit Insurance Corporation has taken Wema Bank to the Federal High Court in Lagos over assets and payments…
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Two Security Guards Sentenced to Life Imprisonment for Raping Six-Year-Old Child
Two security guards, James Sule, 30, and Adamu Yau, 25, have been sentenced to life imprisonment for the serial rape…
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Nigeria’s First S&P Upgrade Since 2012: A Credibility Signal Now Faces the Execution Test
On 15 May 2026 S&P Global Ratings raised Nigeria’s long-term foreign and local-currency sovereign credit ratings to ‘B’ from ‘B-’,…
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