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Dangote Refinery Raises $2.5 Billion In Private Placement, Eyes August Public Listing0
Dangote Petroleum Refinery has successfully raised $2.5 billion through a private placement as it moves closer to becoming a publicly listed company, with an initial public offering (IPO) expected as early as August. The development was disclosed by a senior executive of the refinery, who said the fundraising exercise attracted strong investor interest and forms
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I Will Resign In 48 Hours If You Prove Me Wrong – Wike Dares Critics Over Road Projects0
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has challenged his critics to publicly disprove his administration’s claims on road construction across the FCT, declaring that he would resign if they succeed. The minister said his administration has awarded contracts for 317 kilometres of roads in satellite towns across the territory, with 221 kilometres
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President Tinubu Signs Executive Order On Virtual Assets, Digital Economy0
President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, introducing a unified framework aimed at strengthening the regulation of virtual assets, enhancing inter-agency collaboration and promoting responsible innovation in Nigeria’s digital economy. The Executive Order, signed pursuant to Section 5 of the 1999 Constitution (as amended), takes immediate effect and
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Court Delivers Ruling On Suit Seeking To Recognise Turaki-led PDP0
A Federal High Court in Abuja has struck out a suit seeking to compel the Independent National Electoral Commission (INEC) to recognise and publish the names of the Kabiru Turaki-led interim National Working Committee (NWC) of the Peoples Democratic Party (PDP). Justice Salim Ibrahim ruled that the plaintiffs, led by Chairman of the PDP Board
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Malami To Appeal Forfeiture Of 48 Properties0
Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has vowed to challenge the Federal High Court judgment ordering the final forfeiture of 48 properties linked to him, insisting the legal battle is far from over. The decision follows Wednesday’s ruling by Justice Joyce Abdulmalik of the Federal High Court in Abuja,
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Full List Of Public Assets Named After Tinubu0
The Federal Government has officially renamed the Lagos-Calabar Coastal Highway after President Bola Tinubu, making it the latest addition to a growing list of public infrastructure and institutions named in his honour since he assumed office in May 2023. Minister of Works, David Umahi, announced the decision on Thursday, explaining that the 750-kilometre highway was
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