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The Economic and Financial Crimes Commission has arrested the Director General of the Nigerian Energy Commission, Mustapha Abdullahi, on charges of money laundering, Blow report. A source at the EFCC confirmed the news to journalists on Wednesday. He said Abdullahi was arrested in Abuja and is currently in the custody of the commission for questioning over alleged N500 billion fraud. …

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Investors in the Nigerian equity market earned N440 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Livestock Feeds, Daar Communications and CWG, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 252,508.19 points from 252,411.67 points the previous day. After five hours of …

The National Chairman of the People’s Redemption Party, Hakeem Baba-Ahmed, has explained why former Labor Party presidential candidate Peter Obi and former New Nigeria People’s Party presidential candidate Rabiu Kwankwaso ultimately did not join the party ahead of the 2027 general elections. Speaking during a political program aired on DITV Kaduna on Tuesday, Baba-Ahmed said discussions between the PRP and …

*Bank of Industry expands national reach, launches new financing for MSMEs and youth empowerment The Managing Director/Chief Executive Officer of the Bank of Industry, Dr. Olasupo Olusi, has described the media as Nigeria’s most important development partner, stressing that effective communication remains critical to national growth and institutional impact.Speaking during an interactive session with media partners in Lagos, Olusi said …