Senate Summons Ex‑NNPCL Boss, Others Over Unaccounted Trillion of Naira
Abuja — Nigeria’s Senate has summoned former top officials of the Nigerian National Petroleum Company Limited (NNPCL) to explain an alleged ₦210 trillion in financial discrepancies flagged in the company’s audited accounts. The Senate Committee on Public Accounts issued the summons on Thursday, March 5, 2026, following a review of audit reports covering the company’s […]
EFCC Returns N279 Million to Wole Soyinka Centre Over National Theatre Contract Fraud
The Economic and Financial Crimes Commission formally handed over N279 million in recovered funds to the Wole Soyinka Centre for Culture and the Creative Arts formerly known as the National Theatre Lagos on Friday March 6, 2026, at the EFCC’s Lagos Zonal Directorate 2 office in Ikoyi.
30 Banks Meet CBN Recapitalisation Target
No fewer than 30 banks have met the new minimum capital requirements introduced under the banking sector recapitalisation programme of the Central Bank of Nigeria. The apex bank disclosed this in a statement on Friday, noting that the recapitalisation exercise, which began in 2024, is progressing steadily across the industry. According to the Acting Director […]
Nigeria Needs 25 Million Tonnes of Maize Annually – FG
The Federal Government has said Nigeria requires no fewer than 25 million tonnes of maize annually to meet domestic demand and strengthen national food security. The Minister of State for Agriculture and Food Security, Aliyu Abdullahi, made this known on Friday, March 6, 2026, during the Quarterly Citizens and Stakeholders’ Engagement meeting held in Abuja. […]