Business News
Business and economic news from Nigeria and around the world.
NDLEA dismantles international drug cartel, arrests 3 leaders, seizes N5.3billion worth of cocaine
The National Drug Law Enforcement Agency (NDLEA) has dismantled an international organized criminal group (IOCG) operating between Nigeria, the UK,...
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Enugu govt accuses Sujimoto CEO of defrauding state of N5.7 billion over smart schools project
The Enugu State Government has accused Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, of defrauding the state of N5.7...
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Sujimoto founder Ogundele denies EFCC fraud allegations, cites delays in Enugu projects
Sujimoto Luxury Construction Limited founder Olasijibomi Suji Ogundele has denied allegations of fraud by the Economic and Financial Crimes Commission...
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NDLEA arrests 280 drug suspects in Oyo State, secures 43 convictions in 8 months
The National Drug Law Enforcement Agency (NDLEA), Oyo State Command, says it has arrested 280 suspects and secured 43 convictions...
Read moreDetailsEFCC declares Sujimoto boss, Olasijibomi Ogundele wanted for alleged fraud
The Economic and Financial Crimes Commission (EFCC) has declared Olasijibomi Suji Ogundele, founder of Sujimoto Luxury Construction Limited, wanted for...
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Court convicts Dennis Tamarakuro for defrauding a U.S.-based NGO of over $71,000
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Dennis Tamarakuro, also known as Keisha Reynolds, for...
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President Tinubu leaves for Europe on 10-day annual vacation
President Bola Ahmed Tinubu departed the Nigerian capital on Thursday to begin a 10-day working vacation in Europe, according to...
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U.N. halts air service in Nigeria over lack of funds after 9 years
The United Nations has shut down a critical air service in Nigeria’s northeast, citing severe funding shortages that threaten to...
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NiMet forecasts nationwide rain, thunderstorms from Thursday to Saturday
The Nigerian Meteorological Agency (NiMet) predicted that most parts of the country would experience thunderstorms and moderate to heavy rains...
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EFCC arrests Gavice Logistics CEO for alleged N2 billion Ponzi scheme fraud
The Economic and Financial Crimes Commission (EFCC) has arrested Mr. Ahamba Tochukwu, Chief Executive Officer of Gavice Logistics Limited, over...
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