Nigerian NewsDirect

Atiku demands independent judicial probe over alleged N1.3bn ghost agency scandal

By Precious Mark Former Vice President Atiku Abubakar has demanded an independent, forensic public probe into an alleged N1.3 billion scandal involving a "ghost Federal Government Agency" operating from within the heart of the presidency. In a statement issued on Thursday by the Atiku Media Office, the opposition leader challenged the administration of President Bola ...

ICPC, PenCom recover N3bn from pension defaulters

By Taiwo Scholarstica The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the National Pension Commission (PenCom) have recovered more than N3 billion in unremitted pension contributions from defaulting employers, marking a major milestone in the Federal Government’s efforts to enforce compliance with pension laws and protect the retirement savings of Nigerian workers. ...

Shell, Banks launch $3bn contractor support fund

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) today took a major step towards empowering Nigerian contractors with the launch of a $3-billion Contract Finance Facility in partnership with nine leading Nigerian banks. The facility is designed to provide credit support for local contractors executing projects for SNEPCo operations and will be available in both ...

BOI appoints Kuramo Capital to manage $170 million DICE Fund of Funds

The Federal Government of Nigeria has taken a historic step in its commitment to the nation’s technology and creative economy, appointing Kuramo Capital Management as Fund Manager of the DICE Fund of Funds under the Investment in Digital and Creative Enterprises (iDICE) Programme. The contract was signed in Abuja on Tuesday, 30 June 2026, between ...