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Dangote Group Appoints Former CBN Director as Chief Economist in Major Strategic Move

The Dangote Group has announced the appointment of Dr. Mahmud Hassan, a renowned economist and former director at the Central Bank of Nigeria (CBN), as its new Group Chief Economist. In a statement released on Monday, December 15, the continent's largest conglomerate stated that Dr. Hassan's appointment is a strategic move designed to bolster its economic advisory capacity at a time of significant volatility in both global and domestic markets. He will serve as the company's principal adviser on economic strategy, policy analysis, and market trends, reporting directly to the group's President, Aliko Dangote. A Veteran with Deep Institutional Expertise Dr. Mahmud Hassan brings over three decades of high-level economic policy and financial sector experience to the role. His long career at the Central Bank of Nigeria included senior positions such as: *   Director of the Trade and Exchange Department *   Director of the Monetary Policy Department...

Danjuma to Inaugurate West Africa's Premier Logistics Hub in Lagos

Retired General TY Danjuma is set to inaugurate a major new logistics park in Lagos on Monday, December 8, 2025. The facility, developed by his company TY Holdings, is described as the largest and most advanced logistics hub in West Africa. The TY Logistics Park FZE, located at Alaro City in the Lekki Free Zone, will be officially opened at 11 a.m. along the Lekki-Epe Expressway. Spanning 90,000 square meters, the park is designed to offer comprehensive third-party logistics services. These include warehousing, inventory management, last-mile distribution, and several value-added services for businesses. The development is expected to significantly improve supply chain efficiency and trade facilitation in Nigeria. By attracting further investment and strengthening logistics networks, the park aims to support the rapid economic growth of the Lekki corridor. The launch of the TY Logistics Park marks a key milestone in Nigeria's infrastructure devel...

Former Nigerian Central Bank Governor Emefiele Denies "Fabricated" Terrorism Financing Allegations

LAGOS, Nigeria — Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has issued a forceful denial of allegations linking him to terrorism financing, labeling the claims as entirely fabricated and malicious. In a statement released on Saturday, December 6, 2025, Emefiele responded to media reports that purportedly named him among individuals accused of financing terrorist activities within Nigeria. He categorically rejected the accusation, stating it was a deliberate attempt to damage his reputation and mislead the public. "The allegation was categorically and unequivocally fabricated, baseless, and a deliberate attempt to malign my name, mislead the public, and sow confusion for motives best known only to the publishers and their sponsors," Emefiele asserted. The former bank chief emphasized the gravity of the fight against terrorism, arguing it should not be undermined by irresponsible journalism. "The fight against terror...

Retired Army General Exposes Alleged High-Level Plot to Derail Boko Haram Financing Probe

A retired Major General who led a presidential anti-terrorism task force has made explosive allegations, claiming his high-stakes investigation into the funding of Boko Haram was systematically sabotaged to protect powerful figures in the former government, including an ex-Attorney General and former army chiefs. A Presidential Probe and Abrupt Detention Retired Major General A.M. Ali-Keffi has publicly detailed a concerted effort by powerful interests to shut down a sensitive investigation that linked terrorism suspects to Nigeria's political and military elite. Appointed by former President Muhammadu Buhari in 2021 to lead "Operation Service Wide" (OSW), Ali-Keffi's mandate was to identify and dismantle the financial networks of Boko Haram. The task force, collaborating with the Nigerian Financial Intelligence Unit (NFIU), made significant arrests in March 2021 based on detailed financial intelligence. However, the investigation took a dramat...