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Niger Delta Community Threatens $1 trillion Lawsuit Against IOC, FG.
The host community of oil and gas in the Niger Delta has pledged a trillion-dollar against oil companies and the!-->…
Strike: Aviation Workers Threaten Total Shutdown.
As the second day of their strike begins, aviation workers have threatened to close the nation's airports if the!-->…
Aviation Workers to Delay Flights, Airports Today.
As aviation unions promised on Sunday to start a two-day warning strike on Monday, chaos may erupt at airports!-->…
N’Assembly Demands Jail Time for Those Who Advocate Ponzi Schemes.
The Investment and Securities Bill, which might result in jail time for people in Nigeria who advocate Ponzi!-->…
Lawmakers Call Finance Minister, AGF, Others Over Whistleblower Policy, $2.4…
The Attorney General of the Federation, Abubakar Malami, the Secretary to the Government of the Federation, Boss!-->…
CBN Raises Interest Rate To 18%, Retains Other Parameters
The Central Bank of Nigeria's (CBN) policy-setting committee increased the monetary policy rate (MPR), which!-->…
Tinubu Declared The Winner Of The Presidential Election By INEC.
After receiving 8,794,726 votes to win the 2023 presidential election, Bola Ahmed Tinubu, a former governor of!-->…
Gunshots And Explosions Shake Rivers Radio And TV Stations
In Ozuoba, in the Obio/Akpor Local Government Area of Rivers State, gunmen assaulted a prominent radio station,!-->…
Emefiele Explains Redesign As Naira Crisis Intensifies
The Central Bank of Nigeria failed to clarify the legal tender status of the old notes, which made the problem!-->…
Congestion As Two Containers Crash From The Mile 12 Bridge
Ikorodu Road is blocked as a result of two containers slipping off the back of a trailer on the Mile 12 bridge!-->…
CBN Maintains a February 10 Deadline For The New Naira.
The deadline of February 10, 2023, wasn't necessary, according to Godwin Emefiele, Governor of the Central Bank of!-->…
Breaking: IPMAN Orders Members to Halt Operations and Shutdown Fueling Facilities.
According to reports, the Independent Petroleum Marketers Association of Nigeria (IPMAN), which represents oil!-->…
FG Supports NEPZA’s Initiative to Designate Universities as Economic Zones
The expedited efforts by the Nigeria Export Processing Zones Authority (NEPZA) to designate willing universities!-->…
Elon Musk Releases Starlink in Nigeria At A Discount
Nigeria is the first nation in Africa to benefit from Elon Musk's satellite business, SpaceX, which is now open to!-->…
After The Deadline, Banks Would Still Accept Old Notes — Emefiele
Commercial banks in Nigeria will still accept old naira notes from customers after the February 10 deadline, the!-->…
After Moody’s Downgrading, Investors Sell Off Nigerian Bonds.
According to the report, "Nigeria's sovereign-risk premium jumped the most in three months after Moody's Investors!-->…
Nigeria’s New Naira: Racketeering Thrives In Abuja And Other States
In Abuja, the nation's capital, Lagos, Anambra and other states, black marketers were observed selling the new!-->…
AFDB is Planning a $1.5 billion Food Facility For Nigeria And Other Countries
The African Development Bank has said it has put in place a $1.5bn emergency food production facility to support!-->…
The CBN Has Agreed To Extend Exchanging Old Naira Notes By Ten Days.
CBN governor Godwin Emefiele in a statement said the new deadline is February 10, 2023. Emefiele made the!-->…
The Central Bank of Nigeria has increased interest rates to 17.5%.
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by!-->…
CBN Bans Abuja and Lagos PoS Operators for Cash Swap.
Mobile money/Point of Sales agents in Abuja and Lagos have been cut off from the Central Bank of Nigeria's!-->…
Nigeria: FG wants the London Court to Reverse $11 billion in Damages.
Nigeria was the target of "a campaign of bribery and fraud" regarding a failed gas processing project, its!-->…
Usain Bolt Lost $12 million in Savings as a Result of a Scam.
Usain Bolt, a Jamaican Olympic sprinter, was astonished to find $12 million gone from an account he had with!-->…
Chevron Suing Rita Lori and Others for N300m in Legal Costs.
Rita Lori Ogbebor and other individuals have been brought before the Delta State High Court in Warri by!-->…
CBN: Banks are free to use ATMs to Pay Any denomination.
The Central Bank of Nigeria (CBN) may have rescinded its earlier order prohibiting banks from loading higher!-->…
CBN Plans to Decrease Cash-based Transactions by 2025.
According to the Central Bank of Nigeria, when more of the new naira notes enter the economy in 2025, the use of!-->…
Breaking: New revised Cash Withdrawal Limit By The Central Bank Of Nigeria.
According to the CBN memo released today 06 December 2022, the Central Bank Of Nigeria has revised its cash!-->…
Nigeria Loses More Than 500 Medical Consultants in Two Years to Developed Nations.
According to the Medical and Dental Consultants' Association of Nigeria (MDCAN), between 2020 and 2022, at least!-->…
CBN Protects Naira With $11.24 billion in Seven Months.
To keep the value of the naira stable between January 2022 and July 2022, the Central Bank of Nigeria injected!-->…
Anwar Ibrahim becomes the Tenth Prime Minister of Malaysia, making History.
Anwar Ibrahim, a veteran statesman from Malaysia, was named the nation's next prime minister. Following a lengthy!-->…