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Rescued Nigerians Recount Sexual Abuse by Chinese Employers in CAR

KEY POINTS Rescued Nigerians recount sexual abuse ordeal in CAR. Government agencies coordinated rescue and medical aid. Survivors receive cash support for reintegration. Tears rolled down faces in Abuja on Friday as 12 Nigerian men, freshly rescued from the Central African Republic, relived a nightmare...

FRSC Chief Links Negligence to Kano Crash

FRSC boss blames negligence for Kano crash that killed 12, warning transporters to renew unsafe fleets and comply with road safety rules.

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Leaked Documents Reveal Seyi Tinubu Co-Owned Offshore Company with Chagoury

Leaked documents reveal Seyi Tinubu co-owned an offshore company with Ronald Chagoury Jr., sparking concerns over a $13 billion contract.

Tinubu Committee and Dangote Refinery Agree on September Petrol Rollout

Nigeria's government and Dangote Refinery agree on September petrol rollout, shifting crude oil sales to naira.

NNPC Pledges 221,000 BPD to Finance $6.6 Billion Debt

NNPC pledges 221,000 bpd to service a $6.6 billion debt, aiming to stabilize Nigeria’s energy sector and meet financial obligations.

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.

MTN and Airtel Make a Strong Comeback

MTN Nigeria and Airtel Africa, two of Nigeria's leading telecommunications companies, are charting a...

US Crude Supplies 30% of Dangote Refinery Feedstock

Dangote Refinery sources 30% of its crude from the US, emphasizing global energy market connections.

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.

Lagos Market Traders Struggle Without Amenities: A Call for Change

Approximately 2,000 women who trade in Mushin and Oyingbo markets, Lagos State’s bustling commercial...

Morocco, South Africa, Egypt Dwarf Nigeria’s $210M Auto Industry

Nigeria’s $210 million automotive industry struggles due to low demand and reliance on imported cars.

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

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Rescued Nigerians Recount Sexual Abuse by Chinese Employers in CAR

KEY POINTS Rescued Nigerians recount sexual abuse ordeal in CAR. Government agencies coordinated rescue...

FRSC Chief Links Negligence to Kano Crash

FRSC boss blames negligence for Kano crash that killed 12, warning transporters to renew unsafe fleets and comply with road safety rules.

Triumph Over Legal Tyranny: Billionaire Benedict Peters’ £50m UK Property Battle Ends in Victory

After nearly a decade of legal siege, £50 million worth of prime London properties...

Lagos Commissioner Says New Tenancy Law Will Shield Tenants

Lagos proposes a new tenancy law aimed at protecting tenants from exploitation while safeguarding landlord rights in Nigeria’s biggest city.