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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
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Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the driver’s five-year-old son in an ambush along the Gundumi-Isa road in Sokoto State. Three other people were reportedly injured, while another passenger remained missing after the attack on Wednesday. The...

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Five Underlying Forces Fueling Nigeria’s Persistent Inflation Crisis

KEY POINTS Reliance on fuel imports, forex illiquidity, and regulatory bottlenecks add hidden costs...
Business

NPA Refutes Multi-Billion Naira Fraud Allegations

NPA denied claims of multi billion naira fraud, claiming the agency operates in complete compliance with procurement laws and is subject to all time check.
Business

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.
Business

Nigerian Senate Passes Historic Tax Reform Bills to Overhaul Revenue Collection System

KEY POINTS The Senate passed bills to replace FIRS with a unified Nigeria Revenue...
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Aliko Dangote’s Refinery: I’m Still Fighting Cabals

The $20 billion refinery owned by Aliko Dangote faces ongoing sabotage attempts due to opposition from established oil import cartels and select international oil companies who want to stop Nigerian domestic refining efforts.
Business

Nigeria, Brazil Deepen Economic Ties with Focus on Energy, Aviation

KEY POINTS Nigeria and Brazil are advancing partnerships in energy, aviation, and agriculture, with...
Business

Court Rules Out Naira Redesign Suit Against Buhari, Emefiele

A ₦1bn suit against Buhari and Emefiele over the naira redesign policy has been struck out after the plaintiff failed to appear in court.
Business

Tribunal Upholds $220 Million Fine on Meta and WhatsApp

The Nigerian tribunal confirmed a $220 million fine on Meta and WhatsApp for consumer law violations.
Business

Forensic Audit Set for NNPCL, Says Finance Minister Edun

Finance Minister Wale Edun announces a forensic audit of NNPCL, aligning with reforms aimed at boosting investor confidence and economic growth.
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World Bank Appoints Aliko Dangote to Global Investment Lab for Emerging Economies

KEY POINTS Aliko Dangote has been appointed to the World Bank’s Private Sector Investment...
Business

Protesters Demand Probe Into Ex-NNPCL Boss Kyari’s Tenure

Protesters stormed the AGF’s office demanding an investigation into Mele Kyari’s tenure at NNPCL, focusing on alleged corruption and a $2 billion debt.
Business

NNPC Announces Petrol Price Reduction Across Major Nigerian Cities

KEY POINTS NNPC reduces petrol prices to N880/litre in Lagos and N935/litre in Abuja, marking the first...
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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.
News

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...
News

Atiku presses INEC to publish 103m voters’ register as 2027 nears

Atiku says INEC’s online display of its 103 million voter register was blank from Oct. 9 to 15, and wants the list published now.
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One Dead, Three Rescued in Lagos Building Collapse

KEY POINTS One person has died and three others have been injured after a...