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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.

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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Impact of Nigeria’s Growing Tech Industry on the Economy

Nigeria’s tech industry drives economic growth, job creation, and foreign investment, advancing the nation’s shift from oil dependence.

NDIC Begins Heritage Bank Asset Sale To Repay Depositors

NDIC starts selling of assets of Heritage Bank to recover unpaid depositors money.

NCDMB Launches $40 Million Funding for Female-Led Oil Firms

NCDMB launches $40 million fund to boost female-led businesses, aiming to close gender gap in Nigeria's oil and gas industry

PTML Customs Reports N288 Billion Revenue Surge

PTML Command set a record with N288 billion revenue in 2024, marking 34.8% growth and enhanced enforcement efficiency.

Nigeria’s Black Market Dollar Rate Now ₦1,740/$ As Demand Rises

Naira trade in NGN/$ at the PMA at ₦1,740/$ and the official rate touches ₦1,678.87/$.

Transforming Global Agriculture and Economics

The rise of agribusiness transforms global food production and economies while driving environmental shifts and challenging small-scale farmers' livelihoods

Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3bn Fraud

Dana Air MD Hathiramani Ranesh faces an arrest warrant for failing to appear in court over an alleged N1.3 billion fraud case

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.

Dangote Refinery Accuses Competitor of Selling Substandard Petroleum Products

Dangote Refinery calls out substandard fuel imports in Nigeria and urges government action to protect local industries

Electricity Tariff Hikes: What Nigerians Are Saying

Tariff hikes deepen frustration as Nigerians face rising energy costs and unreliable service, straining households and businesses alike.

Yuletide drives Petrol Consumption to 50 million Litres

Nigeria’s daily fuel demand climbs to 50 million liters ahead of the yuletide, despite subsidy removal and price hikes

Access Bank eyes Dollar-denominated securities deal with DFIs

Access Bank plans a dollar securities sale in two tranches, leveraging Nigeria’s successful $900 million bond to boost capital and growth.

Latest articles

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.

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

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

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.

One Dead, Three Rescued in Lagos Building Collapse

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