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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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CardinalStone Seeks $120 Million for West Africa SMEs

CardinalStone is raising a $120 million fund to invest in profitable SMEs across West Africa, betting on mid-market businesses as the region’s next growth engine
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Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.
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CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.
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EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.
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Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election
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Alakija Donates $23 Million Teaching Hospital to Osun University

Nigeria’s richest woman donates a $23 million teaching hospital to Osun State University, expanding medical training, specialist care, and healthcare infrastructure capacity
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Festive Season Pressure Sends Nigeria’s Inflation to Four-Month High

Nigeria’s November inflation climbed month-on-month as festive demand and insecurity lifted food prices, despite easing annual inflation trends.
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Dangote Lowers Petrol Prices, Fuel Importers Face Billions in Losses

Dangote’s petrol price cut has triggered a price war, cutting pump prices but causing huge losses for importers and fuel marketers.
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US Embassy Warns Nigerians of Permanent Bans Over Visa Fraud

The US Embassy in Abuja warns Nigerians that visa fraud, false claims or fake documents can result in permanent bans under US law.
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Umahi Says Southeast Integration Makes Biafra Calls Obsolete

Works Minister David Umahi says federal infrastructure investment under President Tinubu has reintegrated the Southeast, making renewed Biafra agitation unnecessary.
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Dangote Warns Oil Theft Syndicates Outgun Drug Cartels

Dangote warns that Nigeria’s oil mafia rivals drug cartels, blaming refinery losses and pipeline sabotage for undermining energy security.
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INEC Opens Online Accreditation for FCT Election Coverage

INEC has opened an online accreditation portal for journalists covering the FCT poll, signaling early preparations for structured media access during the elections.
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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...
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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...