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Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

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No Name Change for Murtala Muhammed Expressway in Abuja

Confusion arose online regarding the renaming of Abuja's Murtala Muhammed Expressway. The Nigerian government clarified that only a newly built road received a name change, while the Murtala Muhammed Expressway retains its original designation.

Texas Businessman Found Dead in Lagos Hotel Room

A US-based businessman, Onyejekwe Izuchukwu, was discovered dead in his hotel room in Lagos, Nigeria on June 9, 2024. The 51-year-old Texan was on a business trip and had been staying at the hotel for several days. Authorities have launched an investigation to determine the cause of death, and Izuchukwu's body was transported for autopsy.

Senate Denies Plans to Seize State Funds in Wage Bill

The Senate denies plans to seize state and local funds in the proposed New Minimum Wage Bill, calling reports unfounded and misleading.

Dangote Refinery Achieves Double Nigeria’s 11-Year Power Output

The Dangote Refinery has doubled Nigeria’s 11-year power output, significantly enhancing the country's electricity supply and setting a new standard for the energy sector.

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

Abuja Residents Seek Help Against Alleged Land Grabber Harassment

Abuja estate residents appeal to President Tinubu and FCT Minister Wike for help against harassment by an alleged land grabber.

Tinubu Sacks BPP DG Ahmadu Mamman

Nigerian President Bola Tinubu has dismissed Ahmadu Mamman, the Director-General of the Bureau of Public Procurement. This move highlights Tinubu's commitment to enhancing transparency and efficiency in government contracts, aligning with his administration's anti-corruption priorities.

Nigerian Army Bolsters West African Peace with Gambia Deployment

Nigeria sends nearly 200 soldiers on a peacekeeping mission to The Gambia, highlighting the country's commitment to regional security despite facing domestic challenges.

FCCPC Warns Against Contaminated Foods in Nigerian Markets

The FCCPC warns against contaminated foods in Nigerian markets, highlighting health risks and urging stakeholder support for food safety.

Nigeria Loses $1.4 Billion to Unremitted Gas Royalties and Flare Penalties

Nigeria has lost $1.4 billion in unremitted gas royalties and flare penalties, according to NEITI. This significant financial shortfall highlights the need for improved regulatory compliance in the oil and gas sector, crucial for economic and environmental sustainability.

DSS Clarifies: No Arrest of Activist Juwon Sanyaolu

Amid claims and denials, the DSS clarifies they did not arrest activist Juwon Sanyaolu, causing a public demand for transparency.

Adegboruwa Criticizes Tinubu’s Speech, Calls for Democratic Reforms

Adegboruwa criticizes Tinubu's Democracy Day speech for lacking substance, calling for urgent democratic reforms in Nigeria.

Latest articles

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.

Dangote Refinery Set to Take 400,000 Barrels of Nigerian Crude Per Day

Dangote Refinery is set to process 400,000 barrels of Nigerian crude oil per day, marking a significant step toward reducing the country’s dependence on imported refined fuel and improving energy security.