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Army, police deploy drones to search Kogi forests for kidnap victims along Okene-Auchi Road

The Kogi State Police Command and the Nigerian Army have launched a joint forest search for kidnap victims along the Okene-Auchi Road, deploying drones and tactical teams across suspected hideouts.

CBN, NDDC, NUPRC snub Senate committee probing NEITI oil and gas audit reports

The Central Bank of Nigeria, NDDC and the Nigerian Upstream Petroleum Regulatory Commission have ignored Senate summons over NEITI oil and gas audit reports covering three years.

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CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.

Court Grants Abba Kyari Temporary Release After 27 Months Detention

After 27 months in detention, Abba Kyari is granted temporary bail by a Federal High Court in Abuja to conduct his mother's burial rites.

Nigeria Bolsters $1 Trillion Transactions with AI Defense

Nigeria enhances the security of its $1 trillion annual transactions with a new AI-based defense system, aiming to combat cybercrime and protect its digital economy.

Nigerian Students Face Expulsion Over Naira Devaluation at UK University

A group of Nigerian students at a UK university face expulsion due to financial difficulties caused by the devaluation of the naira. The university cites visa regulations, while students plead for support and a chance to finish their studies. The incident raises concerns about the vulnerability of international students to currency fluctuations.

Nigerian Central Bank Hikes Interest Rate to 26.25%

Nigeria’s Central Bank raised its benchmark interest rate to 26.25%, aiming to curb inflation and stabilize the economy despite potential growth impacts.

CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.

Industry Experts Demand Action on Nigeria’s Food Sector Crisis

Industry leaders highlight the critical need for government intervention in Nigeria's food and beverage sector to address economic challenges.

Fintech Firms to Resume Customer Enrollment After Regulatory Pause

Nigerian fintech companies will be allowed to resume enrolling new customers in a few months, according to the Central Bank of Nigeria (CBN). The CBN had suspended new customer onboarding in April to address concerns about money laundering.

Food Import Bill Hits $2.13 Billion Over Flooding, Insecurity

In 2023, Nigeria's food import costs soared to $2.13 billion, driven by severe flooding and increasing insecurity, challenging efforts to enhance local agricultural production.

Nigeria Loses $6 Billion Oil Investment to Angola Amid Policy Issues

TotalEnergies diverts $6 billion oil investment from Nigeria to Angola due to policy inconsistencies and security concerns in Nigeria.

25,000 Jobs: CNG Initiative a Game-Changer for Employment, Says Labor Minister

Nigeria's CNG initiative, lauded by Labor Minister Simon Lalong, is expected to create 25,000 jobs, driving economic growth and sustainability.

Obaseki Targets 40,000 Votes in Oredo, Cites Record of Success

Governor Obaseki sets ambitious vote targets in Oredo, utilizing his administration's success as a foundation for PDP's victory in the upcoming gubernatorial election.

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Army, police deploy drones to search Kogi forests for kidnap victims along Okene-Auchi Road

The Kogi State Police Command and the Nigerian Army have launched a joint forest search for kidnap victims along the Okene-Auchi Road, deploying drones and tactical teams across suspected hideouts.

CBN, NDDC, NUPRC snub Senate committee probing NEITI oil and gas audit reports

The Central Bank of Nigeria, NDDC and the Nigerian Upstream Petroleum Regulatory Commission have ignored Senate summons over NEITI oil and gas audit reports covering three years.

INEC Extends 2027 Nomination Deadline, Suspends Physical PVC Collection in Osun

KEY POINTS INEC moved the 2027 candidate-submission deadline to August 11. Physical PVC collection...

Sanwo-Olu Inspects Vandalised Bridge on Lagos-Badagry Expressway, Assures Motorists of Safety

KEY POINTS Sanwo-Olu inspected the vandalised bridge at Vin-Niger on the Lagos-Badagry Expressway. The...