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Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

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.

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Nigerian Government Makes Strides in Vaccinations, Healthcare Infrastructure

The Nigerian government announced significant progress in its national vaccination program and healthcare infrastructure development. Health Minister Prof. Ali Pate, during a ministerial briefing, highlighted achievements in vaccinating children against diphtheria, measles, and cervical cancer.

Sanusi Reinstated as Emir Amid Kano’s Political Tension

Muhammad Sanusi reinstated as Emir of Kano, with Governor Yusuf abolishing five emirates. Northern elders express concerns over political and cultural implications.

Nigerian Senator Urges Caution in Amending CBN Act

Senator Sani Musa calls for careful consideration in amending the CBN Act, emphasizing the need to preserve the Central Bank's autonomy for economic stability.

Banky W Triumphs Over Cancer in Fourth Surgery Victory

Banky W announces successful recovery from his fourth cancer surgery, sharing an inspiring message of faith and resilience on his Instagram.

Google Announces Groundbreaking Umoja Cable to Connect Africa and Australia

Google has announced plans to build a landmark undersea cable, Umoja, the first of its kind to directly link Africa and Australia. This project is expected to revolutionize digital communication and economic ties between the two continents. Google has partnered with African and Australian leaders to develop Umoja, which translates to "unity" in Swahili.

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.

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Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

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.