Nigeria’s state governors have expressed satisfaction with a recent Supreme Court ruling granting financial autonomy to local government areas. The decision, which was announced on Thursday, is seen as a major step towards decentralizing power and financial resources in the country.
Nigeria's Supreme Court rules for financial autonomy of local governments, triggering mixed reactions from politicians and analysts on its implications.
Nigeria's booming cryptocurrency market, with transactions worth billions of dollars weekly, is facing increased regulatory scrutiny as authorities aim to balance innovation with financial stability and consumer protection, addressing concerns over money laundering and fraud.
Ex-Power Minister Saleh Mamman has been remanded in Kuje prison over an alleged N33bn fraud, pending his bail hearing. The high-profile case highlights corruption in Nigeria’s power sector.
Nigeria ranks fifth among African countries hardest hit by the cost of living crisis, with inflation, currency devaluation, and supply chain disruptions driving up the prices of essential goods and services.
The ECOWAS Court has ruled that Nigerian security forces violated the human rights of #EndSARS protesters in 2020. The court ordered compensation for victims and an investigation into the abuses.
Aliko Dangote accuses International Oil Companies of sabotaging his refinery, raising concerns about Tinubu's government handling of the petroleum sector.
Lagos State Governor Sanwo-Olu reassures investors with commitments to tax harmonization and infrastructure development, aiming to create a more enabling business environment.