KEY POINTS
Aisha Achimugu faces court-ordered questioning by the EFCC over alleged money laundering linked to $25.3 million oil block acquisitions and 136 bank accounts.
Investigations reveal funds were routed through bureau de change operators without legitimate documentation, while acquired oil blocks remain unexplored.
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KEY POINTS
Peter Nwachukwu was sentenced to death for the homicide of gospel singer Osinachi, whose 2022 death exposed systemic domestic violence issues in Nigeria.
The trial included testimony from the couple’s children and highlighted low prosecution rates for gender-based crimes despite existing laws.
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The IMF has revised Nigeria's 2024 economic growth forecast to 2.9 percent, citing disruptions in agriculture and oil production caused by flooding and insecurity.
The Nigerian government has proposed a 12.5% telecom tax, adding to the existing 7.5% VAT on telecom services, raising concerns about higher call and data costs.
Dangote Refinery has filed a lawsuit seeking to nullify NNPCL's import licenses and is demanding N100 billion in damages, claiming the licenses undermine local production.
Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?
DSS replaces Tinubu’s chief security officer, Adegboyega Fasasi, with Rasheed Lawal. Fasasi steps down for professional training, Lawal takes over the key role
The National Assembly has proposed reintroducing a 5% excise duty on telecom, betting, and gaming services under the Nigeria Tax Bill 2024, aiming to boost government revenue.
CBN Governor Olayemi Cardoso stresses the need for more skilled finance graduates to drive Nigeria’s economic growth, calling for enhanced collaboration with academic institutions.