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Mamman jailed 75 years for N33.8bn power fraud, sentenced in absentia

The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.
News

Abuja Residents Protest Alleged Takeover Of Jabi Lake Park

KEY POINTS Abuja residents and activists protested the alleged takeover of Jabi Lake Park...
News

Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Politics

Mamman jailed 75 years for N33.8bn power fraud, sentenced in absentia

The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.
News

Abuja Residents Protest Alleged Takeover Of Jabi Lake Park

KEY POINTS Abuja residents and activists protested the alleged takeover of Jabi Lake Park...
News

Activist Wong Box Petitions IGP, PSC Over Alleged Police Misconduct in Delta

KEY POINTS Activist Victor Ojei, popularly known as Wong Box, petitioned the IGP and...
News

Boko Haram Faction Beheads Captives After Failed Escape Attempt In Borno

KEY POINTS Boko Haram fighters reportedly beheaded more than seven captives after a failed...