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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

Naira Strengthens to 1,518 Per Dollar on Parallel Market

Naira rises in parallel market to ₦1,518 as central bank oversight and dollar flows ease speculative pressure.
Business

Naira to the World: Rural Nigerian Women Drive Economic Change Through Digital Wallets

KEY POINTS Rural Nigerian women are leveraging digital wallets to send and receive money,...
News

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
News

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...
News

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...
News

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...
News

Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion

Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...
News

Naira Soars Below N1,600: A Glimmer of Economic Hope

The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...
News

Nigeria’s Central Bank Boosts Dollar Inflow to $1.3 Billion

Nigeria’s central bank has increased its dollar inflow to $1.3 billion in February 2021,...
News

Nigeria’s Currency Crisis: How Floating the Naira Backfired

Nigeria, Africa's largest economy, is facing a severe currency crisis that has been worsened...
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
News

Presidency Slams Atiku’s Naira Floatation Plan

Former Vice President Atiku Abubakar has been criticized by the presidency for his proposal...
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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...