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Nigeria digital economy

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.

Abuja Residents Protest Alleged Takeover Of Jabi Lake Park

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

Nigeria Allocates ₦822 Billion to Digital Economy Over Six Years

Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.

Rising Naira Costs Push Starlink Out of Reach for Many Nigerians

The weakening naira has caused Starlink prices to surge by 115%, leaving many Nigerians struggling to afford the satellite internet service that was once accessible.

CBN Introduces New Rules to Monitor PoS Transactions

The Central Bank of Nigeria introduces new PoS transaction rules, requiring payments to go through licensed platforms for improved security and transparency

Telcos Face Shrinking Investments as Return on Capital Turns Negative

Telecom companies in Nigeria are seeing investments shrink as their return on capital turns negative, raising concerns about the sector's sustainability and growth.

Latest articles

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.

Abuja Residents Protest Alleged Takeover Of Jabi Lake Park

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

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...

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...