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Nigeria Economy

Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...

Middle East Conflict Threatens Nigeria’s Oil Revenue and Economy 

The ongoing war between Israel and Hamas could have serious implications for Nigeria’s economy,...

Ajaokuta Steel Complex: Nigeria’s Industrial Dream Revived 

Nigeria’s long-awaited Ajaokuta Steel Complex is nearing completion, with the potential to generate $1.6...

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...

Nigerians Face Pressure as Food, Fare Prices Surge

The National Bureau of Statistics (NBS) revealed a surge in food prices in August,...

How Nigeria’s Naira Lost 99.92% of Its Value in 50 Years 

Nigeria’s naira currency has depreciated significantly in the past five decades, losing 99.92% of...

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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.

Bandits Kill Newly Recruited Teacher, Driver and Son in Sokoto

KEY POINTS Suspected bandits have killed a newly recruited teacher, a driver and the...

Atiku presses INEC to publish 103m voters’ register as 2027 nears

Atiku says INEC’s online display of its 103 million voter register was blank from Oct. 9 to 15, and wants the list published now.

One Dead, Three Rescued in Lagos Building Collapse

KEY POINTS One person has died and three others have been injured after a...