The African Development Bank (AfDB) has announced a strategic partnership with the International Criminal Police Organization (Interpol) to tackle financial crimes, including fraud, money laundering, and illicit financial flows across
The National Oil Spill Detection and Response Agency (NOSDRA) has commenced oil recovery operations following a recent spill from a Shell-operated pipeline. The spill, which occurred in the Niger Delta
Global cryptocurrency exchange platform Binance has officially acknowledged the $81.5 billion lawsuit filed against it by Nigerian authorities, stating that it is actively engaging with the relevant agencies and will
The Nigerian naira recorded a significant appreciation in the official foreign exchange market, rising to ₦1,494.03 per US dollar. This development marks a positive shift in the currency’s performance after
Microsoft has unveiled a transformative initiative to provide artificial intelligence (AI) training to one million Nigerians, signaling a major investment in the nation’s digital future. This large-scale program aims to
Despite the commencement of operations at the Dangote Refinery, the Federal Government has confirmed that the combined output from the Dangote and Nigerian National Petroleum Company Limited. (NNPCL) refineries is
The Nigerian automotive market is bracing for a potential shockwave as the United States government prepares to implement a 25% tariff on imported vehicles. This policy shift, designed to protect
The Central Bank of Nigeria (CBN) has issued a directive to all commercial banks in the country, mandating them to ensure the consistent availability of cash in their Automated Teller
The Nigerian aviation fuel market is showing signs of stabilization, but prices continue to remain elevated, posing challenges for airlines and travelers. While the volatility that characterized the market in
Despite efforts to improve electricity access in Nigeria, a recent report by the Rural Electrification Agency (REA) has revealed that approximately 20,000 communities across the country still lack access to
