FX crisis delays Nigeria’s engagement in $3.4tn AFCFTA
Nigerian exporters are facing challenges in participating in the African Continental Free Trade Area due to the ongoing foreign exchange crisis. Despite…
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Discos decry FG’s failure to pay electricity subsidies
Electricity distribution companies in Nigeria have expressed concerns that the Federal Government has not fulfilled its commitment to subsidize electricity costs for…
Nigerian crypto firm convicted for illegal USDT-Naira transactions, forfeits N140m
The Federal High Court in Abuja has convicted Official Gredo Limited, a Nigerian cryptocurrency dealing company, for unlawfully conducting transactions converting USDT…
Iranian hackers target US elections, Microsoft warns
An Iranian hacking group, linked to the Islamic Revolutionary Guard Corps and referred to as Cotton Sandstorm by Microsoft, is reportedly scanning…
Nigeria drops charges against Binance exec Tigran Gambaryan
The Nigerian government has officially dropped all charges against Tigran Gambaryan, an executive at Binance Holdings, who had been on trial for…
Insecurity in Zamfara endangers W’Bank’s $495.30m irrigation project
Insecurity in Zamfara State has severely impacted the World Bank-funded Transforming Irrigation Management in Nigeria project, raising concerns about the timely completion…
NNPC secures equipment to setup 40 new CNG stations
The Nigerian National Petroleum Company Limited has acquired the necessary equipment to set up an additional 40 Compressed Natural Gas stations across…
FG addressing Air Peace’s Heathrow landing slot issue internally – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has said that the Federal Government will handle the matter internally, in response…
Airline operators confirm purchase of Jet fuel from Dangote
Airline Operators in Nigeria have confirmed their purchase of Jet A1 fuel from Dangote’s refinery. The spokesperson for Airline Operators of Nigeria,…
FG halts cooking gas exports amid rising prices
The Federal Government has announced a suspension of exports of locally produced Liquefied Petroleum Gas, commonly known as cooking gas, to prioritize…
Lawyers critique N10m fine in Nigeria’s digital economy bill
A team of lawyers at Olisa Agbakoba Legal has expressed concerns over a provision in Nigeria’s National Digital Economy and E-governance Bill…
80% of Nigerian pharmacies now prefer digital payment methods — Report
A recent report by payment company Moniepoint reveals that 80% of pharmacies in Nigeria now pay for goods digitally, with 56.8% utilizing…