Uganda Central Bank Lowers Interest Rate to 10% As Inflation Outlook Improves
Uganda’s central bank has reduced its key lending rate by 25 basis points to 10 per cent, marking the first cut in a...
NIS Indefinitely Suspends Immigration Officer for Begging Traveler at Lagos Airport
The Nigeria Immigration Service (NIS) has indefinitely suspended an officer caught on camera begging a traveller for money at the Murtala Muhammed International...
Alarming Rise in Mass Atrocities: 24,816 Killed, 15,597 Kidnapped in Nigeria Over 5 Years – Global Rights
Global Rights Nigeria has revealed that over the past five years, at least 24,816 people have been killed and 15,597 kidnapped in incidents...
Nigerian Army Allegedly Offers ₦300,000 to Family of Teenage Boy Killed in Zaria Protests
The Nigerian Army has reportedly offered ₦300,000 to the family of Ismail Mohammed, the 16-year-old boy killed during the #EndBadGovernance protests in Samaru,...
Scammers In U.S. Create Fake Website to Phish Data of AlatByWEMA Customers
A fraudulent website, Alatbywema.com, has been created to scam users of AlatByWema, a digital banking platform by Wema Bank. As reported by the...
Jumia Reports 25% Revenue Drop in Q2, Operating Losses Rise to $20 million
Jumia, Africa’s leading e-commerce platform, reported a significant drop in revenue and increased operating losses for Q2 2024. The company’s revenue fell 25...
Large Number of Protesters Storm Yobe State Government House
Yobe protesters have blocked the Yobe State Government House on Maiduguri Road in Damaturu, Yobe State, Nigeria. A video seen by West Africa...
Court Nullifies Sale of Controversial ‘Nigeria Air’ to Ethiopian Airlines, Tells FG To Stop Plans
A Federal High Court in Lagos has nullified the sale of a 49 per cent equity stake in Nigeria Air to Ethiopian Airlines....
Protesters Block East-West Road in Rivers, Demand Immediate Government Action
Protesters have blocked the Eleme-Onne section of the East-West Road in Rivers State, demanding action from the government on issues of poor economic...
EXCLUSIVE: Despite Fraud Investigation, CBN Approves Unity Bank Merger With Providus Bank, Provides Unexplained N700 Billion Bailout
The Central Bank of Nigeria (CBN) has approved the proposed merger between Unity Bank and Providus Bank, despite a lengthy fraud investigation that...
Just In: Kaduna Authorities Impose 24-Hour Curfew In Kaduna, Zaria
The Kaduna State Security Council has imposed a 24-hour curfew in Kaduna and Zaria metropolitan areas, as the #EndBadGovernance protests reach its fifth...
Nigeria’s Public Debt Projected To Reach ₦130 Trillion By December 2024 – Afrinvest
A new report from investment management company Afrinvest has predicted that Nigeria’s public debt will rise to ₦130 trillion by December 2024. This...