Northern Nigerian Farmers Forced to Pay Large Sums to Bandits for Permission to Farm and Harvest
A recent report has revealed that local farmers in Northern Nigeria are compelled to pay hefty sums, ranging from N70,000 to N100,000, to...
767 Nigerian Companies Shut Down in 2023 – MAN
The Manufacturing Association of Nigeria (MAN) has disclosed that 767 manufacturing companies shut down operations while 335 experienced distress in 2023. This unfortunate...
Bitcoin Falls by 6% after Reaching All-time High of $69,000
Bitcoin has fallen by over 6% after shattering its previous record and reaching an all-time high of over $69,000 on Tuesday. The initial...
Obi, Datti Award Scholarship to Kano Tricyclist that Returned 15M, Niger Gov Pledge 250m on behalf of APC
Peter Obi, the Labour Party’s presidential candidate in the 2023 election, and his running mate, Baba-Ahmed Datti, have extended a university scholarship to...
Airtel Buys Back 991,861 Shares from Citigroup to Reduce Capital
Airtel Africa, the telecommunications giant, has successfully repurchased 991,861 of its shares, valued at $0.50 each, from Citigroup Global Markets on the London...
Keyamo Denies Claims of Relocating Fire-fighting Simulator to Lagos
The Ministry of Aviation and Aerospace Development has officially denied rumours of relocating a fire-fighting simulator from the Nigerian College of Technology, Zaria,...
Security Agents in Kogi Intercept 53 Stolen Transformers
Security agents in Kogi State have successfully intercepted a truck transporting 53 stolen electrical transformers intended for electrification projects across the state. The...
Customs Gives 90-Day Window for Import Duty Payment on Unsettled Vehicles
The Nigeria Customs Service (NCS) has introduced a 90-day window to regularise import duties on specific vehicle categories. This was conveyed through a...
Breaking: FCT Residents Loot NEMA Facility for Foodstuffs
Amidst growing economic challenges, residents in the Federal Capital Territory (FCT) have taken matters into their own hands by looting a National Emergency...
House of Reps Summons Binance CEO to Appear in Nigeria by March 4th
The House of Representatives Committee on Financial Crimes has issued a seven-day ultimatum to Binance Chief Executive Officer, Richard Teng, demanding his appearance...
CBN Revokes Licenses of Over 4,000 Bureaux De Change Operators
The Central Bank of Nigeria (CBN) has decisively revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators. This information was disclosed...
FG Mulls Slamming Binance with Fine of over $10 Billion, after Detaining Executives
Special Adviser to the President on Information and Strategy, Bayo Onanuga, has stated that Nigeria may slam Binance with a fine of over...