News

Nigeria’s growing digital economy is facing new risks from crypto scams and online financial crimes. Regulators and investigators are demanding stronger tools to trace digital money movements. Blockchain experts warn that fraud networks are becoming more sophisticated. The...

Nigeria's broad money supply increased by N4.04 trillion to N133.25 trillion in June, reflecting sustained liquidity growth despite the Central Bank of Nigeria's decision to retain its benchmark interest rate The expansion was driven mainly by stronger quasi-money...

Dangote Refinery reverses course, ending its controversial dollar-denominated petrol sales and restoring naira transactions with a new gantry price of N1,215 per litre. Policy U-turn comes amid rising global oil prices, with Brent crude climbing to $95 per...

Kaduna State's free Compressed Natural Gas mass transit scheme has saved commuters more than N3.5 billion in transport costs, with over 3.2 million passenger trips recorded since the initiative began. The state government has deployed 100 CNG-powered buses...

France has reaffirmed its commitment to strengthening trade and investment with Nigeria, its largest trading partner in sub-Saharan Africa and the biggest recipient of French investments in West Africa. More than 100 French companies now operate in Nigeria,...

Atiku accuses Tinubu of violating the 1999 Constitution by allocating ₦22.15 billion in the 2026 Appropriation Act for the construction and renovation of 106 traditional rulers' palaces Former vice president demands full disclosure, urging the Presidency, Budget Office,...

International report documents 101 attacks on Nigerian healthcare facilities and personnel between 2023 and 2025, underscoring worsening insecurity in the sector. At least 91 health workers were kidnapped and 15 killed during the three years, while 25 abducted...

Nigeria has emerged as one of Africa's fastest growing solar markets, according to a new BloombergNEF report. Rising electricity costs and unreliable grid supply are pushing more homes and businesses to adopt solar power. Clean energy investment across...

Germany says it will increase investment in Nigeria as trade between the two countries grows by 10 per cent. Nigeria remains Germany's second-largest trading partner in Sub-Saharan Africa, with more than 100 German companies already operating in the...

• Brent crude climbed above $95 per barrel for the first time in six weeks as renewed conflict in the Middle East heightened fears of disruptions to global oil supplies. • The price rally is already affecting Nigeria, with petrol...