Latest News
Federal High Court Orders Binance to Provide Data on Nigerian Traders to EFCC
The Federal High Court sitting in Abuja has issued an interim order directing Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with comprehensive data about individuals from Nigeria engaged in trading on its platform.
The order, … Continue Reading
Senator Ningi Clarifies N3 Trillion Budget Controversy Amid Calls for Legal Action
Senator Abdul Ningi, Chairman of the Northern Senators Forum (NSF), finds himself embroiled in controversy following statements attributed to him regarding the 2024 budget. Ningi has come forward to assert that he was misquoted and taken out of context regarding … Continue Reading
Port harcourt refinery starts next two weeks – kyari
The Nigerian National Petroleum Company Ltd (NNPCL) has announced the receipt of 450,000 barrels of crude oil for processing at the Port Harcourt Refinery. The disclosure came during a session with the Senate Ad-hoc Committee on Investigation of Turn Around … Continue Reading
Transportation Minister Signs MoU For Railway Project To Connect four States
The Minister of Transportation, Senator Said Ahmed Alkali, has signed a Memorandum of Understanding (MoU) on behalf of the Federal Ministry of Transportation with Messrs MPH Rail Development (UK) Limited for the construction of a railway line linking Port … Continue Reading
Nigerian Customs Service Seizes Bullets Worth N557 Million Disguised in Garri Sacks
The Nigeria Customs Service (NCS), Ogun Area 1 Command, intercepted 940 rounds of ammunition valued at N557 million concealed within sacks of garri (cassava flakes) along the Idiroko axis of the state.
The seized bags of bullets
The Ogun … Continue Reading
Minister of Communications and Digital Economy Proposes Global Collaboration to Safeguard Undersea Cables
In a recent announcement on his X microblog account, Minister of Communications and Digital Economy, Bosun Tijani, unveiled plans to lead a worldwide effort aimed at bolstering the protection of undersea cables.
Highlighting the pivotal role these cables play … Continue Reading
Government Allocates N160 Billion for Consumer Credit and Student Loan Scheme in 2024 Budget
The Nigerian government has earmarked a total of N160 billion in the 2024 national budget for consumer credit and the implementation of a student loan scheme. Minister of Budget and Economic Planning, Atiku Bagudu, revealed this significant allocation … Continue Reading
World Trade Organization WTO Launches $1.2 Million Trade Development Facility in Nigeria
The World Trade Organization (WTO) has officially inaugurated a $1.2 million standards trade development facility in Nigeria. This global initiative aims to empower developing countries, particularly Nigeria, in bolstering food safety and ensuring the health of animals and plants through … Continue Reading
CBN Allocates 2.15 Million Bags of Fertilizer Worth Over N100 Billion to Boost Food Production in Nigeria
The Central Bank of Nigeria (CBN) has allocated 2.15 million bags of fertilizer valued at over N100 billion to the Federal Ministry of Agriculture and Food Security. This allocation aims to support farmers nationwide and mitigate the challenges … Continue Reading
LAPO Microfinance Bank Partners with NextechCzar Incubation Program to Foster Tech Entrepreneurship in Nigeria
LAPO Microfinance Bank Limited, a renowned institution in Nigeria’s microfinance sector, has declared its endorsement for the NextechCzar Incubation Program, spearheaded by the Moolu Venture Lab. The induction ceremony, graced by distinguished figures in the industry, witnessed Dr. Godwin Ehigiamusoe, … Continue Reading