The cost of air transport within the West African sub-region remains the highest globally, according to Mr. Sédiko Douka, the ECOWAS Commissioner for Infrastructure, Energy, […]
Category: Economy
Economy
Yewa North Lawmaker Lauds Tinubu for Lifting Petroleum Supply Restrictions in Border Communities
Gboyega Isiaka, the House of Representatives member for Yewa North/Imeko-Afon Federal Constituency, has commended President Bola Tinubu for lifting the six-year-old restrictions on the sales […]
EFCC Traces CBEX Cryptocurrency Scam Funds to Four Countries, Warns Victims of Limited Restitution
The Economic and Financial Crimes Commission (EFCC) has revealed that funds linked to the collapsed CBEX cryptocurrency bridge exchange scheme have been traced to at […]
US Accuses Nigeria of Blocking US Agricultural Imports, Nigeria Customs Hits Back with Strong Rebuttal
The ongoing trade dispute between Nigeria and the United States has taken a new turn, with the US government accusing Nigeria of continuously delaying import […]
Gold Hits Record $3,500 an Ounce Amid Trump’s Tariffs and Fed Criticism
Gold surged to a historic high of $3,500.10 per ounce on Tuesday, driven by escalating trade tensions sparked by US President Donald Trump’s tariffs and […]
Niger State to Resume Direct Flights to Lagos and Abuja After 15 Years, Starting April 23
The Niger State Government has announced the resumption of direct commercial flights from Minna to Lagos and Abuja, set to commence on April 23, 2025, […]
EFCC Warns Public About 58 Illegal Ponzi Scheme Operators Targeting Nigerians
Headline: EFCC Warns Public About 58 Illegal Ponzi Scheme Operators Targeting Nigerians The Economic and Financial Crimes Commission (EFCC) has issued an alert to the […]
European Union Eyes Nigeria’s Solid Minerals Sector for Trade and Investment Growth
The European Union (EU) has expressed interest in Nigeria’s solid minerals sector, aiming to expand trade and investment in the country’s rich natural resources. This […]
The Dark Legacy of Ponzi Schemes in Nigeria: A Look at 11 Most Infamous Investment Scams
The recent crash of CBEX, a digital asset trading platform that allegedly vanished with over ₦1.3 trillion, has once again highlighted the vulnerability of Nigerians […]
Nigeria’s Inflation Rate Surges to 24.23% in March 2025, Up from 23.18% in February
The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate increased by 4.4 percentage points, rising to 24.23% in March 2025, up […]