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 […]
Category: Economy
Economy
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 […]
CBEX Digital Trading Platform Crashes, Stolen Funds Reach $847 Million, Leaving Investors in Limbo
Nigerians across various social media platforms are counting their losses as the digital asset trading platform, CBEX, reportedly siphoned over N1.3 trillion from investors’ accounts. […]
Shareholders Applaud Tinubu’s Naira-for-Crude Policy Continuation, Urge Dangote Refinery to List on Stock Exchange
Shareholders have praised President Bola Tinubu and the Federal Executive Council (FEC) for continuing the Naira-for-Crude policy, which they see as a key step in […]