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 […]
Category: Economy
Economy
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 […]
Troops Seize Over N869 Million Worth of Stolen Petroleum Products, Destroy Illegal Refining Sites in Niger Delta
Troops engaged in operations against oil thieves and bunkerers in the Niger Delta region have seized N869,283,765.00 worth of stolen petroleum products over the past […]
Former Kwara SUBEB Chairman Testifies in N5.78bn Fraud Case, Explains Use of N1bn Loan for Salary Payments
A former Chairman of the Kwara State Universal Basic Education Board (SUBEB), Alhaji Lanre Daibu, testified in a Kwara State High Court on Thursday regarding […]
House of Representatives to Investigate Terminal Operators Over Delays in Goods Clearance at Apapa Port
The House of Representatives Committee on Customs and Excise has announced plans to investigate the activities of terminal operators at the Apapa port, due to […]
Tony Elumelu Urges Government Action to Resolve Power Sector Debt and Support President Tinubu’s Vision
Tony Elumelu, Chairman of Transnational Corporation Plc (Transcorp), has called on key federal government stakeholders to take decisive action to implement President Bola Tinubu’s vision […]
Federal Government Confirms Crude and Refined Product Sales in Naira Policy to Continue Indefinitely
The Federal Government has confirmed that the Crude and Refined Product Sales in Naira initiative remains a standing national policy, with no end date in […]
Nigeria Reaffirms Commitment to One-China Policy, Rejects Taiwan’s Trade Office Claims
Nigeria has reiterated its unwavering support for the One-China Policy, with Hon. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, […]