Economy
EFCC Exposes Banks, Fintechs for Facilitating N180.7 Billion in Fraudulent Transactions
The Economic and Financial Crimes Commission (EFCC) has revealed systemic lapses in Nigeria’s financial sector, disclosing that commercial banks, fintech companies, and microfinance...
Lagos Mainland Chairman Bans Overnight Stays in Oyingbo Market Over Security Concerns
The Chairman of Lagos Mainland Local Government Area, Mr. Jubril Emilagba, has issued a directive prohibiting individuals from sleeping within Oyingbo Market in...
FG Directs Free Installation of Smart Meters, Warns Against Extortion by DisCos
The Federal Government has ordered electricity distribution companies (DisCos) and meter installers to provide smart meters to all customers free of charge, warning...
Jigawa State Approves N1 Billion Recapitalisation for State-Owned Savings and Loans Firm
The Jigawa State Executive Council has approved a N1 billion recapitalisation of Jigawa Savings and Loans Limited to strengthen its financial position and...
Afreximbank Ends Credit Rating Relationship with Fitch Ratings
The African Export-Import Bank (Afreximbank) has officially announced the termination of its credit rating relationship with Fitch Ratings, marking a significant shift in...
Federal Government Signs Concession Agreement for Enugu Airport to Modernize Aviation Infrastructure
The federal government has formally signed the concession agreement for Akanu Ibiam International Airport, Enugu, marking a significant step in the modernization of...
Keyamo Sets Up Technical Committee for Edo State Indigenous Airline
The Minister of Aviation and Aerospace Development, Festus Keyamo, has constituted a technical committee to fast-track the launch of an indigenous airline for...
Tinubu Approves Oil Drilling at Tongeji Island, Revives Olokola Deep Seaport
President Bola Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia Local Government Area of Ogun State, alongside...
Stakeholders Call for Value-Driven Framework in Nigeria’s Creator Economy
Key players in Nigeria’s fast-growing creator economy have called for the adoption of a value-driven and sustainable framework to guide collaborations between brands...
Shell’s $5bn Bonga South-West Project Secures Presidential Backing
President Bola Tinubu has approved targeted incentives to unlock Shell’s long-delayed $5bn Bonga South-West deep-offshore oil project, signalling renewed government commitment to attracting...
