FG Sanctions 19 Terrorism Financiers, Including BDC Firms, in Major Crackdown
The Nigerian government has identified and sanctioned 19 terrorism financiers, including six Bureau De Change (BDC) firms, according to a...
Month: March 2024
Nigeria Attracts $30 Billion in Foreign Investment, Questions Arise Over Foreign Investment Claims
The Minister of Information and Culture, Mohammed Idris, has announced that the federal government has successfully attracted $30 billion in...
EFCC Chairman Calls for Vigilance Against Bank Failures
The chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, recently made a connection between the collapse...
Nigeria Customs Scraps 25% Fine for Vehicle Import Violations Following Finance Minister’s Directive
The Nigeria Customs Service (NCS) has announced a significant shift in policy regarding the importation of vehicles, effectively abolishing the...
NNPC Gears Up for Public Listing, Anticipates Share Divestment
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has announced that the company's...
Arewa Movement for Good Governance Declares Nigeria’s Democracy in Crisis
The Arewa Movement for Good Governance (AM2G), led by Dr Usman Bugaje, has raised concerns about the state of Nigeria's...
Eyitayo Jegede Withdraws from Ondo Governorship Race, Pledges Support for PDP Aspirants
Eyitayo Jegede (SAN), a two-time candidate of the opposition Peoples Democratic Party (PDP) in Ondo State, has announced his withdrawal...
Binance Executives Remain in Nigerian Detention Despite Court Appearance
Two executives from Binance, the world's largest cryptocurrency exchange, are set to remain in detention in Nigeria for at least...
Foreign Airlines Challenge CBN’s Claim of Settling Forex Backlog, Alleging $700 Million Still Trapped
Foreign airlines operating in Nigeria have raised objections to the Central Bank of Nigeria's (CBN) announcement that it has cleared...
Shell’s $4.92 Billion Payment Tops List in Nigeria, Raises Questions Over Social and Environmental Impact
In 2023, Nigeria emerged as the leading beneficiary of payments from Shell, receiving a substantial sum of approximately $4.92 billion....
