News at the speed of light
Sunday Dare, Special Adviser to the President on Media and Communications, has disclosed that Nigeria stands to save $7.5 billion annually from the removal of the fuel subsidy.…
The Federal Government has reaffirmed its commitment to working closely with MIKTA—a coalition comprising Mexico, Indonesia, the Republic of Korea, Türkiye, and Australia—to enhance Nigeria’s economy and tackle…
Nigeria has secured a significant commitment from the World Meteorological Organization (WMO) to enhance its technical and meteorological capacity, a move aimed at strengthening the country’s response to…
Billionaire business and one of the world’s richest men, Dr. Mike Adenuga Jr is alive and well-and not dead as was being speculated by a little known…
Following Donald Trump’s recent election victory, the cryptocurrency market has witnessed a substantial upswing, significantly benefiting key players in the industry. Binance founder Changpeng Zhao, commonly known as…
A Federal High Court in Lagos has ordered the former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to forfeit $2.045 million in cash, eight prime properties in…
The Nigerian government is advancing tax reforms to meet requirements for a $750 million World Bank loan, part of a larger $2.25 billion package aimed at economic stabilization…
Nigeria requires a $5 billion investment to achieve self-sufficiency in sugar production, according to the National Sugar Development Council’s (NSDC) Executive Secretary, Mr. Kamar Bakrin. Currently, Nigeria produces…
The World Bank has highlighted the urgent need for Nigeria to expand its electricity supply to sustain industrialization efforts and boost economic growth. Speaking at the IMF/World Bank…
The Central Bank of Nigeria (CBN) has officially announced that the old N200, N500, and N1,000 banknotes will continue to be in circulation indefinitely, dispelling rumors that they…
