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BREAKING: Nigeria’s inflation rises in September from near four-year low after border closure
Higher food prices helped push up annual inflation in Nigeria last month after three consecutive months of declines, the National Bureau of Statistics...
Nigeria
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BREAKING: South Africa shuts embassies in Nigeria after reprisal attacks
South Africa has temporarily closed its embassy in Nigeria following violence against South African businesses in reprisal for attacks on foreign-owne...
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About 80 Nigerians charged for fraud, money laundering, in latest FBI raid on internet fraudsters.
The United States Department of Justice has just released the statement below announcing that 80 defendants, most of whom are Nigerians have been char...
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Ghana cashes in on slave heritage tourism
In a clearing at the turnoff to Assin Manso, a billboard depicts two African slaves in loincloths, their arms and legs in chains. Beside them are the ...
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Nigeria to lose $9Bn in assets to engineering company in aborted gas project
A judge in London said on Friday he would grant a firm called Process and Industrial Developments Ltd (P&ID) the right to seek to seize some $9 bi...
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Nigeria’s annual inflation at 11.08% in July
Annual inflation in Nigeria stood at 11.08% in July, compared with 11.22% in June, the National Bureau of Statistics said on Friday in a report. A sep...
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Nigerian government denies fraud allegation against N-Power again
The Federal Government (FG) has again denied the fraud allegations raised against N-Power, the job creation and empowerment initiative of the Social I...
NAIRAMETRICS: Nigeria’s food importation ban could drag the country’s economy into misery
President Muhammadu Buhari gave a new directive to the Central Bank of Nigeria (CBN) to stop providing FOREX for food importation. According to the Pr...
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Nigerian crude overhang slow to clear due to light, sweet crude in the Atlantic Basin.
Some prompt-loading Nigerian crude cleared on Tuesday but there was still an overhang of at least 25 cargoes of Nigerian grades due to the plentiful a...
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MTN Nigeria asks tribunal to rule on tax treatment of $1Bn fine
MTN Nigeria has asked a Nigerian tax tribunal to rule on whether the company should pay corporate tax on a 330 billion naira ($1.1 billion) fine, a sp...