Nigeria sues Binance for $81.5 billion in economic losses
Nigeria has filed a lawsuit against cryptocurrency exchange Binance, demanding $79.5 billion in damages for alleged economic losses and an additional $2 billion in...
Akwa Ibom to assign traditional birth attendants to health centres
The Akwa Ibom state government has announced plans to train, supervise, and certify traditional birth attendants (TBAs) as part of efforts to upgrade their...
Nigeria to scrap electricity bands, hike tariff for all in 36 months
Nigeria is set to abolish its current electricity tariff band structure and transition to a single, “cost-reflective” pricing system over the next three years,...
CBN orders immediate resignation of bank directors with unpaid loans
The Central Bank of Nigeria (CBN) has directed bank directors with unpaid loans from their own banks to step down immediately.
In a circular signed...
Nigerian govt announces dramatic drop in inflation after rebasing
The National Bureau of Statistics has announced a significantly lower inflation rate for Nigeria after adopting a revised calculation under a rebased methodology.
Under this...