Stablecoins gain in Nigeria for cross-border transfers, IMF says
Nigerians are increasingly turning to U.S. dollar-pegged digital tokens, or stablecoins, to move money across borders, as households and small businesses seek cheaper and faster alternatives to traditional channels, the…
37 vessels to arrive Lagos ports with petroleum products, food, others – NPA
The Nigerian Ports Authority (NPA) has said that 37 ships with petroleum products, food items and other goods are expected at Apapa, Lekki Deep Sea Port and Tincan Island port…
Court revokes Sowore’s bail, orders his arrest
The Federal High Court in Abuja on Tuesday revoked the bail it granted Omoyele Sowore, the publisher of Sahara Reporters, over his absence in court for his trial. Justice Mohammed…
Stranded Nigerians seek FG’s repatriation intervention
The Nigerian community in South Africa has appealed to the Federal Government to urgently resolve challenges delaying the repatriation of about 300 Nigerians stranded in Pretoria. Mr. Smart Nwobi, President…
B-r-e-a-k-i-n-g: Troops rescue wife of late Major General Rabe from bandits
Troops of the Nigerian Army with the support of the Nigerian Air Force have successfully rescued Mrs Amina Abubakar, wife of the late Major General Rabe Abubakar and former Director…
Lagos police impounds 50 vehicles in crackdown on covered, unmarked number plates
The Police Command in Lagos State has impounded about 50 vehicles in a statewide enforcement exercise targeting motorists using covered, defaced, or unregistered number plates. The Commissioner of Police, Lagos…
Court sentences six to 25 years imprisonment each for terrorism offences
The Federal High Court in Abuja on Monday convicted and sentenced each of the six suspects to 25 years imprisonment each for belonging to the Boko Haram terrorist group, a…
Nigeria’s inflation rate rises to 15.93% in May – NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate rose to 15.93 per cent in May. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation…
ADC rejects court judgment on de-registration, alleges plot to undermine democracy
The African Democratic Congress (ADC) has rejected a Federal High Court judgment reportedly ordering its de-registration. The party described the ruling as a threat to democracy and warned against actions…
MAN Seeks Postponement of 80-Micron Plastic Ban Pending Impact Assessment
The Manufacturers Association of Nigeria (MAN) has called for the suspension of the proposed ban on single-use plastics below 80 microns, pending a comprehensive regulatory impact assessment. Director-General, MAN, Mr….