The National Bureau of Statistics (NBS) has announced a rise in Nigeria’s inflation rate to 24.23% for March 2025. This figure shows an increase from the 23.18% recorded in February …
BusinessEconomyFinance & ServicesNigeriaWestern Africa
Category:
Western Africa
- AfricaBusinessBusiness and EconomyCrimeCryptocurrencyCyber securityNigeriaTechnologyWestern Africa
SEC Warns Celebrities, Influencers Over Promotion of Meme Coins, Illegal Crypto Platforms
ABUJA — The Securities and Exchange Commission (SEC) has cautioned Nigerian celebrities and social media influencers against promoting digital asset platforms and meme coins that are not registered or licensed. …
- BusinessCrimeCyber securityFinance & ServicesKenyaNigeriaTechnologyWestern Africa
CBEX Crash: $800 Million Crypto Scam Rocks Nigeria and Kenya
A digital asset platform called CBEX has collapsed, leaving thousands of Nigerians and Kenyans in shock after losing over $800 million in what investigators describe as a well-planned Ponzi scheme. …
- Arts & CultureNigeriaWestern Africa
Nigerian Traditional and Religious Leaders Join Forces with Ford Foundation to Tackle Gender-Based Violence
Nigerian traditional, religious, and community leaders are partnering with the Ford Foundation to address gender-based violence (GBV) in West Africa by transforming harmful cultural and religious practices that reinforce inequality. …
- GOVERNMENTLabourNigeriaWestern Africa
PCC, PTAD Join Hands to Solve Pension Complaints, Educate Retirees
The Public Complaints Commission (PCC) has promised to support the Pension Transitional Arrangement Directorate (PTAD) in creating more awareness among pensioners under the old Defined Benefit Scheme. This move is …
- Business and EconomyEconomyEnergyFinance & ServicesGOVERNMENTNigeriaOil & GasWestern Africa
Fitch Raises Nigeria’s Credit Rating After Key Economic Reforms
International credit rating agency, Fitch Ratings, has upgraded Nigeria’s long-term foreign-currency rating from ‘B-‘ to ‘B’, changing the country’s outlook from negative to stable. This announcement was made in a …
- AfricaEconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaTrade and CommerceWestern Africa
Afreximbank Disbursed $50bn to Nigeria in 10 Years – Oramah
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …
- Business and EconomyEconomyEnergyNigeriaOil & GasWestern Africa
Nigeria’s Crude Oil Reserves Now 37.28 Billion Barrels – NUPRC Boss
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that Nigeria’s crude oil and condensate reserves have reached a total of 37.28 billion barrels, with gas reserves standing at …
- AviationBusiness and EconomyEconomyGOVERNMENTLabourNigeriaWestern Africa
Aviation Unions Threaten Strike Over Unfulfilled Agreement with NiMet
Three major aviation unions in Nigeria have threatened to resume a suspended strike over alleged breaches of agreement by the Nigerian Meteorological Agency (NiMet). The unions, in a jointly signed …
- AgribusinessAgricultureBusiness and EconomyGOVERNMENTInfrastructureNigeriaWestern Africa
FG Launches Agro-Processing Zones to Boost Food Security, Farmers’ Income
Stakeholders in Nigeria’s agricultural sector have expressed strong support for the Federal Government’s launch of the Special Agro-Industrial Processing Zones (SAPZ), describing the initiative as a major step toward food …