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Nigeria’s

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Nigeria’s headline inflation surges to 33.95% in May thumbnail

Nigeria’s headline inflation surges to 33.95% in May

Again, Nigeria’s inflation rate increased to 33.95 per cent in May 2024 according to the latest data from the National Bureau of Statistics. This represents a month-over-month increase of 0.26 per cent points in the headline inflation rate from 33.69 per cent recorded in April, the NBS stated in the Consumer Price Index report released
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Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say thumbnail

Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say

While Nigeria’s move toward legally recognizing and licensing digital asset firms is a great leap for the industry, the prohibitive fees are unrealistic for the local players, one analyst says.Nigeria’s Securities and Exchange Commission (SEC) published its proposed rules for virtual asset service providers (VASPs) in mid-2022. The rules included licensing fees, capital requirements, operational guidelines and
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How Nigeria’s Baby Factory Crisis Made the News (Again) thumbnail

How Nigeria’s Baby Factory Crisis Made the News (Again)

On June 5, 2023, Nigerian Army troops discovered and rescued 21 pregnant women, a woman, two babies, a generator, and a stretcher with food items. They acted on an anonymous tipoff and raided a building in Umunkpei Nvosi, Abia State, to make this happen.  The survivors were held hostage in a building used for child
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Nigeria’s New SGF: What You Need to Know About George Akume thumbnail

Nigeria’s New SGF: What You Need to Know About George Akume

George Akume has been officially sworn in as the new Secretary to the Government of the Federation. Who is he, and what does his job entail? Last Updated June 7, 2023 Today, June 7, President Bola Tinubu officially swore in George Akume as the new Secretary to the Government of the Federation (SGF). The Benue-born
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Nigeria’s top players compete at second Wiser Squash Invitational in Abuja thumbnail

Nigeria’s top players compete at second Wiser Squash Invitational in Abuja

Sunday, May 8, 2022 Gabriel Olufunmilayo and Busayo Olatunji Gabriel Olufunmilayo and Busayo Olatunji have won the second edition of the Wiser Squash Invitational in Abuja. Olufunmilayo defeated Adegoke Onaopemipo 3-1 (11/5, 11/8, 5/11, 11/9) on Saturday to defend his title in the men’s category. Similarly, Olatunji fought hard to see off Rofiat Abdulazeez 3-2…
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Nigeria's former CJN, governors, pastors named in Pandora Papers thumbnail

Nigeria’s former CJN, governors, pastors named in Pandora Papers

Former Anambra State governor Peter Obi A number of high-profile persons in Nigerians have been named in the Pandora Papers scandal for flouting “extant laws and legislations as they hide these assets,” Premium Times reported. Pandora Papers investigation — involving some 600 journalists from media including The Washington Post, the BBC, The Guardian, and Nigeria’s…
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