March 02, 2023
Nigeria: 7% of Nigerian Internet Users Affected By Phishing in 2022 - Kaspersky
"Among the financial phishing attempts in Nigeria 31.1% were through websites of fake payment systems." Read more »
February 28, 2023
Nigeria: Global Oil Windfall Shoots Seplat's Revenue to Historic N404bn but Profit Shrinks
Its revenue strengthened by more than one-third to N403.9 billion year on year even when oil production was 6.8 per cent weaker Read more »
Nigeria: #NigeriaDecides2023 - Labour Party Continues Upset in Enugu, Wins Another Reps Seat
The INEC Returning Officer for the constituency, Adaku Ezeibe, announced the result on Monday. Read more »
February 27, 2023
Nigeria: Dangote Cement's Annual Sales Touch Record N1.6trn
The industrial giant recorded the fairly stronger revenue despite a slide in sales volume, hiking prices of products to boost turnover, as data from its earnings report shows. Read more »
Nigeria: #NigeriaDecides2023 - Labour Party Rejects Collation of Results of Presidential Election
The opposition party questioned the integrity of the collation and announcement exercise at the national collation centre in Abuja. Read more »
February 23, 2023
Nigeria: Ignore Fraudulent Messages On Telecom Networks Shut Down, NCC Urges Consumers
NCC, the regulatory authority for the telecommunications industry in Nigeria urges consumers of services to ignore fraudulent and misleading information circulating in some social… Read more »
Nigeria: 2023 - Gunmen Kill Labour Party Senatorial Candidate, Five Others in Enugu
The police have confirmed the killing. Read more »
Nigeria: We've Prevented Over Three Million Barrels of Crude Oil Theft in Five Years - NSA Monguno
The NSA said the crime was perpetrated within Nigeria's Exclusive Economic Zone (EEZ) up to the Republic of Togo. Read more »
February 22, 2023
Nigeria: Naira Falls At Official Market Amid Cash Crunch
Naira closed at N461.60 per $1 at the spot market on Wednesday, depreciating by 0.1 per cent. Read more »
Nigeria: Nigeria's GDP Growth Fell to 3.1% in 2022 - NBS
The agriculture sector grew by 2.05 per cent as its performance was significantly hampered by severe incidences of floods, the NBS said. Read more »
Nigeria: Oil Theft Is Threat to National Security - Osinbajo
83 oil tankers involved in various crude oil and product theft have been arrested, an official said. Read more »
Nigeria: Supreme Court Adjourns Ruling On Naira Redesign Till After Presidential Election
The Supreme Court adjourned the naira redesign suit for judgement after hearing arguments for and against it on Wednesday. Read more »
Nigeria: Shell Pledges Support for Federal Govt's Efforts to Preserve Oloibiri Heritage
Oloibiri is where Shell first struck oil in commercial quantity in 1958. Read more »
February 21, 2023
Nigeria: The Japa Trend - Reversing the Effects
A developed Nigerian economy would reverse the brain drain to brain gain, as even the diaspora professionals would find their home country attractive enough to return to. Read more »
Nigeria: Bank Operators Urge Traders, Merchants to Adopt Cashless Policy Amidst Naira Scarcity
The bank operators urged customers to hold less cash and embrace online transactions. Read more »
Nigeria: Nigeria Dismisses Fake News About Release of Old N500, N1000 Notes
The bank said it is only reissuing the old N200 as approved by the president. Read more »
Nigeria: Average Retail Price of Petrol in Nigeria Up 54% in January - NBS
The highest average retail price was recorded in the South-East at N307.85, while the North-Central had the lowest (N217.15). Read more »
February 20, 2023
Nigeria: 40% of Crude Oil Losses Caused By Measurement Inaccuracies - NUPRC
The revelation followed a forensic audit conducted by the commission covering the period from January 2020 to November 2022. Read more »
February 18, 2023
Nigeria: 2023 - in Final State Rally, Atiku Pledges to Deliver Quality Education, Buoyant Economy
The former Vice President said he would ensure good governance and a peaceful country if elected. Read more »
February 20, 2023
Nigeria: Falana Writes CBN, Requests Information On New Naira Notes
Mr Falana sought the information on new naira notes in response to CBN's claim that politicians were mopping up the new naira notes released into circulation. Read more »
Nigeria: Govt Using CBN Naira Policy to Go After Criminals - Ezekwesili
"But there's a second thing that we seem to be solving for which has now taken ascendancy over the monetary policy. We are using the central bank to solve the problem of… Read more »
February 19, 2023
Africa: Wanted - an African As World Bank Chief
While all our attention is focussed on the forthcoming Nigerian presidential elections, events of global proportions are shaping up elsewhere in the world. Since time will not wait… Read more »
February 17, 2023
Nigeria: Currency Crisis - Rioters Block Lagos-Ibadan Expressway As Protest Rocks Lagos
The rioters, who are raining curses on the Nigerian government, said the currency crisis currently rocking the country is biting harder. Read more »
Nigeria: CBN's Poorly Thought-Through Currency Redesign and Monetary Policy
The CBN's new currency redesign programme is a poorly thought-out approach that fails to take into account the realities of the Nigerian economy. Read more »
February 16, 2023
Nigeria: Naira Redesign - Emefiele Urges Compliance With Buhari's Directive
The new directive is expected to increase the circulation of the N200 note and simplify business transactions Read more »