Economy

By John Ikani President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board...

By John Ikani The Nigerian Economic Summit Group (NESG) has issued a cautionary report on the potential economic benefits of domestic crude oil refining. While local refining offers a path towards economic growth, job creation, and...

The Republic of Benin has stopped its neighbouring Niger from using its port to ship its first crude oil, stemming from border disagreement between both West African nations. President of Benin, Patrice Talon has demanded the...

By John Ikani Nigerians are fuming over a new levy imposed by the Central Bank of Nigeria (CBN) on electronic bank transfers. The 0.5% levy, intended to boost cybersecurity funding, is set to take effect in...

By Emmanuel Nduka The Nigerian Government led by President Bola Tinubu have been accused of soliciting bribes to the tune of $150 million from global cryptocurrency giant Binance, the firm’s executive disclosed on Tuesday. Tigran Gambaryan,...

By Enyichukwu Enemanna Richard Teng, the CEO of cryptocurrency exchange Binance on Tuesday alleged that Nigeria is setting a dangerous precedent following the detention of its executives who were invited to the African country in a...