Dangote Refinery Faces High Costs, Imports Crude from US Despite Nigeria’s Oil Wealth. Join our WhatsApp group Aliko Dangote, the head of Dangote Industries Limited, has revealed a surprising challenge facing his massive petroleum refinery: it has to import a…
Court Drops N12.3 Billion Fraud Charges Against Chief Oba Otudeko After Settlement. Join our WhatsApp group A major fraud case involving Chief Oba Otudeko, the Chairman of Honeywell Group, and others, has been dismissed by the Federal High Court in…
CBN holds interest rates flat at 27.5% for 7 straight times The Central Bank of Nigeria (CBN) recently concluded its 301st Monetary Policy Committee (MPC) meeting on Tuesday, July 22, 2025. During this crucial meeting, the committee made key decisions…
Trade between Nigeria and Egypt hits $315 million in 2024 – Egyptian Foreign Minister Trade between Nigeria and Egypt reached $315 million in 2024, according to Egypt’s Minister of Foreign Affairs, Dr. Badr Abdelatty. He shared this information at the…
ABU Zaria Gets Huge EU Grant for AI Microscope to Fight Diseases Join our WhatsApp community Ahmadu Bello University (ABU) in Zaria has just received a €5 million (about N9 billion) grant from the European Union (EU). This money will…
Nigerian Court Seizes $222K in Crypto from Cybercrime Group Including Chinese Nationals A Federal High Court in Lagos has ordered the permanent seizure of $222,729.86 in USDT (a type of cryptocurrency). This money was taken from suspected members of an…
See 7 investment platforms flagged as Ponzi schemes by SEC so far in 2025 It’s becoming harder for Nigerians to spot genuine investment opportunities from fake ones, as more people are using social media and digital tools for money matters.…
CBEX Crypto Fraud Case: Promoters Granted Bail, MD Awaits Decision The Federal High Court in Abuja has taken action regarding the alleged large-scale investment fraud involving Crypto Bridge Exchange (CBEX). Avwerosuo Otorudo and Chukwuebuka Ehirim, two individuals linked to CBEX,…
Nigeria’s young workforce fuels surge in digital skills, GenAI learning – Coursera Report Nigeria’s young, digitally savvy workforce is driving a major surge in digital skills, especially in Generative AI (GenAI), according to Coursera’s 2025 Global Skills Report. This positions…
US-Nigeria Trade Dynamics: A Shifting Landscape Amidst Crude Oil Dominance Join our WhatsApp Community The United States reinforced its reliance on Nigerian crude oil, importing $1.34 billion worth of it between January and May 2025. This solidifies Nigeria’s position as…
Elon Musk, Jeff Bezos add $7.8 billion to net worth in 1 day Imagine gaining more wealth in a single day than many will see in a lifetime. That’s exactly what happened this past Friday for Elon Musk and Jeff…
Recommended stocks earlier this year, See how they are performing Imagine a seasoned investor, not just following the crowd, but seeing opportunities others miss. That’s the spirit behind what we’re about to explore. This isn’t just a recap of successful…
Gamsole founder Abiola Olaniran, 36, dies Olaniran was more than a brilliant mind behind a computer screen — he was proof that greatness could rise quietly, from places the world rarely watches. A graduate of Obafemi Awolowo University, his journey…
International Air Show to be hosted in Abuja in December The Federal Government has selected Abuja as the host city for the Nigeria International Air Show, scheduled to take place in December 2025. Abuja was selected over Lagos and Uyo…
Use of jamming systems can address challenges posed by insurgents in Nigeria – Bright Echefu Bright Echefu, the Chairman of EIB Group and Briech UAS, has suggested that security forces in Nigeria could effectively tackle insurgent challenges by utilizing jamming…