Nigeria

Nigeria is gearing up for another substantial rate hike as part of its aggressive measures to combat soaring inflation levels. The impending move reflects the government’s determination to rein in …

Two high-ranking executives from Binance, the world’s leading cryptocurrency exchange, will remain in Nigeria detention for at least two more weeks in Nigeria after appearing in court for the first …

Qatar and Nigeria have agreed to enhance their cooperation and partnership in various fields, including education, mining, tourism, and sports. The two countries signed seven agreements on Sunday during the …

In Abuja, a trader’s scheme to sell local rice as foreign ends with police intervention and a significant seizure.

Nigeria has approved the immediate resumption of cash transfers to 12 million vulnerable households, Finance Minister Wale Edun said on Monday, amid a cost-of-living crisis and calls by labour unions …

Nigeria, Africa’s most populous nation and largest oil producer is embracing a new form of sustainable transportation: electric scooters. A startup called Spiro has partnered with the Ogun State government …

Zamfara, a state in northwest Nigeria, is facing a surge of violence from armed gangs known as bandits. The criminals have been terrorizing the region for years, kidnapping people for …

Nigeria’s state-owned oil company NNPC has assured consumers that it will not increase the price of petrol despite the recent devaluation of the local currency, the naira. The naira plunged …

Nigeria’s central bank has increased the interest rates on short-term debt obligations in a bid to attract foreign investors and stabilize the naira, the country’s currency. The Abuja-based Central Bank …

Nigeria’s Central Bank identifies $2.4 billion irregularities in overdue forex transactions amid a naira crisis; a Deloitte audit exposes issues.