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The National Drug Law Enforcement Agency (NDLEA) has recorded 974 convictions of drug offenders across Nigeria in the first quarter of 2026. This includes 11 major drug kingpins who collectively received 254 years in prison. The figures were contained in…
Read moreNigerian Infrastructure Debt Fund (NDIF) has reported a pre-tax profit of N5.3 billion in Q1 2026, compared to N6.2 billion recorded in the corresponding period of 2025. A filing by its fund manager, Chapel Hill Denham Investments, shows the decline was largely due…
Read moreNigeria has officially unveiled DNS Security Extensions (DNSSEC) on the .ng domain, in a move aimed at strengthening the country’s digital infrastructure and cybersecurity framework. The unveiling was carried out by Nigeria Internet Registration Association (NiRA), the registry responsible for…
Read moreCentral Bank of Nigeria and Financial Market Dealers’ Association Announce the Nigerian Overnight Financing Rate (NOFR) as New Money Market Benchmark
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Read moreU.S. authorities have charged two UK-based Nigerian nationals over an alleged large-scale tax fraud scheme that sought to siphon more than $100 million from the Internal Revenue Service (IRS) using stolen identities. According to indictments unsealed on Wednesday in the…
Read moreA Nigerian couple, Luciana and Femi Akanbi, have been sentenced to three years and nine months in prison in the United Kingdom for orchestrating a large-scale tax fraud that siphoned over £433,000 from public funds using stolen personal data. According…
Read moreThe Doing Business in Nigeria Conference (DBNC) is a platform for strategic business engagement, innovation, and high-level networking. Since its inception, it has convened top entrepreneurs, investors, and industry leaders to address the challenges and seize the opportunities shaping the…
Read moreAt a time when Nigeria’s economic discourse is dominated by inflation, exchange rate pressures, and subsidy reforms, the real impact is most visible in everyday life. The post N300,000 monthly salary loses value as Abuja living costs squeeze households …
Read moreAfrican Export-Import Bank (Afreximbank) reported a 2025 profit of US$1.15 billion (N1.5 trillion), up from US$973.5 million (N1.3 trillion) in 2024, reflecting improved earnings performance. This growth was supported by interest income of about N4.2 trillion at an exchange rate…
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