Custodians of Truth
The Nigeria Police Force has arrested 130 individuals, including 113 foreign nationals, for alleged involvement in high-level cybercrimes and hacking. The suspects, primarily of Chinese and Malaysian origin, along with 17 Nigerian collaborators, were apprehended during a raid on a […]
The World Bank has joined forces with DO Take Action, a prominent non-profit startup dedicated to sustainable development in Africa, to introduce an innovative initiative aimed at empowering women entrepreneurs in Nigeria. Precious Ebere, Co-Founder of DO Take Action, announced […]
The Federal Government of Nigeria, through the National Sugar Development Council (NSDC), is actively encouraging both local and international investors to explore opportunities within the nation’s burgeoning sugar sector, which boasts a robust local demand and a $7 billion African […]
In a monumental show of global solidarity, Saudi Arabia, through the King Salman Humanitarian Aid and Relief Centre (KSrelief), pledged over $1.1 billion at a major donors’ conference in Jeddah to support displaced populations and refugees in the Sahel and […]
The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), commonly known as petrol, directly to some oil marketers, bypassing the Nigerian National Petroleum Company (NNPC) Limited. This development has prompted more oil marketers to seek direct purchases from […]
The International Monetary Fund (IMF) has reported that the Nigerian naira is showing signs of stabilisation, largely due to recent interest rate increases and measures taken by the Central Bank of Nigeria (CBN) to address foreign exchange backlogs. This update […]
A global climate organization, supported by the Rockefeller Foundation and the Bezos Earth Fund, is piloting a solar mini-grid program in Nigeria aimed at addressing the country’s erratic power supply. According to a report by Bloomberg, the Global Energy Alliance […]
Nigeria is poised to benefit significantly from Germany’s planned €4 billion investment in green energy projects across Africa by 2030. This was revealed by Dr. Felix Ale, Director of Media and Corporate Communications at the National Space Research and Development […]
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on large cash deposits until March 31, 2025. With this extension, cash deposits over N500,000 by individuals and N3 million by companies will continue to be exempt […]
Asian markets opened the week with mixed performances on Monday as traders reacted to China’s central bank interest rate cuts aimed at revitalizing the country’s slowing economy. Despite gold hitting a record high amid geopolitical concerns, the optimism from Wall […]