Poverty Rate Rises To 63% After Fuel Subsidy Removal – Study
A new study has revealed that about 63 percent of Nigerians fell below the poverty line following the removal of petrol subsidy. The research, presented…
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CBN Introduces Automated Anti-Money Laundering Rules For Banks, Fintechs
The Central Bank of Nigeria has introduced new compliance rules requiring banks, fintech companies and other financial institutions in the country to deploy automated anti-money…
Three Jailed 10 Years For Arms Trafficking In Taraba
A Chief Magistrate Court Grade 1 sitting in Jalingo, the capital of Taraba State, has convicted three persons arrested by the Department of State Services…
IEA To Release 400 Million Barrels Of Oil Amid Middle East War
The International Energy Agency has announced that its member countries will release 400 million barrels of oil from emergency reserves to reduce the impact of…
NLC Backs FG’s Approval Of Gratuity For Retiring Civil Servants
The President of the Nigeria Labour Congress, Joe Ajaero, has welcomed the Federal Government’s approval of an enhanced gratuity for retiring federal civil servants. Ajaero…
Drone Attack Forces Shutdown Of Major UAE Refinery
One of the world’s largest refineries in the United Arab Emirates has been shut down as a precaution following a drone attack near the facility,…
Customs Intercepts ₦6.38bn Worth Of Illegal Goods At Apapa Port
The Nigeria Customs Service has intercepted 13 containers of prohibited and expired goods valued at about ₦6.38 billion at Apapa Port following intensified enforcement operations.…
U.S. Embassy Warns Of Possible Terrorist Threat In Nigeria
The United States Embassy in Nigeria has issued a security advisory warning American citizens about a possible terrorist threat targeting US facilities and US-affiliated schools…
Students Escape As School Building Collapses in Lagos
Students and staff narrowly escaped death after a four-storey school building collapsed in the Ogba area of Lagos. The structure, which housed Yemco Nursery, Primary…
Oil Prices Surge Above $100 as Iran Conflict Escalates
Global oil prices jumped above $100 per barrel in early Asian trading on Monday as tensions in the Middle East intensified following the escalating conflict…