At a pivotal moment in Nigeria’s economic and social development, Heirs Holdings Chairman, Tony Elumelu, has emphasized the need for a national strategy to leverage the country's abundant resources and unlock its immense potential.  

The Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-corruption agency, has obtained an order from the Federal High Court to freeze N548.6 million in bank accounts that have been linked to suspected cryptocurrency users on platforms such as ByBit, KuCoin, and others, due to their alleged involvement in naira fluctuations. 

How Corruption is Stifling Nigeria’s Economic Growth – ICPC Boss   The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has said corruption is not merely a legal issue but a common...

Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Scarcity   The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres in July 2023, two months after subsidy was...

DisCos’ Revenue Rises by 40% to N433bn   Revenues earned by electricity Distribution Companies (Discos) in Nigeria in the second quarter of 2024, spanning April to June, rose almost 40 per cent to N433 billion during the period, on the back...

Assets Conversion: NNPCL, Chevron Target 165,000 bpd by December In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd. and its Joint Venture (JV) partner,...