Alleged Defamation: Court acquits Young Journalists, Chides Police, Kwara Magistrate for Shoddy trial   The Kwara state high court, sitting as an appellate court in Ilorin, has discharged and acquitted two journalists convicted for publishing a defamatory article against a rice...

Naira Plunges at NAFEM, Parallel Market The Naira value weakened by 1.9% or N28.73 against the United States Dollar on Thursday, February 22 on the Nigerian Autonomous Foreign Exchange Market (NAFEM) despite unconventional approaches to ease the free fall of...

Oil Prices Rise As Houthis Strengthen Their Attacks On Thursday, oil prices rose as Iran-aligned Houthis stepped up their attacks in the Red Sea near Yemen while the market faced a large build in crude inventories in the world’s largest...

Chainalysis: Cryptocurrency Money Laundering Drops By 29% A Chainalysis report states that money laundered through cryptocurrency exchanges declined by 29 per cent in 2023. The report, obtained on Thursday, revealed that those illicit funds dropped by approximately $9.3bn, declining from $31.5bn...

ICPC Boss Blames Present Economic Hardship on Corruption   The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Adamu Aliyu SAN, has ascribed the current economic challenges facing the nation to corruption. The ICPC Chairman said this...

Capping: Kaduna Electric Set To Refund Customers   Kaduna Electric is set to comply with the Nigerian Electricity Regulatory Commission's (NERC) order, mandating it to refund over billed customers. Kaduna Electric and other Distribution Companies in the country were sanctioned for non...