Customs Delivers Seized Containers of Expired Drugs to NAFDAC The Nigeria Customs Service, Kirikiri Lighter Terminal Command, said it handed over nine containers of expired pharmaceuticals to the National Agency for Food and Drug Administration and Control. The Customs Area Controller in charge of the command,...

CBEX: SEC to Gag Unlicensed Exchanges as Nigerians Fall to N1.3tn Ponzi Scheme The Securities and Exchange Commission has issued a fresh warning to Nigerians, declaring that all investment and digital asset platforms not registered with the Commission are operating illegally. The warning came to light...

Federation Account Allocation Declines to N1.57tn in Three Months The Federation Account Allocation Committee has reported a further decline in monthly disbursements to the Federal Government, states, and local government councils, with a total of N1.578tn shared as March 2025 revenue. This marks the third consecutive...

Trump Tariffs Threaten Nigeria's Economy as Oil Price Slumps - FG The CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, says the ongoing instability in global oil markets is negatively impacting Nigeria’s economy. He said while falling petroleum product prices may benefit...

The Naira appreciated against the US dollar on Monday, closing at N1,599.00/$1 in the official market.

The Central Bank of Nigeria (CBN) has warned deposit money banks to avoid raising capital from illicit sources as part of the ongoing recapitalisation exercise.