FG Revokes 924 Mineral Licences, Fine Racketeers The Federal Government through the Ministry of Solid Minerals Development has revoked 924 dormant mineral licences to enhance the mining sector’s transparency and efficiency. This action was taken as the government identified licence racketeering as one of the main...

AfDB Advocates End to $824bn Resource-backed Loans in Africa The President of the African Development Bank, Akinwumi Adesina, has said that non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth are undermining African economic potential. According to a statement from the bank on...

The Federal Government has ordered the immediate suspension of Dana Airline pending a comprehensive audit on its fleet. 

In order to develop a database for the nation's port industry, the Nigerian Shippers' Council (NSC) has launched a mandatory online registration process for regulated port service providers and users.

Nigeria's economic hardship has continued with fuel prices continuing to soar in March 2024, caused mainly by the current economic reforms embarked upon by the Bola Tinubu administration, the dynamics of international energy rates as well as Nigeria’s inability to refine its fuels locally. 

Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has revealed how much banks in Nigeria have lost to internet fraud, otherwise known as Yahoo-Yahoo Boys, in 2022.