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Facts & Figures

Fact Check: Model of ‘Kaaba’ in Nigeria for Pilgrim Training, Not Replacement for Hajj in Mecca

Fact Check: Model of 'Kaaba' in Nigeria for Pilgrim Training, Not Replacement for Hajj in Mecca Based on the detailed fact check provided by PRNigeria, the claim that a replica of the "Holy Kaaba" in Mecca was built for Muslim pilgrims in Nigeria appears to...

CBN Exempts 16 Items from Cybersecurity Levy…including Salary, Loans, Pension, Donations 

The Central Bank of Nigeria (CBN) has exempted 16 items from 0.5 percent Cybersecurity levy on all electronic transactions.

How NASS Allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget

Most of the projects are not within the statutory mandates of the respective ministries or agencies and mostly located outside the operational jurisdictions/locations of the respective organisations.

How NASS Allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget

Most of the projects are not within the statutory mandates of the respective ministries or agencies and mostly located outside the operational jurisdictions/locations of the respective organisations.

Naira Plunges at NAFEM, Parallel Market

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 the currency. It closed at...

Chainalysis: Cryptocurrency Money Laundering Drops By 29%

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 in 2022 to $22.2bn in...