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Uganda Detains 9 Finance Officials Over $16.87M Central Bank Heist

Uganda's fight against corruption intensified as police detained nine finance ministry officials linked to a $16.87 million theft. The cyberattack targeted the Bank of...

Price Wars Intensify: Marketers Abandon NNPCL for Dangote Refinery

Marketers across Nigeria are rebranding their filling stations, abandoning the Nigerian National Petroleum Company Limited (NNPCL) amid fierce competition from the Dangote Petroleum Refinery. The...
Nigeria's FX Reserves Drop by $1.16 Billion in January Amid Increased Dollar Sales to BDCs

Nigeria’s FX Reserves Drop by $1.16 Billion in January Amid Increased Dollar Sales to...

Nigeria’s foreign exchange reserves fell sharply by $1.16 billion in January 2025, marking the steepest monthly drop since April 2024. The reserves, which stood...

FG Approves ₦4.8bn for HIV Treatment, Protect Nigerians from Trump-Era Healthcare Cuts

The Nigerian government has approved ₦4.8 billion to ensure uninterrupted HIV treatment as US foreign aid policies shift under President Donald Trump. The Federal Executive...

LAMATA Begins Stakeholder Talks on 57km Purple Line to Ogun and Lagos, Reduce Traffic...

The Lagos Metropolitan Area Transport Authority (LAMATA) has begun discussions with stakeholders on the proposed 57-kilometer Purple Line. The rail project, expected to ease...