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News - Page 931

NDLEA Intercepts Saudi-Bound Cannabis at Kano Airport, Seizes ₦6.98bn Tramadol in Lagos

October 18, 2026

The National Drug Law Enforcement Agency (NDLEA) has seized 8,725 kg of powdered tramadol valued at more than ₦6.98 billion at the Apapa port in Lagos and intercepted a Saudi Arabia-bound cannabis

News·Nigeria·Top Stories

SERAP Seeks Court Order to Unravel ₦126.46bn in Questioned INEC Spending

October 18, 2026

The Socio-Economic Rights and Accountability Project (SERAP) has sued the Independent National Electoral Commission (INEC), seeking full disclosure of the management of more than ₦126.46 billion allocated for electoral operations and flagged

Business News·News

Budget 2024: N27.5trn Proposal Small To Meet Nigeria’s Economic Obligations, Claims DG

Amidst the unveiling of Nigeria’s 2024 budget proposal totaling N27.5 trillion, Ben Akabueze, the Director-General of the Budget Office of the Federation, has voiced concerns that the allocated amount falls short of addressing the nation’s pressing economic demands. In an interview with

December 7, 2023

The Alternative Bank, AltMall Offers Customers Exclusive Seasonal Product

Business News·News

The Alternative Bank’s AltMall Offers Customers Exclusive Seasonal Product

As the festive season approaches, The Alternative Bank has announced an offer of a cutting-edge financial product that aims to improve the holiday season for customers. This Alternative Bank’s AltMall, allows customers to instantly acquire desired items and pay in manageable instalments,

December 7, 2023

National Assembly Beats Tinubu’s Timeline On 2024 Budget But Raises Estimates By N1.2trn

Business News·News

2024 Budget: Nigerian Govt To Spend N346bn On Presidential Vehicles, Meals, Others As Civil Societies Lament

In a jaw-dropping revelation, the Nigerian Federal Government’s 2024 budget allocation has sparked widespread concern as it earmarks N346 billion for luxurious expenditures, including presidential vehicles, meals, air fleets, and various other expenses. This eyebrow-raising allocation comes at a time when the

December 7, 2023

Labour·News

Senate Threatens Construction Companies Smuggling Foreign Prisoners To Work In Nigeria

The Chairman of the Senate Committee on Interior, Adams Oshiomhole, has sounded the alarm that prisoners from foreign countries are working at construction sites in Nigeria, threatening to expose the companies involved in the practice. He spoke in Abuja on Wednesday when

December 7, 2023

Business News·News·Oil & Gas

NNPC Seals LNG Deals To Fuel Domestic, International Markets

The Nigerian National Petroleum Company Limited (NNPC) has inked an agreement to supply Liquefied Natural Gas (LNG) to both the domestic and international markets. These landmark deals were formalized during separate signing ceremonies held on the sidelines of the United Nations Climate

December 7, 2023

Tinubu Set To Attend COP 28 Summit In Dubai

Business News·Finance & Economy·News

Nigerian Govt Allocates N100bn For National CNG, Electric Vehicle Deployment

In a move toward a sustainable and cost-effective transportation future, the Presidential Compressed Natural Gas (CNG) Initiative announced the allocation of N100 billion for the proliferation of CNG buses across Nigeria. The initiative, outlined in a statement released on Wednesday, detailed plans

December 7, 2023

Africa·News

COP28: Shelter Afrique Partners IsDBI To Provide Affordable Housing Across Africa

Shelter Afrique, a leading Pan-African Housing Finance Institution, announced a collaboration with the Islamic Development Bank Institute (IsDBI) during the sidelines of COP28, in Dubai. This partnership aims to create tailored Islamic Housing Finance Products to meet the increasing demand for affordable

December 7, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Business News·News

Why Banks Will Disconnect Non-deposit Financial Institutions From Transfer List

In a directive from the Nigeria Inter-Bank Settlement System (NIBSS), United Bank of Africa (UBA), First Bank, and others across the country have been mandated to disconnect various non-deposit-taking financial entities from their NIP (Nigeria Inter-Bank Settlement System Instant Payment) Outwards System.

December 7, 2023

National Assembly Suspends Legislative Activities For Seven Days To Mourn Buhari

Business News·News

Stop Tax Waivers To Companies – NASS Tells FG After Nigeria Lost N3Trn In 2023

After learning from the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, that Nigeria has already lost over N3 trillion to tax waivers this year, the National Assembly joint committee on Appropriations has urged the federal government to

December 7, 2023

Official Market Records Decline In Dollar Rate, Trade Flat In Black Market

Business News·Currency·News

Naira Hits New Record Low At N951/$1 – Experts Urge Drastic Economic Shifts

In a dramatic plunge, the Nigerian Naira plummeted to a historic low of N951/$1, marking a 15.19% depreciation in the official market. Wednesday’s trading saw fluctuations, with an intraday high of N1159.10/$1 and a low of N701/$1, showcasing a concerning spread of

December 6, 2023

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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News - Page 931

NDLEA Intercepts Saudi-Bound Cannabis at Kano Airport, Seizes ₦6.98bn Tramadol in Lagos

SERAP Seeks Court Order to Unravel ₦126.46bn in Questioned INEC Spending

Budget 2024: N27.5trn Proposal Small To Meet Nigeria’s Economic Obligations, Claims DG

The Alternative Bank’s AltMall Offers Customers Exclusive Seasonal Product

2024 Budget: Nigerian Govt To Spend N346bn On Presidential Vehicles, Meals, Others As Civil Societies Lament

Senate Threatens Construction Companies Smuggling Foreign Prisoners To Work In Nigeria

NNPC Seals LNG Deals To Fuel Domestic, International Markets

Nigerian Govt Allocates N100bn For National CNG, Electric Vehicle Deployment

COP28: Shelter Afrique Partners IsDBI To Provide Affordable Housing Across Africa

Why Banks Will Disconnect Non-deposit Financial Institutions From Transfer List

Stop Tax Waivers To Companies – NASS Tells FG After Nigeria Lost N3Trn In 2023

Naira Hits New Record Low At N951/$1 – Experts Urge Drastic Economic Shifts

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NDLEA Intercepts Saudi-Bound Cannabis at Kano Airport, Seizes ₦6.98bn Tramadol in Lagos

SERAP Seeks Court Order to Unravel ₦126.46bn in Questioned INEC Spending

Nigeria Brokers Fresh Push to mend ECOWAS Rift with Sahel Bloc

Kenya Confirms Four New Ebola Cases, Total Rises to Seven

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

NDLEA Intercepts Saudi-Bound Cannabis at Kano Airport, Seizes ₦6.98bn Tramadol in Lagos

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