Economy
Nigeria’s First Policy Cuts Cost of Locally Assembled Vehicles to N35 Million
The implementation of Nigeria's First Policy has significantly reduced the cost of locally assembled vehicles, as reported by the News Agency of Nigeria.
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Business
Nigeria Poised as Promising AI Hub in Africa According to World Bank
The World Bank has identified Nigeria as one of Africa's leading centers for Artificial Intelligence (AI) activity, alongside Kenya and South Africa.
Startups
Viral Lagos Life Developer Raises $500,000 at $10 Million Valuation
Nigerian tech startup, Vatar, has secured $500,000 in funding at a $10 million valuation. Here's what you need to know.
Crime & Justice
Learning from Tennessee’s Flawed Execution: A Reflection on Nigeria’s Death Penalty
An analysis of a botched execution in Tennessee highlights the need for Nigeria to reconsider its use of capital punishment.
Finance
Nigeria Pursues Asian Investment Through Financial Innovation Deal in Singapore
The Central Bank of Nigeria (CBN) has engaged Singapore’s Monetary Authority (MAS) and signed a Memorandum of Understanding (MoU) with the Global Finance Trade Network (GFTN) to deepen…
Nigeria
World Bank Predicts 4.3% Growth for Nigeria’s Economy in 2026
The World Bank has predicted that Nigeria's economy will grow by 4.3% in 2026, rising to an average of 4.4% from 2027 to 2028.
News
Water Crisis Imperils Nigeria’s Economic Progress
According to Punch Newspapers, the ongoing water crisis in Nigeria could jeopardize the country's economic growth, impacting sectors like agriculture, manufacturing, and investment.
Politics
World Bank Warns States on Prioritizing Infrastructure Over Human Capital
The World Bank has urged Nigerian states to focus on human capital development instead of prioritizing infrastructure spending, following a 93% surge in revenue.
Finance
Moove Bows Out of Nigeria, Offers N35 Billion Vehicles to Customers
After six years in operation, Moove, a mobility financing company founded in Lagos, has announced it is winding down its Nigeria operations, offering its customers full ownership of…
News
Economic Progress Defended: Tinubu’s Reforms Strengthen Nigeria’s Economy, Says Information Minister
According to the Information Minister, Nigeria's economy is now on a stronger footing due to the reforms implemented by President Tinubu.
Economy
Nigeria Aims for Temporary Petrol Price Reduction to Alleviate Cost-of-Living Crisis
The Nigerian government is considering a temporary reduction in petrol prices to help alleviate the cost-of-living crisis, according to Businessday NG.
Federal Politics
Nigeria Labour Congress Sets Deadline for Tinubu Administration on Petrol Price, Minimum Wage
The Nigeria Labour Congress (NLC) has issued a two-week ultimatum to the administration of Bola Tinubu, demanding a reduction in the price of petrol and renegotiation of the…
Business
Moove Exits Nigerian Market with Gratitude, Transfers N35bn Vehicles to Customers
In a shocking move, ride-hailing service Moove has announced its exit from the Nigerian market, transferring ownership of over N35 billion worth of vehicles to its customers.
Business
Moove Exits Nigerian Market One Month After Uber Departure
Global mobility company Moove has announced its decision to end operations in Nigeria, just a month after Uber exited the market.
Crime & Justice
Customs Seizes Three Live Pangolins in Ogun: A Victory for Wildlife Conservation
The Nigeria Customs Service has made a significant stride in the fight against wildlife trafficking, seizing three live pangolins in Ogun state.