Shortage Of Gas Frustrating Power Supply In Nigeria, Minister Laments

Minister of Power, Abubakar Aliyu, has lamented that shortage of gas shortage has been frustrating government’s effort in the power sector. He explained that the...

Again, Naira Crashes Against Dollar

The Naira has continued to depreciate against the dollar at the Investors and Exporters window, exchanging at N430.67. The figure represented a decrease of 0.16...

Nigeria Moves To Stop Farmers From Selling Agric Commodities Directly to Foreigners

Nigerian government has taken steps to stop farmers from selling agric commodities to foreigners directly. The Federal Executive Council (FEC), headed by President Muhammadu...

NCC Alerts Nigerians Of Existence Of New Malware Designed To Scam Organizations

The Nigerian Communications Commission (NCC) has alerted Nigerians of the existence of Ransomware, which is a malware designed to deny a user or organization...

Naira Falls Against Dollar At Official Market; It’s N444/$

The Nigerian currency, Naira, fell heavily against the United States dollars at the official market yesterday, August 11. It went for N444 to a...

Crypto Currencies May Destroy Nigeria, Other Nations’ Monetary Sovereignty – UN Body

The United Nations Conference on Trade and Development (UNCTAD) has called for action to curb cryptocurrencies in Nigeria and other developing nations. The UN trade...

Communications Commission Discovers New Malware, HiddenAds On Users’ Privacy

The Nigerian Communications Commission's Computer Security Incident Response Team (NCC-CSIRT) has flagged a new malware, HiddenAds, which has infiltrated Google Play Store that can...

Minister Declares Oil Theft A National Emergency, Says 400,000 Barrels Of Crude Stolen Daily

Minister of State for Petroleum Resources, Timipre Sylva, has declared oil theft in the country a national emergency, with about 400,000 barrels of crude...

Firstbank Confirms “Unlawful” Sealing-Off Of Abuja Branch

The Media and External Relations of the Firstbank’s Coomassie House Branch in Abuja, Kehinde O Taiwo, has confirmed the sealing-off of the bank yesterday...

Court Orders Providus Bank To Refund N329.4 Million To Customer Over Alleged Scam

A Federal High Court in Lagos has ordered Providus Bank Limited to refund the sum of N329,454,650.28 to Aqua 10 Nigeria Limited for alleged...
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