UK Pledges Support for Nigeria’s Investment Climate Reforms

UK Pledges Support for Nigeria’s Investment Climate Reforms

The United Kingdom has committed to a side-by-side partnership with Nigeria to dismantle bureaucratic bottlenecks and stabilise the country’s business environment. Alice Clarke, Head of Macroeconomic Stability at the British High Commission, announced the move during a diplomatic roundtable in Abuja. She noted that businesses do not experience reform in theory but through the speed…

Read More
EFCC: $160bn Lost to Global Crypto Fraud

EFCC: $160bn Lost to Global Crypto Fraud

Criminal networks laundered or stole more than $160 billion through cryptocurrency transactions in 2025. Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), revealed these figures at a United Nations summit in Abuja. He warned that digital assets like Bitcoin now serve as the primary vehicle for moving illicit funds across borders. Weak…

Read More

SERAP Probes Rivers Govt Finances During Emergency Rule

  The Socio-Economic Rights and Accountability Project (SERAP) has demanded transparency and accountability regarding the six-month administration of Rivers State Sole Administrator, Vice Admiral Ibok-Ete Ibas (rtd), and alleged spending of over N302 billion received from the Federation Account Allocation Committee (FAAC). SERAP disclosed that the Rivers State Accountant-General and the Ministry of Budget and…

Read More

Edo State Grants Coal Power Licences To Chinese Firms

  Edo State has granted licences to Chinese firms to generate electricity from coal deposits, marking a significant shift in the state’s energy and industrial strategy under Governor Monday Okpebholo’s administration. Commissioner for Mining, Andrew Ijegbai, disclosed that the licences form part of efforts to boost electricity supply to residents. According to him, a feasibility…

Read More

Congo Court Confirms Nguesso’s 94.9% Landslide Victory

  Congo-Brazzaville’s Constitutional Court has confirmed President Denis Sassou Nguesso’s re-election with 94.9 per cent of the vote, extending the 82-year-old leader’s four-decade rule over the oil-rich central African nation. The March 15 election gave Nguesso a new five-year term, court president Auguste Iloki announced at a public hearing at the weekend. “Nguesso won an…

Read More