German police finds 190kg of cocaine hidden in banana crates

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Police in Germany have discovered around 190 kilogrammes of cocaine hidden in banana crates in the western city of Hildesheim. The State Criminal Police Office...

Nigeria’s ₦5,000 cash transfer increased households welfare – World Bank

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The World Bank said on Friday the Federal Government’s ₦5,000 cash transfer scheme has increased households’ and women’s welfare over time. However, the Bretton Wood...

IMF warns Nigerian govt on amendment of CBN Act

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The International Monetary Fund (IMF) has warned that the ongoing amendment to the Central Bank of Nigeria (CBN) Act would weaken the apex bank’s...

Malabu: US. lawmakers demand fresh probe into Shell, Eni’s bribery allegation

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The last has not been heard of the controversies surrounding the 2011 deal for lucrative Nigerian oil bloc, Oil Prospecting Lease (OPL) 245 popularly...

Nigerian govt spent $1.12bn on foreign debt servicing in Q1|24 – CBN

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The Federal Government spent $1.12 billion on foreign debt service payments in the first quarter of 2024. This brought to the fore the growing...