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The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange. CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access their funds. Speaking on the […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority(NMDPRA) says Nigeria has significantly reduced its importation of Premium Motor Spirit(PMS), cutting daily volumes from 44.6 million litres in August 2024 to 14.7 million litres. This was made known by the Chief Executive Office, Farouk Ahmed, during the Meet-the Press briefing series organised by the Presidential Communications […]
The Minister of Aviation and Aerospace Development, Festus keyamo says Nigeria has signed a Bilateral Air services Agreement (BASA) with Trinidad and Tobago. By signing this agreement, Nigeria, Trinidad and Tobago have set the stage for direct air connectivity , potentially reducing travel time and costs between west Africa and carribean. This deal makes Nigeria […]