Quidax, Nigeria’s first digital assets exchange to receive a provisional licence from the Securities and Exchange Commission, has expanded its stablecoin infrastructure to more than 21 countries and 14 currencies, a move aimed at helping businesses, fintechs and startups make faster and cheaper cross-border payments across Africa and key international markets. The company said the...
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The Economic and Financial Crimes Commission is facing fresh scrutiny over its decision to auction seized vehicles through a platform it plans to manage, with the Nigeria Association of Auctioneers accusing the anti-graft agency of undermining transparency, accountability and due process in the disposal of forfeited assets. The association argued that allowing the EFCC to...
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The Minister of Education, Dr. Maruf Olatunji Alausa, has declared that Nigeria’s education reforms can only achieve lasting success through stronger collaboration between the Federal and State Governments and the adoption of data-driven planning. Speaking at the opening of a five-day Executive Retreat for Honourable Commissioners of Education, organised by the Committee of States’ Commissioners...
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The Federal Government says it has invested over ₦1 trillion in Nigeria’s tertiary education sector within the last two years as part of President Bola Ahmed Tinubu’s commitment to expanding access to higher education and improving learning infrastructure across the country. Minister of Education, Dr. Maruf Tunji Alausa, disclosed this during a meeting with members...
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Gas supply cuts push debt-ridden power plants towards collapse Electricity generation companies have warned that Nigeria’s power plants are edging towards collapse as mounting unpaid debts continue to cripple operations, forcing gas suppliers to cut fuel supplies to indebted generation companies and raising fresh concerns over the stability of electricity supply. The Association of Power...
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By Amb. Hussaini Coomassie As Nigeria continues to confront increasingly complex security challenges—including terrorism, banditry, transnational organized crime, arms smuggling, human trafficking, and irregular migration—it has become imperative to provide all frontline security agencies with the operational tools and institutional support necessary to discharge their responsibilities effectively. One issue deserving urgent attention is the reported...
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The Nigeria Data Protection Commission (NDPC) has secured a landmark legal victory after the Federal High Court in Lagos affirmed its statutory authority to register Data Controllers and Processors of Major Importance (DCPMIs), reinforcing its regulatory oversight under the Nigeria Data Protection Act, 2023. The Nigeria Data Protection Commission (NDPC) has recorded a significant legal...
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The Court of Appeal in Abuja has set aside a Federal High Court judgment directing the Independent National Electoral Commission (INEC) to deregister the African Democratic Congress (ADC) and four other political parties, ruling that the lower court lacked jurisdiction and that the suit was filed by a non-juristic entity. In a unanimous judgment delivered...
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Nigeria and the Kingdom of the Netherlands have reaffirmed their commitment to strengthening cooperation on migration management and combating human smuggling, with the Dutch government donating equipment to support the Nigeria Immigration Service’s (NIS) Hostmanship Unit. The Federal Government and the Kingdom of the Netherlands have reaffirmed their commitment to deepening bilateral cooperation on migration...
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President Bola Ahmed Tinubu will soon announce another salary increase for personnel of the Armed Forces as part of the Federal Government’s efforts to improve troop welfare, Minister of Defence Gen. Christopher Musa (retd.) has said. The Minister of Defence, Gen. Christopher Musa (retd.), says President Bola Ahmed Tinubu will soon announce a fresh salary...
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