Ruth Olurounbi

Nigerian authorities have detained two Binance Holdings Ltd. executives, days after the central bank governor said that the nation is losing out on taxes from unregistered crypto exchanges.

Food trucks attacked, seven killed in stampede to get rice Nigeria, a country long used to hardship, is facing a crushing cost-of-living crisis.

Food trucks attacked, seven killed in stampede to get rice

(Bloomberg) -- Nigeria suspended the introduction of a levy on the employment of foreign workers following resistance from the private sector, according to ThisDay Newspaper.

The abduction of hundreds of children from an elementary school in northwestern Nigeria in March brought renewed attention to a kidnapping-for-ransom crisis that has long wracked Africa’s most-populous nation. The problem first made international headlines when 276 schoolgirls were seized by jihadist group Boko Haram in the northeastern town of Chibok in 2014 and they became a global cause celebre. Since then, criminal gangs have turned kidnapping into a thriving industry, seizing thousands of N

The head of the World Trade Organization will press ahead with reforms to its dispute process and a crackdown on fishery subsidies, even as a subdued global economy poses headwinds and a difficult political environment makes it hard to reach consensus, its director-general said.

Consumer prices accelerated 31.7% in February from year ago Central bank due to hold policy meeting at end of the month

Consumer prices rose an annual 31.7% from 29.9% in January, the National Bureau of Statistics said Friday. Image: Bloomberg

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Nigeria plans to almost triple energy prices within weeks, people in the presidency with knowledge of the matter said, in a bid to attract new investment and slash about $2.3 billion spent to cap tariffs.