Banks in Nigeria resume naira debit card use abroad

Lagos — Nigerian banks have resumed the use of naira debit cards for international transactions and online payments, more than three years after financial institutions suspended the service due to acute dollar shortages. The move by the banks signals …

'Nigeria Has No Business With Nuclear Weapons, Our War Is Against Poverty' – Tinubu Government Tells International ...

The President Bola Tinubu-led Nigerian government has declared that the country has no intention of pursuing nuclear weapons, stressing that its most urgent battle is against poverty and climate challenges confronting the African continent. Vice President …

Nigeria Hockey Federation sets sights on brighter future

President of the Nigeria Hockey Federation, Simon Nkom, has expressed optimism about the future of hockey in Nigeria, highlighting steady growth and remarkable strides made over the past four years. In a media chat in Abuja, Mr Nkom noted that despite the …

IMF: Nigeria needs expanded cash transfer system to reduce poverty

The International Monetary Fund (IMF) says Nigeria must scale up its cash transfer system to cushion the effects of economic shocks and tackle high poverty levels. The recommendation was contained in an article published on Monday, written by Axel …

Nigeria, Netherlands commence renegotiation of double taxation agreement

The federal government and the Kingdom of the Netherlands have commenced the renegotiation of their double taxation agreement to improve economic cooperation. Zacch Adedeji, the chairman of the Federal Inland Revenue Service (FIRS), hosted a delegation led …

Nigeria weighs urgent replacement for crumbling bridges to Lagos island

Nigeria Have no Business With Nuclear Weapons – Vice-President Shettima

Vice President Kashim Shettima has reaffirmed Nigeria's dedication to a comprehensive nuclear test ban through its collaboration with the Comprehensive Nuclear-Test-Ban Treaty Organisation (CTBTO).  Shettima made this statement on Monday, during a …

Nigeria, Dutch govt renegotiates outdated tax agreement

Nigeria's Federal Inland Revenue Service (FIRS) has commenced formal renegotiations of Nigeria’s Double Taxation Agreement with the Kingdom of the Netherlands, making it the first foreign government to initiate talks following President Bola Ahmed …

MTN Nigeria, Huawei launch hybrid 400G/800G optical network

MTN Nigeria and Huawei have jointly deployed what they describe as the country’s first hybrid 400G/800G Automatically Switched Optical Network (ASON), in a move aimed at expanding data transmission capacity and enhancing service reliability across MTN’ …

Nigeria launches first domestic container shipping line