URGENT: Afenifere Council Urges Tinubu to Announce ‘State of Emergency’ in South-West Amid Surge in Kidnappings and Killings

The Afenifere National Youth Council (AYC) has expressed concerns over the escalating killings and kidnapping crisis in the Southwestern part of the country. It has, therefore, called on President Bola Tinubu to declare a state of emergency on kidnapping urgently to stem the tide of insecurity. According to the President of the group, Prince Eniola…

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NGX SUMMARY: Investors face continued losses as stock market declines by N532 billion in just one week

The Nigerian equities market continues to endure bearish sentiment during the just-concluded trading week losing N532 billion on the floor of the Nigerian Xchange (NGX). Ripples Nigeria reports that investors recorded a loss of N365 billion the previous week. In the current week, the equities market gained in only one of the five trading sessions…

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Nigeria’s Delicate Balance: Navigating Digital Finance While Regulating Binance

The Nigerian government, in a paradoxical move, is reaffirming its openness to cryptocurrency firms even as it wages a legal battle against Binance, the world’s largest crypto exchange, over alleged economic losses amounting to $80 billion. At the heart of the controversy is Nigeria’s tightening grip on digital finance. The lawsuit, filed last month, follows…

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