Critical Alert: IMF Warns Nigeria Over Rising Money Laundering Risks as Crypto Inflows Hit $59bn
The IMF warns Nigeria’s $59bn crypto market could increase money laundering risks and weaken the naira if stronger regulations are not implemented.
Tag: Nigeria Economy
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Major Relief: Dangote Refinery Slashes Petrol Price by N75 Per Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, by N75 per litre following easing tensions in the Middle East and declining global energy prices. In a circular issued to fuel marketers on Monday, the refinery announced that the new gantry price has been lowered from N1,250…
Inflation and Insecurity Remain Key Concerns Despite Reforms: FG.
The Federal Government has acknowledged that inflation and insecurity continue to weigh heavily on Nigerians, even as it maintains that recent economic reforms are beginning to deliver measurable results. Speaking during a press briefing in Abuja on Tuesday as part of activities marking the 2026 Democracy Day celebration, Secretary to the Government of the Federation,…