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Telegram founder says WhatsApp messages are not secure

Nigeria, April 13 -- Pavel Durov, the founder and chief executive officer at Telegram, has faulted WhatsApp's 'end-to-end encryption', alleging that WhatsApp messages are not secure. Mr Durov made th... Read More


CPPE cautions Nigeria against World Bank's advocacy for increased fuel and food importation

Nigeria, April 13 -- The Centre for the Promotion of Private Enterprise (CPPE) has cautioned against the World Bank's recommendation to increase the importation of fuel and food, warning that such a p... Read More


FG debunks reports of errors in new tax laws, defends reform gains

Nigeria, April 12 -- The Presidential Fiscal Policy and Tax Reforms Committee has dismissed reports claiming that the Minister of State for Finance, Taiwo Oyedele, admitted errors in the newly introdu... Read More


Again, LIRS extends individual tax filing deadline

Nigeria, April 11 -- The Lagos State Internal Revenue Service (LIRS) has further extended the deadline for filing individual annual income tax returns to 21 April. The extension was announced in a st... Read More


AfDB approves $200 million loan for Nigeria's Project Bridge

Nigeria, April 11 -- The African Development Bank (AfDB) Group has approved a $200 million loan to Nigeria's government to advance 'Project Bridge', a flagship initiative to deploy 90,000 kilometres o... Read More


FG approves 2026 Fiscal Policy Measures, cuts tariffs on cars, others

Nigeria, April 11 -- The Federal Government has approved the implementation of the 2026 Fiscal Policy Measures, including new tariff amendments and excise duties on beverages and tobacco products, tak... Read More


Transcorp Hilton speaks on allegation of cancelling bookings for political rally

Nigeria, April 9 -- Transcorp Hilton Abuja has debunked allegations that it canceled booking for a political rally, saying the information is "entirely false." The Abuja hotel debunked the claims in ... Read More


CBN, Polaris Bank refute liquidation rumors

Nigeria, April 9 -- The Central Bank of Nigeria (CBN) and Polaris Bank have refuted claim that Polaris Bank is undergoing a liquidation process after failing to meet CBN's recapitalisation requirement... Read More


Increased pre-election spending could erode Nigeria's reform gains - World Bank

Nigeria, April 9 -- The World Bank has warned Nigeria about increased pre-election spending, saying it could undermine gains from recent fiscal reforms and higher oil revenues. The bank issued the ad... Read More


World Bank warns oil price surge could worsen Nigeria's inflation

Nigeria, April 8 -- The World Bank has cautioned that rising global oil prices could push Nigeria's headline inflation up by about 3.1 per cent points, driven largely by transport and other energy-rel... Read More