Nigeria Breaking News

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NITDA Calls for Blockchain Adoption in Asset Management and Economic Development

Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), has urged industry stakeholders, government officials, and experts to harness the transformative potential of Blockchain technology in asset management and economic development. Speaking at the Tokenised Economic Conference and Exhibitions, themed Tokenised Economy 2024: Real-World Assets Tokenisation, Inuwa emphasized the importance of Blockchain technology in revolutionizing key sectors …

Starlink Announces 97% Increase in Monthly Subscription Prices for Nigerian Users

Starlink, the satellite internet provider, has announced a hike in its monthly subscription rates for both new and existing customers in Nigeria, Okay.ng reports. In a message sent to its customers on Tuesday, Starlink revealed that the new pricing structure will see the standard residential package rise to ₦75,000, while the mobile regional (roam unlimited) …

Emirates Resumes Operations in Nigeria, Lands in Lagos After Two-Year Suspension

Emirates Airlines has officially resumed flight operations in Nigeria after a two-year suspension, with the airline’s flight EK 783landing at Murtala Muhammad International Airport (MMIA) in Lagos on Tuesday at 3:32 pm, Okay.ng reports. The flight’s arrival at the old terminal of the MMIA marks the Middle East airline’s return to Nigeria, following a suspension …

Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN

Nigeria’s foreign exchange (FX) inflowsreached an impressive $57 billion by August 2024, according to a report from the Central Bank of Nigeria (CBN). The update was revealed by Mr. Muhammad Abdullahi, the CBN’s Deputy Director of Economic Policy, during a meeting with foreign investors in Washington D.C.. Abdullahi highlighted significant improvements in the country’s FX …