Nigeria loses $18bn yearly to procurement fraud
Federal Government exposes $18 billion annual loss to procurement corruption, demands transparency in public contracts to fund national development projects.
Federal Government exposes $18 billion annual loss to procurement corruption, demands transparency in public contracts to fund national development projects.
The 2025 Nigeria International Trade Fair is now open in Lagos, running from November 21-30. Discover West African business opportunities, workshops, and exclusive shopping deals.
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
Dr. Jibril Tafida, aide to Senate President Akpabio, denies authoring a fake letter alleging NASS corruption. He calls it a malicious fabrication. Read the full details.
The Loveworld Trade & Investment Forum in Lagos united global leaders to champion trust and capital inflows for Africa's growth. Discover how ethical trade is reshaping the continent's economic future.
The 2025 Nigeria International Trade Fair launched in Lagos with calls for industrial growth and policy consistency. Key officials emphasized investment opportunities and economic revival.
EU trade ministers will press for more US tariff exemptions on wines, spirits, and pasta during a crucial meeting with US Commerce Secretary Howard Lutnick. The talks aim to resolve ongoing trade tensions.
Kebbi State House of Assembly suspends Fakai Local Council Chairman Muhammad Fawa for six months over corruption, theft of transformers, and illegal farmland allocations. Read full details.
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
Kebbi State House of Assembly suspends Fakai LG chairman for alleged corruption, theft of transformers & illegal farmland allocations. Full details on the investigation findings and recommendations.
Paul Okojie exposes how Nigeria's democratic dream was stolen by power-hungry elites. Discover the truth about modern politics and how citizens can reclaim their future. Read now!
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
Ukraine's nuclear corruption scandal involving $100M threatens its growing African partnerships. Learn how this affects Ghana drone deals and food security initiatives.
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
CRFFN and CBI partner to combat corruption in Nigeria's logistics chain using digital tools. This move aims to boost transparency, efficiency, and the country's Logistics Performance Index.
Comprehensive analysis of Nigeria's economic challenges including inflation, unemployment, and corruption with expert solutions for sustainable growth and development.
Suspended UNICAL law faculty dean Cyril Ndifon sentenced to 5 years imprisonment for sexual harassment of female students. Federal High Court delivers landmark judgment.
President Bola Tinubu warns that Nigeria will crumble if judicial integrity is compromised. Read his full address to Nigerian judges and public reactions.
CHRICED warns Nigeria's democracy faces coordinated assault as opposition politicians defect to APC. Corruption, economic crisis and insecurity threaten nation's stability ahead of 2027 polls.
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
Ukrainian President Zelensky vows complete overhaul of state energy companies after $100 million corruption scandal. Read about the resignations and reforms.
Explore Nuhu Ribadu's remarkable journey from pioneering EFCC chairman to Nigeria's first civilian NSA. Discover how his anti-corruption legacy shapes national security under Tinubu's administration.
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
Ukrainian President Zelensky imposes sanctions on ex-business partner Timur Mindich amid a $100M energy sector fraud scandal. Key ministers resign as anti-corruption efforts intensify.
Ex-Super Eagles captain Mikel Obi condemns corruption in Nigerian football, questions FIFA grant usage, and urges focus on World Cup qualifiers. Read his full statement.
Ukraine's energy and justice ministers resign amid major corruption scandal involving $100M kickback scheme. Read how this affects EU membership bid.
Former Gabon first lady Sylvia Bongo and son Noureddin Bongo Valentin sentenced to 20 years for corruption. Read the full details of their conviction.
Turkish football faces moral crisis as over 1,000 players suspended in betting scandal. National team defender among those implicated. Read full details.
Anambra's 2025 elections exposed alarming vote-buying patterns with prices reaching ₦30,000. Analysis reveals how poverty and political strategy fuel Nigeria's electoral market. Learn the shocking details.
CISLAC/TI-Nigeria commends House of Representatives for probing security intervention funds from 2020, demands extended investigation into opaque Security Vote allocations.