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The Latest Breaking News from SBM Intelligence

‘I invested in a Ponzi scheme’: Nigerians fall victim to crypto scams

Experts say financial illiteracy, lax regulations, greed, economic hardship make people susceptible to scam companies.

At 50, West African Bloc Teeters Amid Shifting Alliances, Security Woes

At 50, West African Bloc Teeters Amid Shifting Alliances, Security Woes

Leaders of ECOWAS are gathering on Wednesday to celebrate 50 years since its formation and are expected to address regional security challenges as the continent also seeks answers in the face of US trade tariffs and aid cuts.

International Business Times

Have Trump’s tariffs killed US-Africa preferential trade?

Have Trump’s tariffs killed US-Africa preferential trade?

The AGOA framework that saw African countries export duty free to the US is as good as dead, experts say.

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Why mass kidnappings still plague Nigeria a decade after Chibok abductions

Nigeria, with one of the strongest armies in the region, battles to tackle insecurity putting vulnerable groups at risk.

Economic downturn punctures joy of festive season in Nigeria

Festivities have been muted this December in Nigeria as a cost of living crisis reaches new heights.

How inflation made West Africa’s prized jollof rice a pricey meal

Inflation driven by economic instability, fallout from war in Ukraine and COVID have made jollof rice an expensive meal.

Nigeria opposition dismisses ‘sham’ election as ruling party’s Tinubu takes lead

Ruling party candidate Bola Tinubu led the race for Nigeria's presidency on Tuesday, according to partial official tallies issued after a tight election marred by frustration over long delays, technical hitches and charges that results have been manipulated. The main opposition parties have called for the vote's cancellation, describing the…

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Can Atiku Abubakar succeed in sixth run for Nigerian presidency?

Can Atiku Abubakar succeed in sixth run for Nigerian presidency?

Atiku Abubakar, Nigeria’s former vice president, is promising hope and restoration if he becomes president. Can he win?

Soaring living costs drain Christmas joy for families in Nigeria

Soaring living costs drain Christmas joy for families in Nigeria

Locals say rising travel and food costs have made the holiday season more expensive and are keeping families apart.

Nigerians decry extortion, delays at passport offices home and abroad

Nigerians decry extortion, delays at passport offices home and abroad

Many Nigerians say getting a passport is now cumbersome due to corruption and government inefficiency.

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