Nigeria’s Digital Economy Surges Ahead While Cybersecurity Defences Struggle to Keep Pace

Abuja/Lagos — Nigeria’s digital economy is growing at a rapid pace, but cybersecurity systems and regulatory safeguards are struggling to match the scale and sophistication of emerging threats, according to sector assessments and expert analyses reviewed by TMN. Driven by rising internet penetration, digital banking, fintech expansion, e-commerce, and online marketplaces, Nigeria has become Africa’s […]

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Xenophobic Attacks Trigger Fresh Nigeria–South Africa Tensions

Abuja/Pretoria — Relations between Nigeria and South Africa have come under renewed strain following fresh xenophobic attacks targeting Nigerians and other African nationals in South Africa. The National Association of Nigerian Students (NANS) has threatened to stage protests against South African businesses operating in Nigeria, accusing authorities in Pretoria of failing to curb recurring violence

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Tinubu Woos Global Investors in Paris, Promotes Nigeria’s Reform Agenda

Paris/Abuja — President Bola Ahmed Tinubu has presented Nigeria’s economic reform programme to international investors in Paris, urging sustained confidence in the country’s economy as the administration seeks to attract global capital and strengthen macroeconomic stability. During engagements with investors and financial stakeholders, Tinubu defended ongoing reforms as necessary measures aimed at repositioning Africa’s largest

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Former Minister, Saleh Mamman Convicted in ₦33 Billion Money Laundering Case

Abuja — A Federal High Court in Abuja has convicted former Minister of Power Saleh Mamman in a money laundering case involving about ₦33 billion. Justice James Omotosho delivered the judgment on Thursday in the 12-count amended charge filed against the former minister by the Economic and Financial Crimes Commission (EFCC). The EFCC had accused

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Jonathan Hints at Possible 2027 Run, Says He Will ‘Consult Widely’

Abuja — Former President Goodluck Jonathan has fuelled fresh political speculation ahead of the 2027 elections after responding to calls for him to contest, saying he would “consult widely” before taking any decision. Speaking to supporters and political stakeholders urging him to return to the presidential race, Jonathan acknowledged the appeals but stopped short of

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The Generator Republic: How Nigeria Chose Darkness and Called It Policy

Africa’s most populous nation sits atop the world’s ninth-largest gas reserves, basks in some of the continent’s most generous solar radiation, and still cannot keep the lights on. This is not bad luck. It is a choice — one made repeatedly, deliberately, and profitably by those with the power to change it. Nigeria runs on

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Dollar Retreats as Hopes of Iran-U.S. De-Escalation Lift Oil-Exposed Currencies

Global Markets — The U.S. dollar weakened on Thursday as growing hopes of a de-escalation in tensions between Iran and the United States boosted investor appetite for oil-linked and risk-sensitive currencies. Market sentiment improved following indications that the conflict may be moving toward a diplomatic phase, easing fears of further disruption to global energy markets.

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NITDA Warns of AI-Powered ‘DeepLoad’ Malware Targeting Nigerian Institutions

Abuja — The National Information Technology Development Agency (NITDA) has issued a critical cybersecurity alert warning that a new artificial intelligence-powered malware known as “DeepLoad” is actively targeting Nigerian government agencies, banks, businesses, and individuals. In an advisory released on Tuesday, the agency described DeepLoad as an advanced malware strain designed to infiltrate systems, steal

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NDPC Hosts Nine African Countries for Cross-Regional Data Protection Exchange

Abuja — The Nigeria Data Protection Commission (NDPC) is hosting officials from nine African countries for a cross-regional peer exchange programme focused on strengthening data protection and digital privacy frameworks across the continent. The initiative, organised in collaboration with the World Bank and Smart Africa, is being coordinated under the leadership of NDPC National Commissioner

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Finance Ministry Moves to Address Outstanding Contractor Payments

Abuja — Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has met with indigenous contractors to discuss the settlement of outstanding government obligations tied to capital projects. The meeting, held on Monday, brought together representatives of the All-Indigenous Contractors Association of Nigeria and senior officials from the Ministry of Finance and

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