Nairametrics

12 Posts
Nairametrics
Nairametrics
· May 26

EFCC intervenes as hackers steal billions from six Nigerian banks 

The Economic and Financial Crimes Commission (EFCC) is actively assisting six major Nigerian banks in recovering billions of Naira stolen by hackers who infiltrated their systems with insider assistance. EFCC Chairman Ola Olukoyede revealed the commission has recovered over N9 billion for one bank and saved about N6 billion for...
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Business
Nairametrics
Nairametrics
· May 21

Premium Trust Bank e-payment manager arraigned over alleged cybercrime and server hack in Lagos 

Matthew Adeniyi, Premium Trust Bank’s e-payment service manager, was arraigned in a Lagos Federal High Court for allegedly hacking the bank’s server alongside four others, facing charges including conspiracy and cybercrime. The Economic and Financial Crimes Commission (EFCC) accused them of unlawfully disclosing sensitive information that led to a $10,000...
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Business
Nairametrics
Nairametrics
· May 20

The highest earning athletes in the world – 2025

Cristiano Ronaldo tops Forbes’ 2025 list of highest-paid athletes with earnings of $275 million, largely fueled by his contract with Al-Nassr and extensive endorsements. The top 10 highest-paid athletes collectively earned $1.38 billion, nearly matching the 2023 record and highlighting the growing financial clout in elite sports. Other notable earners...
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Business
Nairametrics
Nairametrics
· May 18

Shell confirms it paid Nigeria $5.34bn in taxes, charges in 2024, its highest government payout globally 

Shell Plc paid $5.34 billion to the Nigerian government in 2024, marking its highest global government payout, surpassing payments to Oman, Brazil, and Norway. Most of the payments, over 71%, went to the Nigerian National Petroleum Corporation (NNPC), totaling about $3.8 billion, with additional amounts paid as taxes, royalties, and...
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Business
Nairametrics
Nairametrics
· May 18

NDLEA intercepts N3.2 billion opioids in Lagos, Port Harcourt ports

NDLEA intercepted opioids worth over N3.2 billion at Lagos’ Apapa seaport and Port Harcourt’s Onne port, seizing 3 million pills of tapentadol and carisoprodol and 169,800 bottles of codeine syrup. The seizures were carried out based on intelligence and in collaboration with other security agencies including Nigeria Customs Service. Additional...
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Crime
Nairametrics
Nairametrics
· May 12

Flutterwave named on FXC Top 100 Cross-Border payment companies list for second year running 

Flutterwave has been named among the FXC Intelligence Top 100 Cross-Border Payment companies for the second consecutive year, positioning it alongside major players like PayPal and Google. The company’s Send App facilitates seamless cross-border payments, crucial for remittances used for essential expenses across Africa. In 2024, nearly 50% of businesses...
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Business
Nairametrics
Nairametrics
· May 10

FAAN opens new cargo terminal at Lagos General Aviation Terminal 

The Federal Airports Authority of Nigeria (FAAN) has inaugurated a new domestic cargo processing terminal at Lagos’ General Aviation Terminal (GAT) to modernize and enhance aviation logistics. The facility aims to improve cargo handling efficiency, scalability, safety, and connectivity, addressing bottlenecks especially for agricultural produce and e-commerce goods. The initiative,...
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Aviation