ALO360

The Africa Stablecoin Network Calls for Unified Regulation to Boost Nigeria’s Economy

The Africa Stablecoin Network (ASN) has urged the adoption of a unified regulatory framework to unlock the potential of stablecoins for Nigeria’s economy. In a statement released on Tuesday, ASN expressed its support for the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, who emphasized the need to modernize cross-border payment systems. ASN highlighted its…

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ITU Opens Applications for AI for Good Innovation Factory Program

The International Telecommunication Union (ITU) has announced that applications are now open for its AI for Good Innovation Factory program. This initiative seeks artificial intelligence solutions to tackle challenges in the education sector. However, The announcement was made on ITU’s official X (formerly Twitter) page. About the Program Note that, The AI for Good Innovation Factory supports startups developing…

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United States Congress Urges Ban on Nigerian Beef Exports Over Fulani Crisis

The U.S. Congress has proposed a ban on Nigerian Beef Exports as a strategy to pressure Fulani herdsmen to disarm. This recommendation follows increasing attacks on Christian communities and is part of a broader report titled “Ending the Persecution of Christians in Nigeria”. The report developed after U.S. investigations into violence allegedly carried out by Fulani…

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PenCom’s Revised Regulation: A Game-Changer for Nigerian Equities

Earlier this month, the National Pension Commission (PenCom) introduced a revised regulation on pension asset investments. This update allows Pension Fund Administrators (PFAs) to increase their equity allocations across four RSA fund categories. While the changes may seem technical, they carry significant implications for Nigeria’s capital market. At its core, the revision gives PFAs more…

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EFCC Arrests Eight, Seizes Six Trucks Over Illegal Mining in Kwara State

EFCC Arrests Eight, Seizes Six Trucks Over Illegal Mining in Kwara State

The Economic and Financial Crimes Commission (EFCC) arrested eight suspects and seized six trucks in a crackdown on illegal mining along the Ilorin-Ogbomoso axis in Kwara and Oyo states. EFCC Targets Illegal Mineral Operations Operatives of the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arrested eight persons on Saturday, February 20,…

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Riley M. Moore Sends Report on Christian Persecution in Nigeria to White House

Riley M. Moore Sends Report on Christian Persecution in Nigeria to White House

Riley Moore, a Republican representative from West Virginia, presented a comprehensive report to the White House on the persecution of Christians in Nigeria. The submission occurred amid growing concerns over religious violence in the African nation. Background of the Investigation President Donald Trump redesignated Nigeria as a Country of Particular Concern in October 2025. Meanwhile…

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