Finance Minister Wale Edun, during a visit to JET Motor Company Assembly Plant on Friday, expressed his admiration for the company’s pivotal role in the government’s...
According to data released by the Central Bank of Nigeria (CBN), Nigeria spent a substantial $1.12 billion on servicing its foreign debts in the first quarter...
Bankrupt crypto exchange, FTX has announced its plans to distribute between $14.5 billion and $16.3 billion to its creditors and customers globally. This decision follows the...
High Chief Emmanuel Iwuanyanwu, President General of Ohaneze Ndigbo Worldwide, has emphasized the critical need for the Igbo community to support President Bola Tinubu’s administration, warning...
The Central Bank of Nigeria (CBN) has issued a new directive to all financial institutions, including commercial, merchant, non-interest banks, payment service banks, and mobile money...
Dr. Oluyinka Olumide, Lagos State Commissioner for Physical Planning and Urban Development, disclosed that a staggering 80% of buildings in the Ibeju Lekki and Epe areas...
Tinuade Sanda, the former Managing Director and Chief Executive Officer of Eko Electricity Distribution Company (EKEDC), has been dismissed by the company’s parent organization, West Power...
Daniel Ojukwu, a journalist with the Foundation for Investigative Journalism (FIJ), is currently being held at the State Criminal Investigation Department (SCID), Panti, Lagos, following his...
Tinuade Sanda, the former Managing Director and Chief Executive Officer of Eko Electricity Distribution Company (EKEDC), has been dismissed by the company’s parent organization, West Power...
Uber has announced significant changes to its payment and operational features for drivers in Nigeria. These changes enable them to access their earnings on a daily...
Ghana has welcomed the return of gold neck discs, a sword, a royal chair, and dozens of other treasures looted during the British colonial era. These...
President Bola Tinubu’s recent announcement of a $600 million investment by A.P. Moller-Maersk into Nigeria’s port sector has been met with scepticism after the company clarified...
Renowned Nigerian artist Wizkid caused a stir in the entertainment industry with his recent social media comments, in which he referred to iconic music producer and...
In a playful yet controversial social media exchange, popular Afrobeats artist Wizkid caused a stir among fans and observers by using a video of fellow musician...
In the heart of Nigeria, where the sun brings the heart of the landscape to life with its golden rays, there is a whispering revolution. It’s...
The leadership of the Aboh Mbaise chapter of the Peoples Democratic Party (PDP) has debunked what it termed “purported defection claims” by those it described as...
Nigeria has announced plans to establish a groundbreaking $10 billion diaspora fund. The fund aims to attract investments from its substantial overseas population to bolster key...
The Economic and Financial Crimes Commission (EFCC) has apprehended 34 individuals suspected of engaging in foreign exchange fraud through illicit dollar transactions in Abuja. The arrests,...
The Federal Government of Nigeria has incurred an additional N3.8 trillion in Ways and Means borrowing from the Central Bank of Nigeria (CBN) in the last...
Air Peace, a prominent Nigerian airline, is gearing up to launch its much-anticipated flight route from Abuja to London, expanding its international footprint, announced Festus Keyamo,...
The digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed loan app companies offering credit facilities to both individuals and businesses....
The Nigerian naira took a steep dive on Thursday afternoon, hitting N1,450 per dollar in the parallel market, marking an 8.28% decline or a N120 difference...
Telecommunications companies in Nigeria, including Airtel, MTN, 9Mobile, and Glo, are advocating for a tariff increment, citing economic realities and sustainability concerns. The move, proposed in...
New York’s highest court has made a pivotal decision, overturning Harvey Weinstein’s 2020 rape conviction and ordering a new trial. This decision, reached by a narrow...
Germany is set to unveil a groundbreaking initiative known as the ‘Opportunity Card,’ which will be launched in June 2024 and aim to attract skilled job...
Nigerian celebrity chef Hilda Baci has broken her silence following accusations of fraud made by activist Vincent Martins Otse, popularly known as VeryDarkMan (VDM). The controversy...
First Bank of Nigeria Limited has taken a significant step in its leadership structure by appointing Mr. Olusegun Alebiosu as the Acting Chief Executive Officer, effective...
The Central Bank Governor, Yemi Cardoso, proudly announced that the Naira has achieved the prestigious status of being the best performing currency worldwide as of April...
The Economic and Financial Crimes Commission (EFCC) has escalated its investigations into serious fraud allegations involving top officials from President Muhammadu Buhari’s former administration. Key figures...
Nigerian chess prodigy Tunde Onakoya is currently making headlines as he endeavours to set a new world record for the longest chess marathon. The chess enthusiast...
As the financial markets grow increasingly complex, traders are constantly on the lookout for more straightforward and aggregated ways to engage with the vast opportunities they...
The CEO of Rainoil Limited, Gabriel Ogbechie, disclosed that the Nigerian government has resumed the controversial payment of fuel subsidies, now estimated at about N600 billion...
Sand filling operations have started at the Landmark Beach Resort, a notable leisure spot in Oniru, Lagos. The Lagos State Government recently issued a demolition notice...
President Bola Ahmed Tinubu has mandated the Federal Ministry of Education to develop guidelines for including graduates of the National Open University (NOUN) in the National...
The Board of Trustees of a faction of the New Nigeria People’s Party (NNPP) has announced the six-month suspension of Abba Yusuf, the Governor of Kano...
The Board of Trustees of a faction of the New Nigeria People’s Party (NNPP) has announced the six-month suspension of Abba Yusuf, the Governor of Kano...
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has explained the reason for the demolition of properties owned by Chief Nicholas Ukachukwu, the Chairman and CEO...
Soldiers of the 81 Division Task Force Battalion stationed at Dikwa Local Government Area have voiced serious accusations against their commanding officer, Lieutenant Colonel SJ Ajiya....
Michael Chidozie, a Nigerian bodybuilder based in the United States, lost his life under tragic circumstances. On March 21, 2024, during a heated altercation at their...
A cozy photo of Nigerian music superstar Davido with a U.S.-based model, Bonita Maria, has caused a stir on the internet, leading to widespread speculation about...
As May approaches, over half of Nigeria’s crude oil cargoes remain unsold, signaling potential economic turbulence and underscoring the impact of global market dynamics on Africa’s...
In the face of fluctuating markets, political uncertainties, and infrastructural challenges, Africa has emerged as a ground of formidable economic resilience and opportunity. As of 2024,...
Google has announced it will begin testing the removal of links to California news websites in response to the California Journalism Preservation Act (CJPA), a proposed...
Nigerian Breweries Plc, the largest and oldest brewer in Nigeria, has unveiled a major reorganization plan that includes the temporary suspension of operations at two of...
As music lovers gear up for the Coachella Valley Music and Arts Festival 2024, the excitement is palpable not just in the desert, but online too....
Allen Onyema, the CEO of Nigerian airline Air Peace, has publicly accused Gatwick Airport of deliberate operational interference aimed at disrupting the carrier’s new Lagos-London route....
Major N.U. Ukachukwu, a female Nigerian Army officer, found herself entangled in a legal dispute with the military leadership following her marriage to a foreigner and...
Starlink, the internet venture from billionaire entrepreneur Elon Musk, has announced a substantial reduction in the price of its hardware in Nigeria. The cost of the Starlink...
The fallen crypto magnate, Sam Bankman-Fried, has formally lodged an appeal against his federal conviction and the 25-year prison sentence he received. This development comes in...
Truong My Lan, a 67-year-old Vietnamese property developer, has been sentenced to death for orchestrating one of the most colossal bank frauds in history. The trial,...
O.J. Simpson, a name synonymous with both sports excellence and legal infamy, has died at 76 after a long battle with cancer, confirmed by his family...
The Minister of Finance, Wale Edun, announced the allocation of N4.83 trillion from Treasury Bills and Bonds to settle the outstanding Central Bank of Nigeria (CBN)...
The Minister of Interior, Hon. Olubunmi Tunji-Ojo, has firmly denied allegations of his appointment as the political leader of All Progressives Congress (APC) in Ondo state...
The US Citizenship and Immigration Services (USCIS) has updated its policy on Employment Authorisation Documents (EADs), increasing the automatic extension period from a modest 180 days...
Mark Zuckerberg, the CEO of Meta, has outpaced Elon Musk, CEO of Tesla, claiming the title of the world’s third-richest person. This development marks Zuckerberg’s highest...
El Salvadorian President Nayib Bukele has announced a groundbreaking initiative. In an effort to attract global talent, the country will offer 5,000 free passports to highly...
MetaTrader 5 has gained immense popularity over the last few years. As of 2024, the platform has registered over 10 million users. This impressive milestone can...
A powerful earthquake with a magnitude of 7.4 struck off the eastern coast of Taiwan early Wednesday morning, causing widespread panic and triggering tsunami warnings across...
As Nigerians continue to grapple with economic challenges, President Bola Tinubu has announced the establishment of the Presidential Economic Coordination Council (PECC) and the Economic Management...
The Kano State Hisbah Board’s Department of Public Enlightenment has arrested 11 Muslims for eating during daylight hours, a time when fasting is obligatory for all...
Nigeria’s agricultural sector has seen its exports soar to a remarkable N1.23 trillion in 2023, according to the latest foreign trade reports from the National Bureau...
Former heavyweight boxing champion Anthony Joshua showcased his dominance in the ring by delivering a stunning second-round knockout against former UFC heavyweight champion Francis Ngannou on...
This International Women’s Day (IWD), March 8th 2024, Infinix proudly embraces the global theme of “#InspireInclusion,” reflecting on strides we’ve made towards a more inclusive world...
In a recent development that’s set to impact households across Oyo State, the National Butchers Association, Oyo State chapter, has announced an imminent increase in meat...
In a shocking incident in Ikpeshi, Akoko-Edo Local Government Area of Edo State, two policemen on escort duty were beaten to death by an enraged mob,...
The Nigerian Military High Command has expressed support for the pledge made by Yoruba activist, Sunday Adeyemo, popularly known as Sunday Igboho, to assist security agents...
Embattled ex-Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is currently in the process of vacating the official CBN Governors’ quarters in Lagos, amid...
The Nigerian film industry, Nollywood, has lost one of its most beloved figures, John Okafor, popularly known as Mr Ibu. The actor, renowned for his comedic...
The Nigerian film industry, Nollywood, has lost one of its most beloved figures, John Okafor, popularly known as Mr Ibu. The actor, renowned for his comedic...
For the first time in six years, Lafarge Africa Plc has experienced a decline in earnings, with the company’s profits for 2023 falling to N51.4 billion....
Dangote Refinery, Africa’s largest oil refinery located on the outskirts of Lagos, Nigeria, has significantly increased its stock of imported crude oil from the United States....
Saudi Arabia has emerged as the sole candidate to host the 2034 FIFA World Cup, following the closure of the bid submission deadline. This development positions...
Airtel Africa plc, a premier telecommunications and mobile money services provider operating in 14 African countries, announced today the initiation of a significant share buy-back programme....
MTN Nigeria Plc has disclosed a staggering pre-tax loss of N177.8 billion for the fiscal year ended December 31, 2023, marking a drastic downturn from the...
Nigeria’s tech ecosystem is vibrant and full of potential. A populated country with a young and tech-savvy population and the availability of internet connection in the...