The Economic and Financial Crimes Commission (EFCC) says it has frozen over 300 accounts on suspicion of being linked to illicit forex trading which would have...
The Board Stanbic IBTC Plc will seek shareholders’ approval to establish a Debt Issuance Programme of up to ₦400 billion to issue diverse debt securities through...
The co-founder of Filmhouse Group and former Managing Director of FilmOne, Moses Babatope, is set to launch a new media and entertainment company. News of the...
The co-founder of Filmhouse Group and former Managing Director of FilmOne, Moses Babatope, is set to launch a new media and entertainment company. News of the...
The United States Department of Justice (DOJ) has recommended that the founder and former chief executive of Binance, Changpeng “CZ” Zhao, should spend three years in...
Zacchaeus Adangor, an ally of the Minister of the Federal Capital Territory, Nyesom Wike, has resigned from the cabinet of Governor Siminalayi Fubara of Rivers State....
A devastating auto crash along the Umuahia-Ikot Ekpene Road in Akwa Ibom State has left four friends dead on Sunday night, April 22, 2024. Among the...
Veritasi Homes PLC, a leading real estate development company in Nigeria, today announced the launch of Assetize, a new venture designed to revolutionise real estate investment...
Kenya emerged as the third most preferred African country for immigrants seeking high-paying jobs as indicated by a report that highlights what draws foreign investors to...
Google has shifted its plan to phase out third-party cookies in the Chrome browser to 2025, citing the need to give regulators some time. The company...
The World Health Organization (WHO) has issued a warning, indicating that non-communicable diseases (NCDs) are poised to become the leading cause of mortality in Africa by...
A teenager is recovering in hospital after she was attacked while working at McDonald’s. Aryiah Lynch, 15, was dragged around by her hair and had...
Infinix Mobile has been revolutionizing the smartphone market since its launch in 2013, providing innovative solutions that cater to the needs and preferences of the younger...
Community leaders of Okuama-Ewu in Ughelli South Local Government Area of Delta State have rejected reports that 17 military personnel who lost their lives during an...
Soap maker, PZ Cussons has announced it will review its business operations in Nigeria geared towards reducing risk and maximising shareholder value. This was disclosed in...
The U.S. skilled labor market is experiencing a gap in the availability of construction workers, plumbers, welders, and skilled trades. According to research from McKinsey &...
Infinix Mobile has been revolutionizing the smartphone market since its launch in 2013, providing innovative solutions that cater to the needs and preferences of the younger...
Veteran Nollywood actor and singer, Zulu Adigwe, is dead. Adigwe earned fame for his paternal roles in Nollywood movies as Mr. B in the sitcom ‘Basi...
Edo State Police Command has paraded 21 suspects arrested for alleged armed robbery, cultism, attempted murder, unlawful possession of firearms, conspiracy, pipeline vandalism, house breaking, stealing,...
Old Mutual bought out Oceanic Life from Ecobank in 2013, which marked their entry into Nigeria. They entered the Nigerian market to build Nigeria’s most valuable...
Edo State Police Command has paraded 21 suspects arrested for alleged armed robbery, cultism, attempted murder, unlawful possession of firearms, conspiracy, pipeline vandalism, house breaking, stealing,...
The Philippines Security and Exchange Commission (SEC) has ordered Apple and Google to remove Binance app from their respective App stores for users in the Philippines....
The Federal Government has approved N25 billion funding for 8,800 health facilities nationwide in a bid to combat maternal mortality and improve newborn survival rates. Coordinating...
The Chief Executive Officer of Sparkle, a digital bank, Mr. Uzoma Dozie, has said that African traditional banks are doing far better than fintechs in terms...
The Economic and Financial Crimes Commission (EFCC) says it will prosecute a former Minister of Aviation, Hadi Sirika, over alleged money laundering, contract fraud in the ministry...
Nollywood actor Pa Zulu Adigwe reportedly passed away on the evening of Tuesday, April 23rd. Naija News reports that movie producer Stanley Nwoke, aka Stanley Ontop,...
Veteran Nollywood actor, Zulu Adigwe has reportedly passed on. Adigwe is said to have died on Tuesday evening. His death was announced in...
Tesla Inc. is set to enact significant job cuts, affecting more than 6,000 employees across its operations in Texas and California, aligning with CEO Elon Musk’s...
The Federal Government of Nigeria has introduced a new initiative for the 2024 MSME Week celebrations to acknowledge and incentivize innovative and resilient entrepreneurs who have...
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said that the anti-graft agency recovered over N120 billion since his assumed office...
Premier League clubs Tottenham and Newcastle United are preparing a move for Chelsea captain Conor Gallagher. The England international is a long term target of Newcastle,...
The Nigerian Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Ondo state to the state’s electricity regulatory bureau. This was disclosed...
After releasing the FY 2022 financial statements, Oando Plc has issued a press statement to address its net loss of N81.2 billion incurred in 2022, citing...
Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister...
Spot foreign exchange (FX) market turnover in March 2024 stood at $12.61 billion (N19.29 trillion), representing a month-on-month (MoM) increase of 47.66% ($4.07 billion) from what...
In partnership with Good morning ☀️ If you’re interested in business, politics, culture, and technology, Big Cabal Media has something new for you. Subscribe now to...
Amid the rising food inflation in Nigeria, rice prices are dropping in major markets, falling by 20-30 percent within two months. This is a relief for...
In a devastating blog post, image-uploading site Abload announced that it would be permanently shutting down its website by June 30, 2024. Abload, which has been...
The Mercedes-Benz G-Class — the rugged off-road powerhouse that launched in 1979 and has since become a brutalist status symbol — has gone electric. This is,...
Nigeria’s official exchange rate fell to a month to date low of N1,300/$1 on Tuesday April 23, 2024 according to data from the FMDQ, where the...
The original iPad was important enough to get its own live on-stage introduction by the late Steve Jobs. It was such a revolutionary idea that it...
Nigeria incurred a debt service of $3.5 billion for its external loans in the fiscal year ended 2023 according to data from the Central Bank of...
Infinix Launches its Cutting-Edge Earbuds and Watch 1 (XW1) for a Smarter Lifestyle Introducing Infinix’s Smart Earbuds and Watch 1 (XW1): Your Ultimate Companion Infinix Launches...
French authorities announced on Tuesday that five individuals, including a child, tragically lost their lives while attempting to cross the English Channel from France to the...
The Federal High Court, Abuja, on Tuesday, fixed May 17, 2024, to rule on the bail application of a detained Binance executive, Tigran Gambaryan, amid the...
The Board of MRS Oil Nigeria Plc will, at the company’s Extraordinary General Meeting (EGM), request shareholders’ endorsement to voluntarily delist from the Nigerian Exchange Limited...
A new report by Save the Children has projected that one in every six children which is 15 million in Nigeria will go hungry during the...
Leadway Pensure, one of Nigeria’s leading pension fund administrators, has concluded the 2023 financial year, recording a 25% annual fund growth, exceeding its financial targets set...
The Abdul Samad Rabiu Africa Initiative (ASR Africa), the philanthropic initiative of the Chairman of BUA Group, Abdul Samad Rabiu (CFR, CON), has kicked off the...
President Bola Ahmed Tinubu has approved the appointment of Chargé d’affaires (en titre) CDAs and Consuls General. Naija News reports that this was disclosed on Tuesday...
The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the anti-graft agency has discovered another worse scheme other than what...
The Chief Executive Officer, Nigeria Economic Summit Group (NESG), Tayo Aduloju has revealed that the Lagos Free Zone – the first private Special Economic Zone (SEZ)...
Students of Lead British School in Abuja have revealed that bullying is a normal occurrence at their school and their teachers are aware but they do...
A Dana Air aircraft flying from Abuja to Lagos, departing at about 8:25 am on Tuesday, skidded off the runway at Murtala Muhammed Airport in Lagos. ...
Microsoft Corp. and the Coca-Cola Company have announced a five-year strategic partnership to align Coca-Cola’s core technology strategy systemwide, enable the adoption of leading-edge technology, and...
An Iranian goalkeeper has been handed a fine and one-match suspension after hugging a female fan whose hijab had fallen because it was ‘unprofessional’ and broke Islamic laws...
The NGX concluded its trading day in the red, with a dominant selling trend that surpassed buying interest. The All-Share Index fell by 353.51 points, ending...
The Federal Government has commenced the unbundling process for the 11 electricity distribution companies (DisCos) along state lines for better efficiency. This was made known by...
Former Director-General of the defunct Peter Obi Presidential Campaign Organisation, Dr Doyin Okupe, has said he was only convicted of money laundering, but exonerated of corruption...
The Economic and Financial Crimes Commission (EFCC) has arrested a former Minister of Aviation, Hadi Sirika, in connection with an ongoing investigation related to money laundering...
These days, the demand for high-quality audio accessories that can keep up with our dynamic lifestyles is ever-growing. Infinix is setting new standards with its innovative...
Following a trending video of a student, Namtira Bwala, getting bullied by Maryam Hassan, Lead British School has been shut down for three days. Owing to...
Eko Electricity Distribution Company (EKEDC), has said it recorded the lowest Aggregated Technical, Commercial, and Collection losses (ATC&C) in the history of the company. The “Technical”...
CapitalSage Technology Limited, an integrated digital financial services group and owner of CBN-licensed Kolomoni Microfinance Bank and ERCAS, announced another successful repayment of its fourth commercial...
The Dangote refinery has announced a further reduction in the price of diesel from the N1000/litre reported earlier to N940/litre for customers buying 5million litres and...
Johnvents Industries Limited, a leading indigenous agribusiness and cocoa processing company in Africa, has completed the Rainforest Alliance factory certification and FSSC 22000 Version 6 food...
Premium Cocoa Products Ile-oluji, a 30,000 metric tonnes per annum cocoa processing factory, has announced a major step towards becoming a full gas-powered operation emphasizing Environmental,...
Spanish businessman, Amancio Ortega, the fashion billionaire and proprietor of Inditex, the wealthiest clothing retailer globally, has witnessed a surge in his net worth by $4...
The National Agency for Food and Drug Administration and Control (NAFDAC) has sealed 50 retail outlets in Kaduna for purportedly selling edible oil in unhygienic conditions, risking...
The ongoing drama at Lead British International School, Abuja, took a new dimension, on Tuesday, when a parent slapped the student involved in the video which...
The Economic and Financial Crimes Commission (EFCC), on Tuesday, urged the Federal High Court Abuja and parties to help determine the whereabouts of the former Governor...
Winding down a startup can be bittersweet for founders. In the case of Fundid, rising interest rates killed the business finance startup. But VCs and partners...
Oando Plc has released its FY 2022 financial statements, posting a loss after tax of N81.2 billon during the year. This marks a significant decline from...
Oando Plc has released its FY 2022 financial statements, posting a loss after tax of N81.2 billon during the year compared to a profit after tax...
A Senegalese national, Ndiame Diop, is set to replace Shubham Chaudhuri, a U.S. national, who grew up in India, as World Bank Country Director for Nigeria....
Point-of-Sale (POS) transaction values witnessed a downturn in Nigeria for the first quarter of 2024, registering a N225.73 billion drop when compared to the corresponding quarter...
Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, and N980 per litre respectively. This...
The Federal Government of Nigeria has officially appealed to the World Bank for a deadline extension of the $100 million Nigeria for Women Project (NFWP). The...
United Parcel Service (UPS) Inc. surpassed analysts’ projections with its reported profits, attributing the success to effective management of the workforce and the optimization of delivery...
Lawyer and Human Rights Activist, Deji Adeyanju, has disclosed that Lead British School where a student, Namsita Bwala, was bullied by other students, has been temporarily...
Kenya’s importation of second-hand clothing from China jumped to 86.2% in the first quarter of the year. Second-hand clothing imports mostly from China is Kenya’s largest...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd., have resumed production...
The World Bank has halted funding for a tourism project in Tanzania following allegations of severe harm inflicted on tens of thousands of villagers, as reported...
The National Action on Sugar Reduction (NASR) Coalition has intensified its call for transparent nutritional labeling on infant formulas, citing concerns over escalating sugar content in...
Politician, Daniel Bwala, has dismissed claims that the Lead British International school student being bullied in a viral video is his daughter. A video of...
The Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMPDRA) has fixed the price of Compressed Natural Gas (CNG) at $1.57MMBtu. This figure is lower than the...
A force which the global financial markets was not prepared for in 2024 is already affecting them: The dollar is strong again and seems to be...
John Legend has criticized former United States President Donald Trump, calling him racist towards black people. The singer recently joined MSNBC to discuss the current state...
Microsoft has announced a smaller AI model called Phi-3 to lower the cost for users, who could not afford its Large Language Models (LLM). Announcing the...
The owner of a Chinese supermarket in Abuja, which has faced criticism for its discriminatory entry policy, has denied allegations that her store is intended exclusively...
Are you ready for The Big Daily Big Cabal Media wants to help you get smarter as it’s already doing with TechCabal’s tech coverage and Zikoko’s...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc will receive a total dividend of N94.180 billion for the financial year ending December 2023, representing a reward...
A report by the International Labour Organization (ILO) has indicated an that over 70% of the global workforce are predicted to face climate-related health risks, as...
The Transmission Company of Nigeria (TCN) has referenced a statement by Adebayo Adelabu, Minister of Power, that Right-of-Way (RoW) problems are hindering the progress and completion...
Nigerians rejoice as Tunde Onakoya breaks a global chess record with a 60-hour marathon game. In an interview with Naija News, the CEO of Marvel Interiors,...
The Board of the Joint Admissions and Matriculation Board (JAMB)has announced that it will reimburse the fees paid for forms by visually-impaired candidates of the Unified...
The China General Chamber of Commerce (CGCC) in Nigeria has stated that no Nigerian has faced discrimination or been denied entry into the Chinese supermarket located...
The Corporate Affairs Commission (CAC) said it has revoked the certificates of incorporation of two subsidiary companies of the Nigeria Postal Service (NIPOST). The two companies...
A Nigerian lady experienced heartbreak in her 5-year relationship when her serious boyfriend revealed he is marrying another woman in a week. This was shared in...