Story Highlights A Federal High Court in Abuja has denied Yahaya Bello’s request to halt his arraignment, criticizing the former governor’s absence in court and refusal...
Chad’s military leader General Mahamat Idriss Deby Itno, 40, who also served as the interim president has been declared the winner of Monday’s hotly disputed presidential...
The embattled senior executive of cryptocurrency exchange Binance, Tigran Gambaryan, has appealed for assistance from the government of the United States of America in a viral...
Former President of the United States of America, Donald Trump is now worth a hefty $8.84 billion, marking an all-time high for his net worth. This...
The Ebonyi State Government has allocated N25 million for the surgical operation of 100 scrotal hernia patients within the state in a bid to address healthcare...
The Lagos State Government has reaffirmed its commitment to launching the monthly rental scheme. The Commissioner for Housing, Mr. Moruf Akinderu-Fatai, reiterated this on Thursday during...
The ARM Labs Innovation Program (ALIP) has been a catalyst for Nigerian startups, equipping them with essential resources and guidance to effectively pitch and secure investments....
The Ekiti State Government says it has signed a Memorandum of Understanding (MOU) with a leading Nigerian investment company – Cavista Holdings (owners of Agbeyewa Farms...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc on Thursday at the third Annual General Meeting approved the company’s plan to establish a capital raising programme of $750...
Canada’s anti-money laundering agency announced that it had imposed a fine of nearly C$6 million ($4.38 million) on cryptocurrency exchange Binance for violating money laundering and...
The Nigerian Communications Commission (NCC) said it has signed a Memorandum of Understanding with Nokia Solutions and Networks Nigeria, to train young Nigerians on the latest...
The International Monetary Fund (IMF) has recommended that global crypto trading platforms should be registered or licensed in Nigeria and subject to regulatory requirements. It made...
Ghana’s national postal service has taken the silver jubilee of its king’s coronation to a new level by creating crypto stamps linked to unique nonfungible tokens...
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has taken decisive action against tax evasion by sealing off Residency Hotels, a school, and three business premises...
Minister of Solid Mineral Development, Mr. Dele Alake, has said that the Federal Government requires around N70 billion to fund solid minerals exploration activities across the...
President Bola Tinubu has ordered the swift completion of all uncompleted inland dry ports nationwide to boost commerce, international trade, and job creation for Nigerians. Tinubu...
Story Highlights The Securities and Exchange Commission (SEC) has introduced new regulations governing the issuance and allotment of securities by private companies. The rules outline penalties...
Music streaming platform, Spotify, has said it paid over N25 billion in streaming royalties to Nigerian artists in 2023. The company disclosed this in its annual...
A delegation from Zambia visited the Nigeria Diaspora Commission (NiDCOM) to explore possible collaboration and study an approach to engaging with Nigerians in the diaspora and...
During the past two trading sessions, the share price of PZ Cussons Nigeria witnessed a depreciation of 19.94%, settling at N30.80 per share at the close. ...
The Abdul Samad Rabiu Africa Initiative (ASR Africa) has commenced the construction of four classroom blocks for the University of Uyo in Akwa Ibom State with...
The Academic Staff Union of Universities (ASUU) has maintained its stance on negotiating its members’ salaries directly with the Bola Tinubu-led administration, rejecting the N35,000 wage...
The International Monetary Fund (IMF) has called on the Nigerian government to scale up its cash transfers to help poor Nigerians manage the current cost of...
The Nigerian Senate has approved the imposition of the death penalty on individuals found guilty of drug trafficking within the nation’s borders. The decision, made on...
The Federal Government is considering introducing excise duties in the telecoms, lottery, and gambling industries, alongside increasing the Value Added Tax (VAT) rate. Plans to introduce...
Paul Arkwright, who served as the UK High Commissioner to Nigeria from 2015 to 2018, has been appointed to the board of Airtel Africa. According to...
The National Labour Congress (NLC) has instructed its members across the country to picket the offices of the Nigerian Electricity Regulatory Commission (NERC) and the power...
Attending the Forbes Under 30 Summit Africa in Botswana presents a wide opportunity for Jeroid’s CEO to showcase his achievements and potential for inclusion in the...
The Lagos State Real Estate Regulatory Agency (LASRERA) said it has recovered N478.13 million and 18 properties from fraudulent real estate practitioners, returning them to their...
The Nigerian Economic Summit Group (NESG) has stated that unless certain conditions are met, Nigeria may not reap the benefits of local crude oil refining which...
The International Monetary Fund (IMF), the financial body has endorsed the economic reforms implemented by President Bola Ahmed Tinubu’s administration, noting significant strides in addressing Nigeria’s...
PalmPay, a leading fintech platform, has partnered with the Lagos State Government to bolster its agricultural initiative, offering robust payment solutions to empower residents and businesses...
Elon Musk’s brain technology, Neuralink, has said that the device implanted in its first patient malfunctioned weeks after the surgery. The company disclosed this on Thursday...
Members of the House of Representatives have demanded that the Central Bank of Nigeria (CBN) temporarily withdraw the circular instructing banks to start implementing the 0.5%...
Daar Communications Plc, the parent company of AIT, disclosed a significant financial downturn in its latest annual report, posting a loss of N1.6 billion for the...
Egypt’s foreign debt increased by $3.5 Billion in the last three months of 2023 according to freshly released Central Bank Data. The above information revealed Egypt’s...
Over the course of nearly four years, Aliko Dangote, President of Dangote Group and Africa’s richest man, has witnessed a substantial growth in his net worth,...
Nigeria has spent about $1.12 billion on foreign debt service payments in the first quarter of 2024, highlighting the growing burden of external debt on the nation’s finances....
Uganda has been named and awarded the top investment destination in Africa at a recent Annual Investment Meeting (AIM) in Abu Dhabi. The East African country...
The Ghana Statistical Service (GSS) announced on Wednesday that the year-on-year inflation in the West African country has dropped to 25% in April, which is 0.8...
Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved...
Following several weeks of a downward trend, Nigeria’s foreign exchange reserves have witnessed a marginal resurgence of about $262 million over 19 days. The Central Bank...
Experts and stakeholders in the blockchain industry have blamed the ongoing events around crypto trading in Nigeria on the policies and actions of the Central Bank...
Airtel Africa Plc released its full-year financial statement for the year ending March 31, 2024. The company posted a loss after tax of $89 million during...
The Lagos State Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye has unveiled plans to establish five new power hubs across the city, providing residents...
The naira traded at the lower end of its range against the British pound sterling, edging lower ahead of a Bank of England (BoE) interest rate...
The Australian Tax Office has ordered crypto exchanges operating in the country to reveal personal and transaction details of over 1.2 million traders on their platform....
Nigeria-based biotechnology startup, Syndicate Bio. has partnered with SophiaGenetics, a cloud-native software firm specializing in data-driven medicine, to become the inaugural laboratory in Africa to offer...
Story highlights The Economic and Financial Crimes Commission (EFCC) has indicted former Minister of Aviation, Hadi Sirika, for alleged contract fraud involving his daughter, son-in-law, and...
Nigeria’s President, Bola Tinubu, has assured the United States and other international partners of enhanced power supply within the country, citing the country’s abundant gas resources...
Disney and Warner Bros. Discovery have announced plans to introduce a streaming bundle comprising Disney+, Hulu, and Max this summer, representing a significant development in the...
The Africans in Diaspora Development Union (AFRIDU) has requested the support of the Federal Ministry of Interior to secure citizenship rights and visas on arrival for...
The Federal Government of Nigeria says it has delivered 1,437.5 metric tonnes of grains to vulnerable Nigerians in Niger state. The delivery ceremony was announced by...
The Lagos State Government has launched an Electronic Physical Planning Permit System, which enables building approvals to be obtained within just 10 minutes. Dr. Olajide Babatunde,...
The PwC Annual Global CEO survey report for West Africa has revealed that about 51% of chief executive officers (CEOs) across the region expect their local...
Chief Operating Officer of Seplat Energy, Samson Ezugworie, has said that the company is set to increase its gas production capacity by an additional 390 million...
The Corporate Affairs Commission (CAC) has opened a center dedicated to bulk registration of PoS operators in the country. This follows a recent 2-month deadline given...
The Association of Capital Market Academics of Nigeria (ACMAN) has expressed its concern regarding the timing of the proposed 0.5% cybersecurity levy introduced by the Central Bank of...
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...
Access Bank Group has launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing...
The African Union (AU) has suggested that to attain sustainable development globally, developing countries should have increased representation and influence within global Artificial Intelligence(AI) governance structures....
Zenith Bank has paid N109.9 billion in final dividend for the financial year (FY) 2023, representing a payment of N3.50 per ordinary share. The figure marks...
The management of Okomu Oil Palm Plc has raised concerns that its multi-billion-naira investment in Edo State is at risk due to repeated militant disruptions and...
The Nigerian fiscal policy committee led by Taiwo Oyedele has proposed sweeping reforms to the country’s Value-Added Tax (VAT) system, including increases in VAT rates on...
Under-investment has been highlighted as one of the key issues affecting the health sector. This was discussed during a loan partnership agreement of $10 million between...
Managers of the bankrupted crypto exchange, FTX, have announced plans to distribute the recovered assets of the company totaling between $14.5 billion and $16.3 billion to...
Story highlights The EFCC has filed a lawsuit against SSL Industry Company Limited and two Chinese directors for alleged N1.2 billion tax evasion. The defendants are...
The Board of Directors of Zenith Bank Plc has announced the appointments of Mr. Adamu Saliu Lawani and Mr. Louis Odom as Executive Directors ofthe Bank. Both...
The European Union (EU) Commissioner for International Partnerships, Jutta Urpilainen, has highlighted the importance of involving youths in shaping policies, reflecting the EU’s commitment to empowering young...
An Ethiopian industry institution has revealed that coffee exports have earned the African country over $835 million in revenue over the past nine months. According to...
In a move to build sustainable wealth, alleviate poverty, and create a better future for all, Assetrise Limited, in collaboration with AG Mortgage Bank Plc, has...
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has asked the Federal Government and the Central Bank of Nigeria (CBN) to cap...
Nigerian Cryptocurrency stakeholders have urged Binance to reveal the identity of the purported bribe agent who demanded money from the crypto exchange to make their troubles...
Are you a young, vibrant content creator who loves to share your life with others through your smartphone? If yes, then you should check out the...
The federal government has denied the $150 million bribery allegations made by the Chief Executive Officer (CEO) of global cryptocurrency trading platform Binance Holdings Ltd, Richard...
Nigeria’s head of the Securities and Exchange Commission (SEC) has said he plans to upgrade and roll out additional rules to combat illegal trading in digital...
After months of anticipation, Beyond Limits, under the visionary leadership of Dr. Juliet Ehimuan, successfully hosted the second edition of the DICE (Digital Innovation and Creative...
The Lagos State Government has begun the demolition of illegal shanties within the abandoned Ikoyi Towers, days after discovering hundreds of undocumented individuals residing in makeshift...
New research by the World Bank has revealed that the conditional cash transfer program of the Federal Government since 2016 has little effect on household consumption,...
The critical role of trade in fostering economic growth and poverty reduction, especially in emerging markets, faces setbacks due to the pervasive gender bias that impedes...
The presidential candidate of the Labour Party in the last general election, Mr. Peter Obi, has described the Central Bank of Nigeria’s imposition of a 0.5%...
The Central Bank of Nigeria (CBN) has released an updated list of Deposit Money Banks (DMB) in Nigeria as of April 26, 2024. The latest list...
Microsoft co-founder Bill Gates has experienced a notable decline in his billionaire status, dropping to the lowest ranks in years. Despite being worth nearly $128 billion,...
The Debt Management Office (DMO) has announced the issuance of bonds worth N450 billion in its upcoming auction scheduled for May 13, 2024. The offering forms...
Throughout the global economic landscape, certain cities are representative symbols of prosperity, drawing attention for their immense wealth and influence. These pivotal centres of affluence, characterized...
On May 6, 2024, the Central Bank of Nigeria (CBN) ordered banks to begin the process of deducting cybersecurity levy which will be administered by the...
Tantalizers Plc successfully raised an estimated N1.07 billion through a private placement, as the fast food chain continues its restructuring plans. The company has negative retained...
Nigerian crude moderately decreased but maintained its premium status as industry data showed a buildup in both crude and fuel inventories in the world’s largest economies....
Africa’s e-commerce group, Jumia, cut down its operating losses by 71% year over year to $8.3 million in the first quarter (Q1) of 2024 as against...
Tech giant, Microsoft, and ChatGPT maker, OpenAI, have launched a $2 million Societal Resilience Fund to tackle AI misinformation and educate people around the world on...
The University of Nigeria Nsukka (UNN) has made a bold step in healthcare advancement with the inauguration of a vaccine research centre (VRC) aimed at tackling...
Africa’s e-commerce group, Jumia, cut down its operating losses by 71% year over year to $8.3 million in the first quarter (Q1) of 2024 as against...
The African Union (AU) says a $15 billion private sector investment is required to guarantee an increase in local manufacturing of mineral fertilizers in Africa. This...
The U.S dollar index was back on the front foot on Wednesday, making modest gains after earlier losses from renewed bets on Federal Reserve rate cuts...
The Centre for the Promotion of Private Enterprise, (CPPE) has stated that the newly introduced cybersecurity levy and other numerous taxes imposed by federal, state, and...
Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals...
The Economic Community of West African States (ECOWAS) has announced that Heads of States of its member states have agreed to raise $2.4 billion to establish...
Shell has revealed that it paid the sum of $1.09 billion in corporate taxes and royalties to the Federal Government in 2023, highlighting its significant financial...
President/GCEO of Transcorp Group, Dr. Owen D. Omogiafo, OON has been recognized as one of the most influential people of African descent (MIPAD)’s Global Top 100...