Some of Nigeria’s leading companies incurred a combined forex loss of N1.8 trillion in the financial year 2023. This is according to information contained in the...
Dana Air has announced that it is processing refunds for flights affected by its recent temporary suspension. The Nigeria Civil Aviation Authority (NCAA) imposed the suspension...
The Federal Government has revoked 924 inactive mining licenses, alleging that miners have facilitated a black market for acquiring mining titles. The revoked licenses comprise 528...
Capital market operators have said that implementation of the Nigerian capital market master plan must be paramount for the new Director General of the Securities and...
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has commended President Bola Ahmed Tinubu for approving the first phase of the Consumer Credit Scheme....
Fidelity Bank has shown resilience in its financial performance but now faces a critical test: navigating the challenging terrain of the new Central Bank of Nigeria...
Digital money lenders, popularly known as loan app companies, are playing significant roles in extending credit facilities to the informal sector. While there are now hundreds...
In partnership with Happy pre-Friday ☀️ In Q1 2024, investment in African startups took a nosedive, plunging by approximately 45.6% compared to Q1 2023. On the...
Diego Simeone’s Atletico Madrid are launching an ambitious transfer raid for Manchester City star Jack Grealish. The Atletico manager is reportedly a fan of the England...
Since the start of April 2024, the Nigerian stock market has been on a bearish run, with the All-Share Index (ASI) declining by 6.16% and the...
The World Health Organisation (WHO) has revealed plans to kickstart vaccination against Human Papilloma Virus (HPV) in Kogi State, beginning on May 27. Dr Muktar Toyosi,...
Subscriptions for 5G connectivity maintained a steady increase, reaching 1.24% of the country’s total connections as of March this year. This is according to the latest...
The National Association of Academic Technologists (NAAT) has proposed a minimum wage of N350,000 for workers in Nigeria. Mr. Ibeji Nwokoma, President of NAAT, announced this...
HMD is breaking into new territory by launching its first smartphone line under an original name. It’ll no longer be known as just a manufacturer of...
It’s only been two-and-a-half-months since the Kansas City Chiefs overcame the San Francisco 49ers in a modern classic of a Super Bowl, but to NFL devotees...
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...
An unspecified number of inmates have escaped from the old Suleja Correctional Centre in Suleja local government area of Niger State following a rainstorm that destroyed...
Celestine Onele, an electrical engineer from Ezza South Local Government Area of Ebonyi State, has embarked on a quest to break the Guinness World Record for...
The daughter of a former President, Customary Court of Appeal, Abuja, Justice Moses Bello(late), Ann Eniyamire has asked the Federal Capital Territory High Court in Bwari,...
Ann Eniyamire, the daughter of the late Justice Moses Bello, former President of the Customary Court of Appeal in Abuja, has petitioned the Federal Capital Territory...
TikTok faces an uncertain fate in the U.S. once again. A bill including a deadline for TikTok parent company Bytedance to divest within nine months or...
The Central Bank of Nigeria (CBN) conducted a successful treasury bills (T-Bills) auction on April 24, 2024, where about N362.45 billion was raised across various maturities....
The Central Bank of Nigeria (CBN) conducted a successful treasury bills (T-Bills) auction on April 24, 2024, where about N362.45 billion was raised across various maturities....
It is a universal truth of human nature that the developers who build the code should not be the ones to test it. First of all,...
Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024...
The Governor of Rivers State, Siminalayi Fubara, has proudly asserted that he has consistently made sound decisions ever since assuming office. Recall that Fubara was sworn...
The National Board for Technology Incubation (NBTI) has generated over 22,000 direct employment opportunities through its community incubation centers nationwide since its inception in 2005. This...
The Nigerian Stock Exchange (NGX) closed on a bearish note as selloffs overtook buying activities. The All-Share Index dipped by 1,190.24 points to settle at 98,121.30,...
Isaac Kamalu, another loyalist of the Minister of the Federal Capital Territory, Nyesom Wike, has exited the cabinet of the Rivers State Governor, Siminalayi Fubara. Naija...
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...
Multichoice Nigeria, a prominent Pay-TV operator, has once again announced a price increase for its DStv and GOtv packages, this time by at least 25%. This...
Ogun State Chambers of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has described the Dangote Group as the driving force of the Gateway International Trade Fair. This...
The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, and the former Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, have...
The Edo State Police Command has paraded 21 suspects arrested for various crimes in different parts of the state. The Commissioner of Police in the...
Veritasi Homes PLC, a leading real estate development company in Nigeria, recently announced the Veritasi Homes PLC Investment Expo 2024. The expo is scheduled for Saturday,...
The Registrar, Joint Admission and Matriculation Board (JAMB), Prof Ishaq Oloyede, has indicated that no fewer than 1.94 million candidates are expected to sit for the...
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, on Tuesday inaugurated the National Executive Safety Committee (NESC) to enhance safety in Nigeria’s aviation sector....
The minister of Aviation and Aerospace Development, Festus Keyamo, has directed the acting director-general of the Nigeria Civil Aviation Authority (NCAA), Capt. Chris Najomo, to suspend...
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...