FCMB Group Plc released its unaudited financial results for Q1 2024, revealing a pre-tax profit of N31.344 billion, marking a significant 193% increase year-on-year This result...
Bruno Fernandes has broken his silence on speculation he could leave Manchester United. After a recent report from the Telegraph claimed the Red Devils’ ownership are...
The Minister of Works, Sen. David Umahi has stated that Landmark Africa has no claim to the 250-metre shoreline, which is part of the Right-of-Way for...
Bitcoin’s price broke below the 60K mark after falling over the past five days, hitting a low of $59.1K at the time of writing. Despite a...
Bitcoin dropped to less than $62,000 in price after the much-anticipated debut of Hong Kong’s Exchange Traded Fund (ETFs) failed to live up to expectations. According...
The Chartered Institute of Stockbrokers (CIS) has elected Mr. Oluropo Dada as its 13th President and Chairman of the Governing Council. Dada’s election was announced in a statement...
Landmark Africa, owner of Landmark Beach on Victoria Island, responded to the demolition of parts of its property for the Lagos-Calabar Coastal Highway project, stating that...
Kredi, a full-service digital bank that helps Nigerians spend, save, invest, borrow, and “banktheinKredibleway” has announced award-winning Nollywood actor, Deyemi Okanlawon as its first brand ambassador....
BuuPass, Kenya’s digital intercity multimodal travel solutions provider, has finalized its acquisition of QuickBus, a major player in the bus ticketing service industry in Nigeria and...
A beauty queen shared a cryptic post just days before being gunned down in a fatal gang shooting. Former Miss Ecuador contestant Landy Párraga Goyburo,...
The Nigerian naira traded near its April low, while the dollar index approached a six-month high as anticipation of a Federal Reserve meeting kept traders largely...
Hon. Justice Sinmisola Adeniyi of the National Industrial Court, Abuja, has upheld the termination of employment of a former Deputy Manager of First Bank of Nigeria...
About 34.3% of Nigerian workers, aged 15 and older, are working poor, living below the poverty line despite being employed. This is according to the Nigeria...
The Federal Government has approved an increase in salaries across various salary structures in a move aimed at boosting the welfare of civil servants. The increase,...
Multichoice Nigeria, a popular Pay TV provider, has proceeded with the upward adjustment of its prices for DStv and GOtv subscribers, despite a recent court ruling...
Access Holdings has maintained its position as Nigeria’s largest banking group, with assets reaching N32.6 trillion as of March 31, 2024. This represents a whopping 22%...
The Executive Director of Cavista Technology, Mr Bamidele Odufuye, has said that Nigeria needs more tech startups focusing on health solutions, having recorded successes in fintechs...
Shareholders of Transcorp Hotels Plc have endorsed the recommendation of the board of directors for a dividend of N2.05 billion for the financial year ending December...
The Chairman of Dangote Sugar Plc, Alhaji Aliko Dangote, says the company plans to end the importation of sugar in the next four years going by...
The Nigeria Inter-Bank Settlement System (NIBSS) 2023 Annual Fraud Landscape reveals an alarming trend in international fraud activities targeting Nigerian banks’ customers. The financial landscape in...
Multichoice Nigeria recently announced another price increase on its DStv and GOtv packages, marking a third time in the last 12 months. While many Nigerians are...
In partnership with Happy workers’ day 🛠️ Application for TechCabal Battlefield is still ongoing, don’t miss the opportunity to showcase your startup to a global audience...
A new report from the think-tank, Onward, has proposed a radical overhaul of the UK’s higher education system. The report recommends that only top-performing universities should...
Operatives of the Edo State Police Command have arrested three suspects, Sunday Ehiosu, Patrick Okon (26), Godswill Omorege (23) and Malik Shola (26), for allegedly breaking...
The Federal Government has approved an increase of between 25% and 35% in salaries of civil servants on the existing six Consolidated Salary Structures. The Salary...
Binance founder, Changpeng Zhao, has been handed a four-month prison sentence due to lapses that enabled cybercriminals and terrorist organizations to operate freely on the globe’s...
The Federal Government has approved an increase of between 25% and 35% in salary for civil servants on the remaining six Consolidated Salary Structures. The Salary...
Arsenal star Declan Rice has hit back at Roy Keane for unfair criticism and took a dig at his goal scoring record. Rice has been superb...
BUA Foods has posted a profit before tax of N62.4 billion in Q1 2024, representing a 36% year-on-year increase from the N45.9 billion pre-tax profit posted...
The Nigerian Senate has denied reports of a fight over seating arrangements at Tuesday’s plenary at the renovated chamber. Recall that the Senate earlier in the...
The Federal Government has announced that Wednesday, May 1, will be a public holiday to celebrate Workers’ Day this year. This was declared by the Minister...
The Lagos State Government has disbursed a total sum of N849,555,000 in scholarships and bursaries to 10,066 students enrolled in its tertiary institutions. Mr. Tolani Sule,...
Futurize, a technology company, who is leading the charge in sparking innovation and technological progress in Africa, in collaboration with AstraZeneca, a global science-led biopharmaceutical company,...
OPay remains committed to working closely with the Central Bank of Nigeria (CBN) and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other...
At some point in our digital lives, we’ve encountered a Zip folder that needs to be unzipped, and if it’s your first time trying to unzip...
After triggering a spike in VPN service downloads following a temporary ban about a year ago, OpenAI faces troubles in the European Union once again. The...
A bipartisan bill designed to protect children from online sexual exploitation is headed to President Biden’s desk. Proposed by Senators Jon Ossoff (D-GA) and Marsha Blackburn...
Granville Medical and Laser has announced the launch of an innovative initiative aimed at supporting schools’ sports programs for children. Under this groundbreaking endeavour, Granville is...
Liverpool could try to tie Mohamed Salah down to a new contract and sell him for as much as £70million in the summer of 2025, according...
Elon Musk’s financial fortunes are witnessing a dramatic turnaround, rebounding from a recent slump to reach levels not seen in nearly a year. According to the...
Another busy summer is expected at Chelsea and one player who is destined to leave the Premier League club is Ian Maatsen, who is said to...
Acting National Chairman of the Peoples Democratic Party (PDP), Ambassador Umar Damagum, says the party is ready to win the November governorship election in Ondo State. ...
The Nigerian Senate has suspended its plenary session for one week, until the 7th of May, in order to make final adjustments to the newly renovated...
The Nigerian Content Development and Monitoring Board (NCDMB) has announced that it has received an interim dividend of N450 million from the N1.5 billion declared by...
Manchester United are preparing for a potential squad overhaul. Recent reports have suggested the Red Devils will listen to offers for almost all of their first-team...
Kelechi Iheanacho and Wilfred Ndidi played a vital role in ensuring that Leicester City return to Premier League football after one season in the second tier...
The Board of Standard Chartered Bank has announced the appointment of Dalu Ajene as the Chief Executive Officer of the Bank’s operations in Nigeria. According to the Bank’s press statement...
A Federal Capital Territory High Court, Abuja on Tuesday has adjourned the fresh arraignment of the suspended governor of the Central Bank of Nigeria (CBN), Godwin...
Wayne Rooney has landed a new job as a football pundit on The Overlap. The 38-year-old will be featured on the YouTube channel with Ian Wright,...
This article was contributed to TechCabal by Uzoma Dozie. I am going to do banking, but better. The vast majority of our current crop of African...
Coca-Cola Co. revised its 2024 forecast upward following a sterling first-quarter performance that surpassed Wall Street’s projections. Organic revenue, excluding currency fluctuations and acquisitions, surged by...
Okomu Oil Palm Plc has reported a pre-tax profit of N23.033 billion for the Q1 ended March 31, 2024, representing a 54.77% year-on-year (YoY) increase. The...
Review info Platform reviewed: Nintendo SwitchAvailable on: Nintendo SwitchRelease date: May 2, 2024 Endless Ocean Luminous is the third game in the Arika-developed series of deep-sea...
The first day of Senate’s plenary in the renovated red chamber was marred by a verbal war among Senators over sitting arrangement on Tuesday. LEADERSHIP reports...
There was a rowdy session among Senators in the upper legislative chambers on Tuesday over sitting arrangement in the newly renovated Senate Chamber of the National...
Lafarge Africa Plc has released its unaudited financial statement for the first quarter (Q1) of 2024, posting a pre-tax profit of N8.7 billion. This represents a...
Glovo, a food delivery giant in Africa, has announced that it will be exiting the Ghanaian market on May 10, 2024, citing profitability challenges and a...
The presidential candidate of the Labour Party in the 2023 general election, Peter Obi, has cautioned that the ongoing demolition of various properties for the purpose...
Federal lawmakers of the Nigerian Senate on Tuesday, resumed plenary in their renovated chambers after two years of renovation works. Naija News reports that the renovation...
Operatives of the Ekiti State Police Command said a set of twins, Olasoji Kehinde and Olasoji Taiwo have been arrested for breaking into a shop and...
The House of Representatives on Tuesday directed the Nigeria Electricity Regulatory Commission (NERC) to stop the introduction of the new electricity tariff for Band A customers....
Recently, alarming reports have surfaced regarding the illicit use of doctored visuals from Channels Television to endorse fraudulent investment schemes. Channels Television, in response to these...
Inam Wilson, the appointed liquidator of Greif Nigeria Plc, has said that the process of voluntary wind-up is still ongoing. In a notice of Status of...
A former United Nations Special Rapporteur on Human Trafficking, Professor Joy Ezeilo, says the road to redemption in Nigeria is indeed a long one. This is...
The European Union announced Tuesday it suspects Meta’s social networking platforms, Facebook and Instagram, of breaking the bloc’ rules for larger platforms in relation to election...
The fintech business of MTN Nigeria recorded a marginal increase to N22.8 billion in the first quarter(Q1) of this year. According to the company’s Q1 2024...
Uganda has signed a $295 million loan agreement with Saudi Islamic Development Bank (IDB), said the East African country’s finance minister on Tuesday. According to Reuters,...
Canada’s Immigration Minister, Marc Miller, has announced that from September, international students will have the opportunity to work off-campus for up to 24 hours per week....
Chowdeck, Nigeria’s on-demand delivery service, has secured $2.5 million in seed funding to optimize its operations and support expansion into more cities across the country. According...
The Nigerian National Petroleum Company (NNPC) Limited has informed the public that the current fuel shortages and the accompanying queues will be resolved by Wednesday. Olufemi...
Cocoa prices moderated past their 2-1/2 week low on Tuesday due to increased supplies from Nigeria and an uptick in rainfall. Nigeria, the world’s fifth-largest cocoa...
Cocoa prices moderated past its two and a half-week low on Tuesday amid a boost in supplies from Nigeria and an uptick in rainfall. Nigeria, the...
The Joint Admissions and Matriculation Board (JAMB) has unveiled the results of the 2024 Unified Tertiary Matriculation Examination (UTME), with only 0.4% or 8,401 candidates achieving...
Max, the leading tech platform that democratises access to vehicle ownership, and Spiro, an innovative electric mobility company, is thrilled to announce a strategic collaboration aimed...
The Economic Financial and Crime Commission (EFCC) is currently conducting investigations into the stewardship of several high-profile government officials, including former governors, ministers, and senators, among...
Chris Sutton has hit out at the behaviour of Liverpool star Mohamed Salah in the West Ham United game, with the Reds forward spotted clashing with...
UAC of Nigeria Plc has reported a pre-tax profit of N9.030 billion for the Q1 ended March 31, 2024, representing 1,064% year-on-year (YoY) increase. According to...
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has established a divestment framework to oversee the evaluation of applications for ministerial consent regarding the Shell Petroleum Development...
An ecosystem’s year of grit and excellence In 2023, we began publishing impact reports to publicly track our coverage of the ecosystem and better understand how...
The International Monetary Fund (IMF) says the critical mineral deposits in sub-Saharan Africa (SSA) can boost the region’s Gross Domestic Product by 12% in 2050. This...
A female student at the University of Abuja, Murjanatu Zubairu, has tragically passed away in a car accident on the Lugbe – Airport Road in Abuja....
Tech giant, Google, has announced the opening of applications for the 8th cohort of its Google for Startups Accelerator Africa program. According to a statement from...
Shareholders of Nigerian Exchange Group (NGX) Plc have given their approval for the group’s initiative to raise capital of up to N10 billion naira through a...
Only 20% of Nigerian bank employees implicated in fraudulent activities were dismissed in 2023, indicating a lenient stance towards internal malpractices. An analysis of reports on...
Nigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel through which the largest amount was...
MTN Nigeria experienced significant financial strain due to a continued depreciation of the naira, reporting a net foreign exchange loss of N656.3 billion in Q1 2024,...
Coca-Cola Co. is preparing for listings on two stock exchanges, after previously deferring such plans. According to a report by Bloomberg, the beverage giant is contemplating...
National Chairman of All Progressives Congress (APC), Dr. Abdullahi Ganduje, on Monday, told the opposition parties that there will be no vacancy in Aso Rock in...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the initiation of a new bid round for marginal oil fields in Nigeria in 2024. This round...
The Central Bank of Nigeria (CBN) has increased the exchange rate for the Nigerian Customs Service duty collection by N163. Hence, the latest exchange rate for...
The Central Bank of Nigeria (CBN) has increased the exchange rate for the Nigerian Customs Service duty collection by N163. Hence, the latest exchange rate for...
In partnership with Good morning ☀️ Before we get to today’s edition, here’s a reminder that we launched The Big Daily last week, it’s TC Daily...
The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja has restrained Multichoice Nigeria, a prominent Pay-TV operator, from increasing the prices of its DStv and...
The Registrar of the Joint Admissions and Matriculation Board (JAMB), Ishaq Oloyede, officially unveiled the results of the 2024 Unified Tertiary Matriculation Examination (UTME) during a...
LinkedIn is currently offering free soft skills courses, open to everyone, including students and working professionals. The aim of this initiative is to align with LinkedIn’s...
The Nigerian economy’s heavy reliance on oil revenues has made it particularly vulnerable to international market dynamics, leading to currency depreciation and a disparity between official...
The Edo State Police Command has arrested four suspects for allegedly breaking into the apartment of their victim and stealing property worth N15 million in Benin...
The Nigerian Electricity Regulatory Commission (NERC) has approved the deregulation of meter prices for DISCOS under the Meter Asset Provider (MAP) scheme. The Commission also adjusted...
Francis Ngannou has tragically lost his 18-month-old son Cameroon outlet 237online.com reported the devastating news before the former UFC champion-turned-boxer appeared to confirm it in a heartbreaking social media post....