The latest report from the International Rescue Committee (IRC) and its partners says that around 16% of Nigerians will face severe food insecurity or hunger between...
The latest report from the International Rescue Committee (IRC) and its partners says that around 16% of Nigerians will face severe food insecurity or hunger between...
Eight persons have been killed while a branch manager with Taj Bank, Mandir Laura has been abducted in Zamfara State by persons believed to be bandits....
The Joint Admissions and Matriculation Board (JAMB) has announced the release of an additional 531 results from the recent Unified Tertiary Matriculation Examinations (UTME), bringing the...
The Chief Executive Officer (CEO) of Binance, the world’s largest cryptocurrency trading platform, The Chief Executive Officer (CEO) of Binance, the world’s largest cryptocurrency trading platform,...
FBNBank Ghana has announced its name change to FirstBank Ghana as it aims to strategically align with FirstBank Group’s identity, values, and vision. The name change...
A Nigerian startup providing digital identity solutions, Seamfix, has secured $4.5 million to fund the expansion of its digital ID and credential services. The private equity...
United Bank for Africa Plc (UBA), Africa’s Global Bank, released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across...
Russian President Vladimir Putin has been sworn into office for a record-breaking fifth term at a lavish Kremlin ceremony. The 71-year-old, who has ruled Russia since...
The Central Bank of Nigeria (CBN) on Monday directed banks to start the process of deducting cybersecurity levy to be administered by the office of the...
If you’re increasingly wary of committing to a show for fear that it’ll join the ranks of Netflix‘s cancelled shows just as you’re getting hooked, you’re...
Russian President Vladimir Putin was Tuesday sworn into office at a lavish Kremlin ceremony for a record-breaking fifth term with more power than ever before. The...
Pro-Palestinian demonstrations broke out near the Metropolitan Museum of Art on Monday night, May 6 as celebrities gathered for the annual Met Gala event. The...
The Socio-Economic Rights and Accountability Project (SERAP) has given the Tinubu-led administration 48 hours to withdraw the cybersecurity levy directive issued by the Central Bank of Nigeria...
In the realm of corporate strategy, the pursuit of cost optimization stands as a pivotal endeavor, particularly in industries susceptible to fluctuating economic conditions. Dangote Cement,...
Tottenham have been encouraged in their pursuit of Fulham defender Tosin Adarabioyo. The defender is being chased by a number of Premier League clubs ahead of...
At least three Nigerian states Ekiti, Cross River and Ogun have proposed a suspension of foreign debt repayments due to severe foreign exchange volatility. This call...
Story Highlights The Nigerian Exchange Group (NGX) conducted a significant downsizing shortly after its annual general meeting in Lagos, officially terminating 25 employees, contrary to earlier...
The Nigerian Exchange Group (NGX) has relieved some staff members of their jobs days after its annual general meeting (AGM) which was held in Lagos. Multiple...
The past week has been a rollercoaster for Nigeria’s crypto industry, with an imminent ban on p2p trading threatening to undo progress towards positive regulations. A...
Geekom XT Series XT12 Pro: 30-second review Specs CPU: Intel Core i9-12900HGraphics: Intel Iris Xe GraphicsRAM: Up to 64GB Dual-channel DDR4-3200MHzStorage: Up to 2TB M.2 2280...
The Nigerian Electricity Regulatory Commission (NERC) has reduced the exchange rate for calculating the current electricity tariff for Band A customers by 16.03%, from N1,463.3/$ to...
The Federal Government is committed to promoting sustainable air travel through the strategic use of satellite technology. Mr. Festus Keyamo, Minister of Aviation and Aerospace Technology,...
The Alternative Bank in collaboration with TotalEnergies announced a ground-breaking partnership to bring essential banking services directly to underserved communities across the country through their innovative...
In partnership with Good morning ☀️ TechCabal is launching a podcast we hope will enhance conversations and improve insight into the people in the ecosystem. Please...
Kano State governor, Abba Kabir Yusuf, has performed the ground-breaking of a N15 billion three-layer interchange bridge at Kofar Dan’agundi in the Kano metropolis. Speaking at...
This week started on a bearish note in the Nigerian Exchange (NGX), which posted a 0.89% decline to close today with an All-Share Index of 98,703.68...
An investment banking executive has died after allegedly working a 120-hour-a-week shift on a deal in the Financial Institution Group (FIG) sector. According to Trading View,...
Investors of Airtel Africa Plc, one of the major telecommunications companies quoted on the Nigerian Exchange Group Plc (NGX), recorded a loss of about N826 billion...
Federal Road Safety Corps (FRSC) in Rivers State, has begun the sensitisation of motorists, especially commercial drivers on the dangers of carrying fuel in their vehicles...
The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja will today, Tuesday, hear and possibly determine the case against Multichoice Nigeria, a major pay-TV operator,...
Dr. Ikenna Okezie is Chief Executive Officer and co-founder of Somatus, a $2.5 billion market leader in value-based kidney care. His healthcare start-up is based in...
The Bitcoin Network has processed its one billionth transaction marking a significant milestone in the 15 years of the network’s existence. According to CoinTelegraph, a bitcoin...
The Katsina State Government has allocated the sum of N3.77 billion between June 2023 and April 2024 in a bid to strengthen healthcare services within its...
The Federal High Court sitting in Abuja, on Monday, adjourned an amended money-laundering charge instituted by the Economic and Financial Crimes Commission (EFCC) against a nephew...
President of the Africa Fintech Network (AFN), Dr. Segun Aina, has said that some of the regulatory issues facing fintechs in Nigeria are due to the...
The Apapa Command of the Nigeria Customs Service (NCS) has achieved a major feat by generating a staggering N672.1 billion in revenue between January and April...
Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank...
The Central Bank of Nigeria (CBN) has ordered banks to enact the process of deduction of cyber security levy to be administered by the office of...
The federal government has dismissed reports that the federal government is collaborating with other countries to set up a foreign military base in Nigeria. The Minister...
Following a recent pronouncement by Dr. Oluyinka Olumide, the Lagos State Commissioner for Physical Planning and Urban Development, concerning significant structures situated on the Lekki-Epe axis,...
Following a recent pronouncement by Dr. Oluyinka Olumide, the Lagos State Commissioner for Physical Planning and Urban Development, concerning significant structures situated on the Lekki-Epe axis,...
Cross Border Trade between the Democratic Republic of Congo (DRC) and Rwanda has significantly increased despite the two countries being embroiled in political tensions that might...
Global oil giant, Shell Plc, has opted to sell off its majority stake in a South African downstream subsidiary following an extensive evaluation of its operations...
UAC of Nigeria Plc (UACN) and Chemical and Allied Products Plc (CAP), have refuted the alleged media report on the potential acquisition by UAC of shares...
The Federal High Court Abuja has ordered Qatar Airways to enter defense in a suit filed by an ex-lawmaker, Honorable Chukwuemeka Ujam, who seeks N30 million...
The Vice President of Nigeria, Kashim Shettima is unable to attend the US-Africa Summit 2024 due to technical issues with his aircraft. Naija News reports Shettima...
Renowned business mogul, Aminu Dantata, on Monday visited former Kano State Governor, Senator Ibrahim Shekarau, over the fire incident that destroyed part of his Kano residence....
Former Vice President Atiku Abubakar has said that the country is presently on auto pilot due to the absence of President Bola Tinubu and his deputy,...
The Rivers State lawmakers have passed the state Public Procurement (Amendment) Bill, 2024, into Law and threatened to take stringent measures against Governor Sim Fubara “if...
The Acting Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, is advocating for a new cryptocurrency measure that aims to remove the...
Nigeria may reinstate a previously suspended telecom tax and other fiscal measures as it seeks to secure a new $750 million loan from the World Bank. This is...
Nigeria may reinstate a previously suspended telecom tax and other fiscal measures as it seeks to secure a new $750 million loan from the World Bank. This is...
The federal government has announced its decision to remove the Naira from all peer-to-peer (P2P) exchanges. The Director General of the Securities and Exchange Commission, Emomotimi...
The Nigerian Electricity Regulatory Commission (NERC) has confirmed that it gave approval to the Electricity Distribution Companies (Discos) to implement a reduction in the tariff of...
The Nigerian Electricity Regulatory Commission (NERC) has confirmed the approval of 8.1% electricity tarif rate cut for customers under Band A category for all power distribution...
Lady seeks advice over her boyfriend who’s begging her not to leave or break the news of her pregnancy after she told him she’s pregnant with...
Nigeria’s third wealthiest individual and Chairman of BUA Group, Abdulsamad Rabiu, has seen his net worth climb by $4.3 billion in about five years. This is...
Plateau State has unveiled a drugs and commodities warehouse valued at N590 million as part of the moves to combat the scourge of counterfeit drugs. This...
The Union Oak Farms & Industries Limited has asked the Federal High Court, Abuja, to set aside its interim order allowing the Asset Management Corporation of...
Integrated System and Devices Limited (ISDL), a major provider of electronic security solutions, is delighted to announce the successful attainment of ISO 14001:2015 and ISO 45001:2018...
The Lagos State Government has temporarily shut down The Bay Lounge in Lekki over environmental violations, citing non-compliance with the state’s environmental protection directives. The announcement...
The Ikeja Electricity Distribution Company (IE) announced that it has incorporated 19 new Band A feeders into its network following the recent decrease in electricity rates...
In a heartbreaking turn of events, a Nigerian father mourns the loss of his 9-year-old daughter allegedly due to the malfunctioning of the Access Bank mobile...
The Ibadan Electricity Distribution Company (IBEDC) has commenced reduction in tariff from N225/Kwh to N206.80/Kwh for band A customers in its coverage territory. This review followed...
The Debt Management Office (DMO) has opened the subscription offer for May FGN savings bonds, priced at N1,000 per unit. The two-year savings bond maturing on...
In a groundbreaking achievement, Namibia has emerged as the first country in Africa, and indeed the first high-burden nation globally, to make significant strides towards eliminating...
UPDC Real Estate Investment Trust (REIT) has released its unaudited financial results for Q1 2024. The REIT disclosed a notable net income of N789.5 million, indicating...
The Nigerian Electricity Distribution Company (NERC) has confirmed the reduction of electricity tariffs for Band A customers across the eleven Distribution Companies (DISCOS) in the country....
Young lady weeps bitterly as boyfriend video calls her with his new girlfriend to dump and accuse her of farting during the video call. The heartbroken...
In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at...
The Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has thrown his weight behind plans by telecommunications operators in Nigeria to increase their...
Nigeria has officially signed the Establishment Agreement for the Fund for Export Development in Africa (FEDA), an impactful investment platform managed by the African Export-Import Bank...
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings,...
The president of the Democratic Republic of Congo, Felix Tshisekedi, recently explained why the Eastern influence is outshining the Western influence in Africa rating Russia and...
To mark the 90th anniversary of the British Council holding later in the year, the Council has announced a three-year research partnership with the Institute for...
The Lagos State government has revealed that 80% of buildings around the Ibeju Lekki and Epe corridor do not have government approval. This was made known...
Microsoft has announced that it will cease to provide support services for Windows 10 on October 14, 2025. Windows 10 was released in 2015 and quickly...
Shareholders of Presco Plc will receive a total dividend of N26.300 billion for the financial year ended December 2023, representing a total dividend of N26.30 kobo...
The Ikeja Electricity Distribution Company has announced a reduction in the price of electricity tariff for Band A customers. Naija News reports that Ikeja Electricity Distribution...
Managing Director of UTM Offshore Ltd, Dr. Julius Rone, owners of Nigeria’s first Floating Liquified Natural Gas (FLNG), has won the Oil and Gas Personality Award...
Paramount Global has started negotiation discussions with industry giants, Sony and Apollo Global Management, over acquisition deals. According to reports by the New York Times on...
David Moyes has opened up on how Declan Rice’s move to Arsenal last summer has affected West Ham. Leaving the Hammers less than 12 months ago...
Ikeja Electric Distribution Company (IE) has announced the reduction of its electricity tariff for customers under Band A from N225/kWh to N206.80/kWh. In a circular signed...
Former Vice-President, Atiku Abubakar has called for the release of a journalist with the Foundation for Investigative Journalism (FIJ), Daniel Ojukwu. Naija News understands that Ojukwu...
Separate gas tanker explosions in the last seven days have killed at least 13 people, burnt 130 vehicles, and damaged multiple residences in Rivers, Osun, and...
The latest report from cybersecurity firm Sophos revealed that ransom payments by companies globally hit with ransomware increased by 500% in 2023. According to the “State...
Fidelity Bank released its unaudited financial results for Q1 2024, showing pre-tax profit rose 120.14% to N39.497 billion. In just three months, the bank has already...
Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development...
Data from the National Pension Commission (PenCom) have revealed that Nigeria’s pension fund assets dropped marginally to N19.669 trillion for the period ended 31st March 2024. This...
The cost of tomatoes and peppers could increase in Lagos as the Tomato Crates Dealers Association of Nigeria threatens to cut the supply of tomatoes to...
Ethereum has recorded a significant surge in new wallet creations, adding a staggering 267,000 new wallets to the platform. This recent influx marks the highest number...
Dr. Richard Montgomery, the British High Commissioner to Nigeria, stated that although some international students are prohibited from bringing dependents, those enrolled in PhD programs are...
Operatives of the National Drug Law Enforcement Agency (NDLEA) have smashed an international drug syndicate with operations spanning Nigeria, South Africa, and Thailand. The agency’s two-week...
Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), the umbrella body of players in the cryptocurrency industry, has blamed the rise of peer-to-peer (P2P) crypto trading...
In partnership with Good morning ☀️ The second edition of TechCabal’s Moonshot Conference is set for October 9–11, 2024, at the Eko Convention Centre, Lagos, Nigeria....
The British High Commissioner to Nigeria, Richard Montgomery, has said that trade relations between Nigeria and the United Kingdom (UK) currently stands at about £7 billion....
In April, the global benchmark for food commodity prices ticked upwards, as declines in sugar and dairy products were outweighed by increase in meat prices, vegetable...
There was an outrage over the weekend’s demolition of structures by the Lagos State Government at the Arowojobe and Mende estates in Maryland, Lagos. The state...