FAAC Distributes N2.2 Trillion August 2025 Revenue to FG, States and LGs
The Federation Account Allocation Committee (FAAC) on Wednesday announced that the Federal Government, states, and local government councils shared a…
Day: September 18, 2025
Olisa Agbakoba Urges Nigerian Government to Build Sustainable Business Environment for Private Sector Growth
Former Nigerian Bar Association (NBA) President and maritime law expert, Dr. Olisa Agbakoba, has called on the federal government to…
Expert Champions Ethical Procurement, Sustainable Growth
The just-concluded IFMA Global Africa Conference 2025 in Lagos gathered facility-management leaders, policymakers, and innovators from across the continent to…
Aderonke Atoyebi Urges African Leaders to Explain How Tax Revenues Are Spent
The Technical Assistant to the Executive Chairman of the Federal Inland Revenue Service (FIRS) on Broadcast Media, Arabinrin Aderonke Atoyebi,…
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August, Reversing Gains from June and July
Nigeria’s crude oil production slipped below its OPEC quota in August 2025, reversing two months of gains that had briefly…
Nigerian Businesses Lead the World in Responsible AI Adoption and Privacy Protection – Zoho Study
Nigerian companies are emerging as global frontrunners in combining cutting-edge artificial intelligence (AI) with robust privacy protections, according to new…
Meta Launches Ray-Ban Display Smart Glasses With Built-In Screen and Neural Wristband Controller
Meta has officially stepped up its wearable tech game, introducing the Ray-Ban Display smart glasses at its annual Meta Connect…
CSCS Records ₦2.1 Trillion Transactions in Four Months, Plans T+2 Settlement to Boost Market Efficiency
The Central Securities Clearing System (CSCS) has announced a major surge in trading activity, recording securities transactions worth ₦2.112 trillion…
European Stocks Climb as Traders React to U.S. Fed Rate Cut and Await Bank of England Decision
European shares opened higher on Thursday morning as investors digested the U.S. Federal Reserve’s latest interest rate cut and braced…
NCR Nigeria Stock Soars 31% in September as Half-Year Profit Signals Major Turnaround
NCR (Nigeria) Plc shares have surged by over 31% so far in September, climbing to ₦15.20 as investors respond to…
DAPPMAN Refutes Dangote Refinery Claims, Attributes Petrol Price Drop to Naira Strength and Global Oil Trends
Nigeria’s Depot and Petroleum Products Marketers Association (DAPPMAN) has pushed back against the Dangote Refinery and Petrochemicals Company, rejecting claims…
Nigerian Stock Market Gains N309bn in One Day as Investor Confidence Rises
The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed…
Google to Launch Four Africa Infrastructure Hubs to Boost Subsea Cable Connectivity
Google has announced plans to establish four new infrastructure hubs across Africa, aiming to connect its latest subsea fibre-optic cables…
Ghana’s Central Bank Slashes Record 350bps as Inflation Eases, Economy Shows Strong Growth
Ghana’s central bank stunned markets on Wednesday by delivering its largest-ever policy rate cut, reducing the main lending rate by…
Microsoft Shuts Down Nigerian-Led RaccoonO365 Phishing Network, Seizes 338 Fake Domains
Microsoft’s Digital Crimes Unit (DCU) has successfully dismantled a major phishing network led by a Nigerian individual, seizing 338 fake…
Naira Slips N9.88 Against Dollar Despite Rising External Reserves: Experts See Medium-Term Stability
The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even as…
38 Million Google Play Downloads Linked to Massive Global Ad Fraud Scheme – SlopAds Exposed
Security researchers have uncovered one of the largest mobile ad fraud operations in recent years, involving 224 apps on the…
Ghana’s Mobile Money Transactions Hit GHC354.1 Billion in August as Digital Payments Surge
Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in August 2025, according to the latest…
Nigeria Disburses N330 Billion to 8.1 Million Households Under Social Safety Net Program
The Federal Government has disbursed N330 billion to 8.1 million households nationwide under the National Social Safety Net Programme (NSSNP),…
Nigeria’s Inflation Set to Drop to 17% by Year-End, IMPI Projects Economic Relief
The Independent Media and Policy Initiative (IMPI) has forecasted a significant drop in Nigeria’s inflation rate, projecting it to reach…