Techstars CEO Maëlle Gavet Steps Down Due to Health Reasons
Techstars CEO Maëlle Gavet announced her resignation from the company, effective at the end of May, citing health…
BoI Disburses N496bn To MSMEs, Creates 2m Jobs
Nigeria's Bank of Industry (BoI) defied economic downturn by disbursing N496 billion to bolster Micro, Small and…
Jaiz Bank Posts N11bn Profit Before Tax
Jaiz Bank Plc announced impressive financial results for 2023 and the first quarter of 2024. Their profit before…
Azura Power Launches 20kW Solar System To Commemorate Children’s Day
Azura Power West Africa is bringing the light of education to the Knosk Charity School in Kuje with a 20 kW solar…
AIMAN Seeks Review Of 50% IGR Deduction From Aviation Agencies
The Aeronautical Information Management Association of Nigeria (AIMAN) is lobbying for the Nigerian Airspace…
Turkish Airlines sacks 7 Nigerian staff over $600,000 ticket racketeering
Turkish Airlines fired seven Nigerian staff members for allegedly costing the airline over $600,000 through…
Nigerian Treasury Bill Rates Unresponsive to CBN Interest Hike
Despite a recent hike in interest rates by Nigeria's Central Bank, rates on one-year treasury bills remained…
Nigeria’s $1trn transactions to get new AI-based defence
Nigeria is stepping up its fight against financial fraud as the volume of electronic transactions explodes. With…
Naira Holds Steady Against Dollar Despite CBN Rate Hike
The Nigerian Naira remained stable against the dollar at the official foreign exchange market on Wednesday, even…
Diesel price rises 68% to N1,415.06/ltr
The cost of diesel fuel in Nigeria has jumped dramatically, with a year-on-year increase of 68% to N1,415.06 per…
Microsoft’s AI Deal with UAE Raises Security Concerns, Lawmakers Seek More…
Microsoft's deal with G42, a UAE-backed AI company, is raising eyebrows over potential national security risks.…
Stocks catch a ride higher with Nvidia; investors cautious over rates
Global stock markets saw a modest rise on Thursday, fueled by a strong performance from tech giant Nvidia.…
Japan’s Factory Activity Shows Signs of Life After Months of Slump
Positive news for Japan's economy as factory activity finally expanded for the first time in a year. The au Jibun…
Quadrant MSL COO Retires
Quadrant MSL, a strategic communications firm, is saying goodbye to their COO and Head of Business, Oluwarantimi…
ACMPN to Induct new members at the 2024 Mental Health Awareness Week
The Association for Counsellors Matchmaking & Psychotherapy of Nigeria (ACMPN) is holding a special event from…
Fidelity Bank chair to earn N60m per annum
Big Pay Day for Fidelity Bank BossesFidelity Bank shareholders just voted to give their chairman a big raise! The…
Operators kick as FRSC plans prosecution of reckless drivers
Taxi drivers in Nigeria are unhappy about a new government plan to punish reckless drivers with jail time. They…
World Bank Approves $750 Million for Mini-Grids
Great news for Nigerians living in rural areas! The World Bank just approved a $750 million loan to build 1,200…
Naira slide pushes Dangote diesel to N1,100/litre
The price of diesel from the Dangote Refinery has jumped! It went from N940 per litre in April to N1,100 per litre…
Minimum wage: FG, Labour talks deadlocked, NLC defends N615,000 demand
There are several important stories making the news in Nigeria today. The biggest one is that talks between the…
CBN Raises Interest Rate to 26.25%
The Central Bank of Nigeria (CBN) just announced a rise in interest rates to 26.25%. This means it will be more…
Big Meeting Planned Between Korea and Africa!
There's a big meeting planned between Korea and Africa in early June! This summit is a chance for these two…
Ministry of Marine and Blue Economy set to Harness the Atlantic Ocean
Nigeria has a long coastline on the Atlantic Ocean, packed with resources and potential. To take full advantage of…
Stanbic IBTC Holdings Plans to Raise N550 Billion in New Capital
Shareholders of Stanbic IBTC Holdings Plc have approved a plan to raise N550 billion in new capital. The company…
CBN Faces Tough Choices On Interest Rate, Inflation, Others
The Central Bank of Nigeria (CBN) is at a crossroads, deciding whether to continue raising the benchmark interest…
Foreign Reserves Build Up Despite Naira Volatility
Nigeria's foreign exchange reserves have shown a steady recovery, adding $195.01 million to reach $32.64 billion…
Iranian President Ebrahim Raisi Dies in Helicopter Crash
Iranian President Ebrahim Raisi died in a helicopter crash, according to the Islamic Republic News Agency. The…
CBN Withdraws Circular on Cybersecurity Levy Collection
The Central Bank of Nigeria (CBN) has retracted its directive that mandated banks and payment service providers…
Afreximbank Reports Net Interest Income Up to 31.73% in Q1
The African Export-Import Bank (Afreximbank) has released its financial results for the first quarter of 2024. Net…
MTN Nigeria CEO Defends Board of Directors’ Remuneration
MTN Nigeria's CEO, Karl Toriola, has defended the remuneration of the company's Board of Directors despite the…