Business

US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

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FCCPC threatens actions against businesses over mislabelled consumer goods

Policy and Regulations

AI startup Cursor launches Origin code-hosting platform to rival

Tech

Martial arts performing robot maker Unitree’s shares surge over

Tech

TikTok plans peer-to-peer payments via direct messages

Tech

Blog

Crypto

Top ten cryptocurrency exchanges in the world

Alex Omenye The cryptocurrency exchange industry is undergoing a shift towards transparency and compliance, driven in part by the recent legal actions against former industry leaders Sam Bankman-Fried and Changpeng Zhao. The rise in the price of bitcoin, now trading at $61,568, has also facilitated this transformation, fueled by the influx of funds into U.S. […]

News

Nigerdock, G4S partner to boost security of Snake Island Port

Nigerdock has partnered with G4S, the world’s largest Integrated Security Service Provider to upgrade and manage security equipment at Snake Island Port and in the EEZ. This follows a robust security review by Nigerdock to improve security in a significantly integrated economic hub through world-class risk assessments, mitigation strategies, and 24-hour security management, due to […]

News

Atiku tells FG to halt N20tn pension fund deployment for infrastructure

The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has called for immediate suspension of the federal government’s plan to use the N20 trillion Pension Fund on infrastructure development. This follows the disclosure of the Finance and Coordinating Minister of Economy, Wale Edun to the State House reporters in a two-day Federal Executive Council […]

Instagram enhances safety features to combat sextortion
Tech

Instagram co-founder Mike Krieger joins Anthropic as product boss

Artificial intelligence startup Anthropic announced on Wednesday that Instagram co-founder Mike Krieger has joined the company as its chief product officer. In this role, Krieger will be responsible for overseeing product engineering, management, and design efforts, with a focus on expanding the reach of Anthropic’s AI chatbot Claude. Anthropic, backed by major investors like Amazon.com […]

News

Nigeria recorded $282.61m diaspora remittance in Q1 2024

Nigeria recorded $282.61m in diaspora remittance in Q1 2024. Nigeria recorded a total direct foreign exchange remittance of $282.61 million in the first quarter of 2024. The figure shows a decline of $18.96 million or 6.28% when compared to $301.57 million diaspora remittances obtained in Q1 2023, according to the Central Bank of Nigeria data […]

News

NLC rejects FG’s N48,000 minimum wage proposal

Organised labour has rejected the proposed N48,000 by the federal government as minimum wage for public service workers. The federal government’s position was presented to labour at the resumed tripartite committee meeting on Wednesday, May 15, according to the Nation. The Nigeria Labour Congress and Trade Union Congress of Nigeria walked out of the meeting […]

Economy

Nigeria inflation hits 33.69% in April 2024 – NBS

The National Bureau of Statistics has said the headline inflation increased to an all-time high of 33.69 % in April 2024. This was disclosed by NBS’s Consumer Price Index report released on Wednesday. NBS attributed the increase to the high cost of food and non-alcoholic beverages. According to the NBS, food and non-alcoholic beverages contributed […]

First Bank lays off 100 senior staff in restructuring move
News

First Bank manager steals N650m from 35 customers

Alex omenye A bank manager from a branch of First Bank in Osogbo, Mr. Adeniyi Talabi, has been apprehended by the Osun State Police Command on Tuesday. The allegation against him is the embezzlement of a staggering N650 million belonging to 35 bank customers. According to the command’s spokesperson, Yemisi Opalola, the suspect supposedly carried […]

Emefiele gets N300M bail in N18.96bn note printing case
News

Emefiele gets N300M bail in N18.96bn note printing case

The suspended governor of the Central Bank of Nigeria, Godwin Emefiele, has been granted bail of N300 million in the case concerning the alleged unlawful printing of naira notes. He entered a plea of not guilty before the Federal Capital Territory High Court in Maitama, Abuja, on Wednesday. The Economic and Financial Crimes Commission brought […]

News

NUPRC assures investors of presidential backing for oil blocks

The Nigerian Upstream Petroleum Regulatory Commission said it has received presidential approval to remove all entry barriers to the licensing round including reducing the entry fee to the barest minimum. This was disclosed by the NUPRC boss, Gbenga Komolafe at the Miami International Roadshow for the 2024 licensing round hosted by the NUPRC in collaboration […]

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