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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

NAFEM turnover hits $1.41bn, highest in weeks

  • 18th August 2026

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Christ Embassy enters vehicle market, unveils electric cars

Business

BudgIT urges FG not to dismiss US transparency report

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Naira holds steady at ₦1,350/$ in official FX market

Finance

Federal, states, LGs share ₦3.007trn July FAAC

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FG can’t impose taxes on Nigerians without raising income – Senator Ndume

Senator Ali Ndume has faulted the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria, saying that the Federal Government cannot continue to impose levies on Nigerians without increasing their income. This was disclosed by Senator Ndume during a live appearance on Channels Television on Friday. Ndume emphasized the introduction of the cybersecurity […]

Minister threatens to revoke Kogi-Benin Road contracts
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Lagos-Calabar: Umahi to livestream Reps panel probe

The Minister of Works, Senator David Umahi, has said he is willing to face the House of Representatives probe panel over the controversy surrounding the N15tn Lagos-Calabar Coastal Highway road project. Umahi added that he would ensure the exercise was carried out live on television for all Nigerians to see. The minister emphasized there was […]

IMF lowers 2024 growth projections for Nigeria
News

IMF urge Nigeria to regulate Crypto trading platforms

The International Monetary Fund has urged the Nigerian government to direct global crypto trading platforms to register or obtain licences before operating in the country. This was disclosed by the Fund in the Article IV Staff Consultation Report of the Board of Governors of the global organization, published in Washington on Thursday, according to Channels […]

Apple signals major AI spending shift, open to big acquisitions
News

Apple tenders apology over iPad Pro ad after backlash

Apple issued an apology on Thursday following backlash over an advertisement promoting its latest iPad Pro model, the Ad Age magazine reported. The ad, titled “Crush,” came under fire for depicting animated musical instruments and other symbols of creativity being crushed by an industrial crusher. “We missed the mark with this video, and we’re sorry,” […]

Banking

Olufowose appointed as new Chairman of First Bank board

First Bank Nigeria Limited has appointed Ebenezer Olufowose to succeed Tunde Hassan-Odukale as the chairman of the board of the bank. This was disclosed by the bank in the notice filed with the Nigerian Exchange Group on Thursday. Odukale’s departure marks the end of his 12 years of service on the board, which corresponds to […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
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NCC partners Nokia to train Nigerians on 4G/5G technology

In a bid to equip young Nigerians with cutting-edge telecommunications skills, the Nigerian Communications Commission has inked a significant Memorandum of Understanding with Nokia Solutions and Networks Nigeria. This collaboration aims to provide comprehensive training on the latest 4G/5G radio and transmission technologies. The Executive Vice Chairman of the NCC, Dr. Aminu Maina, unveiled this […]

Spotify launches custom transitions to enhance playlists
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Spotify pays Nigerian artists N25b royalties

Music streaming platform, Spotify, has unveiled that it disbursed over N25 billion in streaming royalties to Nigerian artists throughout 2023. This significant disclosure was made within the pages of its annual Loud & Clear report, a comprehensive analysis focusing on the Nigerian music market. According to Spotify’s report, the earnings for Nigerian artists in 2023 […]

Samsung issues update for Galaxy users' security
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Samsung issues update for Galaxy users’ security

Samsung, the tech giant renowned for its innovative devices, has issued a crucial update for its flagship smartphones, emphasizing the installation of two “critical” security fixes. Among these fixes, one is notably overdue and necessitates urgent installation. The belated critical fix, initially part of Google’s April security release, addresses a Qualcomm modem issue that could […]

News

AMEX unveils Nigeria’s first business card

O3 Capital, a leading Nigerian fintech and the country’s first non-bank credit card issuer has announced a partnership with American Express to issue business credit cards in Nigeria, potentially improving access to dollars in the country. O3 Capital said the firm has partnered to issue four new American Express credit cards: the O3 American Express […]

Nigeria's FX reserves hits $32.3bn, rises by $262m
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Nigeria’s FX reserves hits $32.3bn, rises by $262m

Nigeria’s foreign exchange reserves have surged to $32.369 billion as of May 6, 2024, marking a significant rebound from a recent one-month decline that saw reserves dip to $32.107 billion. According to the latest report from the Central Bank of Nigeria (CBN), the country’s foreign reserves experienced a commendable increase of $262 million after weeks […]

Binance opens crypto trading to Syrians after US lifts sanctions
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Canada fines Binance $4.38m for money laundering

Canada’s anti-money laundering agency announced on Thursday that it had imposed a hefty fine of nearly C$6 million ($4.38 million) on cryptocurrency exchange Binance for breaching money laundering and terrorist financing laws. The Financial Transactions and Reports Analysis Centre of Canada revealed that Binance had failed to register as a foreign money services business with […]

Dell reports data breach, assures customers of limited impact
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Dell reports data breach, assures customers of limited impact

Technology giant Dell informed its customers on Thursday of a data breach involving customer names and physical addresses. Dell disclosed that it was investigating an incident concerning a Dell portal housing a database containing select customer information related to purchases, TechCrunch reported. The breached data encompassed customer names, physical addresses, as well as Dell hardware […]

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