Business

CBN calls for wider adoption of digital payment

  • 21st August 2026

EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

Former Asia’s richest man sentenced to life in

  • 20th August 2026

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CBN calls for wider adoption of digital payment channels

Business

I earn ₦503,000 monthly, permanent secretaries get ₦900,000 —

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Microsoft warns Africa risks becoming AI consumer

Tech

Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn

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Gold prices crash to two-month low amid US-Iran war

Spot gold has fallen to a two-month low, testing a significant technical floor at its 200-day Simple Moving Average. A clear break below this $4,395–$4,400 structural zone could reveal more declines toward earlier consolidation pockets. Gold has dropped about two per cent to 3.5 per cent in Naira terms over the past month, reflecting the […]

Investment

North-East Nigeria tops AfDB’s projects while South-East lags behind

The North-East emerged as the biggest clearly identifiable regional beneficiary of African Development Bank-backed projects in Nigeria, while South-East infrastructure projects lagged in disbursement despite lean approvals. This is according to the AfDB’s 2025 Country Portfolio Performance Review for Nigeria, which assessed the bank’s project performance, disbursement trends and implementation challenges as of December 2025. […]

News

Taraba gov recalls 3,187 ghost workers, approves 1,500 new hires

Governor Agbu Kefas of Taraba State has approved the reinstatement of 3,187 civil servants earlier dismissed after being labelled ghost workers. The governor also approved the recruitment of an additional 1,500 civil servants into the state workforce. Vanguard reported that the commissioner for Information, Zainab Usman Jalingo, disclosed this on Thursday while briefing journalists after […]

Life Style

BUA founder Rabiu’s net worth hits $18.7bn on NGX gains

Nigerian industrialist and founder of BUA Group, Abdulsamad Rabiu, has seen his net worth climb sharply to nearly $19 billion, driven by sustained gains in his listed holdings on the Nigerian Exchange and improved earnings performance across his cement and food subsidiaries. Latest estimates put Rabiu’s fortune at approximately $18.7 billion as of May 28, […]

Telecommunications

Telecom operators introduce data calculator to boost subscriber trust — Report

Mobile Network Operators in Nigeria are now taking bold moves to address the perennial complaints of telecom subscribers over data depletion by coming up with transparency tools. Nairametrics reported that according to sources from the industry, one of the tools being considered by operators is called “data calculator” that can show subscribers how their data […]

Economy

Nigeria’s 2025 Q3 expenditure fell 41.57% below target

Nigeria’s total expenditure fell 41.57 per cent below its prorated quarterly budget target to N8.03 trillion in the third quarter of 2025. This is according to the Federal Government’s 2025 third quarter Budget Implementation Report, published by the Budget Office of the Federation, which releases quarterly budget implementation reports. However, the figure was N0.39 trillion, […]

Business

Oura launches Ring 5, world’s smallest smart ring

Finnish-American smart ring maker Oura Health has unveiled its latest device, the Ring 5, as the company accelerates product innovation ahead of a widely anticipated initial public offering later this year. The company, known for popularising the smart ring category and attracting a strong following among celebrities and athletes, said the new model is its […]

Business

Telcos respond to data depletion concerns with new monitoring tools

Mobile Network Operators in Nigeria are taking new steps to tackle long-standing complaints from subscribers about rapid data depletion by introducing greater transparency tools. Industry sources say one of the proposed solutions is a “data calculator” that would allow users to track how their data is consumed on a daily basis, according to Nairameteics. Operators […]

Tech

Google engineer accused of using insider data to rig Polymarket bets

The United States Department of Justice has charged a Google software engineer with allegedly using confidential insider information to place bets on prediction market Polymarket, earning about $1.2 million in profits, according to a complaint unsealed on Wednesday. Michele Spagnuolo, a 36-year-old Italian national, is accused of exploiting non-public information to wager on outcomes linked […]

Tech

AI could help EU banks cut jobs by 20% – Report

Morgan Stanley analysts say the rapid adoption of artificial intelligence could allow European banks to cut their workforce by up to 20% in the “shorter term.” In a research note released on Thursday, analysts including Giulia Miotto estimated that AI could drive productivity gains of around 30 per cent. They added that this efficiency boost […]

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