Business

NPA retirees threaten nationwide protest over 16 years

  • 20th April 2026

Hormuz vessel traffic slumps after brief weekend surge

  • 19th April 2026

FG borrows N100bn from unclaimed dividends

  • 19th April 2026

New mini-grid rules will unlock renewable energy expansion

  • 19th April 2026

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Naira closes week stronger at N1,534.72/$ 

Naira strengthens to ₦1,348/$ amid US-Iran war uncertainties

featured Finance

NPA retirees threaten nationwide protest over 16 years unpaid

Business
Anthropic counters OpenAI with $1 AI offer to government branches

US deploys Anthropic AI tool despite Pentagon risk concern

Tech
Jeff Bezos' Blue Origin to lay off 10% workforce

Blue Origin’s New Glenn misplaces customer satellite during third

Tech

Blog

CBN fines banks N1m daily over refusal of new naira
Banking featured

CBN fines banks N1m daily over refusal of new naira

Wilson Adekumola   The Central Bank Of Nigeria has said that any commercial bank that failed to comply with the newly redesigned naira notes in terms of picking up for distribution will incur charges of million naira per day. The Deputy Director on Research, Osun State Bracnch, Adeleke Adelokun made this known during the sensitization […]

Business

New FTX CEO plans to revive crypto company

Alex Omenye   FTX’s new chief executive, John Ray, is looking into the possibility of reviving the platform.     John told Wall Street Journal that he has set up a taskforce to explore the restarting FTX.com to “recover more value” for those who lost their money when the company filed for bankruptcy in November […]

News

Buhari regime lifts ban on charcoal, wood exportation

  The Federal Government on Thursday announced that the ban on the exportation wood and charcoal has been lifted. The Minister of Environment, Muhammed Abdullahi, said this during a stakeholders consultative meeting in Abuja on the review of the ban on charcoal and suspension of the export of processed wood and other allied products. The […]

Group backs sale of NNPC
Policy and Regulations

NNPCL PMS pump price rises above N184/ltr

The Nigerian National Petroleum Company Limited, on Thursday, increased the pump price of Premium Motor Spirit at its filling stations in Abuja to N194 per litre from N179 per litre.   Leadership reported that, in Lagos, NNPC filling stations visited displayed N184 per litre for PMS.   This development is coming after weeks of petrol […]

Business

Netflix co-founder resigns, company hits 230m subscribers

Christian George   Netflix co-founder and co-CEO, Reed Hastings, is stepping down after piloting the affairs of the company for about two decades.   This is just as the streaming giant announced that its number of subscribers peaked to 230 million in 2022.   The news about Hastings’ resignation was made available on the company’s […]

Agribusiness

FG gives new rice, other crops to farmers

    Wilson Adekumola   The Federal Government has given new rice and other crop varieties to reinforce its commitment to boost food production in the country. According to the News Agency of Nigeria, the new rice variety known as FAR068 and other crop varieties were released to the committee of farmers during the 31st […]

News

Sun Cable: World’s largest renewable energy project up for sale

Sun Cable, a Singapore-based company, in charge of the world’s largest solar energy infrastructure projects will go up for sale this January. The project was said to have collapsed over the clash between its two billionaires investors. According to Financial Times, the project has been placed into voluntary administration because of the disagreement between the […]

UK predicts rapid fall in inflation rate
featured News

UK predicts rapid fall in inflation rate

The Bank of England Governor, Andrew Bailey, has said that there would be a likely rapid fall in inflation this year as the prices of energy declines. While he spoke to Media Wales, Mr Andrew said that the recently experienced ease of inflation could be a positive sign that “a corner has been turned”. The […]

Naira to fall N500 against dollar - NESG
Uncategorized

Naira to fall N500 against dollar – NESG

Oluwanifemi Ojo The Nigerian Economic Summit Group has predicted that the Nigerian naira will slip further to N500 against the US dollar on the Investors & Exporters FX window. According to the NESG’s 2023 macroeconomic outlook report, the country’s external reserves are estimated to fall by 0.62% from $37.21 billion as of January 17, 2023, […]

Business

Netflix loses 39,451 Nigerians over naira card restriction

American subscription video on-demand over-the-top streaming service and production company, Netflix, said it recorded a loss of 39,451 Nigerian users in 40 days.   The online streaming service platform said this was due to the suspension of international transaction on Naira Cards by Nigerian commercial banks.   Recall that, many Nigerian commercial banks have suspended […]

Banking featured

How to make cardless ATM withdrawal at Fidelity Bank

Oluwanifemi Ojo   Customers of Fidelity Bank can now withdraw cash from the banks Automated Teller Machines across the country without using their ATM cards. The bank made this known while announcing its cardless withdrawal service. “The #FidelityPaycode cardless withdrawal feature is now available on all our ATM terminals. “Now there’s no need to worry […]

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