Blog

BDC operators reject amended CBN licensing guidelines
Finance

Naira shows marginal recovery against dollar Wednesday morning

The Naira began the day with continued fluctuations against the United States Dollar, reflecting the ongoing volatility in the domestic foreign exchange market. As of early trading on Wednesday, April 8, 2026, the exchange rate at the Nigerian Foreign Exchange Market recorded a subtle shift, indicating a slight appreciation for the local currency compared to […]

featured Telecommunications

NCC mandates telcos to pay Nigerians for poor network service

The Nigerian Communications Commission has directed mobile network operators to compensate subscribers affected by prolonged or repeated poor quality of service under a new framework that takes effect from April 2026. The commission said the move was aimed at ensuring accountability in the telecommunications sector. Telcos are now required to identify affected subscribers and provide […]

featured Oil and Gas

US-Iran war: Dangote Refinery’s petrol price hits ₦1,275, diesel ₦1,950

Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery has increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the development to our correspondent on Tuesday night, said […]

Telecommunications

NCC orders telcos to compensate subscribers for poor service

The Nigerian Communications Commission has instructed mobile network operators to compensate subscribers who experience prolonged or recurring poor service quality, under a new framework set to take effect from April 2026. According to the commission, the directive is designed to strengthen accountability within the telecommunications sector. Operators are required to identify affected customers and issue […]

Business

Wireless festival cancelled after Kanye West barred from UK

This year’s Wireless Festival has been called off after headliner Kanye West was barred from entering the United Kingdom. Authorities denied West — now known as Ye — permission to enter the UK following backlash over his scheduled performance at this summer’s London festival. In recent years, the rapper has sparked widespread outrage over a […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic partners Google, Broadcom for additional computing resources

Anthropic said on Monday it has signed a new agreement with Google and Broadcom to secure additional processing power to support its Claude AI models, as demand for its systems continues to surge. The revised arrangement will expand Anthropic’s use of Google Cloud’s tensor processing units, the company’s specialised AI chips, building on an October […]

News

Bill Gates to testify before Epstein probe committee June 10

Billionaire Bill Gates is to testify on June 10 before a congressional committee investigating the late convicted sex offender Jeffrey Epstein and his accomplice Ghislaine Maxwell, a source close to the matter told AFP on Tuesday. The Microsoft co-founder is among the prominent names appearing in documents released by the US Justice Department that revealed […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
featured Travel

44 countries offering Nigerians visa-free access

For Nigerian passport holders looking to explore the world without the hassle of extensive visa fees or long application processes, there is good news. According to recent reports, Nigerian citizens can travel to at least 44 destinations where entry is allowed either visa-free, with a visa on arrival at no extra cost, or via an […]

World

FG presents credence letters to three ambassador-designates

Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, has presented Letters of Credence to three ambassadors-designate, authorising them to represent Nigeria in their respective postings. The recipients are Ambassador Aminu Dalhatu for the United Kingdom, Ambassador Ayodele Oke for France, and Senator Jimoh Ibrahim as Permanent Representative-designate to the United Nations in New York. Presenting […]

Travel

Nigeria, Jamaica face UK visa ban threat from British party

Several African and Caribbean countries, including Nigeria and Jamaica, could face visa restrictions to the United Kingdom if Reform UK wins the next general election. The proposed policy targets nations that formally demand reparations for slavery. As reported by the Daily Mail on Monday, the party’s home affairs spokesperson, Zia Yusuf, defended the plan, saying: […]

NAFDAC cuts licensing fees by 65%
Food

NAFDAC moves to slash excess salt in packaged foods nationwide

The Director-General of the National Agency for Food and Drug Administration and Control, Mojisola Adeyeye, on Tuesday warned Nigerians against excessive sodium consumption, linking it to the rising burden of non-communicable diseases such as hypertension, cardiovascular diseases and stroke. Adeyeye gave the warning during a stakeholders’ engagement on the draft Reduction of Sodium in Pre-Packaged […]