Business

NGX gains ₦237.8bn as FUGAZ banking stocks lead

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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

featured

Tinubu okays ₦4tn bond to pay GenCos, gas suppliers

President Bola Tinubu has approved a ₦4 trillion bond to settle verified debts owed to power generation companies and gas suppliers, as part of measures to stabilise Nigeria’s electricity market and restore investor confidence. Minister of Power Adebayo Adelabu announced the approval in Abuja during the Expert Forum on “Uninterrupted Power: The Industrial Imperative” organised […]

Anthropic gives Claude AI power to end conversations
Tech

Claude AI set for massive deployment across Deloitte’s global operations

Deloitte on Monday revealed plans to integrate Anthropic’s AI assistant, Claude, across its global workforce of over 470,000 employees. This initiative marks Anthropic’s largest enterprise deployment to date, expanding on a partnership the firms announced last year. Deloitte, a provider of consulting, tax, and audit services, is among the 300,000 business clients Anthropic has gained […]

Banking

CBN orders banks to submit monthly reports on POS agents

The Central Bank of Nigeria has directed all financial institutions to submit detailed monthly reports on the operations of their Point-of-Sale agents. The directive aims to boost oversight, improve transparency, and reduce risks within Nigeria’s rapidly growing agent banking sector. In a circular signed by Musa Jimoh, Director of the CBN’s Payments System Policy Department, […]

News

NUPENG slams Oshiomhole over comments on Dangote Refinery dispute

The Nigeria Union of Petroleum and Natural Gas Workers on Monday criticized former Nigeria Labour Congress President and Edo North Senator, Adams Oshiomhole, over his remarks on the ongoing industrial dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria and Dangote Refinery management. Speaking on Arise TV on Friday, Oshiomhole condemned PENGASSAN’s […]

Conferences

PHOTOS: Shettima attends NES 31st summit on inclusive economic reforms

Vice President, Senator Kashim Shettima, on Monday, October 6, attended the 31st Nigerian Economic Summit in Abuja, the nation’s capital. The summit also had in attendance top government figures like the Minister of Finance, Wale Edun, and the Minister of Budget and Planning, Atiku Bagudu, alongside captains of industries, members of the National Assembly, and […]

Poland to probe OpenAI over privacy concerns
featured Technology

800m people now use ChatGPT actively every week – OpenAI CEO

OpenAI CEO Sam Altman announced on Monday that ChatGPT has reached 800 million weekly active users, marking a significant increase in adoption among consumers, developers, enterprises, and governments. ChatGPT’s impressive growth comes as OpenAI is in a race to secure AI chips and build extensive AI infrastructure. This latest figure was revealed just two months […]

FG signs €995m deal to boost Nigerian agriculture sector
Agribusiness

FG commits $538m to special agro-industrial projects

The Federal Government has announced a commitment of $538.05 million towards the establishment of Special Agro-Industrial Processing Zones across the country, as part of efforts to transform Nigeria’s food systems and strengthen agricultural productivity. The Minister of Agriculture and Food Security, Abubakar Kyari, made this known on Monday in Abuja at the Community of Practice […]

Investors hit N2trn as stock market records highest since 2008
Business

Stock market plummets over proposed 25% capital gains tax

Nigeria’s capital market is in turmoil following fresh concerns over the impending 25 per cent Capital Gains Tax on share disposals, which is set to take effect in January 2026. The current anxiety stems from new clarifications made by Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, during an engagement organized […]

Business

Fintechs drive N71.5trn transactions in 2024 – NIBBSS

Nigerian Fintechs dominate transaction volumes in the digital payment space while traditional banks focus on translating digital activity into strong revenue growth. According to data from the Nigeria Inter-Bank Settlement System, licensed mobile money operators, including OPay, PalmPay, and Moniepoint, processed a combined N71.5 trillion in transactions in 2024. This figure represents a 53.4 per […]

Opinion

Era of forgery must end, Obi reacts to Tinubu’s minister confession

Former Labour Party’s presidential candidate in 2023, Peter Obi, has warned that certificate forgery risks normalizing crime in Nigeria, following media reports that a minister in President Bola Tinubu’s cabinet admitted he never received a university degree. Obi urged immediate and systemic action, including the prosecution of any official guilty of certificate fraud. He made […]

News

UNN never issued me certificate, Tinubu’s minister confesses

The Minister of Science and Technology, Uche Nnaji, has finally admitted that the University of Nigeria, Nsukka, never gave him a degree certificate, confirming earlier reports that he might have forged his academic credentials. This revelation supports findings from a two-year investigation which had exposed that the documents Nnaji presented to President Bola Tinubu and […]

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