Blog

UK job vacancies drop 23%, signaling economic slowdown
Aviation

UK travelers warned as poland faces heightened security threats

The United Kingdom Foreign, Commonwealth, and Development Office has issued an urgent travel advisory for Poland following rising security risks linked to Russian military activity near the Ukrainian border. The advisory warns British nationals of potential disruptions, including flight cancellations and heightened security measures, and urges travelers to follow official guidance. Poland has temporarily closed […]

Helth

Niger govt partners medical centre to boost healthcare

The Niger State government has signed a partnership agreement with Zenith Kidney and Medical Centre to enhance healthcare delivery in the state. Governor Mohammed Umaru Bago highlighted the partnership’s multifaceted nature, involving knowledge exchange, training, referrals, and consultancy services. According to Governor Bago, the partnership aims to address the brain drain that has negatively impacted […]

Lebanon to sell unlimited US dollars to save crashing pound
Opinion

CITM cautions FG against new borrowing

The Chartered Institute of Treasury Management has cautioned the Federal Government against new borrowing, saying such could plunge the country into debilitating debt. Registrar of CITM, Mr Olumide Adedoyin gave the warning in a statement on Wednesday in Abuja against the backdrop of new borrowing and mounting debt by the federal government. According to him, […]

Trump signs executive order establishing US Bitcoin reserve
Economy

China opposes economic pressure amid US tariff threats

Beijing has criticized the use of “economic pressure” after United States President Donald Trump suggested he would hike tariffs on buyers of Russian oil to stifle Moscow’s funding for its war in Ukraine. Trump proposed broadening tariffs on Russian oil buyers, including China and India, if the European Union takes similar moves. According to a […]

Technology

Nigerian students increasingly depending on AI for assistance — Google

Google Search trend data revealed, on Tuesday, that, as schools reopen throughout Nigeria, students are turning to artificial intelligence with increasing frequency to aid in their studies. Google reported a significant increase of over 200 percent in searches that combine “AI + studying” compared to 2024. This indicates that learners are not just interested in […]

Minister threatens to revoke Kogi-Benin Road contracts
Business

FG reserves NNPCL road contracts below N20bn for indigenous firms

The Federal Government has ordered that all Nigerian National Petroleum Company Limited Tax Credit road projects valued below N20 billion be awarded solely to indigenous contractors, excluding foreign firms from participation. The directive, introduced by the Ministry of Works under its “Nigeria First” initiative, is designed to boost local involvement in infrastructure development. Works Minister […]

Electricity

Berlin blackout enters second day after suspected arson attack

A widespread power outage in Berlin, Germany stretched into a second day on Wednesday, leaving around 20,000 households and businesses without electricity after a suspected arson attack on two pylons. Full restoration is not expected until Thursday evening. The blackout, which initially affected about 50,000 customers in the German capital’s southeast, has disrupted daily operations […]

Opinion

CITM calls for collaboration among Nigerian professional bodies

The Chartered Institute of Treasury Management has called for collaboration among professional bodies to drive the Nigerian economy, rather than divisive comments that undermine others. The CITM registrar and chief executive, Adedoyin Olumide, made the call in a statement on Tuesday in Abuja. This was in response to recent comments attributed to the President of […]

News

Katsina to introduce special allowance for rural area teachers

The Katsina government has disclosed plans to introduce a special allowance package for teachers posted to rural areas. The Commissioner for Basic and Secondary Education, Zainab Musa-Musawa, disclosed at a one-day summit in Katsina on Tuesday. The summit was organised in collaboration with Save the Children International and GoalPrime Nigeria, with funding from Education Cannot […]

International investors remain cautious as Cardoso seeks cash infusions - Report
Banking

CBN gov urges banks to boost diaspora remittances to $1bn

Central Bank of Nigeria Governor, Olayemi Cardoso, yesterday, urged Nigerian banks to intensify support for the apex bank’s efforts to grow Diaspora remittances to $1 billion monthly, describing the inflows as a strategic lever for foreign exchange stability and broader economic transformation. Cardoso, who stated this during the 18th yearly Banking and Finance Conference of […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira rises to N1,525/$ in parallel market

The Naira on Tuesday appreciated to N1,525 per dollar in the parallel market from N1,530 per dollar on Monday. Similarly, the Naira appreciated to N1,506.5 per dollar in the Nigerian Foreign Exchange Market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate of the naira fell to N1,506.5 per dollar […]