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Ekiti approves ₦3bn for new high court office

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FG borrowed ₦11.9tn in 31 months, says Oyedele

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Gombe approves ₦148.762m monthly subvention for state university

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Ekiti approves ₦3bn for new high court office complex

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US urges Canada, Mexico to match tariffs on China

United States Treasury Secretary, Scott Bessent, has urged Canada and Mexico to align their trade policies with the United States by imposing matching tariffs on Chinese goods. This proposal comes as a potential strategy for these nations to avoid impending U.S. tariffs of up to 25% on their exports, set to take effect after a […]

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Trump to host first-ever White House crypto summit

United States President, Donald Trump is set to host the White House’s inaugural cryptocurrency summit on March 7, 2025, underscoring his administration’s commitment to the digital asset industry. The White House announced Friday night that President Donald Trump will deliver remarks at the gathering, which will feature prominent crypto founders, CEOs, investors, and members of […]

Naira closes week stronger at N1,534.72/$ 
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Naira strengthens against major currencies, bringing relief to businesses

The naira experienced a notable appreciation against major foreign currencies in the parallel market, marking a positive shift from its previous downward trend and offering relief to businesses and traders. The naira appreciated by 7.41% against the US dollar, improving from ₦1,620/$ to ₦1,540/$ during the month of February. Also, the naira strengthened against the […]

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Moniepoint, Afrigopay partner to expand AfriGO card adoption

Moniepoint Inc has partnered with Afrigopay Financial Services Limited, a subsidiary of the Nigeria Inter-Bank Settlement System to distribute five million AfriGO cards to Nigerians. This initiative aims to enhance the government’s digital payment agenda and accelerate the nationwide adoption of AfriGO, Nigeria’s National Domestic Card Scheme. According to the statement from the two organizations, […]

Nigeria Exchange in decline two weeks in a row
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Investors drive NGX to N4.43trn gain in early 2025

The Nigerian Exchange Limited gained N4.43 trillion in the first two months of 2025 as investors increased their stakes in blue-chip companies amid corporate earnings reports and dividend payouts. The surge in demand for listed stocks was fueled by the Central Bank of Nigeria’s decision to lower interest rates on Treasury bills following a decline […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
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Foreign investors pull out N45.85bn from Nigerian stock market January

Foreign investors withdrew N45.85bn from the Nigerian stock market in January 2025, far exceeding the N25.66bn recorded as inflows. The Nigerian Exchange Domestic and Foreign Portfolio Investment Report showed that foreign outflows made up 64.12% of total foreign transactions, highlighting persistent concerns over declining investor participation despite the naira’s relative stability. The report also showed […]

Air Peace denies alleged safety protocol violations in UK
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Air Peace reschedules flights as bird-strikes ground three planes

Air Peace has announced disruptions to its flight operations after experiencing three bird strikes within a 24-hour period, leading to the grounding of the affected aircraft for safety inspections and maintenance. The airline said it is assisting affected passengers with rescheduling and alternative travel arrangements. This was disclosed in a statement issued on Friday by […]

Microsoft brings OpenAI's free GPT-oss-20b model to Windows
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Microsoft turns off Skype, shifts to Teams in May

Microsoft has announced it will shut down Skype on May 5th, marking the end of an era for the once-dominant video calling platform. The tech giant will transition users to the free consumer version of Microsoft Teams, aiming to consolidate its communication services under one platform. Existing Skype users will be able to log into […]

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Remote US federal workers ordered to relocate to Washington

The United States Office of Personnel Management has directed at least two dozen remote employees to relocate to Washington, D.C., providing them with a nine-day window, until March 7, to make their decision. The OPM emailed remote employees on Wednesday, informing them they must relocate to Washington, D.C., according to sources and emails reviewed by […]

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Ibadan airport to close for six months amid major upgrades

The Director of Public Affairs and Consumer Protection at the Nigerian Civil Aviation Authority, Michael Achimugu, announced that Samuel Ladoke Akintola Airport in Ibadan is scheduled for a six-month closure starting in March 2025 to facilitate essential infrastructure upgrades aimed at enhancing operational safety and efficiency. This was disclosed in a statement by Achimugu via […]

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FG moves to prevent fuel crisis, pay N100bn soon – IPMAN

The Independent Petroleum Marketers Association of Nigeria has announced that the Federal Government has committed to settling outstanding bridging claims and addressing related issues promptly. This development follows IPMAN’s recent threat to suspend services if the Nigerian Midstream and Downstream Petroleum Regulatory Authority did not pay the over N100 billion owed to marketers. This was […]

Meta plans fourth AI overhaul in six months
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Meta to test paid subscription for AI chatbot Meta AI

Meta is set to test a paid subscription service for its AI-powered chatbot, Meta AI, later this year — a move mirroring similar offerings by OpenAI and Microsoft, a source familiar with the matter told Reuters on Thursday. The test is expected to begin in the second quarter of 2025, though the source noted the […]

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