Category: featured

Debt servicing exceeded 2025 budget by ₦1.9tn — Budget office

Fresh data released by the Budget Office of the Federation has revealed that the Federal...

Tinubu’s reforms creating stable business environment — Jumia CEO

Chief Executive Officer of Jumia Group, Francis Dufay, has presented a positive assessment of Nigeria’s...

Kidnapping, terrorism in South-West purely business, says ex-minister

Former Minister of Communications, Tajudeen Olanrewaju, has described the ongoing wave of kidnapping and terrorism...

Naira holds firm as dollar trades near ₦1,361/$

The naira maintained a relatively stable performance against the United States dollar at both the...

Beyoncé, Rihanna join Forbes billionaires self-made list

Beyoncé and Rihanna have both secured positions on Forbes 11th annual list of America’s Richest...

Naira trades at ₦1,373/$ at official FX market

The naira traded within a relatively stable range against the United States dollar on Thursday,...

Banks earn ₦209bn from account maintenance charges

Nigerian banks generated a combined N209.18bn from account maintenance charges in the first quarter of...

Cocoa price volatility threatens Africa’s farmers, group warns

The Cocoa and Coffee Farmers Alliance Association of Africa has identified persistent market volatility as...

Global AI usage to consume more electricity than Nigeria, two others — UN

Global data centres are projected to consume almost three times the annual electricity used by...

Gunmen abduct ex-power minister’s sister, twin children in Ibadan

The younger sister of former Minister of Power and All Progressives Congress governorship aspirant in...

Naira strengthens against dollar in official, parallel FX markets

The naira recorded further gains against the United States dollar on Tuesday, appreciating in both...

DisCos generate nearly ₦600bn revenue in Q1 despite power shortages

Electricity Distribution Companies in Nigeria generated approximately N600bn in revenue during the first quarter of...