New NNPC board urges patience amid oil sector reforms
Musa Kida, the new non-executive Chairman of the Nigeria National Petroleum Corporation Limited, has called on Nigerians to be patient as the…
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Lagos ranked world’s fastest-growing tech city in 2025
Lagos, Nigeria, has been crowned the world’s fastest-growing tech ecosystem for 2025, according to the Global Tech Ecosystem Index 2025 report released…
Telcos face 33 network outages in May
Nigeria’s telecommunications industry faced significant disruptions in May, with 33 major network outages reported across the country, driven by vandalism, fibre-optic cable…
Marks & Spencer faces £300m loss after cyberattack
Marks & Spencer has announced that a significant cyber attack on its online systems will continue to disrupt digital services until at…
CBN retains MPR at 27.5% for second time in 2025
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 27.50% for the second time…
Nigerian banking sector remain safe, CBN dismisses distress report
The Central Bank of Nigeria has confirmed the stability and safety of the country’s banking sector amid circulating unverified social media reports…
UK legal aid hit by cyber attack, personal data compromised
The United Kingdom’s Legal Aid Agency disclosed a major cyber attack on Monday, revealing that a “significant” volume of personal data, including…
CBN cuts FG loans by over N4tn
The Central Bank of Nigeria experienced a significant decline of N4.145 trillion in net loans and receivables in 2024, mainly due to…
Warri, P’Harcourt refineries not producing petrol optimally – DAPPMAN
The Depot and Petroleum Products Marketers Association of Nigeria has stated that its members currently rely solely on the Dangote Petroleum Refinery…
Nigeria’s exports to US fall over 20% in Q1 – Report
Nigeria’s exports to the United States dropped by over 20% in the first quarter of 2025, according to a new report from…
DMO raises N4.28bn from FGN savings bonds in May
The Debt Management Office announced the results of the Federal Government Savings Bonds auction for May 2025, allotting a total of N4.28…
Shell pays $5.34bn to FG in 2024, highest globally
Shell Plc paid $5.34 billion to the Nigerian government in 2024, making it the largest payment the company made to any government…