Category: featured

CBN sets two-day cap on contract suspensions during bank resolutions

The Central Bank of Nigeria has issued fresh guidance clarifying how Sections 34(2)(b) and 40(2)...

CBN revokes licences of 46 microfinance banks nationwide over violations

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across...

UN warns rapid AI growth could deepen global inequality

A new United Nations report has warned that the rapid development of artificial intelligence could...

W’Bank grants Nigeria’s $1.25bn loan request despite backlash

The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria...

World Bank to end loans to China by 2031

The World Bank will phase out its lending to China by 2031 under its new...

US drops restrictions on Anthropic’s Mythos, Fable models

The United States has lifted a licensing requirement that required Anthropic to obtain government approval...

Cost of healthy diet rises to ₦1589 in April — NBS

The national average Cost of a Healthy Diet rose by 3.12 per cent month-on-month to...

Domestic airfares rise 20.8% to ₦157,552 in May — NBS

Domestic air travel fares rose by 20.8 per cent year-on-year to N157,552 in May 2026...

Customs agents demand suspension of green tax policy over poor consultation

The Association of Nigerian Licensed Customs Agents has called on the Federal Government to suspend...

WhatsApp to introduce usernames for chats without phone numbers

WhatsApp is set to let people chat without having to reveal their phone number –...

‘I’m not a billionaire’, Nigerian investor reveals in viral interview

The founder of Aruwa Capital Management, Adesuwa Okunbo Rhodes, has dismissed the notion that she...

NGX investors lose ₦2.4tn as profit-taking continues

The Nigerian stock market has sustained profit taking for second consecutive weeks, as investors lost...