Category: featured

Naira gains strength as parallel FX rate hits ₦1,388/$

The Naira on Wednesday appreciated to N1,388 per dollar in the parallel market from N1,395...

Ex-power minister Mamman sentenced to 70 years for fraud

A Federal High Court in Abuja has sentenced former Minister of Power, Saleh Mamman, to...

Nigeria can no longer rely on borrowing for development – Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Tuesday said...

Netflix sued in US for spying on children, other users

Netflix has been sued in Texas over claims it collects data belonging to children and...

Petrol consumption rises despite pump price hike in April — NMDPRA

Despite an increase in the pump price of Premium Motor Spirit, also known as petrol,...

NNPCL, NUPRC remit over ₦322bn, $116.9m to federation account

The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission remitted over...

Parallel FX market hits ₦1,410/$ as naira fluctuates

The naira traded with slight fluctuations against the United States dollar on Tuesday, May 12,...

I earned ₦160,000 monthly on ‘Who Wants to be a Millionaire?’ — Edoho

Veteran TV host Frank Edoho has opened up about the modest salary he earned during...

FG seeks fresh $1.25bn World Bank loan for reforms, jobs

The Federal Government is in advanced discussions with the World Bank over a proposed $1.25bn...

Hackers now use AI to detect software weaknesses – Google

Hackers linked to a major cybercrime group reportedly used artificial intelligence to identify a previously...

Nigeria’s external reserves drop $855m in five weeks

Nigeria’s external reserves declined by approximately $855 million within five weeks, falling from $49.18 billion...

FUGAZ banks report ₦2.365trn bad loans in 2025

Five listed Nigerian Tier-1 banks, also known as FUGAZ have released their full-year audited 2025...