Category: News

Nigeria needs budget reforms to sustain economic momentum — Musa

Senator Mohammed Sani Musa, Chairman of Nigeria’s Senate Committee on Finance, has urged swift budgetary...

OmniRetail secures $20m Series A funding to accelerate African expansion

African B2B e-commerce platform OmniRetail has raised $20 million in Series A equity funding, a...

Nigeria begins activation of $1.1b green imperative project

The Presidential Food Systems Coordination Unit announced that implementation structures for the $1.1 billion Green...

NDIC begins N46.6b payout to top depositors of defunct Heritage Bank

The Nigeria Deposit Insurance Corporation has commenced the payment of N46.6 billion as the first...

NACCIMA urges FG to take action urgent against rising poverty

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has called on the...

Instagram’s Edits app records 7m downloads on debut, surpasses CapCut

Meta’s latest release, Instagram Edits, has made a striking entrance into the video editing space,...

Lagos adds 3,941 new parking slots to combat traffic congestion

The Lagos State Government has added 3,941 new parking slots at key locations across the...

CBN raises over ₦1tn at OMO auction amid liquidity surge

The Central Bank of Nigeria raised ₦1.008 trillion at its OMO auction on Friday, April...

Musk’s wealth Jumps $18.2b after Tesla’s strongest gain in months

Elon Musk’s personal fortune jumped by $18.2 billion on Thursday, after Tesla Inc. shares recorded...

FBI arrests US judge over alleged assistance to undocumented immigrant

The Federal Bureau of Investigation arrested a United States judge on Friday for allegedly helping...

WhatsApp, Meta fined $220m for data discrimination 

The Nigeria Competition and Consumer Protection Tribunal has ordered WhatsApp and Meta Platforms Inc. to...

Revolut reports $1bn profit in 2024

Digital banking giant Revolut has posted a record net profit of $1 billion (£790 million)...

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