Category: News

NiMet workers to begin indefinite strike Tuesday over unmet demands

Workers at the Nigerian Meteorological Agency have announced an indefinite strike starting today, April 22,...

Saying ‘Please,’ ‘Thank you,’ to ChatGPT costs OpenAI millions, Altman laments

A simple question posed on X (formerly Twitter) has sparked a curious debate about digital...

US sues Uber over alleged deceptive subscription practices

The United States Federal Trade Commission has filed a lawsuit against Uber Technologies Inc., accusing...

Nigeria’s money supply hits ₦114.22tn in March

Nigeria’s broad money supply surged to ₦114.22 trillion in March 2025, according to the latest...

Huawei begins mass shipments of 910C chips as US curbs bite

Huawei Technologies is preparing to ramp up mass shipments of its latest 910C artificial intelligence...

Currency outside banks hit ₦4.6trn in March – CBN

The total value of currency held outside Nigeria’s banking system in March rose to ₦4.6...

China vows retaliation against countries backing US isolation efforts

China warned on Monday that it would take retaliatory actions against countries that align with...

FG engages banks, investors for $23.2bn power access plan

The Federal Government of Nigeria is engaging with commercial banks and private investors to raise...

Cardoso reassures investors of macroeconomic stability, confidence

The Central Bank of Nigeria Governor, Olayemi Cardoso, has reassured international investors that ongoing reforms...

CBN launches mystery shopping for BDC compliance with anti-laundry rules

The Central Bank of Nigeria has launched mystery shopping exercises at Bureau De Change outlets...

CBN’s secret shoppers to monitor BDCs for compliance

The Central Bank of Nigeria has announced plans to introduce a secret shopper programme to...

First Holdco records highest profit in 12 years, posts N663.4bn in 2024

First Holdco, the parent company of Nigeria’s oldest financial institution, First Bank, has reported its...