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 reforms to tackle Nigeria’s pressing social and…
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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 major step in its plan to scale…
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 Imperative Project are now being activated across…
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 tranche of liquidation dividends to depositors of…
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 Federal Government to take urgent and decisive…
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, outpacing rival app CapCut in its opening…
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 state to help tackle traffic congestion. This…
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 25, 2025, after strong investor demand led…
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 their strongest daily gain in months. Tesla…
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 an undocumented immigrant avoid arrest, according to…
WhatsApp, Meta fined $220m for data discrimination
The Nigeria Competition and Consumer Protection Tribunal has ordered WhatsApp and Meta Platforms Inc. to pay a fine of $220 million, along…
Revolut reports $1bn profit in 2024
Digital banking giant Revolut has posted a record net profit of $1 billion (£790 million) for 2024, more than doubling its earnings…