Category: News

One in six Nigerian children face hunger over food inflation – Report

A recent report by Save the Children has projected that approximately one in every six...

FX spot market hit $12.61bn turnover in March – Report

The March turnover in the spot foreign exchange market amounted to $12.61 billion (N19.29 trillion),...

Transcorp eyes diversification to boost revenue

The Managing Director\Chief Executive Officer, Transcorp Hotels Plc, Dupe Olusola, said that the company intends...

FG recovers N57bn from N5.2trn debt owed by MDAs

The Federal Ministry of Finance has made significant strides in the recovery of outstanding debts...

POS transactions reduce by N226bn as currency circulation increases

The first quarter of 2024 witnessed a notable decline in Point-of-Sale transaction values in Nigeria,...

Do these seven things if your phone is hacked

In today’s digital age, where smartphones have become indispensable, falling victim to phone hacking can...

Coca-Cola partners Microsoft for cloud computing

Microsoft on Tuesday, revealed that Coca-Cola has entered into a $1.1 billion five-year agreement to...

EFCC arrests Buhari ex-minister over alleged N8bn Nigeria Air fraud

The Economic and Financial Crimes Commission has arrested the former Minister of Aviation, Hadi Sirika,...

Gay dating app Grindr faces lawsuit for allegedly sharing users’ HIV status

A London-based law firm announced on Monday that it is initiating a mass data protection...

CBN sells dollars to BDCs at N1,021/$ as naira falls

The Central Bank of Nigeria has issued a circular to all Bureau De Change operators,...

NNPCL, partner unlock 12,000bpd production at Awoba Field

The Nigerian National Petroleum Company Limited has partnered with Newcross Exploration and Production Limited to...

GTCO to pay shareholders N94bn dividend for 2023 financial year

Shareholders of Guaranty Trust Holding Company Plc are set to receive a total dividend of...