Central Bank of Nigeria Imposes N1.35 Billion Fine on 10 Banks
In a significant move, the Central Bank of Nigeria (CBN) has imposed a fine of N1.35 billion on 10 commercial...
Business
TikTok US Sales to Elon Musk: Fact or Fiction?
Rumors have been circulating about a potential sale of TikTok's US operations to Elon Musk. According to recent reports, Chinese...
Africa’s Biggest Banks in 2025: A Look at the Continent’s Financial Powerhouses
As we delve into 2025, Africa's banking sector is poised for significant growth, driven by increasing financial inclusion, technological advancements,...
TESLA CYBERTRUCK SURVIVES ATTACK, WILL BE BACK ON THE ROAD SOON
In a shocking turn of events, a Tesla Cybertruck was recently involved in a violent attack, but fortunately, the vehicle's...
NIGERIANS CAN NOW APPLY FOR ELECTRONIC VISA TO THAILAND FROM COMFORT OF THEIR HOMES
In a significant development, the Royal Thai Embassy in Nigeria has announced that Nigerians can now apply for electronic visas...
ACCESS BANK PLC MAKES HISTORY, EXCEEDS CBN’S N500BN REGULATORY THRESHOLD
In a groundbreaking achievement, Access Bank Plc has become the first Nigerian bank to exceed the Central Bank of Nigeria's...
CBN FINES OPAY, MONIEPOINT N1 BILLION EACH FOR REGULATORY MISCONDUCT
The Central Bank of Nigeria (CBN) has imposed a fine of N1 billion each on Opay and Moniepoint for regulatory...
NAIRA RISES, EXCHANGE RATE NOW 1 USD = 1,560 NGN
The Nigerian Naira has strengthened against the US Dollar, with the current exchange rate standing at 1 USD = 1,560...
America’s biggest private company is laying off thousands of workers
Cargill, the megasized Minnesota-based food production giant, is laying off about 5% of its global workforce as food commodity prices...
Nigeria, France Sign MoU to Develop Mineral Value Chain in Both Countries
In a significant move to boost the solid minerals sector, Nigeria and France have signed a Memorandum of Understanding (MOU)...
Microsoft 365 Experiencing Widespread Outage: Here’s What We Know
Microsoft 365, a suite of productivity and collaboration tools, is currently experiencing a widespread outage, impacting multiple services including Exchange...
South Africa Assumes G20 Presidency With Focus on Global Equity
South Africa's upcoming G20 presidency in 2025 is poised to be a game-changer for the global south. With its theme...
Donald Trump Nominate Howard Lutnick as Commerce Secretary: Here is What You Need to Know
Trump has officially nominates Lutnick, CEO of Cantor Fitzgerald, as the Secretary of Commerce. Lutnick has been a key adviser...
GTBank Delays Reopening Until 12 p.m. Due to Ongoing System Upgrade
Guaranty Trust Bank (GTBank) has announced a delay in its reopening until 12 p.m. today, following an extensive system upgrade...
7-Eleven to close more than 400 locations. Here’s what you need to know.
7-Eleven, a major convenience store chain with a significant presence across North America, has decided to close over 400 locations...
