The price of gold on the US futures market hit a record high on Friday following a report by the Financial Times that Washington was imposing tariffs on some bullion bars. The FT said gold bars weighing one kilogram ...
Read More »FG should have sold refineries to Dangote, Rewane says as he also kicks against airport renovation
Foremost Economist and Chief Executive Officer of Financial Derivatives Company (FDC), Mr. Bismark Rewane, has said the Federal Government should have sold the government-owned refineries to the Dangote Industries Limited He said Nigeria would have saved billions of dollars ...
Read More »WhatsApp deletes over 6.8m accounts linked to scams, Meta says
WhatsApp has taken down 6.8 million accounts linked to scammers targeting people around the world in the first half of this year, its parent company Meta says Many were tied to scam centres run by organised criminals in South East ...
Read More »NNPCL reduces Petrol price again
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (petrol) just 48 hours after it was hiked across its retail outlets As reported by Daily Post, the price has been brought down to ...
Read More »Abuja surpasses Lagos as leading destination for foreign investment
Abuja has overtaken Lagos as Nigeria’s top destination for foreign capital inflow, according to the Q1 2025 Capital Importation report released by the National Bureau of Statistics (NBS) The report revealed that the Federal Capital Territory (FCT) attracted $3.04 ...
Read More »18-Year-Old Onlyfans model claims she made $1m in 3 Hours
18-Year-Old internet personality, Lil Tay is back in the spotlight after claiming she raked in over $1 million just three hours after debuting on OnlyFans The 18-year-old launched the account on her birthday and later took to her X ...
Read More »NNPCL boss, Bayo Ojulari resigns
Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has reportedly been forced to sign a resignation letter under pressure According to a report by Peoples Gazette on Saturday, Ojulari was allegedly coerced into resigning ...
Read More »Dangote refinery gets new CEO
The Dangote Petroleum Refinery and Petrochemicals has appointed David Bird, the former head of Oman’s Duqm Refinery, as its new Chief Executive Officer. A report by S&P global on Friday said, Bird heads the refinery’s petroleum and petrochemicals division ...
Read More »Wema Bank Releases unaudited results for H1 2025, Profit Before Tax climbs 231% to N101.2billion
Wema Bank Releases unaudited results for H1 2025, Profit Before Tax climbs 231% to N101.2billion Wema Bank Plc, Nigeria’s oldest indigenous bank, most resilient and pioneer of Africa’s first fully digital bank, ALAT, has released its unaudited consolidated financial ...
Read More »FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG At 2025 Euromoney Awards
FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG At 2025 Euromoney Awards Lagos, 28 July 2025 – FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for ...
Read More »Eko DisCo announces 25-day blackout in Lagos
Eko DisCo announces 25-day blackout in Lagos Residents within the Eko Electricity Distribution Company (EKEDC) network have been alerted to prepare for daily power interruptions and load shedding beginning Monday, July 28, 2025, as the Transmission Company of Nigeria ...
Read More »Coldplay Scandal: Astronomer HR, Kristin Cabot resigns
Kristin Cabot, Chief People Officer at tech company Astronomer, has officially resigned from her position in the wake of the Coldplay concert scandal that rocked the company’s leadership Cabot was captured on the kiss cam at a Coldplay concert ...
Read More »Nigeria’s Egusi Seed Set to Make History in Space
Nigeria’s Egusi Seed Set to Make History in Space In a major milestone for Nigeria and the entire West African region, egusi melon seeds sourced from Oyo State are set to travel to the International Space Station as part ...
Read More »FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS
FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS Lagos, 18 July 2025 – FirstBank, a leading financial institution and provider of financial inclusion services in West Africa, announces the achievement of ₦1 trillion in cumulative ...
Read More »Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025
Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025 In recognition of its position as a digital pioneer in the African banking landscape, Africa’s first fully digital bank, ALAT, a trailblazing digital platform pioneered ...
Read More »FIRSTBANK PARTNERS UNGC TO DRIVE SUSTAINABLE FINANCE AND UNLOCK CAPITAL FOR DEVELOPMENT
FIRSTBANK PARTNERS UNGC TO DRIVE SUSTAINABLE FINANCE AND UNLOCK CAPITAL FOR DEVELOPMENT Lagos, 14 July 2025 – FirstBank, the West Africa premier financial institution and financial inclusion services provider, has strengthened its partnership with the United Nations Global ...
Read More »1200 Nigerians show interest as Film Director seeks people who can jump from 3rd mainland bridge into the Lagoon for N1m
1200 Nigerians have shown interest as a Film Director, one Martins on X seeks 5 people who can jump into the Lagos Lagoon from 3rd mainland bridge for the sum of N1m He says it’s for a shoot, and the money will ...
Read More »Dangote seeks approval to build Nigeria’s biggest seaport
Africa’s richest man, Aliko Dangote, is pursuing regulatory approval to construct what could become Nigeria’s largest and deepest seaport in Olokola, Ogun State—a major step in his effort to expand the Dangote Group’s export and industrial infrastructure Bloomberg reports ...
Read More »Senate probes ponzi schemes, CBEX collapse
The Senate on Wednesday launched a sweeping probe into the rise of Ponzi schemes in the country, following the catastrophic collapse of Crypto Bridge Exchange, a digital investment platform that allegedly fleeced Nigerians of over N1.3tn The Ponzi scheme has been described ...
Read More »Blord reveals his net worth
Entrepreneur BLord has finally revealed his net worth in an interview with a foreign journalist When asked to estimate his wealth in dollars, BLord disclosed that he is worth approximately $300 million. “I would say 300 million dollars.” BLord ...
Read More »CBN clarifies BVN fee for Nigerians in diaspora
The Central Bank of Nigeria (CBN) has clarified that there were no hidden charges connected with the recent launch of the non-resident bank verification number (NRBVN) platform for Nigerians in the diaspora The CBN, in collaboration with the Nigeria Inter-Bank Settlement ...
Read More »Trump targets BRICS nations including Nigeria with new 10% Tariff
U.S. President Donald Trump has announced that any country, including Nigeria, aligning with what he calls the “anti-American policies of BRICS” will face an additional 10 percent tariff on goods exported to the United States “There will be no ...
Read More »FirstBank Unveils Advanced Facial Biometric Technology on FirstMobile for Seamless User Enrollment and Device Activation
FirstBank Unveils Advanced Facial Biometric Technology on FirstMobile for Seamless User Enrollment and Device Activation Lagos, June 29, 2025– FirstBank, the West Africa premier financial institution and financial inclusion services provider has launched an advanced facial biometric technology on ...
Read More »Lagos Govt to introduce stricter rules for illegal Real Estate agents
The Lagos State Government has officially outlawed real estate practice by individuals or organisations not registered with the Lagos State Real Estate Regulatory Authority (LASRERA), declaring such actions a criminal offence This move is part of efforts to tackle ...
Read More »100,000 vehicles converted to CNG in one year – FG
The Federal Government says over 100,000 petrol-powered vehicles have been converted to Compressed Natural Gas in the past year, stressing that it recorded significant progress in advancing the use of alternative fuel across the country. The Programme Director and ...
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