nigeria

The Federal Government of Nigeria has strongly demanded a swift and thorough investigation into the recent killing of two Nigerians in South Africa. This tragic development has reignited deep-seated concerns over xenophobic and Afrophobic attacks targeting foreign nationals, particularly Nigerians, living in the country. In a strong diplomatic reaction, the Nigerian government urged South African […]

The Crushing Weight of Inflation: Why Nigeria’s Low-Income Earners Bear the Brunt A recent inflation perception survey by the Central Bank of Nigeria (CBN) has laid bare the devastating impact of rising prices on the country’s most vulnerable economic segment. According to the data, about 68.4% of Nigerians earning below N70,000 monthly perceived inflation as […]Read More

In a significant move to enhance the security and usability of digital asset transactions in Africa, Mastercard has partnered with Busha, a leading pan-African digital asset exchange. This collaboration introduces the Mastercard Crypto Credential to Nigeria, offering a more trusted, seamless, and user-friendly way for consumers to interact with cryptocurrency. For many everyday users, navigating […]

FirstBank, West Africa’s premier financial institution and financial inclusion services provider, has announced its upcoming SMEConnect webinar, aimed at equipping Small and Medium Enterprises (SMEs) with practical, high-impact sales strategies to drive growth and sustainability in today’s competitive market. Empowering SMEs in a Dynamic Economy In the current challenging economic climate, businesses are constantly confronted […]

The Nigerian Exchange Group (NGX Group) has officially commenced corporate baseline assessments under its landmark N-Zero initiative. This pivotal milestone marks the next operational phase of a strategic effort designed to help Nigerian businesses strengthen climate readiness, build credible pathways toward net-zero emissions, and effectively position themselves to attract emerging, climate-aligned global capital. Launched in […]

The Federal Government of Nigeria has officially launched the Nigeria Alcohol Policy and Multisectoral Implementation Plan (2026–2030), marking a significant milestone in the nation’s public health and economic regulation landscape. This comprehensive framework is designed to strike a delicate balance between supporting the growth of the local beverage industry and safeguarding public health from the […]

Terra Industries Secures $52 Million Seed Round to Scale African Defence Technology Manufacturing In a historic milestone for the African hardware and defense technology ecosystem, Nigerian defence technology company Terra Industries has officially closed its seed funding round at an impressive $52 million. This announcement follows a highly successful extension of the round, which secured […]

Rivers State Commits to Strengthening Health Security Following JEE Assessment The Rivers State Government (RSG) has officially reaffirmed its dedication to reinforcing its public health infrastructure by pledging to address the critical health security gaps identified by the Joint External Evaluation (JEE) team. This assurance came at the conclusion of a rigorous five-day assessment workshop […]

Pension contributions under Nigeria’s Contributory Pension Scheme (CPS) experienced a sharp contraction in the first quarter of 2026, declining by 38% to N559 billion. This is according to the latest quarterly report released by the National Pension Commission (PenCom), highlighting growing pressure on the country’s macroeconomic landscape and employment sectors. The significant drop from previous […]

The Nigerian Meteorological Agency (NiMet) has forecast thunderstorms and moderate rains across several parts of Nigeria from Sunday to Tuesday. The weather advisory, which details the atmospheric conditions expected over the three days, warns of potential disruptions to daily activities, transport, and public safety. According to NiMet’s official weather outlook, Sunday’s atmospheric conditions are expected […]

SEC Admits Three More Crypto Firms to ARIP, Boosting Total Participants to 14 In a significant step forward for the regulation of digital assets in Nigeria, the Securities and Exchange Commission (SEC) has cleared three additional Virtual Asset Service Providers (VASPs) for admission into its Accelerated Regulatory Incubation Programme (ARIP). This latest development expands the […]

Empowering Nigerians with Up to ₦500,000 in Instant Credit In a strategic move to enhance financial inclusion and provide timely relief to its customers, First City Monument Bank (FCMB) has increased the limit of its popular FastCash instant loan product to ₦500,000. This significant upward adjustment allows eligible customers to access more substantial funds instantly […]