Smartphone brand POCO has officially launched two new devices into the Nigerian market — the POCO X7 Pro and POCO C71 — offering something for everyone, from tech-savvy users to …
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BusinessInnovationMarketsNewsNigeriaTechnology
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Banking, Finance & InvestmentBusinessInnovationINVESTMENTMarketsNews
Ecobank to Raise $250 Million to Strengthen Capital Base, Boost Pan-African Growth
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has secured approval from its shareholders to raise up to $250 million through an Additional Tier 1 (AT1) capital …
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DevelopmentFinance & ServicesInfrastructureNewsNigeriaSecurity
Senate Approves ₦124.2bn Nigeria Police Trust Fund Budget for 2024 to Boost Security Nationwide
The Nigerian Senate has approved a total of ₦124.2 billion as the 2024 budget for the Nigeria Police Trust Fund (NPTF). The approval came during Wednesday’s plenary session following the …
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The Economic and Financial Crimes Commission (EFCC), Kano Zonal Command, on Wednesday, secured the conviction and sentencing of popular TikTok influencer, Murja Ibrahim Kunya, for abusing the Nigerian currency. The …
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GOVERNMENTNewsNigeriaPolitics
Senator Natasha Akpoti-Uduaghan’s Legal Team Raises Alarm Over Selective Justice Amid Criminal Charges
The legal team representing Senator Natasha Akpoti-Uduaghan on Wednesday raised serious concerns about what they described as a troubling pattern of selective justice. This follows the Federal Government’s decision to …
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GOVERNMENTNewsNigeriaReal Estate
Godwin Emefiele Appeals Against Government’s Seizure of 753-Unit Abuja Estate
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has taken a fresh legal step to challenge the government’s control of a large housing estate in Abuja. Emefiele has filed …
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AFRICA NEWSBusinessEconomyEnergyNewsOil & GasTrade and Commerce
Dangote Refinery Cuts Nigeria’s Fuel Imports, South Africa Becomes Africa’s Biggest Petroleum Product Importer
Nigeria has lost its position as Africa’s largest importer of refined petroleum products after the Dangote Petrochemical Refinery ramped up operations earlier this year. According to a new report by …
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EconomyEnergyNewsNigeriaOil & GasPoliciesSecurity
Bayelsa Host Communities Threaten Shutdown Over Security Vessel Contract Dispute with NNPC Subsidiary
Tension is rising again in Bayelsa State’s coastal oil-producing areas, as eight host communities have issued a seven-day ultimatum to NNPC Exploration and Production Limited (NEPL) over disputes surrounding the …
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Finance & ServicesHealthcareINVESTMENTNews
WHO Cuts Budget After U.S. Exit, Still Faces $1.7 Billion Shortfall Despite New Funding Plan
The World Health Organisation (WHO) has scaled back its global ambitions as financial challenges continue to bite, following the loss of key donor support and a growing reliance on conditional …
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BusinessINVESTMENTNewsSouth Africa
Tiger Brands Surprises with Strong Earnings, Declares Special Dividend and Sells Maize Milling Business
South Africa’s leading consumer goods company, Tiger Brands Ltd (JSE: TBSJ.J), reported stronger-than-expected earnings for the first half of its financial year, boosting shareholder returns with a special dividend and …