If you’re an MTN subscriber eager to find out if you’ve been selected to receive the Federal Government’s generous ₦50,000 monthly financial assistance, look no further! There’s now a dedicated USSD service available, courtesy of MoMo Payment Service Bank (PSB), specifically designed to help you confirm your eligibility for this vital program.By simply dialing the…
Latest Kogi State news: Governor Ododo’s revenue reforms and empowerment programmes, the EFCC’s ongoing trial of former Governor Yahaya Bello, military operations against kidnappers, and cost-of-living pressures in Lokoja.
Attention, esteemed members of the public! We want to bring to your attention a critical issue regarding a deceitful scheme that aims to exploit unsuspecting individuals in our community. Some unscrupulous individuals are attempting to defraud hardworking Nigerians, and we must remain vigilant.The authorities have taken significant steps to safeguard you, emphasizing a vital point:…
In a significant step towards alleviating the challenges faced by many ordinary citizens, the federal government has officially kicked off the disbursement of a generous monthly cash support of ₦50,000 under the National Emergency Relief and Stabilisation Intervention (NERSI). This initiative is a beacon of hope for countless vulnerable Nigerians who are grappling with the…
Modern technology careers are no longer divided neatly between software engineering and business administration. A specialized discipline is emerging around one of the most important corporate responsibilities: managing and expanding revenue. One prominent example is go-to-market engineering, commonly abbreviated as GTM engineering.GTM engineering applies technical methods—including data integration, automated workflows, APIs, scripting, and artificial intelligence—to…
According to a report published by The Metro in the United Kingdom on Wednesday, August 19, 2026, Vishal Garg, the founder and former chief executive of financial technology company Better, has reportedly been removed from his leadership role. He was replaced by hedge fund manager Daniel Lewis, who joined Better’s board only about a week…
The proposed sale by RC Investment Management Limited of 10.434 billion shares in First HoldCo Plc could significantly alter the ownership profile of one of Nigeria’s largest financial groups. It will also serve as an important test of the Nigerian Exchange’s ability to absorb a very large block transaction, attract sufficient investor demand, and establish…
Nigeria is embarking on an ambitious infrastructure development initiative, prioritizing the integration of its critical energy hubs – including major ports, vital refineries, and strategically located fuel depots – with the national railway network. This strategic push is designed to directly address significant and persistent distribution bottlenecks that have hampered the efficient flow of petroleum…
The Africa Finance Corporation (AFC) has significantly bolstered its commitment to the burgeoning Nigerian energy sector through a substantial investment in the Dangote Petroleum Refinery. This strategic capital infusion, amounting to $2.5 billion, has been channeled via a private share placement, marking a pivotal moment in the financial backing of this monumental industrial complex. This…
OPay Limited has experienced a remarkable surge in its financial operations, processing a colossal gross transaction value (GTV) of $358 billion in the fiscal year 2025. This figure represents a staggering increase of more than double the $166.2 billion recorded in the preceding year, 2024. This exponential growth underscores the fintech giant’s aggressive expansion within…
In a significant overhaul of its monetary policy and liquidity management strategies, the Central Bank of Nigeria (CBN) has initiated a series of substantial reforms impacting the operational dynamics of the nation’s banking system. These sweeping changes, detailed in a circular disseminated on Wednesday, include the elimination of previously imposed penalties that had hindered banks’…
On Thursday, August 6, 2026, the Nigerian naira displayed a commendable level of stability against the United States dollar in the official foreign exchange market, extending a trend that many market observers have been closely monitoring. Despite this relative steadiness, it’s worth noting that a significant disparity continues to exist between the rates offered in…
In a significant legal development within Nigeria’s financial sector, nine individuals closely associated with Western Metal Products Company (WEMPCO) Limited, a prominent indigenous steel and manufacturing conglomerate, are facing the grave possibility of imprisonment. This stems from their alleged defiance of a Federal High Court order, which was intended to safeguard United Bank for Africa’s…
currency enthusiasts and financial aficionados! Today, we bring you the latest scoop on the exchange rate between the United States dollar (USD) and the Nigerian naira (NGN). As of Tuesday, August 4, 2026, the naira is trading at approximately ₦1,368 against the dollar on the official Nigerian Foreign Exchange Market (NFEM). Meanwhile, the parallel market…
