Despite Reserves Surge, Nigerian Naira Continues Depreciation Streak
The naira on Monday began the week with depreciation against the United States dollar across official and parallel foreign exchange markets. The Central Bank of Nigeria’s data showed that…
Paramount CEO Calls Netflix’s WBD Bid ‘Inferior,’ Pushes $30 Per Share Offer
Paramount has launched a hostile all-cash tender offer to acquire Warner Bros. Discovery for $30 per share, valuing the company at $108.4 billion and challenging a previously accepted deal between…
Fintech Giants Opay, Moniepoint Face CAC Watchlist Over Unregistered POS Agents
The Corporate Affairs Commission, CAC, has warned that it may place leading fintech companies, including Opay and Moniepoint, on its regulatory watchlist for allegedly enabling unregistered Point of Sale…
CBN Issues Public Alert as Fake Redesigned Naira Notes Flood Markets Nationwide
The Central Bank of Nigeria (CBN) has issued a strong public alert following the increasing circulation of fake redesigned Naira notes across several…
CAC Announces Nationwide Clampdown on Unregistered PoS Operators, Sets 2026 Deadline
The Corporate Affairs Commission (CAC) has announced a nationwide enforcement operation targeting unregistered Point-of-Sale (PoS) agents, warning that all operators must regularise their businesses before January 1, 2026…
Dangote Declares Fuel Queues in Nigeria “Gone Forever,” Pledges Stable Supply Through Christmas
President of the Dangote Group, Alhaji Aliko Dangote, on Friday declared that the era of fuel queues in Nigeria “is gone forever,” assuring that petrol supply will…
We Thought the Nightmare Was Over”: Anger Over Renewed School Kidnappings
Critical stakeholders in the education sector have expressed sadness and anger at the resurgence in the abduction of students from schools in some parts of the country…
FG may seize Dana Air assets to refund passengers and travel agents — Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has said the Federal Government may recover and sell the assets of Dana Air to refund passengers and travel agents whose…
Naira Strengthens Sharply Against Dollar After CBN Holds Key Interest Rate
The naira appreciated significantly against the United States dollar at the official foreign exchange market after the Central Bank of Nigeria retained a 27 percent interest rate.…
Nigeria’s Central Bank Holds Key Interest Rate at 27% Amid Inflation Fight
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the country’s Monetary Policy Rate at 27 per cent. CBN Governor Olayemi Cardoso announced the decision…















