Nigeria’s Fiscal Deficit Shrinks by 29% to N2.82 Trillion. Nigeria’s budget deficit has decreased by 29% from N3.96 trillion in the first quarter of 2023 to N2.83 trillion in the first quarter of 2024, as the federal government looks to…
OPEC data challenges Tinubu’s claim of 1.6 million barrels per day oil output. OPEC data casts doubt on President Bola Tinubu’s recent claim that Nigeria’s oil production had surged to 1.6 million barrels per day (bpd). While Tinubu announced this…
MTN and Airtel are finding ways to recover after reporting a combined $1.56 billion loss due to the naira’s devaluation. Telecom giants MTN and Airtel are pivoting to a naira-focused strategy after suffering $1.56 billion in FX losses due to…
Bournemouth is exploring a potential deal for Arsenal’s unwanted forward. Bournemouth is reportedly interested in signing Arsenal striker Eddie Nketiah as a replacement for Dominic Solanke, who recently joined Tottenham for £65 million. While Nketiah has struggled for regular playing…
Conor Gallagher could remain at Chelsea amid recent transfer developments. Conor Gallagher’s proposed transfer from Chelsea to Atletico Madrid, valued at £33.7 million, has hit a snag. Despite undergoing a medical in Madrid and expressing eagerness to join the Spanish…
Apple demands Patreon switch to its billing system or face potential removal from the App Store. Apple has warned Patreon that it must switch to Apple’s in-app purchasing system or face removal from the App Store. Patreon informed creators about…
Score, the dating app designed for people with good to excellent credit, has quietly shut down. Score, the dating app targeting individuals with good to excellent credit, shut down in early August, as confirmed by its parent company, Neon Money…
Elon Musk and Donald Trump’s X Spaces event crashes during live stream. Elon Musk and Donald Trump’s joint X Spaces event on Monday faced technical issues, causing it to crash shortly before it was scheduled to start. The event, which…
a16z-backed Tally closes doors after burning through $172M in funding. Tally, a San Francisco-based fintech that aimed to help consumers manage and pay off their credit card debt, has shut down after nearly a decade in operation. The company, founded…
Maduka Okoye Gets Emotional After Fan Interaction During Coppa Italia Win. Maduka Okoye, the Super Eagles’ goalkeeper, has quickly become a fan favorite in Italy since joining Udinese. The 24-year-old, known for his good looks and impressive goalkeeping skills, was…
Euro 2024 Star Ditches Barcelona Dreams, Embraces Bilbao Legacy. Barcelona’s hopes of signing Spain’s Euro 2024 standout Nico Williams have been dashed as the 22-year-old winger has committed to staying at Athletic Bilbao, where he’s been handed an iconic jersey…
“Heathrow Slot Dispute: Nigerian Minister Appeals to UK”. Festus Keyamo, Nigeria’s Minister of Aviation and Aerospace Development, has formally lodged a complaint with the UK government regarding Air Peace’s inability to secure a slot at Heathrow Airport. In his letter…
Cost Pressures Drive Nigeria’s Business Activity to 8-Month Low. In July, Nigeria’s business activity experienced a significant downturn, falling to an eight-month low according to the latest Purchasing Managers’ Index (PMI) report by Stanbic IBTC Bank. The headline PMI index…
Barbican Capital Sues First Bank Over Shareholding Error. Barbican Capital Limited has initiated a lawsuit against FBN Holdings, Nigeria’s oldest financial institution, due to discrepancies in reported shareholding. Barbican, the largest single shareholder in FBN Holdings, alleges that the bank…
#EndBadGovernance Protest: Use of Out-of-School Children Poses Danger to Nigeria. The #EndBadGovernance protests in Nigeria have highlighted major issues such as corruption, economic hardship, and social injustice. A disturbing trend is the involvement of out-of-school children in these protests, which…