Billionaire investor Tony Elumelu is set to receive a combined N1.68 billion in dividend payments from United Bank for Africa. Join our WhatsApp group United Bank for Africa (UBA) following the bank’s interim payout of 25 kobo per share for…
Former Banker Sentenced to 8 Years for N120.5 Million Job Scam In a significant legal victory against fraud, a Federal Capital Territory High Court in Jabi, Abuja, has convicted and sentenced a former legislative aide and banker, Mr. Goni Yilkan,…
FIRS Reports Staggering N3.65 Trillion Revenue in September 2025 Join our WhatsApp group Nigeria’s federal revenue has soared to N3.65 trillion in September 2025, marking a remarkable 411% increase from the N711 billion recorded in May 2023. This monumental growth…
Zenith Bank’s “Blow Out” Profits Seplat’s $1 Billion Dividend Plan The latest episode of “Follow the Money with Ugodre” has shed light on some of the most significant developments in the Nigerian financial markets, providing a detailed look at the…
Uber contributed an estimated N34 billion to Nigeria’s economy in 2023. A recent report by research firm Public First, titled the Uber Nigeria Economic Impact Report, revealed that ride-hailing company Uber contributed an estimated N34 billion to Nigeria’s economy in…
Nigeria-China Trade Soars to $15.48 Billion in Seven Months Join our WhatsApp group Trade between Nigeria and China has reached unprecedented levels, hitting a remarkable $15.48 billion between January and July 2025. This figure represents a robust 34.7% year-over-year increase,…
UNGA80: Nigeria Intensifies Push for Permanent UN Security Council Seat. Join our WhatsApp group Nigeria is set to intensify its long-standing campaign for a permanent seat on the United Nations Security Council (UNSC) at the 80th session of the United…
NDLEA Nabs Brazilian Returnee, Physically Challenged Dealer The National Drug Law Enforcement Agency (NDLEA) has made several arrests and seizures in a nationwide crackdown on drug trafficking, with a particular focus on the Murtala Muhammed International Airport (MMIA) in Lagos.…
Nigerian Banks Face Urgent Call to Action as Cybercrime Costs Soar Nigerian banks are at a critical juncture, facing a stark choice: invest heavily in cybersecurity or risk losing the war against a rapidly evolving digital enemy. According to a…
Victory for Nigerian Travelers: Kenya Airways Pays NCAA Fine Over Passenger Mistreatment In a major win for consumer protection, Kenya Airways has paid the sanction imposed by the Nigerian Civil Aviation Authority (NCAA) following a high-profile incident involving a Nigerian…
Google’s Latest Move: Free AI Access and Connectivity Boost for African Students In a significant stride towards accelerating Africa’s digital transformation, Google has announced a major new initiative: free one-year subscriptions to its AI Pro plan for college students in…
Lagos Halts All Reclamation Projects to Combat Environmental Risks. Join our WhatsApp group The Lagos State Government has taken a decisive step to protect its fragile ecosystem by ordering the immediate suspension of all land reclamation projects. Citing grave concerns…
EFCC: How Internet Fraud Worsens Visa Restrictions for Nigerians: A Deep Dive The Economic and Financial Crimes Commission (EFCC) has pointed a stern finger at internet fraudsters and money launderers, holding them responsible for the increasingly strict visa restrictions and…
Niger State Governor Pledges N5 Billion to Revive Aviation Mini-Campus in Minna Join our WhatsApp community In a significant move to bolster aviation and economic development, the Niger State Government has announced a N5 billion seed funding pledge for the…
Breaking: Federal Government Suspends Controversial 4% FOB Levy on Imported Goods In a major relief for importers and businesses, the Federal Government has announced the immediate suspension of the contentious 4% Free on Board (FOB) levy on imported goods. The…