Dangote Refinery Clarifies Reorganisation: Cites Sabotage, Dismisses Mass Layoffs The Dangote Petroleum Refinery, a strategic national asset in Nigeria, has publicly addressed reports of mass staff layoffs, clarifying that the ongoing action is a reorganisation of operations affecting only a…
“Nobody Can Stop Me!” – Mandy Kiss Fires Back at Guinness World Records After Controversial Rejection Join our WhatsApp community The attempt by adult content creator Mandy Kiss to set a Guinness World Record by “sleeping with 100 men in…
CBN reduces MPR to 27%: Implications for Loans, Inflation, and Economic Growth The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has lowered the Monetary Policy Rate (MPR) by 50 basis points to 27.00%, marking a significant shift to…
Dangote Sugar Hit 10% daily gain, ASI Slips for Fourth Consecutive Session Despite Banking Gains The Nigerian Exchange Group (NGX) closed trading on September 24 with the All-Share Index (ASI) extending its losing streak to four consecutive sessions. The ASI…
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…