NLC to Shut Down Nigeria: Nationwide Protest Slated for December 17 Over Escalating Insecurity The Nigeria Labour Congress (NLC) has declared a firm date for a nationwide protest in response to the country’s rapidly worsening security crisis, setting the mobilization…
NIGERIA EXTERNAL RESERVES $45 BILLION SIX YEARS: A STRONG FX SHIELD EMERGES My people, we have some very good news from the Central Bank of Nigeria (CBN). For the first time in over six years, the nation’s external reserves have…
ChatGPT warning: The National Information Technology Development Agency (NITDA) Has issued a critical cybersecurity advisory warning Nigerians about new vulnerabilities in ChatGPT models that could enable sophisticated data leakage attacks. The advisory, released through the Computer Emergency Readiness and Response…
By the end of this year, it is anticipated that World Bank loan to Nigeria between 2023 and 2025 will total $9.65 billion as new approvals, continuing talks, and disbursements pick up speed across important sectors. Source’s review of data…
Time to Drop the Paper: Why the CBN Must Scrap Current Account Bank References The long-standing tradition of requiring bank references for opening a current account in Nigeria is now widely considered an obsolete ritual. For decades, this requirement, which…
ECONOMIC SHOCKER: AVERAGE DIESEL PRICE RISES N1398 OCTOBER, JUMPING 9.45 PERCENT IN ONE MONTH. Join our WhatsApp group My people, prepare for higher prices of goods and services this festive season, because the cost of fueling our businesses has just…
The Corporate Affairs Commission (CAC) has cautioned that it may place major fintech companies, including Opay and Moniepoint, under regulatory watch for allegedly supporting unregistered Point of Sale (POS) operators nationwide. Join our WhatsApp group The commission stated that any…
The Corporate Affairs Commission(CAC) has issued a strong warning to Point-of-Sale(pos) operators across the country, announcing a nationwide enforcement campaign against businesses operating without proper registration. The Commission claimed to have noticed a rise in the number of PoS operators…
G20 FRAGMENTATION FEARS: US South Africa Rift Threatens Global Economic Bloc The G20, the world’s foremost forum for international economic cooperation, is now facing an existential threat of fragmentation, driven by rapidly escalating diplomatic tensions between the United States and…
NETFLIX FINALLY CHOPPES WARNER BROS STUDIO IN BIG BIG $82.7 BILLION DEAL My people, the world of entertainment witnessed the mother of all deals this past Friday. After months of rumour and speculation running wilder than a goat in a…
Naira vs. Pound Sterling: Holiday Rush Fuels FX Plunge to N1,950/£1 The Nigerian Naira (NGN) has seen a sharp depreciation against the British Pound Sterling (GBP), with the unofficial market rate hitting N1,950 This mid-week plunge is primarily driven by…
South African satellite giant, MultiChoice Group has revealed that 11 television channels will no longer be available to customers on DStv from December 31. The group announced the development in a recent notice to subscribers. According to Multichoice, the affected…
Nigeria’s Energy Lifeline: FG Approves N185 Billion to Clear Gas Debts and Supercharge Power Supply The Federal Government’s recent approval to settle N185 billion in long-standing debts owed to natural gas producers marks a crucial intervention aimed at revitalizing Nigeria’s…
The Central Bank of Nigeria (CBN) has raised the weekly cash withdrawal cap to N500,000 for individuals and N5 million for corporations across all channels. The regulator set daily withdrawals from automated teller machines (ATMs) at N100,000, with a weekly…
CBN Revises Cash Withdrawal Rules: What Nigerians Need to Know (Effective January 2026) Join our WhatsApp group The Central Bank of Nigeria (CBN) has announced a significant revision to its cash withdrawal policies, effective January 1, 2026. These changes are…
