The federal government has broken the silence on the report that the Minister of Defence, General Christopher Musa (Rtd) is set to resign from his position.
Delta State tops June 2026 FAAC allocations with ₦86 billion, followed by Lagos and Rivers. Nigeria's total revenue hits ₦4.5 trillion, showcasing fiscal strength.
Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi has not confirmed which company is manufacturing the XRING O1, though Lei said it uses the same second generation 3nm-process technology as Apple's latest chips.
Dangote Refinery has published the official fuel price list across its partner filling stations, and encouraged Nigerians to report where any partner sells above.
Mr. Adewole commended the government for capping agent fees at 10%, as it has been successfully implemented in the past. He spoke more on the reporting channels.
The Central Bank of Nigeria (CBN) has introduced a draft Baseline Standard to automate anti-money laundering and counter-terrorism financing processes.
The Nigerian currency, the naira continued its rise against the dollar in all foreign exchange markets on Wednesday, May 21, 2025, closing at N1,582.50 per dollar.
As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. - AI ad tools too - Google announced it is making AI tools available to streamline the creation of online ads, mirroring similar initiatives by Facebook-owner Meta, Google's primary rival in online advertising.
EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring. Over a quarter of the 27-nation bloc's imports of nitrogen-based fertilisers come from Russia, with more entering from Moscow ally Belarus -- which the European Commission now seeks to bring to an end.
Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit.
President Donald Trump said Wednesday he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis.
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