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42 Articles
Economy

Fidelity Bank Plc Plans to Boost Share Capital to N36.7 Billion

Fidelity Bank Plc has declared its intention to elevate its issued share capital from N26.7 billion to N36.7 billion. This decision was made...

Crime & conflict

Israel Releases 90 Palestinian Prisoners Following Hostage Return and Ceasefire

Early Monday morning, Israel released 90 Palestinian prisoners in response to the return of three Israeli hostages freed by Hamas, an action that...

Economy

Naira Strengthens in Parallel Market but Depreciates in Official FX Market

The Naira appreciated marginally in the parallel market yesterday, improving to ₦1,660 per dollar from ₦1,662 per dollar recorded over the weekend. However,...

Economy

Naira Depreciates Further Against the Dollar Across FX Markets

The naira experienced renewed depreciation against the dollar on Wednesday at both the official and black market foreign exchange rates. Data from FMDQ...

Economy

CBN’s Push for Financial Inclusion: Expanding Access to 28 Million Unbanked Nigerians

The Central Bank of Nigeria (CBN) has revealed that approximately 28 million Nigerians, primarily in rural areas, lack access to banking services. This...

Politics

Federal Government Overhauls Nigeria’s Aging National Grid to Boost Power Supply and Stability

In an effort to address Nigeria’s frequent power disruptions and enhance overall supply, the Federal Government has announced plans to overhaul the national...

Economy

CBN Confirms No Deadline for Old Naira Notes, Dispels December 2024 Rumors

The Central Bank of Nigeria (CBN) has clarified that there is no cutoff date for using the old N200, N500, and N1,000 Naira...

Politics

Diaspora Remittances: Nigeria’s Leading Source of Foreign Exchange, Says NIDCOM CEO

Dr. Abike Dabiri-Erewa, the Chief Executive Officer of the Nigerians in Diaspora Commission (NIDCOM), highlighted that diaspora remittances are Nigeria’s largest source of...

Entertainment

VeryDarkMan Reveals Don Jazzy as N100 Million Donor to His NGO

Social media activist VeryDarkMan has disclosed that music producer Don Jazzy is the generous mystery donor behind a N100 million contribution to his...

Crime & conflict

Boosting India’s Economy: The Case for Increased Female Workforce Participation

India’s manufacturing sector stands to gain significantly if more women join the workforce, with a projected increase in output of 9%, according to...