PalmPay, OPay Open Graduate Trainee Programmes
PalmPay and OPay MFB announce 2025 Graduate Trainee Programmes offering Nigerian graduates career opportunities in fintech and financial services with structured training.
Category : Business
FairMoney Discloses N150B Loans, N7B Interest in 2025
FairMoney Microfinance Bank reveals it disbursed over N150 billion in loans and paid N7 billion in interest on savings in 2025, leveraging AI and machine learning to serve underserved customers.
World Bank $12M Loan for Nigerian IDP-Hosting States
The World Bank has approved a $12 million performance-linked loan for Nigerian states hosting internally displaced persons (IDPs) under a new federal project aimed at closing data gaps and improving IDP integration into development systems.
Refineries Seek Govt Support to End Fuel Imports
Domestic refiners in Nigeria say they have enough capacity to reduce petrol imports in 2026 if crude supply challenges are addressed. CORAN calls for targeted funding and better data collection.
Naira Recovers as CBN Releases New Exchange Rate
The Nigerian naira appreciated against the US dollar, closing at N1,419.35 in the official market amid improved dollar supply and rising external reserves.
Naira Gains Against Dollar in Official Forex Market
The Nigerian naira appreciated against the US dollar in the official NAFEM market but showed mixed results against other currencies and at bank counters, with analysts pointing to oil revenues and CBN policies for support.
Air Force One Forced Back by Electrical Issue During Trump Flight
President Trump's Air Force One aircraft experienced a minor electrical problem, causing it to return to base shortly after takeoff for Davos, Switzerland. The incident delayed his World Economic Forum speech by approximately three hours.
Spain's Second Fatal Train Crash in Days After High-Speed Collision
A train driver killed and 37 injured in Barcelona commuter derailment, following Sunday's high-speed collision that left 40 dead. Heavy rains blamed for infrastructure failures.
Trump's Plane Has Electrical Issue, Switched to Backup
US President Donald Trump safely transferred to a backup Boeing 757 after a minor electrical problem was detected on Air Force One before takeoff to Davos.
NGX Rebounds: Market Cap Rises by N93 Billion
The Nigerian stock market rebounded on Tuesday with market capitalization increasing by N93.48 billion. The NGX All-Share Index rose 0.09% as gainers outnumbered losers with 39 advancing stocks.
Oncue Logistics Redefines Event Logistics with Tech Solutions
Oncue Logistics is revolutionizing event planning in Nigeria through a premium, technology-driven coordination model that brings order and control to weddings, corporate events, and private celebrations.
Bolt Ridesharing Surges in December Mobility Across Nigeria
Bolt ridesharing services experience significant growth in December as Nigerians opt for convenient transportation during the festive season, highlighting changing mobility patterns.
Netflix's Warner Bros. Bid: Impact on Nigerian TV
Netflix converts its Warner Bros. Discovery takeover bid to all-cash, affecting Nigerian pay-TV through MultiChoice's channel deals and HBO Max launch plans.
Nigerian Colleagues Live Three Streets Apart Despite Workplace Avoidance
A Nigerian professional shares how a colleague avoided interaction at work, only to discover they lived just three streets apart, highlighting missed opportunities for connection and support.
IMF: Nigeria's Economy to Grow Faster by 2026
The International Monetary Fund projects Nigeria's economy will accelerate growth by 2026, driven by reforms and oil sector improvements, amid global economic challenges.
China's Population Falls, Birth Rate at Record Low
China's population has decreased for the second consecutive year, with the birth rate reaching an all-time low, raising concerns about long-term economic and social impacts.
GTBank Sets New Rate as Naira Falls Against Dollar
The Nigerian naira weakened in the official forex market on Monday due to high demand and limited supply, while GTBank adjusted its exchange rate for international payments.
NCC Targets 233M Unconnected Nigerians with Satellite Internet
The Nigerian Communications Commission plans to deploy satellite internet technology to mobile phones, aiming to bridge the digital divide for millions of unconnected citizens.
Starlink's Nigeria Dominance Threatened by New NCC Licenses
The Nigerian Communications Commission has issued new licenses to Amazon and European satellite operators, challenging Starlink's market dominance in Nigeria's internet sector.
Banks Start VAT Deduction on Card Fees and Electronic Charges
Nigerian banks have commenced deducting 7.5% VAT on card maintenance fees and selected electronic banking charges following NRS directive, with deposits and transfers remaining exempt.
33 Ships with Petrol, Diesel Arrive at Lagos Ports - NPA
The Nigerian Ports Authority has announced the arrival of 33 ships carrying petrol and diesel at Lagos ports, boosting fuel supply and economic activity.
Nigerian Teacher Quits Job to Sell Suya in London
A Nigerian man has abandoned his teaching career in the UK to launch a suya business in London, citing financial and personal reasons for this bold career shift.
NNPC Struggles to Match Dangote Refinery's Petrol Pricing
The Nigerian National Petroleum Company faces challenges in aligning petrol prices with partners as Dangote Refinery offers competitive rates, impacting Nigeria's energy sector and economy.
NAHCON Concludes Second Pre-Hajj 2026 Visit to Saudi
The National Hajj Commission of Nigeria has successfully concluded its second pre-Hajj visit to Saudi Arabia, focusing on preparations for the 2026 pilgrimage.
Nigerian Billionaire Loses Senegal Oil Licence After 18 Years
A Nigerian billionaire has lost an oil exploration licence in Senegal after holding it for 18 years, with reasons emerging related to regulatory and operational issues.
Nigeria's 30-Day Tax Law Puts Nigerians on Clock
The Nigerian government enforces a new law requiring tax payments within 30 days, aiming to boost revenue and curb evasion. This move impacts individuals and businesses nationwide.
Nigerians Fear Higher Bank Costs After VAT Transfer Stop
The suspension of VAT transfers to the Nigerian Revenue Service has sparked fears among citizens about possible increases in bank charges and service fees.
7 Nigerian Banks Face Licence Downgrades in CBN Recapitalisation
The Central Bank of Nigeria's recapitalisation drive puts seven banks at risk of licence downgrades as they struggle to meet the new capital requirements by the fast-approaching deadline.
FG Raises N900bn via DMO's High-Yield FGN Bonds
The Federal Government of Nigeria has successfully raised N900 billion through the Debt Management Office's offering of high-yield FGN bonds to investors, aimed at funding infrastructure and economic projects.
Nigerian in US Gets $20 Credit from Verizon for Network Issue
A Nigerian man in the US military shared how Verizon credited him $20 after an 8-hour network outage, sparking comparisons with Nigerian telecom services.
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