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Prospa, a Y Combinator-backed business banking startup, faces customer outrage due to repeated delays in processing withdrawals since May 2024. Previously cited service downtime issues in February worsened transaction speeds, prompting renewed frustrations. Prospa, a Y Combinator-backed...
Nigerian actor Ibrahim Chatta vows to arrest a staff member for injuring his horse, essential for his movie productions. The incident sparked online debates, with supporters defending Chatta's frustration and critics condemning the cruelty. Nigerian actor Ibrahim Chatta has made headlines after...
Aliko Dangote, Chairman of the Dangote Group, announced that his $20 billion Lagos-based refinery, which processes 650,000 barrels per day, will significantly reduce fuel prices in Nigeria. Speaking at the Afreximbank Annual Meetings and AfriCaribbean Trade & Investment Forum in Nassau, The...
The World Bank has criticized the Central Bank of Nigeria's interest rate hikes, stating they may not curb inflation effectively. The report suggests Nigeria needs a balanced approach, combining monetary and fiscal policies, to address inflation driven by supply-side factors and structural...
President Bola Tinubu has appointed Tanimu Yakubu as the new Director-General of the Budget Office of the Federation, succeeding Ben Akabueze. Yakubu, an accomplished economist with extensive experience in finance and economic planning, is expected to enhance fiscal sustainability and...
NFF President Ibrahim Gusau discusses Nigeria's faltering 2026 FIFA World Cup qualifying campaign, vowing strategic reforms after disappointing results. Despite a promising draw, losses and draws highlight challenges under new coach Finidi George. The Nigeria Football Federation (NFF)...
Davido, the Nigerian Afrobeats sensation, faces controversy as colleague Portable accuses him of offering "bad advice" regarding music labels. Portable claims Davido steered him away from Sony Music to Empire, questioning Grammy prospects. Nigerian Afrobeats star Davido, known for his influence...
Chinese surgeon pioneers transcontinental telesurgery, performing a historic operation from Rome to Beijing using robotic arms. With minimal latency and precise execution, Professor Zhang Xu removes a prostate cancer lesion remotely, marking a breakthrough in medical technology and surgical...
In Delta State, a young man and his uncle were arrested for staging a fake kidnapping and extorting N5 million in Bitcoin from the victim's father. The incident highlights a disturbing trend of self-perpetrated crimes, prompting calls for vigilant parenting to prevent such behaviors. In Delta...
Meta, the tech giant behind Facebook, Instagram, and WhatsApp, is reducing its office space in Lagos, Nigeria, in response to global layoffs that affected its local team, including the entire engineering workforce. Meta, the parent company of Facebook, Instagram, and WhatsApp, is set to reduce...
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