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Microsoft lays off over 300 staff in fresh round of job cuts
Microsoft has laid off over 300 employees as part of a fresh round of job cuts.
According to Bloomberg, the latest layoffs,…
Naira hikes to N1,620/$ in parallel market
The naira experienced a depreciation in the parallel market on Tuesday, dropping to N1,620 per dollar from Monday's rate of N1,610…
Recapitalisation: BDC operators seek extension as deadline approaches
Bureau De Change (BDC) operators have appealed to the Central Bank of Nigeria (CBN) to extend the recapitalisation deadline and…
DMO opens 17% rates FGN savings bonds subscription for June
The Debt Management Office (DMO) has launched the June 2025 Federal Government of Nigeria (FGN) savings bonds, offering interest…
Ex-NPA MD, Bala Usman, BUA Group trade words over port concession deal
Former Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman and BUA Group have locked horns over the…
Access Bank completes acquisition of National Bank of Kenya
Access Bank has announced the completion of the acquisition of the National Bank of Kenya (NBK) from KCB Group Plc, marking the…
Cardoso honored as Central Bank Governor of the Year
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has been awarded Central Bank Governor of the Year at the…
Money supply hits record ₦119tn in April 2025
Nigeria’s broad money supply surged to an all-time high of ₦119.11 trillion in April 2025, marking one of the sharpest monthly…
SEC urges Nigerians to avoid Ponzi Investments
The Securities and Exchange Commission (SEC) has raised renewed concerns over Nigerians’ persistent interest in Ponzi schemes,…
JUST IN: AfDB elects new president as Nigeria’s Adesina bows out…
The African Development Bank (AfDB) Group has elected Sidi Ould Tah of Mauritania as its new president.
Tah was elected on…