Sunday, June 8, 2025

Jane Kalu

Petrol use in Nigeria falls after subsidy removal, regulator says

Average daily petrol consumption in Nigeria has fallen by 28 percent after President Bola Tinubu ended subsidy on the fuel over a month ago,...

Threads has a baggage: Delete Threads, lose your Instagram account

Meta launched its widely anticipated social networking app Threads on Thursday, offering users hopes of quality service and presenting the biggest threat yet to...

10 million sign up as ‘Twitter-killer’ app Threads goes live

Threads, Meta’s latest social media offering, designed to take on Twitter, has gone live with at least 10 million users signing up in its...

Bank of America sees Nigeria inflation at 30% after subsidy removal

Consumer prices in Nigeria are likely to rise by 30% by the end of the year from 22.4% in May, after petrol prices rose...

Online bank Eyowo lays off workers as it pivots after CBN revoked licence

Digital bank Eyowo says it is laying off 11% of its workforce as it changes its business model to financial intelligence following the revocation...

Latest Stories

Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...
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