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UBA chief explains dividend pause as CBN rule forces ₦331bn hit

United Bank for Africa has explained why it did not declare a final dividend...

IPCC experts meet in Rome to advance 2027 climate emissions report

More than 130 scientists from over 50 countries have gathered in Rome to push...

CBN increases ATM card replacement fee, scraps maintenance charge

The Central Bank of Nigeria (CBN) has increased the fee for issuing or replacing...

Meta to cut 10% of staff as Facebook owner pivots to AI

Meta Platforms is preparing to lay off about 10% of its workforce – roughly...

Tinubu seeks $516m loan for Sokoto-Badagry highway as Nigeria’s debt mounts

President Bola Tinubu has asked the Senate to approve a fresh $516.3 million external...

EU says 35m Nigerians need emergency food aid, offers €33m grant

The European Commission on Wednesday announced a €235 million humanitarian aid package for West...

Nigeria stock exchange NGX extends daily trading time by two hours

Nigeria’s main stock exchange is lengthening its trading day, in a shift aimed at...

Goldman Prize honors six grassroots environmental leaders

The Goldman Environmental Foundation has announced six recipients of the 2026 Goldman Environmental Prize,...

Flutterwave denies reported $75m Nigerian govt investment

Flutterwave has denied reports that it is set to receive a $75 million investment...

15 seized in Calabar–Oron waterway attack amid rising coastal insecurity

Gunmen have abducted at least 15 passengers travelling by boat between Calabar and Oron,...

Presidency removes post on $75m Flutterwave investment amid questions

A social media post from the Nigerian presidency claiming a planned $75 million government...

MTN Nigeria awards staff over 6 million shares worth about N5bn

MTN Nigeria Communications Plc has awarded more than 6 million shares to employees under...

Nigerian airlines suspend shutdown plan over fuel crisis

Nigerian airlines have paused a planned nationwide shutdown of flight operations after government intervention,...

IPCC begins work on 2027 report on carbon removal technologies

The Intergovernmental Panel on Climate Change has begun work on a major new report...

Oil plunges 11% as Iran opens Strait of Hormuz

Oil prices tumbled sharply on Friday, falling about 11% after Iran signalled that shipping...

Nigerian airlines warn of shutdown as jet fuel prices surge

Nigerian airlines have threatened to suspend flight operations from Monday, April 20, if the...

World Bank quietly deletes Nigeria fuel import advice after Dangote backlash

The World Bank has quietly removed a controversial policy recommendation that urged Nigeria to...

Nigerians charged in $100m U.S. tax refund fraud scheme

U.S. prosecutors have charged two Nigerians over an alleged scheme to defraud the Internal Revenue...

Iran war may push 32 million into poverty with Africa among hardest hit

The economic fallout from the ongoing Iran war could push more than 32 million...

Oil jumps above $100 as U.S. blockades Iran

Oil prices surged above $100 a barrel on Monday after the United States ordered...