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Money makes the world go round, learn about those who spin the wheel

Business

‘Only 2,000 People Downloaded a CBN Document’: Cardoso Says Nigerians Don’t Read

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on Nigerians—particularly policymakers and stakeholders—to pay closer attention to critical...
Business

FG to Launch Pilot Overhaul of Two Failing DisCos in Nationwide Power Sector Reform

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Federal Government has unveiled plans to pilot a sweeping reform of the country’s electricity distribution sector, beginning with a major...
Business

Air Peace Flight Grounded After Colliding with Antelope on Runway

Jackson Kachi | Senior News Editor -
ASABA, Nigeria — An Air Peace aircraft was temporarily grounded on Saturday, May 10, 2025, after colliding with a large antelope on the runway...
Business

Bill Gates Slams Elon Musk’s Budget Slash as ‘Killing the World’s Poorest Children’

Ima Matthew | Sub Editor -
NEW YORK, USA - Billionaire philanthropist Bill Gates has sharply criticised fellow tech magnate Elon Musk, accusing him of endangering the lives of the...
Business

Gabon Confers Top National Honour on Tony Elumelu, Hailing His Impact Across Africa

Jackson Kachi | Senior News Editor -
LIBREVILLE, Gabon - Gabon’s President Brice Nguema has awarded Tony Elumelu, Chairman of United Bank for Africa (UBA) Plc and founder of the Tony...
Business

Paystack Fined ₦250 Million by Central Bank Over Peer-to-Peer App Zap

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria - The Central Bank of Nigeria (CBN) has imposed a ₦250 million (approximately $190,000) fine on Nigerian fintech giant Paystack for allegedly...
Business

Trump Tariffs: ‘Lesotho Exports $200 Billion’: Okonjo-Iweala Urges African Trade

Jackson Kachi | Senior News Editor -
WASHINGTON, USA - Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation (WTO), has urged African nations to enhance intra-regional trade and work towards...
Business

Tribunal Upholds $220 Million Fine Against Meta Over Consumer Violations in Nigeria

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria - The Competition and Consumer Protection Tribunal has upheld the $220 million fine imposed on Meta Platforms Incorporated by the Federal Competition...
Business

App-Based Drivers Plan May Day Strike Action, Demand Justice from Uber, Bolt, Others

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria - App-based transport workers in Nigeria, including drivers for ride-hailing platforms such as Uber, Bolt, Lagride, Indrive, and Rida, have announced a...
Business

Aliko Dangote Joins World Bank’s Elite Private Sector Investment Lab

Jackson Kachi | Senior News Editor -
WASHINGTON, USA – Aliko Dangote, president and CEO of Dangote Group, has been appointed to the World Bank’s prestigious Private Sector Investment Lab, a...
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