FirstBank has announced a temporary disruption to its major digital banking channels, leaving some customers unable to complete transactions. In a notice issued on Thursday, […]
Category: Economy
Economy
Nigeria’s Loan Apps Turn ‘Quick Fix’ Into Nightmare for Cash-Strapped Citizens
Desperate for N30,000 (about $20), Mariam Ogundairo turned to a loan app that promised fast cash. Within minutes, the money arrived—burdened with a 21.6% interest […]
Unions Decry ‘Slave Camp’ Factories, Rising Casualisation at 33rd Industrial Relations Seminar
At the 33rd Annual Industrial Relations Seminar of the National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Products Employees (NUCFRLANMPE), labour leaders raised alarm […]
Nigeria’s N3.5trn Education Budget Falls Short: Teachers’ Pay Gap Threatens Future of Learning
A new report has revealed that Nigeria’s 2025 education budget leaves a gaping hole in teachers’ welfare, warning of severe consequences for the quality of […]
“Nigeria’s Tax System Set for Historic Overhaul” — Prof. Teju Somorin
Professor Olateju Somorin, popularly known as Teju Tax, has hailed Nigeria’s latest tax reforms as the most far-reaching in the nation’s history, describing them as […]
Dangote Group Denies Ownership of Truck in Fatal Crash, Vows Action on Logo Misuse
The Dangote Group has distanced itself from a truck involved in a fatal accident on the Aba–Abuja route, dismissing reports that the vehicle belonged to […]
US Pledges $32.5m to Feed Conflict-Hit Nigerians
The United States Government has donated $32.5 million to the World Food Programme (WFP) to boost food and nutrition support for communities affected by conflict […]
UK to Ban Energy Drink Sales to Under-16s Over Health Concerns
The UK government has announced plans to ban the sale of high-caffeine energy drinks—including well-known brands like Red Bull—to anyone under the age of 16 […]
Bauchi Govt, UNICEF Commit N600m to Fight Child Malnutrition
The Bauchi State Government has released ₦300 million to the Child Nutrition Fund managed by UNICEF, as part of renewed efforts to tackle malnutrition among […]
Judge Blocks U.S. Bid to Break Up Google Chrome, Orders Sweeping Antitrust Remedies
A U.S. federal judge on Tuesday rejected government calls to force Google to sell its Chrome browser but imposed sweeping measures aimed at restoring competition […]