News

Remita Unveils Super App Putting Powerful Financial Management In Everyone’s Hands

The new app brings multi-banking, everyday payments and money management together in one place, giving users a simpler way to manage their finances from a single platform.

SEC Gives Companies October 15 Deadline For IFRS Sustainability Plans

Nigeria’s Securities and Exchange Commission has given public companies and significant public interest capital-market operators until October 15, 2026, to submit plans for adopting the IFRS Sustainability Disclosure Standards.

$3.5bn Education Lifeline As Nigeria, Italy Lead Global Push To Rescue 750m Children

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Global leaders and development partners have mobilised $3.5 billion in international commitments for education, as Nigeria and Italy took the lead in a renewed effort to close the financing gap confronting education systems and expand opportunities for hundreds of millions of children worldwide.

We’ve Executed 1,500km Roads, Paid ₦98bn In Inherited Gratuities – Gov Eno

Akwa Ibom State Governor, Pastor Umo Eno, has said his administration has undertaken, commissioned or continued work on more than 1,500 kilometres of roads and 43 bridges since assuming office in May 2023.

Akwa Ibom: Accugas Inaugurates Nigeria’s First Midstream Host Communities Development Trust

Accugas Limited, the Nigerian midstream subsidiary of Savannah Energy Plc, has inaugurated the Board of Trustees of its Host Communities Development Trust (HCDT), becoming the first midstream operator in Nigeria to inaugurate such a trust.

UK Banks Test Fix For Online Shopping’s ‘Pay First’ Problem

British banks have tested a way to connect online shopping. In a simulated marketplace purchase, funds were locked in the buyer’s account and released to the seller when the delivery condition was met.

CBN Cuts Rates But Late-Paying Customers Could Swallow Savings

The Central Bank of Nigeria’s reduction of its benchmark rate from 26.5% to 23% offers businesses a reason to watch for cheaper credit.

Microsoft Plans Over $10bn In Gulf AI And Cloud Investment

Microsoft plans to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait by 2030, expanding its cloud and artificial intelligence business while strengthening services against regional disruption.

Calabar Festival Unveils Digital Voting, Streaming Plans For 2026

The Calabar Festival is set to introduce digital streaming and online voting as part of efforts to expand public participation and give audiences a greater role in this year’s carnival.

NDLEA Busts Nigerian-Mexican Meth Cartel, Docks Kingpins Over Enugu Clandestine Lab

The National Drug Law Enforcement Agency (NDLEA) has dismantled a suspected transnational drug manufacturing network allegedly operated by Nigerian and Mexican nationals, following the discovery of a clandestine methamphetamine laboratory in Enugu State.