U.S. Fintech, Mercury Bank, Adds Nigeria To List Prohibited From Opening Accounts
Mercury Bank, a United States-based fintech popular among African tech founders, has recently added Nigeria to its list of prohibited countries. This move...
Part-time University Teachers In Senegal To Stage Protests Over Salary, Status
Part-time teachers from Senegal’s public universities have disclosed plans to protest over their demand for improved status and timely payment of salaries. The...
Tanzanian Information Minister Dismissed For ‘Joking’ He Does Not Mind Rigging Elections
Tanzanian President Samia Suluhu Hassan has dismissed Information Minister Nape Nnauye following remarks he made suggesting the potential for election rigging. The comments,...
Customs Auction 26,625 Litres of Seized Petrol At N9000/25-litre Keg In Cross River
The Nigeria Customs Service (NCS) Cross River/Akwa Ibom Command has auctioned 26,625 litres of seized petrol to the public. This is according to...
Microsoft IT Outage: CrowdStrike Says ‘Significant Number’ Of The 8.5 Million Affected Devices Are Now Working
CrowdStrike has reported that a significant number of the devices affected by Friday’s software update glitch are back online. The outage, which hit...
Breaking: CBN To Take Over All Dormant Accounts For Treasury Bill Investments
The Central Bank of Nigeria (CBN) has issued new directives to banks and financial institutions regarding dormant accounts. The CBN will now take...
Nigeria’s FCCPC Hits Meta with $220 Million Fine For Data Use Violations
The Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta, the parent company of Facebook, WhatsApp, and Instagram, $220 million for violating...
Shareholders Condemn Tinubu’s Plan To Impose 50 Percent Windfall Tax on Banks’ Forex Gains
The New Dimension Shareholders Association of Nigeria (NDSA) has condemned the Federal Government’s decision to impose a 50 per cent windfall tax on...
CBN Resumes Dollar Sales To BDCs After Stopping In March
The Central Bank of Nigeria (CBN) has resumed the sale of dollars to Bureau de Change (BDC) operators. This decision came after a...
Customs Duty Exchange Rate Exceeds Official Rate Of N1581/$
The exchange rate utilised by the Nigeria Customs Service (NCS) for duties collection has surpassed the official closing rate of the Naira against...
Just In: Minister Of Education Orders JAMB, Institutions Not To Admit Anyone Below 18
Minister of Education, Professor Tahir Mamman, has mandated the Joint Admissions and Matriculation Board (JAMB) and all universities, polytechnics, and colleges of education...
Cardoso Warns High Interest Rates Will Persist If Inflation Keeps Rising
Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has cautioned that the CBN will keep interest rates high for longer if...