Business
FG introduces 4% unified import charge to replace multiple hidden fees
The Federal Government has introduced a new, simplified import fee structure, replacing the previous…
CBN retains 27.5% interest rate, eight banks meet recapitalisation target
By Deborah Nnamdi The Central Bank of Nigeria (CBN) has maintained the Monetary Policy…
Naira strengthens to N1,537/$ in parallel market
By Deborah Nnamdi The Naira appreciated to N1,537 per dollar in the parallel market…
Femi Otedola set to launch new book ‘Making It Big’ August 18
By Deborah Nnamdi Nigerian billionaire and business magnate, Femi Otedola, has announced the upcoming…
PalmPay, Moniepoint, OPay among CNBC’s top global fintechs of 2025
By Deborah Nnamdi Five Nigerian fintech companies—PalmPay, Moniepoint, OPay, Piggyvest, and Interswitch—have been named…
Huawei surges to lead China’s smartphone market, Apple falls to fifth
By Deborah Nnamdi Huawei has regained its position as China’s leading smartphone brand for…
Meta deletes 500,000 Facebook accounts in major crackdown on content fraud
By Deborah Nnamdi Meta has launched a sweeping crackdown on content fraud across Facebook,…
Data use soars to 1.04 million terabytes in Nigeria despite fewer internet subscribers
By Deborah Nnamdi Nigerians consumed a record-breaking 1.04 million terabytes of data in May…
Meta acquires voice AI startup Play AI to advance audio innovation
By Deborah Nnamdi Meta, the parent company of Facebook and Instagram, has acquired Play…
