CBN warns banks, fintechs to tighten sanctions list checks
The Central Bank of Nigeria (CBN) has issued a strong reminder to banks, payment service banks, and fintech companies on the need to reinforce their sanctions compliance frameworks or risk regulatory sanctions. In a letter dated April 17, 2025, and…
China Halt US LNG Import Amid Escalating Tensions
China has halted all imports of liquefied natural gas (LNG) from the United States for more than ten weeks According to the Financial Times, shipping data revealed that no LNG shipments have taken place between the two nations since a…
Meet the longest serving king in Nigeria who has ruled for over 6 decades
Meet the longest serving king in Nigeria who has ruled for over 6 decades. Oba Sikiru Kayode Adetona, the Awujale of Ijebu Kingdom, was installed as king on April 2, 1960, just months before Nigeria gained independence. If there’s a…
Nigeria Cuts Power Supply To Niger Republic
The Federal Government of Nigeria has reduced electricity exports to Niger Republic by 42 percent, cutting supply from 80 megawatts to 46 megawatts. The decision, rooted in ongoing regional tensions, has significantly impacted Niger’s national power output. The reduction…
Africa tired of being poor, Adesina seeks end to raw commodity exports
The President of the African Development Bank, Dr. Akinwumi Adesina, has called on African nations to put an end to the export of raw materials if the continent is to overcome poverty and underdevelopment. According to data from the…
Gov Otti calls for speedy completion of Eastern railway corridor
Governor Alex Otti of Abia State has urged the Nigeria Railway Corporation, NRC, to facilitate the speedy completion of the Eastern railway corridor. Otti spoke when he received in the audience a delegation of the NRC led by the new…
Gabon striker Boupendza dies after 11th floor fall in China
Gabon striker Boupendza dies after 11th floor fall in China. Gabon international striker Aaron Boupendza died on Wednesday at the age of 28 when he fell from the 11th floor of a building in China, according to the national football…
Nigerian founder Solape Akinpelu wins $30,000 at Aurora Tech Award
Solape Akinpelu, the founder of Hervest, has clinched a cash prize of $30,000 after being named the winner of the 2025 Aurora Tech Award. Akinpelu and Manzo Nyifamu Ogechi, founder of Farmatrix, were the only Nigerians among the top 10…
People fear savings lost as investment app freezes them out
Angry Nigerians are turning to social media to describe how they have been locked out of their accounts on the digital financial platform, CBEX. People have posted videos of themselves crying, saying that they could not withdraw their investments and…
Lamine Yamal named only club who could stop Barcelona from winning the Champions League but was proven wrong
Lamine Yamal has already been proven wrong after naming the only club that could prevent Barcelona from winning the Champions League. Hansi Flick’s men are one step away from the semi-final of Europe’s premier club competition, with German outfit Borussia…