ECONOMY, OPPORTUNITIES, TECH
African Startups Raise $254 Million in May 2025
June 11, 2025
Startups across Africa secured a total of $254 million in May 2025, marking a slight decline from April but a better performance compared to March. While the May figure does not break records, it pushes...
OPay Deepens CSR Footprint With Scholarship Expansion To Benue State University
June 11, 2025
OPay, has announced the expansion of its ₦1.2 billion scholarship programme to Benue State University, The move marks Benue State University as the seventh beneficiary of the company’s ambitious 10-year initiative aimed at alleviating the...
How to Fill Rapid Response Register (RRR) and National Social Register (NSR) ₦75,000 Cash Transfer Form in 2025 – Over 60 Million Already Listed, Check If You Qualify
June 9, 2025
Millions of Nigerians are asking how to apply for the ₦75,000 cash transfer in 2025. With more than 60 million people already listed under the Rapid Response Register (RRR) and National Social Register (NSR), the...
CBN Devalues Naira to ₦3,000/$1 as Black Market Rate Surges to ₦4,200
June 8, 2025
The Central Bank of Nigeria (CBN) has officially devalued the naira to ₦3,000 per US dollar at the Investors’ and Exporters’ (I&E) window, marking the most significant currency adjustment in Nigeria’s history. The announcement was...
SEC Declares PUNISHER COIN Illegal, Warns Public Against Risky Meme Coin Investment
June 8, 2025
The Securities and Exchange Commission (SEC) has declared a new meme coin, ‘PUNISHER COIN’ (also known as ‘SPUN’), illegal and not approved for public issuance in Nigeria. In a public notice released on Saturday, the...
Naira appreciates massively against dollar across official, black markets
June 6, 2025
The naira appreciated massively against the dollar across the official and parallel foreign exchange markets on Thursday, ahead of the Eid al-Adha celebration on Friday. Central Bank of Nigeria exchange rate data indicated that it...
Afreximbank and BOI Sign $75 Million Deal to Boost Nigeria’s Local Drug Manufacturing
June 6, 2025
The African Export-Import Bank (Afreximbank) and Nigeria’s Bank of Industry (BOI) have signed a $75 million financing term sheet to support local drug and medical equipment manufacturers under Nigeria’s Presidential Initiative for Unlocking the Healthcare...
Nigeria Officially Adopts Bitcoin as Legal Tender
June 6, 2025
Nigeria has officially adopted Bitcoin as a legal tender alongside the naira, marking a historic moment for the country and the African continent. In a national address, President Bola Ahmed Tinubu announced that this decision...
Netflix Hikes Subscription Prices in Nigeria again, Premium Plan Now N8,500
June 5, 2025
Streaming service Netflix has increased its subscription prices in Nigeria for the third time in just over a year, as part of what it calls a global pricing strategy. The new rates, which reflect hikes...
FG, FAO Launch N200 Million Aquaculture Boost to Cut Fish Importation
June 4, 2025
The Nigerian government, in partnership with the Food and Agriculture Organization (FAO), has launched a N200 million support scheme to expand fish farming in the country and reduce its heavy reliance on imported fish. Unveiled...
