Bank of England Proposes New 2026 Rules for Stablecoins
The Bank of England unveils plans for a sterling-backed stablecoin regime to build trust and foster innovation in digital payments. Learn about the new proposals and limits.
Category : Business
Ghana Raises Minimum Wage to GH₵21.77 Daily
Ghana's government approves 9% salary increase for public sector workers and raises daily minimum wage to GH₵21.77 effective January 2026 to ease living costs.
PAACA Demands Suspension of 15% Fuel Import Tariff
PAACA calls for the suspension of the proposed 15% import tariff on petrol and diesel, warning it will cause scarcity, inflation, and strengthen a private refinery monopoly.
5 Bank Charges Ending in Nigeria from 2026
Nigerians will enjoy relief from 5 banking charges starting January 2026 under President Tinubu's tax reforms. Learn which fees are being eliminated and how it benefits you.
NEPC Campaign Against Paraquat in Nigerian Sesame
Nigerian Export Promotion Council intensifies fight against banned herbicide paraquat in sesame production following international buyer warnings. Join the move toward safe exports.
Digital Economy Bill to Become Law This Week
Nigeria's landmark Digital Economy and e-Governance Bill is set for presidential assent this week, promising to reshape the nation's digital landscape and accelerate economic growth.
Nigeria's First Methanol Plant Opens in Ondo State
Federal Government vows support for Nigeria's first methanol and ammonium bicarbonate plant in Ondo State, boosting local chemical production and creating jobs.
Ebonyi Nears Completion of Multi-Billion Naira Housing
Ebonyi State government confirms 98% completion of multi-billion naira housing estates, offering 140 homes for conflict-displaced families and civil servants by year-end. Discover the housing revolution.
Nigeria's 2025 Borrowing Exceeds Target by 55.6%
Federal Government borrowing hits ₦17.36 trillion, surpassing 2025 target by 55.6%. Experts warn of debt trap risks and economic consequences. Read full analysis.
Dano Milk 2026 Paid Internship For Nigerian Graduates
Arla Foods launches Dano Milk 2026 internship program for Nigerian graduates with monthly stipends. Apply now for career development in FMCG sector.
$500m World Bank Loan for Nigerian MSMEs via DBN
Federal Government secures $500 million World Bank loan for MSMEs through DBN. Learn how this impacts small businesses and Nigeria's economy.
Firm recruits 500 builders to tackle housing deficit
Homes on Demand announces recruitment of 500 certified builders and developers to revolutionize Nigeria's housing sector through a new tech-powered ecosystem. Pre-register now!
Navy rescues 10 from distressed vessel in Calabar
The Nigerian Navy saved 10 crew members from the sinking MV SEMA III near Calabar. Read about the dramatic rescue and the Navy's enhanced maritime security efforts.
BBC Jewish staff accuse corporation of ignoring anti-Semitism
Over 200 Jewish BBC staff demand accountability, accusing the BBC Board of ignoring their pleas for an anti-Semitism probe. Read the full story and join the call for action.
CBN Releases Highest Savings Interest Rates for Banks
Central Bank of Nigeria discloses updated savings deposit rates showing banks now pay average 8.25% interest. Discover which banks offer the highest returns on your savings.
FCT-IRS Acting Chairman Prioritizes Staff Welfare
FCT-IRS Acting Chairman Michael Ango commits to staff welfare, salary reviews, and automation reforms during 'A Night with Ango' event in Abuja. Read about the Service's transformation.
Seplat Energy earns ISO 45001:2018 Certification
Seplat Energy PLC has secured the ISO 45001:2018 certification, reinforcing its commitment to operational excellence and workforce wellbeing. Discover how this milestone sets a new safety benchmark in Nigeria's energy sector.
Firm to Recruit 500 Builders for Nigeria Housing Deficit
PropTech platform 'Homes on Demand' plans to recruit 500 certified builders and developers to tackle Nigeria's housing deficit through a transparent, tech-driven ecosystem.
NDIC empowered to prosecute bank failure culprits
NDIC CEO announces enhanced legal powers under NDIC Act 2023 to prosecute those responsible for bank failures. New framework speeds up liquidation processes.
Nigerian Banks Paid ₦644bn Staff Salaries in 2025
Access Bank, Zenith, UBA, GTCO, and Stanbic IBTC spent ₦644.01 billion on personnel expenses in 2025, marking a 30.58% increase from previous year as competition for talent intensifies.
LivingTrust Named Mortgage Bank of the Year 2025
LivingTrust Mortgage Bank Plc secures 'Mortgage Bank of the Year 2025' award at Africa Fast Growth Brands event. The recognition highlights their exceptional performance in Nigeria's housing finance sector. Discover how they achieved this milestone!
FCTA's 14-Day Ultimatum for Abuja Land Use Compliance
FCT Minister Nyesom Wike gives property owners in Abuja's elite districts a final 14-day grace period to pay N5 million violation fee and regularize land use documents or face enforcement.
China suspends port fees on US vessels for one year
China suspends special port fees on US vessels for one year following trade talks with Washington. This marks latest thaw in economic relations between superpowers.
Summit calls for policy alignment, finance for agribusiness
Stakeholders at the 2025 Agricultural Youth Summit demand policy coherence and innovative financing to unlock Nigeria's agribusiness potential and tackle food security.
Assinie: From Club Med to Ivorian Riviera
Discover how Assinie transformed from European tourist paradise to West Africa's luxury playground. Learn about the rise of the Ivorian Riviera and its billionaire residents.
China Lifts Sanctions on Hanwha US Subsidiaries
China suspends sanctions on US units of South Korea's Hanwha Ocean for one year, marking a step in the US-China trade truce. Learn the details and implications.
Nigeria loses $8b yearly to idle seafarers
Nigeria suffers $6-8 billion annual freight loss due to delayed CVFF disbursement and unemployed seafarers. Indigenous fleet collapses from 24 to 4 vessels. Learn how this crisis affects our economy.
Nigeria, IMF Discuss Reforms & New Development Plan
Nigeria and the IMF held talks on economic reforms and the new National Development Plan. The government also approved new policies to revolutionise the civil service.
JETRO: Japanese Firms Deepen Nigeria Partnerships
JETRO MD reveals growing Japan-Nigeria business partnerships, with 47 firms at the Lagos Trade Fair. Discover how this boosts trade and investment opportunities.
NDPHC Calls Industries to Direct Power Supply Scheme
NDPHC urges Nigerian industries to join Eligible Customer Programme for stable power. Access 6-20MW directly from generation companies. Boost production with reliable electricity.
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