News

News

Afreximbank to recruit 250,000 workers for proposed $5 billion Textile Facility in Nigeria

The African Export-Import Bank (Afreximbank) is poised to revolutionize Nigeria’s industrial landscape with the development of a massive textile facility expected to employ 250,000 workers, as part of a $5…

Esther June 30, 2025

News

Nigeria ranks third in Africa for ransomware threat detections in 2024 – INTERPOL 

Ransomware attacks are escalating rapidly across Africa, with Nigeria ranking third on the continent after Egypt and South Africa, recording 3,459 threat detections in 2024 alone. This is according to…

Esther June 29, 2025

News

New tax reform laws inspire billionaire businessman Femi Otedola to invest more in Nigerian economy

President Bola Tinubu recent signing of four critical tax reform bills into law has sparked renewed optimism within Nigeria’s investment landscape. Billionaire businessman Femi Otedola announced his plans to expand…

Esther June 28, 2025

News

Expert reveals “real reason” behind Dangote’s deployment of 4,000 CNG trucks 

Africa’s richest man and President of Dangote Group, Aliko Dangote, recently unveiled 4,000 Compressed Natural Gas (CNG)-powered trucks to enhance petroleum product distribution nationwide. However, financial expert and KSBC Knowledge…

Esther June 28, 2025

Health

NDLEA Destroys Massive Cannabis Plantation in Cross River, Arrests 191 for Drug Crimes

The National Drug Law Enforcement Agency (NDLEA) has uncovered and destroyed a sprawling 30-hectare cannabis sativa (Indian hemp) plantation hidden within a forest in Odukpani Local Government Area, Cross River…

Esther June 28, 2025

News

Wilmar buys out PZ Cussons in $70M deal to fully own PZ Wilmar 

Lagos, Nigeria June 18, 2025  PZ Cussons PLC and Wilmar International Limited have reached a definitive agreement under which Wilmar will acquire PZ Cussons’ 50% equity stake in their joint…

Esther June 18, 2025

News

NSIPA denies ongoing beneficiary payments, warns public against fake social media post 

The National Social Investment Programme Agency (NSIPA) has debunked recent social media reports claiming that payments are currently being made to beneficiaries of its programmes. The agency described these claims…

Esther June 18, 2025

Breaking News

Nigeria risks losing $10 million in World Bank credit over audit and project delays 

The Federal Government of Nigeria is on the verge of forfeiting $10 million in funding from the World Bank due to critical shortcomings in project execution, including failure to meet…

Esther June 11, 2025

News

New Zealand Launches 10-Year ‘Parent Boost Visa’ to Reunite Migrant Families

In a major move to support family reunification, New Zealand will introduce the new Parent Boost Visa on 29 September 2025, enabling parents of migrants to stay in the country…

Esther June 11, 2025

Breaking News

Nigerian banks begin deduction of USSD transaction charges from customer airtime 

Effective June 3, 2025, customers of Deposit Money Banks (DMBs) in Nigeria will begin paying for USSD banking transactions through their mobile airtime instead of their bank accounts. This change…

Esther June 4, 2025