W’Bank Approves $1.08bn for Education, Nutrition, Economic Boost in Nigeria  The World Bank has approved three financing operations totalling $1.08bn to support education, nutrition, and economic resilience in Nigeria. According to a statement on the bank’s website on Wednesday, the concessional loans are aimed at improving...

NNPCL Increases Petrol Price to N950 per litre  The Nigerian National Petroleum Company Limited has raised the pump price of Premium Motor Spirit also known as petrol to N925 per litre at its retail stations in Lagos and N950 per litre in Abuja. The new price...

CBN Debunks Claim of Introducing N5,000, N10,000 Banknotes The Central Bank of Nigeria (CBN) has dismissed claims that it has introduced new N5,000 and N10,000 notes, labeling the reports as false. In a statement posted on X on Wednesday, the apex bank debunked the rumors, stating:...

Trump Hikes General Import Tariff to 10%, 24% for Japan, 20% EU President of the United States of America, Donald Trump, on Wednesday announced that his government will impose a 10% tariff on all imports and much higher rates for some nations as a stark...

Sterling Bank Scraps Transfer Fees on Digital Transactions In a bold move to redefine customer-centric banking, Sterling Bank has scrapped transfer fees on all local online transactions, making it the first major Nigerian bank to eliminate the widely debated charges. The bank’s Growth Executive for Consumer...

Demand for African Airlines Rises 6.7% in One Year - IATA The International Air Transport Association has said African airlines saw a 6.7 per cent year-on-year increase in demand in February 2025 when compared to the same period in 2024. IATA also said that global total...