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The Central Bank of Nigeria (CBN) is taking a bold step to modernise how financial institutions detect and prevent money laundering. On May 20, 2025, the apex bank released a draft framework introducing advanced anti-money laundering (AML) standards powered by artificial intelligence (AI) and machine learning (ML). The circular gives financial institutions just 12 months […]
1.0 Introduction Across generations, it has been said that information is power. While this truth remains unchanged, the digital age has shifted the global perspective towards the realisation that data is a valuable currency. In a world that relies on data for global development, the importance of data to the digital age is such that […]
Ngugi wa Thiong’o, one of Kenya’s most famous authors and a giant of African literature, passed away on Wednesday at age 87. His daughter broke the news on X. “It is with a heavy heart that we announce the passing of our dad, Ngugi wa Thiong’o this Wednesday morning,” wrote Wanjiku Wa Ngugi. “He lived […]
MTN Nigeria Communications Plc has seen its rating outlook upgraded to stable by the Global Credit Rating Limited (GCR). This implies that both long-term and short-term bond obligations have ratings of AAA and A1+ as disclosed in a public disclosure published on the Nigerian Exchange (NGX) on May 28, 2025. “The affirmation of the AAA […]
The most exceptional leaders understand a fundamental truth: their legacy isn’t measured by their own achievements alone but by the leaders they develop and leave behind. Great leaders create opportunities for their team members to experience what leadership is about. They allow them to function in roles that expose them. They give them tasks that […]
A 12-year-old, Chiderije Mah, has emerged as a one-day managing director/CEO of Wema Bank, an initiative aimed at nurturing the next generation of leaders. The management of the financial institution unveiled Chiderije at the bank’s head office, Lagos, on Tuesday, May 27, in commemoration of the 2025 Children’s Day, in a demonstration of its 3rd […]
A deadly explosion rocked Nigeria’s Federal Capital Territory on Monday, killing one person and injuring another near the Mogadishu Barracks along the Mararaba-Nyanya Bypass. The incident, which occurred around 2:50 p.m., triggered panic among residents and commuters in the area. According to eyewitness accounts, including a military personnel who spoke on condition of anonymity, the […]
A man has been arrested after a car was filmed ploughing into Liverpool supporters near the club’s Premier League trophy parade.Footage shared on social media appeared to show a grey Ford Galaxy ramming into the crowd of supporters in the heart of the city centre.Several people are understood to have been injured, some of whom […]
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has seized expired, unregistered and unwholesome food and cosmetic products valued at over ₦350 million during a crackdown across Kano metropolis. The agency in a post on X said it intensified enforcement efforts in response to growing concerns over the proliferation of […]
National security, traditionally associated with territorial defence and law enforcement, has evolved into a modern multidimensional concept that includes economic resilience, food security, public health and, crucially, energy security. As Funmi Olonisakin, Professor of Peace and Conflict Studies at King’s College, London, suggests, the modern concept of national security, in plain terms, is the totality […]