Business

In a move aimed at tightening the management of foreign exchange, the Central Bank of Nigeria (CBN) has announced that it will no longer approve requests for the extension of repatriation of export proceeds by authorised dealers on behalf of their customers. The decision, which is effective immediately, was disclosed in a circular signed by […]

Fidelity Bank and First Bank of Nigeria (FBN) have the majority stakes in listed and unlisted equities at fair value in C&I Leasing Plc, a leasing and business services conglomerate in Nigeria. Fidelity Bank and First Bank of Nigeria hold 46 percent and 27.6 percent respectively in equities at fair value while Access Bank Plc […]

The Federal Government has upgraded the Medium Security Custodial Centres in Kuje and Suleja to improve the living conditions and rehabilitation of inmates. Speaking during the facility tour on Tuesday, Sylvester Nwakuche, the acting controller-general of the Nigerian Correctional Service (NCoS), attributed the upgrades to the renewed hope of President Bola Tinubu’s administration. According to […]

While Afrobeats and Amapiano have been the dominant genres in previous years, gaining international recognition and expanding their listener base with each new release, Spotify data for 2024 reveals that a wider range of African music genres are also capturing global attention. From Ghana’s Hiplife to Alte in Nigeria, here are African music genres that […]

Passports are more than travel documents; they represent a nation’s global mobility and diplomatic strength. In 2025, Singapore has emerged as the holder of the world’s most powerful passport, granting its citizens unparalleled access to a record number of destinations without a visa or with visa-on-arrival privileges. The rankings, which reflect the level of mobility […]