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Good news as Nigeria repays Chinese, World Bank, other loans, breakdown shows external debts
The Nigerian government spent about $5.3 billion in debt service from January to December 2023, according to new data from DMO, which says Nigeria now owes N97.38trn
"N1,000/$": BDCs Speak on dollar selling lower in black market than official market
Black market dealers have said there is no truth in the report that the naira has crashed below N1,300 in the black market, saying the reported crash is a hoax.
Access, Zenith, other banks set to make changes to savings accounts as CBN takes special action
Commercial banks in Nigeria are expected to respond to the recent MPR hike by the Central Bank of Nigeria (CBN) to raise interests rates on savings accounts.
"Bobrisky is not a hero but a horror": Portable Zazu leaks chat with Eniola Ajao, she begs him
Yoruba actress Eniola Ajao recently entered into controversial singer Portable Zazu's DM, where she tendered an apology for awarding Bobrisky best-dressed.
"Ikorodu Bois are not competitors": Incredible Kids manager, Maliki Emmanuel opens up about group
Maliki Emmanuel, manager of the trenches kids group, Incredible Kids has shared details on how he formed the group and how he has been single-handedly funding them.
Asian markets mixed after Fed official floats rate cut delay
Asian investors trod carefully Thursday after a Federal Reserve official floated the idea of delaying or reducing interest rate cuts, while the yen held gains having briefly hit a 34-year low the day before. That comment came a week after the bank lifted interest rates for the first time in 17 years as it shifts away from its long-running ultra-loose monetary policy.
Macron and Lula's 'bromance' sets social media fans alight
Wedding photos or a diplomatic visit? "They are going to marry in the Amazon and have their honeymoon in Paris," joked one user on X, while others said pictures from the trip could make up a wedding album.
China's Xiaomi to enter cut-throat EV market for the first time
Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
Crypto fraudster Bankman-Fried faces sentencing
Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history. "It is about what was the fraud when he was convicted."
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