Month: October 2025

The immediate past Chief of Defence Staff (CDS), General Christopher Musa (rtd), has officially bowed out of active military service, declaring that he is leaving the stage with “pride and a clear conscience” after decades of meritorious service to Nigeria. Delivering his Valedictory Remarks during his Pulling Out Parade ceremony held on Friday in Abuja, […]

The Federal Government has unveiled the Nigerian Postal Service (NIPOST) Automated Payment Solution for inbound international parcels — a landmark initiative designed to eliminate long queues, hidden charges, and bureaucratic delays in postal and customs payment processes across Nigeria. The launch, held in Abuja, marks a significant milestone in the government’s ongoing digital transformation drive […]

A witness of the Economic and Financial Crimes Commission (EFCC) has told a Federal Capital Territory (FCT) High Court sitting in Abuja that the controversial naira redesign policy introduced by the Central Bank of Nigeria (CBN) under its former governor, Godwin Emefiele, caused severe hardship and public distress across the country. The witness, Chinelo Eneanya, […]

Spanish champions Barcelona have identified Nigerian striker Victor Osimhen as a possible long-term replacement for veteran forward Robert Lewandowski, who is expected to leave the Catalan club at the end of the current season. According to reports from Catalan outlet Mundo Deportivo, the La Liga champions have made signing a new striker a top priority […]

The Securities and Exchange Commission (SEC) has disclosed that Nigerians have lost an estimated N316 billion to Ponzi schemes and unlicensed fund managers over the years, attributing the rise of such scams to greed, ignorance, and low financial literacy. The Head of the SEC’s FinTech and Innovation Department, AbdulRasheed Dan-Abu, made this known at the […]

The Federal Inland Revenue Service (FIRS) has announced the introduction of a 10 percent withholding tax on interest income derived from short-term investment instruments, marking a major shift in Nigeria’s tax policy and signaling renewed efforts to widen the government’s non-oil revenue base. Under the new directive, banks, stockbrokers, discount houses, and other financial institutions […]

US semiconductor giant Nvidia has announced a $1 billion investment in Finnish telecommunications equipment maker Nokia, acquiring a 2.9 percent stake as part of an expanded strategic partnership between the two companies. The collaboration aims to accelerate the development of next-generation 5G and 6G technologies, integrating Nvidia’s advanced AI and graphics processing capabilities into Nokia’s […]

Global payments giant PayPal has entered a strategic partnership with OpenAI to integrate its digital wallet directly into ChatGPT, in a move expected to reshape how consumers shop and pay within AI-driven environments. The agreement, finalized over the weekend and confirmed exclusively to CNBC, will enable users to complete purchases seamlessly inside ChatGPT using PayPal’s […]

Scanfrost, one of Nigeria’s most trusted brands in home and kitchen appliances, has unveiled Guinness World Record–winning chef and celebrated culinary entrepreneur, Hilda Baci, as its newest brand ambassador. The partnership celebrates Hilda’s inspiring story of passion, excellence, and perseverance — values the company says align perfectly with Scanfrost’s long-standing commitment to reliability, innovation, and […]

Global tech giants Meta and TikTok have confirmed their readiness to comply with Australia’s new law banning children under the age of 16 from using social media platforms starting December 10, 2025. The landmark legislation, considered one of the strictest online safety measures in the world, will compel platforms including Facebook, Instagram, TikTok, YouTube, WhatsApp, […]