The Central Bank of Nigeria (CBN) has imposed fines totaling ₦150 million on several commercial banks for failing to keep their Automated Teller Machines (ATMs) stocked with cash. This regulatory move aims to address the persistent cash shortages affecting millions of Nigerians. However, the root causes of the issue extend […]
The Central Bank of Nigeria (CBN) has reiterated the requirements outlined in its Guidelines on Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks and Other Financial Institutions in Nigeria 2024. Under these guidelines, banks and select financial institutions are mandated to publish details of dormant accounts, […]
15-year-old Ikenna Ikechukwu from Glorious Covenant School, Rivers State, has emerged as the champion of the 2024 MTN mPulse Spelling Bee. His victory in the nationwide competition, which saw over 34,000 students compete, earned him not only the prestigious title but also the unique opportunity to serve as MTN Nigeria’s […]
PalmPay marked the Valentine’s season with a special 7-day campaign aimed at giving back to its customers. While many took to social media to share gifts from loved ones, PalmPay made the season truly unforgettable with surprise giveaways, luxury experiences, and personal interactions. By bringing joy to its customers both online […]
The 2025 budget, which was approved last week and increased recurring spending while decreasing capital expenditures, was examined by the National Assembly on Tuesday. The MPs claimed that some mistakes in the approved budget made the review essential. While recurring expenditures increased by the same amount, capital expenditures were cut […]
Ademola Lookman’s penalty-taking skills have come under heavy fire from Atalanta boss Gian Piero Gasperini after the team’s 3-1 loss to Club Brugge in the Champions League knockout round play-offs. The Nigerian forward missed a vital penalty that would have given his team a chance to rally after he had […]
Alhaji Aliko Dangote, the president of the Dangote Group, increased his wealth from $13.4 billion to $23.9 billion, making him the 86th richest man in the world. This comes a year after the $20 billion Dangote Petroleum Refinery opened in Lagos. Forbes, which lists the Nigerian businessman as the richest […]
The National Data Protection Commission (NDPC) and the Nigerian Communications Commission (NCC) have jointly established the Data Protection in Telecommunications Working Group (DPTWG), Cyber Era NG has learned. The National Commissioner and CEO of the NDPC, Dr. Vincent Olatunji, officially inaugurated the working group, expressing his enthusiasm for the collaboration […]
Alhaji Atiku Abubakar, the Peoples Democratic Party’s presidential candidate in the general election of 2023, has vehemently denounced the Department of State Services’ presence at the Lagos State House of Assembly on Monday. Atiku called the security deployment “utterly reprehensible” in a statement that was uploaded to his X […]
African Voices, the 30-minute magazine programme sponsored by Globacom, will shine the spotlight on two remarkable African figures in its latest edition. The episode, which began airing on DSTV Channel 401 on Saturday, features Nigerian Afrobeats and reggae-dancehall sensation Patoranking, alongside Derrick Cobbinah, a Ghanaian humanitarian dedicated to rehabilitating war […]