Naira shed 2.6% in March despite $668m CBN intervention

The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the latest Afrinvest Monthly Market Report titled ‘Analysing Global and Nigerian Economies & Financial Markets’, the naira dropped to N1,536.82/$ and N1,530.00/1.00
Read More

The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the latest Afrinvest Monthly Market Report titled ‘Analysing Global and Nigerian Economies & Financial Markets’, the naira dropped to N1,536.82/$ and N1,530.00/1.00

Read More

Dennis to make injury return next week

Nigerian forward Emmanuel Dennis is expected to make his return to action next week, Blackburn Rovers manager Valerien Ismael has confirmed. The Nottingham Forest loanee, who has missed Rovers’ last two Championship fixtures against Portsmouth and Middlesbrough due to injury, will be joined by fellow sidelined teammates Callum Brittain and Augustus Kargbo in what will
Read More

Nigerian forward Emmanuel Dennis is expected to make his return to action next week, Blackburn Rovers manager Valerien Ismael has confirmed. The Nottingham Forest loanee, who has missed Rovers’ last two Championship fixtures against Portsmouth and Middlesbrough due to injury, will be joined by fellow sidelined teammates Callum Brittain and Augustus Kargbo in what will

Read More

Stakeholders to discuss $180bn African digital economy at summit

Business executives, government officials, and experts will gather in Abuja, Nigeria, from August 12 to 14, 2025, to discuss the future of Africa’s digital economy at the African Digital Economy and Inclusivity Conference. The conference, themed “AI and Africa’s Digital Economy: Leaving No One Behind”, will address how technology, particularly artificial intelligence, can contribute to
Read More

Business executives, government officials, and experts will gather in Abuja, Nigeria, from August 12 to 14, 2025, to discuss the future of Africa’s digital economy at the African Digital Economy and Inclusivity Conference. The conference, themed “AI and Africa’s Digital Economy: Leaving No One Behind”, will address how technology, particularly artificial intelligence, can contribute to

Read More

Strategy, not size, drives digital media influence in Africa – Report

Digital media influence in Africa is being shaped more by strategic platform execution than population size, according to a new report released by SquirrelPR on Monday. In a statement announcing the release of its annual RANKED2025 report, the company said the performance and reach of digital news platforms across the continent are increasingly determined by
Read More

Digital media influence in Africa is being shaped more by strategic platform execution than population size, according to a new report released by SquirrelPR on Monday. In a statement announcing the release of its annual RANKED2025 report, the company said the performance and reach of digital news platforms across the continent are increasingly determined by

Read More

Samsung partners Netflix to enhance viewing experience

Samsung Electronics has announced a new collaboration with Netflix to bring an enhanced viewing experience to users. The partnership will integrate Netflix’s vast library of shows and movies with Samsung’s HDR10+ technology, now available on 2025 Samsung Neo QLED, OLED, and Lifestyle TVs, as well as select 2024 monitor models. “HDR10+ enhances the way we
Read More

Samsung Electronics has announced a new collaboration with Netflix to bring an enhanced viewing experience to users. The partnership will integrate Netflix’s vast library of shows and movies with Samsung’s HDR10+ technology, now available on 2025 Samsung Neo QLED, OLED, and Lifestyle TVs, as well as select 2024 monitor models. “HDR10+ enhances the way we

Read More

Man deported in error gets reprieve as US Supreme Court halts deadline

The United States Supreme Court on Monday temporarily paused a deadline that required the return of Kilmar Garcia, a Maryland man mistakenly deported to El Salvador last month, CNN reports. Chief Justice John Roberts granted the “administrative stay,” a move that will extend the deadline until the court hands down a more fulsome decision in
Read More

The United States Supreme Court on Monday temporarily paused a deadline that required the return of Kilmar Garcia, a Maryland man mistakenly deported to El Salvador last month, CNN reports. Chief Justice John Roberts granted the “administrative stay,” a move that will extend the deadline until the court hands down a more fulsome decision in

Read More

Newcastle thrash Leicester 3-0, Champions League push continues

Newcastle coasted to a 3-0 win over sorry Leicester on Monday to step up their Champions League charge and condemn the Foxes to an eighth straight Premier League defeat without scoring. Eddie Howe’s men, still on a high after winning the League Cup last month, are up to fifth in the table, level on points
Read More

Newcastle coasted to a 3-0 win over sorry Leicester on Monday to step up their Champions League charge and condemn the Foxes to an eighth straight Premier League defeat without scoring. Eddie Howe’s men, still on a high after winning the League Cup last month, are up to fifth in the table, level on points

Read More

FG to invest in cutting-edge broadcast tech, minister says at NAB event

The Minister of Information and National Orientation, Mohammed Idris, has reaffirmed the government’s commitment to collaborating with key stakeholders in the global information and broadcasting sector to strengthen Nigeria’s information dissemination framework. This pledge was made on Monday during discussions with prominent broadcast and information companies at the ongoing National Association of Broadcasters  Show 2025
Read More

The Minister of Information and National Orientation, Mohammed Idris, has reaffirmed the government’s commitment to collaborating with key stakeholders in the global information and broadcasting sector to strengthen Nigeria’s information dissemination framework. This pledge was made on Monday during discussions with prominent broadcast and information companies at the ongoing National Association of Broadcasters  Show 2025

Read More

Woman stabs Lagos man to death as police detain seven for murder

The Police Command in Lagos State says it has detained seven murder suspects in two weeks. The Command’s Spokesman, Chief Superintendent of Police Benjamin Hundeyin, confirmed this while briefing newsmen at the command headquarters on Monday in Lagos. Hundeyin said that the Ikotun Division of the command received a report on March 30 about a
Read More

The Police Command in Lagos State says it has detained seven murder suspects in two weeks. The Command’s Spokesman, Chief Superintendent of Police Benjamin Hundeyin, confirmed this while briefing newsmen at the command headquarters on Monday in Lagos. Hundeyin said that the Ikotun Division of the command received a report on March 30 about a

Read More

Fubara’s commissioner alleges plot to extend emergency rule in Rivers

The suspended Rivers State Commissioner for Youth, Chisom Gbali, has raised concerns over an alleged plot to extend the emergency rule in the state. Speaking during an interview on AriseTV on Monday, Gbali claimed that the move is being orchestrated to destabilise the current administration. “There is a plan to extend it (referring to the
Read More

The suspended Rivers State Commissioner for Youth, Chisom Gbali, has raised concerns over an alleged plot to extend the emergency rule in the state. Speaking during an interview on AriseTV on Monday, Gbali claimed that the move is being orchestrated to destabilise the current administration. “There is a plan to extend it (referring to the

Read More

Business & Economy

Agusto & Co. projects 19% profit fall for Nigerian banks in 2025
Dangote, Ethiopia sign agreement to build $2.5 billion fertiliser plant
Nigeria’s excess crude account now $535,823 – Wale Edun
We are under attack at NNPC – Ojulari