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Nigerians are increasingly using digital dollars. The IMF says that could become a problem for the naira

Stablecoins gain in Nigeria for cross-border transfers, IMF says LAGOS, June 16 (Reuters) - Nigerians are increasingly turning to U.S. dollar-pegged digital tokens, or stablecoins,...

Oil prices continue slide amid hopes for peace, opening of Strait of Hormuz

Brent crude drops to lowest price since early March before signing of framework deal to end US-Israel war on Iran. Oil prices are continuing to...

US student debt repayment system is being overhauled – here’s what to know

Borrowers face stricter payment timelines after Biden-era Save repayment plan was ended by Donald Trump   The American student loan repayment system is set to undergo...

Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX

Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO   Gina Rinehart’s company has made a “significant investment” in Elon...

Dangote refinery slashes petrol gantry price by N75/litre

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (petrol) by N75 per litre In a circular to fuel marketers on Monday,...

Ripple keys into Flutterwave’s Series E to accelerate African stablecoin payments

Africa’s leading payments infrastructure company, Flutterwave, has announced a strategic investment. The strategic investment and partnership centres on a robust product integration designed to accelerate...

US–Iran peace: Can global calm reach Nigerian households?

BY LEKAN OLAYIWOLA The emerging US–Iran peace deal raises a deeper question than oil pricing. Two decades of exposure to global events have reinforced a...

Petrol remains N1,350 per litre in Abuja amid crashing oil prices, Dangote effects N75 cut

Global crude oil prices extended their decline yesterday, with Brent Crude falling by 5.24 per cent to $78.82 per barrel, but retail petrol prices...

Cursor’s 25-year-old CEO is a former Google intern who just cemented a $60 billion deal with SpaceX

Cursor’s 25-year-old CEO, Michael Truell, helped take the AI coding company from a college passion project to a $60 billion acquisition by Elon Musk’s...

NDA opposes bill for automatic military school admission

The Nigerian Defence Academy (NDA) has opposed a bill seeking to grant automatic admission to graduates of military secondary schools into the academy, warning...

JAMB releases mop-up UTME results, begins admission ranking process

The Joint Admissions and Matriculation Board (JAMB) The Joint Admissions and Matriculation Board (JAMB) has released the results of the 2026 mop-up Unified Tertiary Matriculation...

Yield Hunters and Tax Dodgers Drive Naira Rates Spread Wider

Investors seeking to lock in high yields on Nigerian debt ahead of an expected interest-rate cut by the central bank are fueling gains in...

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