Business

….. Revolutionises Remittances with PAPSS Instant Payment Service   Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced that its Artificial Intelligence chatbot, LEO is now enabled to carry out cross-border payment transactions.   By this, LEO becomes Africa’s first AI-powered chatbot to facilitate cross-border payments, offering customers a seamless and instant way […]

In a notable shift reflecting growing global migration policy tightening, the Government of Canada has raised the financial threshold for applicants under its popular Express Entry immigration system, particularly those applying through the Federal Skilled Worker (FSW) and Federal Skilled Trades (FST) programs. The new minimum settlement fund requirement, effective July 7, 2025, means that […]

Bayo Ojulari, Group Chief Executive Officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, has acknowledged growing complexities in the effort to revamp Nigeria’s state-owned refineries.   Although the Port Harcourt refinery began processing crude oil again on November 26, it was later shut down in May for maintenance. Meanwhile, rehabilitation work is still […]

In a significant milestone for cultural restitution and historical justice, the Museum of Fine Arts, (MFA) Boston, formally returned two looted artifacts from the historic Benin Kingdom to His Royal Majesty, Omo N’Oba Ewuare II, the Oba of Benin. The official handover took place at the Nigeria House in New York City, the diplomatic mission […]

Nigeria has lost one of its most influential businessmen and philanthropists, Alhaji Aminu Dantata, who passed away on Saturday, June 28, 2025, just 43 days after celebrating his 94th birthday.   The sad news was confirmed by his long-time aide, Mustapha Abdullahi Junaid, who announced the passing of the Kano-based billionaire in a heartfelt message […]

In a continent teeming with noise, few have mastered the art of silent impact like Tony Onyemaechi Elumelu. While others build wealth for spectacle, he builds systems for posterity. At 61, the Nigerian banker and businessman has grown beyond boardroom titles. He is now regarded by many as the continent’s most quietly consequential capitalist – […]

The President of the Dangote Group and founder of the Dangote Petroleum Refinery, Aliko Dangote, says there will be an announcement of what he calls a major ‘shakedown’ in the entire country soon.   Dangote said this was not about price reduction, but the complete overhaul of the downstream sector. He stated this in an […]

In a nation where over 63% of the population lives in multidimensional poverty and millions go to bed hungry each night, President Bola Tinubu’s administration is doubling down; not on food security, job creation, or education, but on helicopters, missiles, and surveillance drones. This government’s unrelenting obsession with defense spending has reached alarming levels, as […]