Six major Nigerian banks made headlines in 2024 when they collectively poured a staggering ₦268.7 billion (equivalent to $171.5 million) into IT infrastructure and tech-related services, marking a substantial leap from their previous year’s spending. This significant investment primarily focused on upgrading core banking systems as traditional financial institutions faced mounting pressure to bolster their
In a bustling city like Nairobi, change is always in the air. But this time, it’s not just about new skyscrapers or trendy cafes. The Central Bank of Kenya (CBK) has thrown down the gauntlet to local banks, demanding complete transparency on how their money moves affect the environment. It’s like a financial detox for
Justice S.M Shuaibu of the Federal High Court in Kano made a significant ruling that captured the attention of many. The case involved Abdullahi Musa Huseini, known as Amuscap in the make-up artistry world. He found himself at the center of a legal battle that would ultimately lead to his imprisonment. The courtroom atmosphere was
Kaspersky, a leading cybersecurity firm, has recently made a concerning discovery in the realm of online threats. They have identified a malicious program known as TookPS, which is being disseminated through fake websites that masquerade as legitimate sources for popular software applications like UltraViewer, AutoCAD, and SketchUp. Kaspersky’s Insight: According to Kaspersky experts, this Trojan-Downloader
In the bustling state of Anambra, located in South-east Nigeria, a chilling crime has shaken the community. The local police department revealed that two male suspects have been taken into custody following the alleged murder of an elderly woman, Theresa Igbojonu, who was 80 years old at the time of her tragic death. Tochukwu Ikenga,
After six exhilarating days of fierce competition in Uyo, the 2024 Niger Delta Sports Festival (NDSF) came to a thrilling close. Athletes from the nine Niger Delta states showcased their talents in football, athletics, and wrestling, captivating audiences and creating moments that will be remembered for years to come. Bonds Formed Through Sport Nearly 3,000
The Nigerian stock market faced a challenging start to the week as it grappled with a significant decline of N659 billion. The performance indices sent mixed signals, leaving investors and analysts on edge. Market Capitalisation and All-Share Index The Nigerian Exchange Ltd. (NGX) witnessed a notable drop in market capitalisation, tumbling by 1.01 per cent
Have you ever felt like the rules of society are constantly changing without a guidebook? Well, that’s exactly what content creator and actress Kiekie experienced after tying the knot and embracing motherhood. It was as if a spotlight suddenly shone on her wardrobe choices, revealing an unspoken ‘dress code’ for married women. In a candid
Ali Baba, a beloved Nigerian comedian, recently delved into the deep-rooted reasons why many Nigerians opt to seek greener pastures abroad – a phenomenon colloquially known as ‘Japa.’ In an illuminating conversation on the Outside The Box podcast, he eloquently articulated the multifaceted issues compelling his compatriots to embark on journeys far from home. The
Street pop sensation Portable recently caused a stir in the music industry by disclosing some exciting news to his fans. The singer took to his Instagram account to share that he had received a generous gift of ₦5 million from the renowned rapper, OdumoduBlvck. This unexpected gesture not only caught his followers off guard but
