Nigerian banks generated a remarkable ₦224.69 billion from electronic banking services and ATM/card-related charges during the first quarter of 2026, highlighting the growing role of digital transactions in the country’s financial sector. The figure, compiled from the unaudited financial statements of 11 listed banks, represents a 12.56 percent increase from the ₦199.61 billion recorded during…
The United Kingdom is preparing to introduce one of its most significant online safety measures yet, with Prime Minister Sir Keir Starmer announcing plans to ban children under the age of 16 from accessing major social media platforms. The proposed legislation, which the government hopes to pass before the end of the year, is expected…
The Federal High Court in Kaduna has adjourned the corruption trial of former Governor Nasir El-Rufai to June 24, 2026, after two co-defendants failed to appear in court.
Artificial intelligence giant Nvidia has announced plans to raise $25 billion through a U.S. bond offering, marking its first return to the investment-grade debt market since 2021 and underscoring the company’s commitment to maintaining its leadership position in the rapidly evolving AI industry. The bond issuance exceeded initial expectations after strong investor demand prompted the…
Nigerians have strongly pushed back against a recommendation by the International Monetary Fund (IMF) urging the Federal Government to introduce new taxes on telecommunications services and fuel products as part of broader efforts to boost government revenue. The proposal, contained in the IMF’s latest Article IV Consultation Report on Nigeria, has sparked criticism from consumers,…
Authorities in Berlin have reaffirmed that women are permitted to swim topless in the city’s public swimming pools, reinforcing a policy that places women and men under the same rules when it comes to swimwear regulations. The clarification follows a discrimination complaint filed by a woman who reportedly was instructed to cover her chest while…
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL), demanding a full account of approximately ₦5.9 billion reportedly spent during the transition of the former Nigerian National Petroleum Corporation (NNPC) into the newly incorporated NNPCL. According to SERAP, the expenditure relates to the incorporation, restructuring,…
The Philippines has moved to tighten its oversight of the cryptocurrency sector by prohibiting licensed digital asset platforms from offering privacy-focused cryptocurrencies, marking one of the country’s most significant regulatory actions in the evolving crypto market. The new directive, issued by the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, bars all licensed Virtual…
The National Youth Service Corps (NYSC) has announced the temporary suspension of the 2026 Batch B Stream I Orientation Course for prospective corps members posted to Niger State, citing ongoing renovation work at the state’s orientation camp. The development was disclosed in an official notice shared by the scheme, which informed affected prospective corps members…
FIFA has reportedly confirmed that Somali referee Omar Artan will receive his full World Cup remuneration despite being unable to officiate at the tournament after being denied entry into the United States. The decision comes as a significant gesture of support for the highly respected match official, whose dream of participating in football’s biggest event…
