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CBN Enforces Stricter PoS Rules with N5 Million Minimum Fine for Non-Compliance

Nigeria, Oct. 7 -- The Central Bank of Nigeria (CBN) has increased oversight of agent banking, requiring geo-tagging of all Point of Sale (PoS) terminals across the country. Under the new guidelines,... Read More


Akume Summons Council of State, Police Council for Security Meeting on Thursday

Nigeria, Oct. 7 -- The Secretary to the Government of the Federation (SGF), George Akume, has invited members of the Council of State and the Police Council to a strategic security meeting scheduled f... Read More


Nigeria Moves to Secure $2 Billion Chinese Loan for Nationwide Power Grid Expansion

Nigeria, Oct. 7 -- Nigeria is in serious talks with China's Export-Import Bank for a $2 billion loan meant to build a new super grid transforming Nigeria's electricity infrastructure. The project, fo... Read More


Russia - Republic of the Congo: New Prospects for Humanitarian Cooperation

Nigeria, Oct. 7 -- On September 30, 2025, the telebridge "Russia - Republic of the Congo: New Prospects for Humanitarian Cooperation" was held at the webinar studio of the Faculty of Global Studies of... Read More


Nigeria's Shea Nut Market Surges as Export Ban Boosts Local Processing and Prices

Nigeria, Oct. 7 -- The shea nut industry of Nigeria is rebounding sharply following an early downturn caused by the Federal Government's action to prohibit the export of raw shea nuts. With local pro... Read More


CBN Moves to Clean Up PoS Sector, Bars Debtors and Blacklisted BVNs from Operating

Nigeria, Oct. 7 -- With its freshly updated Central Bank of Nigeria (CBN), the Central Bank has boldly tightened supervision on the Point of Sale (PoS) ecosystem. Instructions for the operation of ag... Read More


CAN Refutes Christian Genocide Claims, Says Killings Affect All News

Nigeria, Oct. 7 -- The Christian Association of Nigeria (CAN) has denied claims made by some foreign figures about an ongoing "Christian genocide" in the country, calling such reports misleading. Rec... Read More


Who Are You? Keep Quiet, You Don't Know Anything- Umahi Clashes with Arise TV's Rufai

Nigeria, Oct. 7 -- A heated moment played out on Arise Television's Morning Show on Tuesday when the Minister of Works, David Umahi, clashed with anchor Rufai Oseni during a live interview. Tensio... Read More


NEMA Distributes Relief to Storm Victims in Kaduna

Nigeria, Oct. 7 -- The National Emergency Management Agency (NEMA), through its Kaduna Operations Office (KOO), has distributed relief materials to households and communities affected by recent windst... Read More


Harry Kane Targets Ballon d'Or Glory as His Red-Hot Bayern Munich Form Continues

Nigeria, Oct. 7 -- The former Tottenham legend, who has solidified his place among the best strikers in the world, started the 2025-26 season with a bang; the 32-year-old striker has enthralled both c... Read More