Nigerian Banks Shut 476 Branches as Physical Banking Network Shrinks
Nigerian banks closed a net 476 branches and cash centres between 2022 and 2025, representing an 8.8 per cent reduction in their physical presence across the country. Data from the Central Bank of Nigeria’s 2025 Statistical Bulletin for the Financial…
PXES Scam Holds Nigerians by the Jugular
The promise of doubling money has become the lifeblood of Ponzi schemes, and, painfully, Nigerians keep falling for it. Each time an investment platform collapses, there is outrage, heartbreak and a familiar question: how did people fall for it again?…
Africa Must Address the Triggers Driving Youth Migration
Africa, and Nigeria in particular, must begin to confront the underlying conditions driving skilled young people out of the continent, rather than focusing only on the consequences of migration. A Senior Finance Business Partner based in Nairobi, Kenya,…
US Mint Unveils Trump $1 Coin for America’s 250th Anniversary
Among many things, President Donald Trump is now on a coin. The United States Mint has unveiled a special-edition $1 coin bearing the portrait of President Donald Trump as part of commemorations for the country’s 250th anniversary. The coin features…
Cement Becomes ‘Gold’ in Nigeria as FCCPC Probes Possible Price Manipulation
Cement is becoming increasingly expensive in Nigeria, raising fresh concerns about the forces driving prices of one of the country’s most important construction materials. The Federal Competition and Consumer Protection Commission (FCCPC) has…
Building Must Begin with the Foundation: Why NFF Elections Should Start from Local Football Councils
Every enduring structure begins with a solid foundation. Development must progress from the simple to the complex and from the grassroots to the national level. Nigerian football administration should follow this same principle. For the Nigeria Football…
Nigeria’s Headline Inflation Falls to 15.43% in July, Food Inflation Rises
Nigeria’s headline inflation rate fell to 15.43 per cent in July 2026, down from 15.91 per cent recorded in June, according to the National Bureau of Statistics. The latest figure, contained in the NBS Consumer Price Index report released on Monday,…
HaloBraids Could Transform Hairstyling industry Forever
Nigerian-American engineer and Harvard graduate Yinka Ogunbiyi is taking on one of the beauty industry’s most time-consuming tasks with HaloBraid, a robotic system designed to assist professional hairstylists in braiding textured hair. Ogunbiyi, a…
From Heritage to Haute Culture: How Surajudeen Opeyemi Musa Is Redefining African Fashion With ZULÉR – By Lekan Faizal
Lekan Faizal writes… For many fashion entrepreneurs, the journey begins with a business plan, market research or a desire to fill a gap in the industry. But for Surajudeen Opeyemi Musa, founder and Creative Director of ZULÉR Global Concepts…
ECOWAS Reaffirms 2027 Launch of ECO Single Currency
The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching the long-awaited single regional currency, the ECO, in 2027, describing the initiative as a major milestone towards deeper economic integration, stronger…