By Ayomide Otitoju Point of Sale (POS) terminals processed transactions worth ₦223.27 trillion in 2024, nearly doubling the ₦110.35 trillion recorded in 2023, as Nigerians increasingly embraced digital payments over cash withdrawals, data from the Central Bank of Nigeria (CBN) has revealed. According to figures from the apex bank’s quarterly statistical bulletin, POS transaction volume…
By Ayomide Otitoju Sports betting company BetKing has concluded its 2025 corporate social responsibility (CSR) initiative with the delivery of healthcare, nutrition, and maternal support services across underserved communities in Lagos, Osun, Abia, and Bayelsa states. According to a statement from the company, the initiative—tagged ‘Month of Good’—ran from May 17 to June 17, and…
By Ayomide Otitoju The Nigerian Exchange (NGX) closed last week on a bullish note, as market capitalisation surged by ₦1.875 trillion, driven by increased investor interest in top-tier banking stocks including Zenith Bank Plc, Access Holdings Plc, and Champion Breweries Plc. Weekly data released by the NGX shows the All-Share Index rose by 2.35 per…
By Ayomide Otitoju Stanbic IBTC Pension Managers has called on Nigerian women to take a proactive approach to retirement planning, emphasizing financial literacy as a critical step towards long-term financial independence. The call was made by the Executive Director of Operations at Stanbic IBTC Pension Managers, Lara Osunsoko, during a media parley to launch the…
By Ayomide Otitoju The Independent Petroleum Marketers Association of Nigeria (IPMAN) has hailed the Dangote Refinery’s newly announced plan to distribute petrol and diesel free of charge to marketers nationwide, describing it as a game-changing intervention in the country’s downstream sector. Speaking on Channels Television’s Sunrise Daily on Friday, IPMAN’s National Publicity Secretary, Chinedu Ukadike,…
American R&B singer Chris Brown appeared in a London court on Friday and pleaded not guilty to a charge of attempting to cause grievous bodily harm with intent, stemming from an alleged nightclub assault in the UK capital in 2023. The 36-year-old artist, dressed in a dark suit, tie, and glasses, stood in the dock…
Pope Leo XIV has issued a stark warning over the impact of artificial intelligence (AI) on the intellectual and neurological development of young people, cautioning that it could distort their understanding of reality. In his first exclusive statement focused entirely on AI, the pontiff—who holds a degree in mathematics—voiced concern in a message to attendees…
By Ayomide Otitoju Tens of thousands took to the streets across the Middle East on Friday in a wave of coordinated protests following weekly prayers, denouncing Israel’s recent strikes on Iran and expressing anger toward the United States, widely seen as Israel’s key ally. In Tehran, demonstrators marched with Iranian and Hezbollah flags, chanting anti-Israel…
By Ayomide Otitoju Grammy-nominated Nigerian rapper and YBNL founder, Olamide Adedeji, popularly known as Olamide, has unveiled the official tracklist for his much-anticipated self-titled album, Olamidé, scheduled for release on Thursday, June 19, 2025. The 17-track project brings together a powerhouse of local and international collaborators, reinforcing Olamide’s position as a global force in music….