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Nigerian banks will from today begin charging customers N6 for each SMS transaction alert, marking a 50% increase from the previous N4 fee a move prompted by the recent hike in telecom service charges approved by the Federal Government. The upward adjustment, which comes into effect May 1, 2025, has been communicated to customers by
In a major development in Nigeria’s ongoing crackdown on financial fraud, Adefowora Abiodun Olanipekun, one of six principal promoters of the collapsed cryptocurrency investment platform, Crypto Bridge Exchange (CBEX), has voluntarily surrendered to the Economic and Financial Crimes Commission (EFCC). His surrender comes after a Federal High Court order issued on April 24, 2025, by
Ten Nigerian companies have been spotlighted among the country’s fastest-growing firms in a prestigious ranking by the Financial Times, in collaboration with global research firm Statista and with BusinessDay as a partner. The rigorous selection process, conducted between October 9, 2023, and February 29, 2024, required certified revenue figures, verified by top company executives to
On Monday, April 14, 2025, panic swept across social media as countless Nigerians realized they had likely been scammed, again. This time, it was CBEX, a digital asset trading platform that promised mouthwatering returns and claimed to be powered by artificial intelligence. But after weeks of frozen withdrawals and suspicious activities, users logged in to
In the past seven years, a quiet but steady exodus has swept through Nigeria’s healthcare system. Over 16,000 doctors once the heartbeat of hospitals across the country have packed their bags, leaving behind stethoscopes and scrubs for passports and plane tickets. Their destination? Anywhere they believe offers a shot at a better life. Driven by
Starting an online business requires more than just a good idea—it takes strategy, consistency, and smart execution. Whether you’re launching online courses, digital products, or services, here are five essential tips to help you succeed. 1. Don’t Skimp on Visual Elements Your website design plays a critical role in building trust and capturing attention.
For the first time in history, the combined net worth of Africa’s billionaires has surpassed the $100 billion milestone, fueled largely by Nigeria’s leading business moguls. According to Forbes’ latest Billionaire List released in March 2025, Africa now boasts 22 billionaires with a collective wealth of $105 billion—an increase from $82.4 billion and 20 billionaires
Canada offers excellent career opportunities for professionals with the right academic background. Choosing a high-paying degree can lead to financial stability, career growth, and long-term success. Here are five degrees that open doors to rewarding careers in Canada. 1.Medicine The medical field in Canada is vast, covering professionals like surgeons, physicians, and specialists. With healthcare
Many people underestimate the worth of their already existing skills because of the assumption that because these capabilities come naturally, they have little value. Thinking that way kills opportunities. The reality is that the abilities others are ready to pay for are usually the same ones you find easy. There’s a market for your skill
The weakest currencies in the world have the lowest buying power, making it difficult for their economies to thrive. While stronger currencies can purchase more goods and services, weak currencies struggle due to economic instability, inflation, and political challenges. Here are the top 15 weakest currencies in the world in 2025 and the reasons behind
