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Why Standard Bank is considering a stake in Nigeria's OPay

Standard Bank considers stake in OPay ahead of its US IPO plans in the near futureOPay targets a $4 billion valuation, with expert bank advisors saying it may be one of the biggest fintech IPOs in AfricaInvestment reflects shifting dynamics between traditional banks and fintech companiesPAY ATTENTION: Mark Legit.ng as…

Investment by nigerianewsfeed · 1 mon ago · 0 comments · 28 views
Woman set on fire by her husband in Kogi pleads for him to be forgiven

Woman set on fire by her husband in Kogi pleads for him to be forgiven Mrs Berida Irawo, who was set on fire by her husband, Jacob Irawo, in Kogi State, has pleaded for his pardon following the horrific domestic attack. LIB reported that the Kogi State Police Command arrested the suspect Jacob Irewa for alleged attempt…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Gbejuloban Revolutionize Afrobeats To “Afro-Gbeju” - A New Sound Blending Culture, Storytelling...

…the globe, new sounds are emerging out of the global sensation and artist like Gbejuloban is championing a fusion he describes as "Afro-Gbeju". A Wisdom Wave which stitches together cultural storytelling and conscious messages while maintaining the afro originality. Check out the Afro-Gbeju Sounds With his latest proje…

Entertainment by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
36 states' budgets jump 47% to N40tn, capital spending falls

…how then will there be development across the regions?” he asked. A former central banker and current consultant economist, Chukwunonso Iheoma, said capital budgets are meant for critical infrastructure that will boost industrial development. “If a state earmarks more money for recurrent expenditure, it may be infrastr…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Ojudu tackles FG over Akure-Ado Ekiti road downgrade

…economic and social life of Ondo and Ekiti states to disappear into the familiar fog of abandoned contracts, altered specifications and official silence,” he said. While stressing the importance of the road to the people of the two states, the former presidential political adviser said, “We received with great joy the…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 21 views
Purposeful innovation key to capital market growth - Owoturo

…Nigerian Exchange Limited ecosystem, largely due to paper-based registration, missing bank verification details, and legacy account records. By building digital touchpoints that enable automated identity verification and seamless data reconciliation, registrar firms serve as a crucial bridge in unlocking dormant invest…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
NFF election uncertainty deepens as stakeholders kick

…all rumours, there is nothing like that and there is no such thing as a threat of FIFA ban. The person heading the NSC, Shehu Dikko, knows the statutes very well, so I believe he will only take steps in accordance with the rules guiding us,” the board member said.

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
First Lady unveils S'West food bank in Ogun

The First Lady, Senator Oluremi Tinubu, on Tuesday launched the National Community Food Bank Programme for the South-West zone in Makun, Sagamu, Ogun State. She affirmed that the programme aligned with President Bola Tinubu’s Renewed Hope Agenda, aimed at advancing food security, improving health outcomes and building…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
2027: APC national chairman urges politicians to fulfil campaign promises

…labour still matter. It must reassure the elderly that years of service will not end in abandonment. It must convince businesses that rules will not change according to political convenience. “Peter Drucker wrote that “plans are only good intentions unless they immediately degenerate into hard work.” Nigeria has never…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
Over 700 APC members defect to ADC in Sokoto

…government. He said, “We have decided to leave the APC because our people have been abandoned. The party leadership has failed to address the concerns of members who worked tirelessly for the success of the party.” According to him, the Minister of State for Works, who is also regarded as the APC leader in the area, ha…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
US sanctions ICC president over court's investigations

…them off from the US financial system, with which almost all internationally operating banks have close ties. Three ICC judges sued Trump and his administration in June, arguing that the sanctions were unlawful. The US Treasury Department on Tuesday also issued a general licence allowing transactions involving Akane to…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
Check out the flamboyant lifestyle suspected drug dealer flaunted online before his arrest by NDLEA

…in cash, alongside expensive jewellery. A follow-up raid on his luxury apartment in Banana Island, Ikoyi, led to the recovery of several exotic vehicles. According to Marwa, the broader crackdown on the syndicate has resulted in the seizure of 184.50 kilogrammes of cocaine, with an estimated street value of ₦39 billion…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Court jails two women for illegal naira trading in Lagos

…of N850,000.00 and thereby committed an offence contrary to Section 21(4) of the Central Bank Nigeria Act. 2007 as amended and punishable under Section 21(10) of the same Act.'' The charge against Faith Chukwujeku reads: "That you, Faith Chukwujeku on the 25th of July, 2026 in Lagos within the jurisdiction of this Hono…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
2027: Tinubu’s group begins campaign as INEC lifts ban

…of the 2027 electoral cycle. The post 2027: Tinubu’s group begins campaign as INEC lifts ban appeared first on Vanguard News.

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
NGX sheds N544bn as banking stocks drag market lower

The Nigerian equities market extended its bearish run on Tuesday as renewed sell-offs in banking stocks dragged the benchmark index lower, wiping N544.48 billion from investors’ wealth. The Nigerian Exchange All-Share Index declined by 0.35 per cent to close at 241,611.23 points, moderating its year-to-date return to 5…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Former Manchester United star Paul Scholes handed six-month driving ban

Former Manchester United star Paul Scholes handed six-month driving ban Former Manchester United midfielder Paul Scholes has been handed a six month driving ban after he racked up two convictions in the space of two days. The 51-year-old was caught speeding in a Range Rover in March while on a late-night drive through…

Sports by nigerianewsfeed · 1 mon ago · 0 comments · 33 views
APC Governorship candidate’s wife’s cash distribution raises naira abuse concerns

…about potential violations of Nigeria's currency laws. Under Section 21 of the Central Bank of Nigeria Act, 2007, deliberate and wilful abuse of naira notes is prohibited. The law defines abuse to include mutilation, stapling, soiling, squeezing, tearing, writing on notes, or any other form of wilful mishandling. Anyon…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Atiku: I rejected Tinubu as running mate over Muslim-Muslim ticket

…member, Abba Anas Adamu, who allegedly died while in captivity after being abducted by bandits along the Kaduna-Abuja highway.Adamu was said to have been kidnapped on May 3, 2026, and reportedly died nine days later despite efforts by his family to secure his release from the abductors

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
LP banks on grassroots, workers to execute 2027 campaigns

The Labour Party (LP) has said it is banking on its extensive grassroots structure and its links with organised labour to deliver its candidates in the 2027 general elections. The National Publicity Secretary of the party, Mr Ken Asogwa, stated this in an interview in Abuja on Tuesday, saying the party was fully prepar…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
NDLEA busts cocaine cartel, arrests social media influencer KC Luxury in Lagos

…cash, as well as expensive jewellery. A subsequent search of his luxury apartment on Banana Island, Ikoyi, Lagos, also led to the recovery of exotic vehicles, according to the NDLEA boss. Marwa said investigations further showed that the cartel used false identities to conceal the true consignors of its shipments and r…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
"Why I will never support Tinubu" Dino Melaye shares reasons

…15 PROMISED BY TINUBU IN OCTOBER 2022. THIS IS 7% OF WHAT HE PROMISED. "3.UNDER TINUBU BAND A CUSTOMERS USE TO PAY 68 NAIRA, BY 2024 THEY PAY 225NAIRA PER KILOWATT. "4. AS AT JUNE 2024, NIGERIA RECORDED THE HIGHEST FOOD INLATION I. 20 YEARS. IT GREW BY 40.8%. "5. 34 MILLION PEOPLE ENTERED ACUTE FOOD INSECURITY ZONE IN…

Politics by nigerianewsfeed · 1 mon ago · 0 comments · 26 views
Fleeing celebrity drug kingpin arrested as NDLEA smashes cocaine cartel

…with the proceeds of his illicit trade."A subsequent search of his luxury apartment on Banana Island, Ikoyi, led to the recovery of exotic vehicles.Marwa said investigations showed the cartel used false identities to conceal the true consignor of its shipments, relied on financial facilitators who moved billions of nai…

Crime by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
From megawatts to prosperity: Rural electrification in age of AI- REA MD Abba Aliyu

…in investment and 10 GW of AI infrastructure capacity. In January 2026, OpenAI and SoftBank each committed $500 million to SB Energy. OpenAI also selected SB Energy to develop and operate a previously announced 1.2 GW data-centre site in Texas. The lesson The important point is that SB Energy is not simply developing b…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
How the naira rose to a five-month high amid CBN's new liquidity rule

…to its strongest level since April 2026 on Monday, driven by a CBN policy shift on bank borrowing accessInterbank FX turnover surged by over 265% to $437.53 million, the highest single-day volume recorded since July 22, 2026Nigeria's external reserves reached $52.25 billion as of August 13, 2026, their highest point in…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 22 views
Naira strengthens, gains N8/$ at official FX market

…appreciated against the United States (US) dollar, trading at N1,349.5372 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window on Monday, August 17, 2026.Contents…Black market (Buying and selling rates): N1,410— N1,420 The data shared on the CBN’s official platform shows that the naira traded at t…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 24 views
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