The Nigerian Naira recorded a slight appreciation against the U.S. dollar on Wednesday, strengthening to ₦1,490 per dollar in the parallel market, up from ₦1,502 per dollar on Tuesday. A similar trend was observed in the Nigerian Foreign Exchange Market (NFEM), where the currency appreciated to ₦1,499.8 per dollar, compared to ₦1,501 per dollar the previous day. According to data from FMDQ...

Senator Monday Okpebholo has once again made a public error, this time incorrectly referring to Senator Adams Oshiomhole as the representative of Edo South in a trending video on social media. The mistake occurred during the flag-off ceremony for the dualization of sections two to four of the Ekpoma-Auchi-Okpella-Okene-Ajaokuta Expressway, a major federal project aimed at improving connectivity...

MTN Nigeria reported a loss of N400.44 billion after tax for the year ending December 31, 2024, primarily due to the devaluation of the naira, which increased foreign exchange losses and negatively impacted the company's earnings.  This loss, revealed in the company's audited financial statements on Thursday, marks a 192% increase from the N137.02 billion loss recorded in 2023. The...

After pioneering internet-based calling 23 years ago, Skype is officially shutting down. Microsoft, which acquired the platform 14 years ago, announced that Skype will be retired on May 5, 2025, as the company prioritizes Microsoft Teams. Skype users have 10 weeks to decide their next steps. While it's unclear how many people will be affected, Microsoft last reported in 2023 that Skype had over...

Speculation is growing over the health of Pope Francis as the Vatican remains unusually silent following his recent hospitalization at Gemelli Hospital in Rome. Concerns have intensified as the 87-year-old Pontiff has not made any direct public appearances or statements since his last social media message on Sunday.   Just days ago, Pope Francis shared words of gratitude on X,...