The cost of powering base stations for telecommunication services has increased by 55% year-on-year in Nigeria, causing major challenges for the industry. According to the National...
Nigerian banks and telecommunication firms are currently struggling to resolve a N100bn Unstructured Supplementary Service Data (USSD) debt. This debt has been accumulating over the past...
The Nigerian Exchange Limited (NGX) has reported a significant decrease in foreign investment in its markets. According to the Domestic & Foreign Portfolio Investment Report for...
According to a recent report released by the World Bank, low-skilled Nigerians who migrated to the United States have experienced a significant increase in their earnings...
Nigeria has emerged as the top country for venture capital investments in 2022, according to a report released by the Africa Private Equity and Venture Capital...
Nigeria has reportedly lost a staggering N2.3tn in oil revenue over the last year due to pipeline vandalism and theft. This equates to a loss of...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has invested over $1 billion in the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project. This project is one of the...
Nigerians in the Diaspora remitted a total of $168.33 billion back home
China’s upcoming May Day holiday is bringing optimism to the oil industry as holiday travel is expected to increase fuel demand in the world’s second-largest economy....
The National Bureau of Statistics (NBS) has released its Petrol and Diesel Price Watch Reports for March 2023, revealing a sharp increase in fuel prices compared...
