Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs for data and calls in...
The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval of a licence for MRO...
Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity stake in Eko Electricity Distribution...
Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s metering gap continues to widen...
The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at its retail outlets. This increase...
Netflix ended 2024 on a high note as its global subscribers rose to 302 million and its annual operating income...
PalmPay, a leading Nigerian fintech company with over 30 million users and $6 billion in monthly transaction volume, has announced...
The dollar to naira exchange rate continues to be a focal point in Nigeria’s financial landscape, especially in the black...
The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial markets, especially in the black...
SEC Awaits MTN’s Application to List on NSE The Securities and Exchange Commission (SEC) last Friday said it was still awaiting the formal application of telecommunication...
Andela Targets Expansion After $100m Fundraiser Tech startup, Andela, is poised to boost the number of its African software developers working on projects for firms across...
USSD, Mobile Devices to Drive Nigeria’s Electronic Offers Nigeria’s capital market may soon transit from the manual-intensive, paper-based process of issuing securities to electronic offering. When...
OPIC Set to Redevelop Isheri The Ogun State Property and Investment Corporation says it has commenced the re-development of Isheri, a boundary community between Ogun and...
Abuja-Kaduna Rail to Get More Coaches, Locos There are indications that the Federal Government plans to deploy more coaches and locomotives in the Abuja-Kaduna fast rail...
Metering no Longer Our Responsibility, Discos Tell Consumers Power distributors have declared that they are no longer responsible for the provision of meters to electricity consumers...
CBN Intervenes in FX Market The Central Bank of Nigeria (CBN) last Friday made interventions in the Retail Secondary Market Intervention Sales (SMIS) of the foreign...
NCC Concludes Plan for Subsidy Payment to Infrastructure Firms The Nigerian Communications Commission says it has concluded arrangement for the payment of subsidy to telecommunications operators...
OneFi Acquires Amplify After Securing $5m One of Nigeria’s fast-growing startups, OneFi, just acquired Amplify, a payment processing company for an undisclosed amount. Amplify facilitates social...
Tony Elumelu Disburses $15.2m to 3050 Entrepreneurs Tony Elumelu through his foundation, Tony Elumelu Foundation (TEF), has disbursed $15.25 million to 3,050 candidates selected for the...
