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...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest production level for Nigeria in four...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services, and tech startups poised to take...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in December 2024. This was Dr. Akinwumi...
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as key targets for expansion. As financial...
More manufacturers are opting for captive power as the national grid continues to struggle despite billions being spent on it yearly. Approximately 250 manufacturers and academic...
The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum products in Nigeria. Brent crude, the...
Bureau De Change (BDC) operators in Nigeria are exploring merger options as a strategy to meet the Central Bank of Nigeria’s (CBN) recapitalization requirements. This development...
The US dollar rose on Monday to a 14-month high against a basket of major currencies during the Asian trading session. This surge in US dollar...
Global oil prices rose to a three-month high in the early hours of Monday following the announcement of new sanctions on Russian oil exports. The new...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s foreign exchange market. As of January...
