By Nkiruka Nnorom Call for proactive, not reactive fiscal policy Customers’ deposit in top deposit money banks rose 66 percent Year-on-Year (YoY) to N76.04 trillion at the...
The Ag Director General of the Securities and Exchange Commission (SEC) Dr. Emomotimi Agama, has disclosed the Commission’s plans to delist the Naira from P2P (peer-to-peer) crypto...
The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5% cybersecurity levy on all electronic transactions within the country excluding 16...
Nestle Nigeria Plc has posted a 43.4% Year-on-Year (YoY) increase in its revenue for the first quarter ended March 31, 2024 (Q1’24). Specifically, the company grew its...
The Central Bank of Nigeria (CBN) has directed 0.005% Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN, yesterday, directed the deductions would become...
The Naira on Monday depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. However, the Naira appreciated in the Nigerian...
University Don, Dr. Falade Adesola, the former head of the Department of Computer and Information Sciences, Trinity University, has commended the Nigerian Communications Commission (NCC) for...
Nigeria Deposit Insurance Corporation (NDIC) on Thursday announced an increase in the maximum deposit insurance coverage levels for all licensed deposit-taking financial institutions with immediate effect....
Oluyombo Sokoya Who did this to us?” is a frequently asked question in the Nigerian social media space. It is asked when Nigerians are unable to...
Amidst prevalent economic headwinds in the country, the Nigeria equities market has rebounded to brake free of the shackles of profit-taking as the bulls successfully staged...
Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable, and affirmed the IDR at ‘B-‘. In...
Teleoms and digital communications company, MTN Nigeria has reduced its outstanding Letters of Credit (LC) obligation by 41.58% in the first quarter of 2024 in a...
PRESS RELEASE Kemi Irinoye Foundation- a non-governmental organization committed to supporting entrepreneurial skills in Nigeria, recently held an inaugural summit for Christian entrepreneurs at Victoria Court,...
Speaking at the second edition of the West Africa Telecoms Infrastructure Summit and Exhibtion (WATISE), with the theme: ‘Shaping the future of the telecoms infrastructure industry:...
By Diana Tenebe, Chief Operating Officer, FoodStuff Store Nigeria’s agricultural sector has long been a significant contributor to national growth, with the potential to further reduce...
A new initiative aimed at empowering women in Northern Nigeria through AI education has just been launched. The initiative which is a brainchild of Google, in...
Transnational Corporation Plc, Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March 31, 2024....
The FCMB Group has reported a profit before tax of N104.4 billion for the full-year ended December 31, 2023, a 186% year-on-year (YoY) increase compared to...
The financial performance of MTN Nigeria defied positive metrics of commercial momentum seen in its operation in the first quarter of 2024. Instead of posting profit,...
