Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points...
The UK government has announced a significant funding boost of £37.3 million for the Mobile for Development Program, aimed at supporting countries like Nigeria in harnessing...
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments....
By FBNQuest Our chart below, drawn from the Nigerian Communication Commission (NCC) data, shows that active mobile lines and internet connections increased by a modest 0.7%...
Africa Prudential Plc, the pioneering registrar listed on the Nigerian Exchange, has appointed its first female chief executive officer, Catherine Nwosu. According to a statement from...
The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators, citing non-compliance with regulatory requirements. The CBN announced...
Telecommunications company MTN Nigeria has explained that the network outage experienced by its subscribers for the major part of Wednesday was caused by “multiple fibre cuts”....
Biting inflation in Nigeria as pushed up the price of the Liquefied Petroleum Gas (LPG) otherwise known as cooking gas by 12% from N4,589 in one...
The federal government has reportedly detained two top executives of Binance, the cryptocurrency trading platform. According to Financial Times on Wednesday, the executives flew to Nigeria but had their...
In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation...
The Nigerian Communications Commission (NCC) has charged telecom operators to bar any active mobile line that is not linked to NIN on or before February 28, 2024. This...
By Kehinde Ogundare, Country Manager, Zoho Nigeria Given the significant challenges both the Nigerian and global economies face, businesses have had to work harder than ever...
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...
President Bola TInubu has approved the appointment of Rimini Makama as the Executive Commissioner, Stakeholder Management at the Nigerian Communications Commission (NCC). Who is Rimini Makama? BUSINESS METRICS...
FirstBank has launched the second season of its Cash Out promo designed to doll out N36 million to reward users of FirstMobile, its industry-leading mobile banking...
Dr Aminu Maida, the executive vice chairman, Nigerian Communications Commission (NCC), on Tuesday paid a visit to the Commission’s Enugu Zonal Office. During the visit, the...
The Nigerian Communications Commission (NCC), has taken steps to assess the opportunities and risks presented by the 6G and 7G adoption. Dr. Aminu Maida, the EVC, stressed the attendant risks...
Following its initial announcement in January, businesses across Africa can now use Google’s Gemini AI-powered chat-like tool for Search Ads. This intuitive tool is now fully...
In a bid to bolster its digital infrastructure, Nigeria is embarking on an ambitious plan that requires an estimated investment of $3 billion to extend its...