The Central Bank of Nigeria (CBN) released $547.7m (N823.19bn at the official exchange rate of N1,503.3/$1, as of June 30, 2024) to Nigerians for the importation of...
By Tony O. Elumelu I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that to...
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty. It released the report on...
Some Data Protection Officers (DPOs) have advocated a single regulatory body for Data Protection Acts, to sustain the already established confidence by investors in the country....
In recognition of outstanding leadership and innovation, Dr. Olufemi Bakre, Managing Director and Chief Executive Officer of Parallex Bank Limited, has been honoured as the “Most...
PalmPay, an African-focused fintech company, has underscored the need for founders within the fintech ecosystem to boost investors’ confidence to drive more investment across the continent,...
The World Bank has announced a $500 million grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic. The fund will be utilised...
No fewer than 1.3 million meters will be delivered between December and the second quarter of 2025. The Minister of Power, Adebayo Adelabu, disclosed this Tuesday...
The Nigerian naira plummeted by about 7% in the foreign exchange (FX) market as US dollar shortage exerted pressures on demand and supply. FX spot data...
IHS Nigeria, part of the IHS Holding Limited Group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by...