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...
The former Director-General of the Bureau of Public Service Reforms in Nigeria’s Presidency, Joe Abah, a lawyer, will on Tuesday join other development experts, anti-corruption crusaders,...
Nigeria aims to join other more than seventy (70) countries that have already acted, or are considering acting, to open the 6GHz band for unlicensed Wi-Fi...
The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months...
The National Agency for Science and Engineering Infrastructure (NASENI) is organizing a 3-day procurement in-house training for all procurement and other relevant officers in NASENI system...
The Central Bank of Nigeria (CBN) will implement electronic foreign exchange matching systems (EFEMs) for foreign exchange transactions in the Nigerian foreign exchange market on December...
Stanbic IBTC Holdings Plc, alongside its Board of Directors, has announced the appointment of Mrs Olusola David-Borha as the Chairman of the Board, effective September 26,...
The Central Securities Clearing System (CSCS) Plc, Nigeria’s largest Central Securities Depository (CSD), has appointed Mrs. Bola Adesola and Dr. Aisha Muhammed-Oyebode to its Board of...
The Nigerian unemployment rate increased to 5.3 percent in the first quarter (Q1) of 2024 from 5.0 percent reported in 2023. However, the report showed that...
Greenwich Merchant Bank Ltd and PSRG-Richardson have partnered on the key strata of sustainability – health, safety, security and the environment to drive the nation’s economy...
The Federal Government has approved the increase of Corps Members’ monthly allowance to N77,000 with effect from July 2024. In a statement on Wednesday, a spokesperson...
The Nigeria Inter-Bank Settlement System (NIBSS) says instant payments increased to N89.50 trillion in July 2024. Instant payment is an account-based, real-time electronic funds transfer (EFT)...