Nigerian economy loses $1.54bn N630.6bn in 222 days of Twitter shutdown The economic impact of suspending Twitter’s operations in Nigeria by the federal government has been...
Perpetrators of ransomware attacks across the world have asked their victims to pay a total of $584.55 million in form of cryptocurrencies as ransom in eight...
The World Economic Forum (WEF) has found that the global economy will remain depressed for the next three years as hope of recovery within the period...
Total credit facilities released by Nigerian banks to both government and private sector players in Nigeria stood is estimated at N24.97 trillion as of September, 2021....
The federal government is planning fresh investments of N3.53 trillion in the Nigerian housing sector to address the 17 million housing deficit in the country. The...
Dangote Petroleum Refinery has received more up-votes as more economic groups and experts express optimism on its ability to unlock growth in the downstream sector of...
The group of oil producers comprising OPEC and non-member participants including Russia agreed to extend the 400,000 bpd monthly supply increments into February 2022, arguing that overblown Omicron...
The local bourse kicked off the first trading session of the year on a positive note, following bargain hunting on BUACEMENT (+7.3%) stock, which lifted the...
A member of the Monetary Policy Committee (MPC) and Professor of Economics, Adenikinju Adeola Festus has expressed many worries for the Nigerian economy in the face...
Despite their undisputed value appreciation year after year, Bitcoin and other cryptocurrency assets have not succeeded winning the hearts of many players in the global investment...
The Security and Exchange Commission (SEC), Nigeria’s foremost capital market regulator, has threatened capital market operators to either pay their annual regulatory dues or face the...
Pegs ITR floor price at $0.045 New Rate Takes Effect From January Independent telecommunications regulatory authority, the Nigerian Communications Commission (NCC) has instituted the new...
Femi Otedola, billionaire businessman, chairman of Geregu Energy Group, and single largest shareholder of FBN Holdings Plc, Nigeria’s foremost financial powerhouse further raised his stake in...
Farmers receive N91.87bn; repay only N14.68bn House worries over loan usage CBN to arrest farmers Farmers blame insecurity; ask for repayment extension The fear of...
Funke Opeke, Founder of MainOne, a West African data center and connectivity solutions provider with a presence in Nigeria, Ghana and the Ivory Coast, has agreed...
As cross-border investments across Africa dwindled significantly in 2020, Nigeria’s communications sector attracted foreign direct investment worth $2.5 billion. The Ernst and Young revealed in its...
The bears dictated proceedings in the domestic bourse, as profit-taking activities dominated market performance, with the All-Share Index (ASI) recording declines on all the trading days...
The Nigerian Communications Commission (NCC) has enriched the government’s coffer with a sum of $60 million (N24.597 billion) realised from operators bidding for the 3.5 gigahertz...
CBN bets on $41.4bn reserves for imports, foreign investments attraction Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has expressed confidence in the country’s...
Investors at the Nigerian equities market smiled all the way to the bank last week after a positive close with N44 billion profit to end downtrend...