Airtel Africa has announced the commencement of a second share buyback programme that will return up to $100 million to shareholders. In a statement, the telecommunications...
External Reserves data released by the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves rose by $446.9 million to $40.2 billion in November...
African Development Bank Group (AfDB) has approved a €200 million partial credit guarantee (PCG) to back Togo’s first sustainable financing initiative. he funding will enable Togo...
Despite the increase in the fuel pump price, the National Bureau of Statistics (NBS) has stated that there was a drop in the price of transportation...
China’s crude oil surplus shrank from 930,000 barrels daily In September to 500,000 bpd in October, Reuters’ Clyde Russell reported today, based on data calculations. However, the significant...
Africa’s biggest mobile operator MTN is exploring partnerships with low-Earth-orbit (LEO) satellite providers to bring internet connection to rural and remote customers in particular, Group CEO...
The Nigerian Communications Commission (NCC) has revealed that data consumption in Nigeria has reached an all-time high in nine months. Latest data by the telecoms regulator...
As anticipated by market operators, the Nigerian Exchange Limited (NGX) experienced mixed trading activity for most of the trading days last week. However, strong bargain-hunting on...
The Federal Government of Nigeria has selected 90,000 Nigerians as fellows in the third cohort of its 3 Million Technical Talent (3MTT) initiative. The 3MTT is...
The Federal Government has released has said payment of N66 billion pension arrears will commence next week. The money is part of the N88 billion budgeted...
The Debt Management Office (DMO) has announced that the federal government’s domestic debt stock reached N66.957 trillion by the first half of 2024, representing an 8.74%...
Nigerian Government, the Economic Community of West African States, alongside Morocco and Mauritania, have expressed their commitment to push forward in the development of the African...
Oando Plc has released its audited Consolidated Financial Statements for the full year ended December 31, 2023, to the Nigerian Exchange Group (NGX). The company reported...
Foreign investors are increasingly losing appetite in the Nigerian stock market as activities in the first nine months of the year shows withdrawal of investment. During...
Equities investors in Nigeria were displeased with the outcome of weekly trading on the floor of the Nigerian Exchange Limited (NGX) as they parted with a...
A boost of $326.64 million that lifted Nigeria’s foreign reserves to $39.77 billion failed to pacify further depreciation of the naira at the official market last...
African airlines experienced an 11.9% increase in passenger demand in September 2024 compared to the previous year, achieving a load factor of 76.0%. This load factor,...
To advance Nigeria’s digital economy and support businesses facing economic headwinds, Google brought together top CEOs, government officials, and industry leaders at the 30th Nigerian Economic...
Latest report by Salesforce has revealed that only 11% of Chief Information Officers (CIOs) of various companies have fully implemented the Artificial Intelligence technology for their...
Google’s products and services in South Africa generated R118 billion ($6.7 billion) in new revenue for local businesses, non-profits, publishers, creators and developers in 2023. This...