
CBN defends naira with $1.47bn in one month The Central Bank of Nigeria (CBN) injected $1.47 billion into the foreign exchange segment of the...

Cadbury Nigeria suffers 63% profit losses in Q1 2021 Cadbury Nigeria Plc has recorded significant shortfall in its profit for the first three months of...

Kogi State gets $100m agric loan from AfDB By Olamide Onabanjo The African Development Bank (AfDB) has granted the Kogi State government $100...

Naira depreciates in I&E window In the foreign exchange market, the naira traded at a lower value on Tuesday as the Nigerian currency shed...

OPEC+ to relax oil production cuts by 600,000bpd in May The Organisation of Petroleum Exporting Countries and its allies (OPEC+) seem set to ease...

NCC sanctions Glo, Airtel, MTN N78.5m over SIM infractions Nigerian Communications Commission (NCC) has fined the three leading mobile network operators in the country...

NCC vows to end circulation, importation of substandard mobile devices The Nigerian Communications Commission (NCC) is sustaining campaign to sensitize the public on circulation...

Enugu Govt decries alleged sabotage of digital industrial park project Enugu State Government, on Tuesday, raised alarm over recent efforts by some persons to...

No panic over N112.11bn IT bad loans – Nnamani Ikechukwu Nnamani, the president of Association of Telecommunications Companies of Nigeria (ATCON) has said the...

By Ndagi Job Goshi, GM of Liferay Africa When it comes to listing the regions that have embraced and taken the biggest advantage of digital...

REDTV’s TMC named ‘Web Series of the Year 2020’ The Men’s Club (TMC), Africa’s highly anticipated online series powered by the United Bank for...

N1.23trn bad loans bite as banks’ gross credit tops N20trn Analysts have blamed the woes of Nigerian economy on bad loans in the banking sector....

CardinalStone lists N5b bond on FMDQ CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc5 N5 billion Series I Bond...

Enforcement: NCC arrests five suspects over fraudulently-registered SIM cards As part of its routine enforcement activities to sanitise the industry of criminal elements, the...

R-L: Fela Ibidapo, Divisional Head, Corporate Communications of Heritage Bank Plc; and Josh Anowi, 2nd runner-up of “Rita Dominic Acting Challenge” and Rita Dominic, Foremost Nigerian Actress/Co-Founder...

YouTube renews reading culture with first Africa Reading Challenge YouTube has launched its first YouTube Africa Reading Challenge, an online reading marathon featuring authors, influencers and...

Amazon chooses South Africa for its Headquarters in Africa Nigeria, Africa’s largest economy has again been ignored by another global tech giant, Amazon by building...

Airtel Africa signs $500m loan facility Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa,...

Rising oil price, falling naira rate push petrol landing cost to N216.31 The twin factors of rising global oil prices and depreciation of the naira...

CBN to sanction banks, BDCs for rejecting old, lower dollar notes The Central Bank of Nigeria (CBN) has said it will sanction foreign exchange dealers that...