
Growth was driven by 4.8% expansion in non-oil sector Inflation soared to a near 17-year high of 19.6% in July Nigeria’s gross domestic product (GDP) grew...

Irvin Global and Investment Group, a micro-lending company in Nigeria has restated its commitment to empowering individuals and businesses to with affordable loans to enable them...

The Central Bank of Nigeria (CBN) has launched the *997# USSD code in Kano to reduce the use of cash in commercial activities. In the event...

Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, has applauded consistent growth in Information and Communication Technology (ICT) contributions to the nation’s Gross...

Players in the African technology space are set to participate as well as jostle for recognition at the forthcoming 2022 edition of the Technology Innovation Awards...

A civil society organisation, Vanguard for Transparency and Accountability, has commended the Lagos State Internal Revenue Service (LIRS) over its recently introduced Whistle-Blower Initiative. The body described...

The Nigerian equity market commenced week in the red as the local bourse shed N15 billion on Monday, driven by a massive profit-taking spree in the...

A director of the Nigerian Communications Commission (NCC), Ismaila Adedigba, has received the commendation of the Executive Vice Chairman of the Commission, Professor Umar Garba Danbatta,...

Agency Report The Federal Government of Nigeria has levelled fresh claims of fraud against an offshore firm, Process and Industrial Developments, which earlier won an $11...

The Commissioner for Information, Culture and Tourism in Nasarawa State, Yakubu Lawal, has been kidnapped by gunmen who stormed his residence on Monday night and whisked...

Global crypto-currency exchange Binance has appointed former HSBC South Africa global banking head Hannes Wessels as its country manager for South Africa. In his new role, Wessels will...

President Muhammadu Buhari, Vice President Yemi Osinbajo and the Governor of the Central Bank of Nigeria, Godwin Emefiele have been lined up to speak at the...

The Office of the Auditor General for the Federation has queried the Nigerian Ports Authority (NPA) over the failure of 18 port terminal operators to remit...

By FBNQuest Analysts Our chart today, drawn from data from the CBN shows that Nigeria’s gross external reserves increased marginally by $64m to $39.2bn in July....

Oil theft and vandalism in Nigeria have been blamed as the country’s oil production slumped by 28 million barrels between January and July 2022, threatening the...

…Opens Portal for PreOrder Samsung Nigeria announced the next generation of groundbreaking foldable smartphones: Galaxy Z Flip4 and Galaxy Z Fold4. Both devices feature customizable form factors,...

The Nigerian Communications Commission (NCC) remitted N463 billion into the Federal Government’s Consolidated Revenue Fund (CRF) in the last five years. Broadband penetration has also reached...

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has flagged a new malware, HiddenAds, which has infiltrated Google Play Store that can impact device...

Ecobank Nigeria has concluded plans to host a Photography, Arts and Design Exhibition (PADE) as part of activities to commemorate this year’s World Photography Day. Usually...

By FBNQuest Analysts According to the CBN’s latest Quarterly Statistical Bulletin (QSB) total fx inflow into the Nigerian economy declined by -11% q/q to USD18.4bn in...