Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according...
Oil was little changed after rising earlier with traders waiting for clues on how Israel will respond to an unprecedented attack by Iran. Global benchmark Brent...
Nigeria’s inflation rate increased to 33.2% for the month of March 2024 driven by rising cost of foods in the country, according to the latest data...
The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the...
Nigeria has been chosen by the International Facility Management Association (IFMA) to host its 2025 edition of IFMA Africa Conference. This was disclosed by Lara Paemen,...
Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development in Nigeria, has intensified efforts to establish a united front to tackle the...
PalmPay to Reward 105 Users with iPhone 15 Pro, Infinix Note 40 in Eid al-Fitr Promo In celebration of Eid al-Fitr, PalmPay, Nigeria’s leading fintech platform,...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
A Federal High Court in Abuja has remanded a Binance executive, Tigran Gambaryan, in Kuje Correctional Centre, pending the determination of his bail application. The trial...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
The Founder and Chief Executive Officer of S Mobile Group, Mr. Kingsley Adonu, has been appointed as patron by the executive council, Students Union Government (SUG),...
President Bola Tinubu, on Sunday, arrived Lagos State ahead of Eid-el-Fitr, which marks the end of Ramadan. His Special Assistant on Social Media, Dada Olusegun, revealed...
Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, called the ‘Scan to Resolve Complaint’ Portal with code aimed...
Directs Customer Refunds The Nigerian Electricity Regulatory Commission (NERC) has taken enforcement action against the Abuja Electricity Distribution Plc (AEDC) for extorting its customers via wrong...
The Nigerian Electricity Regulatory Commission (NERC) has approved a 300% increase in the electricity tariff for Band A consumers to ensure sustainable energy distribution and reduction...
Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc, has released its audited financial statements for the year ended...
Sophos, a global leader of innovative security solutions that defeat cyberattacks, today released the Active Adversary analysis, “It’s Oh So Quiet (?): The Sophos Active Adversary...
Sophos, a global leader of innovative security solutions that defeat cyberattacks, today announced a strategic partnership with Tenable®, the Exposure Management company, to provide Sophos Managed Risk, a...
Transnational Corporation Plc (Transcorp), Nigeria’s leading listed conglomerate, has announced it financial results for the year ended December 31, 2023. Analysis of the report showed that...