The bullish momentum at the Nigerian Exchange (NGX) came to a halt last week as investors embarked on widespread profit-taking, dragging the market’s key indicators into...
SNAPSHOT Active Voice Subscriptions: 173.54 million Teledensity: 80.05% Broadband Subscriptions: 106.97 million Broadband Penetration: 49.34% Internet Subscribers (GSM): 140.36 million Data Usage: 1.15 million terabytes Telecoms...
BUA Foods Plc’s flour and rice segments have emerged as star performers in the company’s unaudited nine-month 2025 results, collectively powering a 33% surge in total...
New scorecard to measure state-by-state digital readiness as country ranks 137th globally
Vice Chancellor Folasade Ogunsola and DVC Foluso Lesi urge African universities to move from dependency to co-creation in the global AI economy.
While the possibility of achieving a 70% broadband penetration target by the end of 2025 remains a debate, Nigeria certainly is making progress in its efforts...
A legal dispute has erupted over the 2023 acquisition of Pan African Towers (PAT), as the company’s former Chief Executive Officer, Mr Azeez Amida, sues its...
The Nigerian capital market has witnessed a significant shift in trading dynamics through 2025, with liquidity levels swelling to N6.92 trillion as at August, compared to...
The Centre for the Promotion of Private Enterprise (CPPE) has called for a strong national policy framework to protect investors and employers, describing them as the...
Activity in the money market stayed firmly in positive territory at the end of week, with liquidity levels comfortably buoyant. Financial system liquidity opened the week...
The Monetary Policy Committee (PMC) of the Central Bank of Nigeria (CBN) has reduced the the country’s monetary policy rate (MPR) from 27.5% to 27%. CBN...
Nigeria’s headline inflation eased to 20.12% in August 2025, down from 21.88% in July, according to the latest data from the National Bureau of Statistics (NBS)....
Fundraising activity among African start-ups slowed in August, making it the second-quietest month of 2025 after March, according TheBigDeal, a platform tracking reported startup investments in...
Zoho, a global technology company, has released a new research, which revealed that Nigerian businesses are setting a global standard in balancing artificial intelligence (AI) adoption...
Business Metrics Limited has announced the launch of the Rural Connectivity Summit (RuralConnect Summit), a pioneering seven-year initiative designed to tackle Nigeria’s persistent digital divide and...
The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso has is expecting monthly inflows from Nigerians abroad to reach $1 billion by 2026. Cardoso...
President Bola Ahmed Tinubu has pledged to fast-track Nigeria’s development through technology and food security, aligning with the success models of emerging economies like Brazil. Speaking...
Integrated Project Targets 7.4 Million People in Northern Nigeria The World Bank has approved $300 million in financing for the Solutions for the Internally Displaced and...
The Nigerian money market endured considerable liquidity pressure last week despite substantial inflows from maturing Treasury bills and Open Market Operations (OMO) instruments totalling N258 billion...
Nigeria’s central bank has raised approximately N2.3 trillion after institutional investors piled into its open market operations (OMO) and Nigerian Treasury bills. OMO and treasury bills...