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...
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...
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...
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...
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...
Easy Method to Change Your NIN Date of Birth A major problem often encountered by Nigerians is how to update their date of birth on the...
The Insurance Sector at the close of business year Q4 2023 met its tall dream of hitting the trillion naira premium income mark as the industry...
At the end of its two-day Monetary Policy Committee (MPC) meeting on Tuesday (today), the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate...
MTN has signalled a potential departure from Guinea-Bissau, Guinea-Conakry and Liberia, as it highlighted numerous challenges in the West and Central Africa region. The Group President and...
The Senate’s Communications Committee has approved the Nigerian Communications Commission (NCC) budget of N549.6 billion for 2024. This was made known during a joint Senate and...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates...
Surpass N19 trillion Target for 2024 Total assets under management of the regulated pension industry in Nigeria has increased by 6% or N1.175 trillion to N19.531...
The Nigerian Communications Commission (NCC) has disclosed that undersea cable cuts that affected voice and data services in the country have now been restored to approximately...
Various policies and regulations put in place to boost internet experience in Nigeria have not taken the country very far when compared with some 92 other...
Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points...
Meta’s Facebook Instagram and Threads have left millions of users stranded after the servers of the social media platforms shut down on Tuesday. Facebook and Threads...
Transcorp Power Plc has just listed 7.5 billion shares at N240 per share on the Main Board of the Nigerian Exchange Limited (NGX). The new security...