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...
Despite various economic headwinds confronting Nigerians, customers of MTN in the country committed over a trillion naira to data subscription on the network of the mobile...
MTN Nigeria Plc has announced a staggering loss before tax of N177.8 billion, a sharp contrast to the pre-tax profit of N518.8 billion recorded the previous...
Airtel Africa has commenced a share buy-back programme to recover shares up to $100 million from its shareholders at both Nigeria and London stock exchanges. This...
Biting inflation in Nigeria as pushed up the price of the Liquefied Petroleum Gas (LPG) otherwise known as cooking gas by 12% from N4,589 in one...
The Centre for the Promotion of Private Enterprise (CPPE) has condemned latest rate hikes by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...
The Nigerian Communications Commission (NCC) has taken critical steps to reduce exposure of the country’s $75 billion telecom industry to emerging risks. According to the commission,...
Following its initial announcement in January, businesses across Africa can now use Google’s Gemini AI-powered chat-like tool for Search Ads. This intuitive tool is now fully...
The benchmark index of Nigerian Exchange Limited (NGX) reversed it loss from last week as it rebounded by a substantial 3.79% week-on-week to another new historic...
The Federal Government is hoping to raise N2.5 trillion fresh domestic debt in February in its effort to meet N9.18 trillion 2024 fiscal budget deficit. On...
Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase confirms...
Veritas Kapital Assurance Plc has reported a staggering 287% increase in profit after tax for the full-year2023, soaring from N562.7 million in 2022 to an impressive...
The 364-day tenor treasury bill was oversubscribed as its stop rates spiked to 19% at the February 7th 2024 auction. The CBN offered N600 billion of...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities of...
As of January 2024, there were 5.35 billion internet users worldwide, which amounted to 66.2 percent of the global population Latest figures by Statista, show that...