The African Development Bank (AfDB) has garnered widespread international recognition for its transformative work across the continent, cementing its status as Africa’s premier multilateral development institution....
Oil prices plunged sharply on Friday, capping off a tumultuous week marked by rising global trade tensions, triggered by United States’ imposition of export tariff hikes...
China has hit back hard against what many economic analysts tagged as Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a...
JP Morgan, an American Bank, is planning to transform its representative office in Lagos into a fully-fledged business branch, marking a further step in the strategy...
The aggregate value of stock transactions on the floor of the Nigerian Exchange Limited (NGX) fell from N607.05 billion (approximately $410.84 million) in January 2025 to...
The Securities and Exchange Commission (SEC) has just announced that President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2025, which automatically repeals...
Industry leaders at a summit on the implementation of Critical National Information Infrastructure (CNII) framework in Nigeria have establish a direct link between Nigeria’s $1 trillion...
One of Nigeria’s leading non-interest banks, TAJBank, says it is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk bond to beef up its...
Rack Centre, West Africa’s leading Tier III Carrier and Cloud neutral data centre, has welcomed Olla Cloud Service, a new private cloud service by Olla Systems...
Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani has said achieving robust digital connectivity in Nigeria is not an exclusive duty of the...
By Olawale Azeez The Secretary of the Universal Service Provision Fund (USPF) of the Nigerian Communications Commission (NCC), Mr. Yomi Arowosafe, has commended the International Telecommunication...
PRESS RELEASE DevReporting, an online newspaper established by Development Reporting Services Limited, is set to take off. With its headquarters in Lagos, the newspaper said its...
In a bid to safeguard the country’s $75.6 billion telecom industry, stakeholders are set to convene at the seventh edition of the Policy Implementation Assisted Forum...
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, NCC, Dr. Aminu Maida has disclosed that telecom operators in the country experienced...
President of Dangote Industries Limited (DIL), Aliko Dangote, has revealed that his company—the Dangote Petroleum Refinery—has enough Premium Motor Spirit (PMS) otherwise known as petrol in...
The FGN Bonds secondary market sustained a bullish run last week, with yields contracting across various maturities amid strong investor confidence. The high-yield environment and expectations...
The naira posted a moderate appreciation against the US dollar this week, gaining N8.62 or 0.01% week-on-week to close at N1,501.08 per dollar in the official...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000-litre fuel tankers from operating on Nigerian roads. It also added that no truck with over 45,000...
The National Bureau of Statistics (NBS) has explained why Nigeria’s headline inflation rate dropped to 24.48 per cent in January 2025 after rebasing. The Statistician-General of...
Nigeria’s headline inflation rate has dropped to 24.48% in January 2025, down from 34.80% in December 2024. The National Bureau of Statistics (NBS) announced this on...