Relevant Nigerian authorities have commenced work to address issues around revenue of foreign airlines that have been trapped in Nigeria, put at over $464 million. The...
The Nigerian public recently became agitated following the announcement of imposition five per cent excise duty on telecoms services proposed by the Federal Ministry of Finance,...
The incessant rise in the prices of goods and services in Nigeria has worsened to indicate a higher cost of living amidst deteriorating consumer purchasing power....
The bears dictated proceedings in the domestic bourse last week, as profit-taking activities dominated market performance, leading to N571 billion losses for investors in the Nigerian...
Broadband penetration in Nigeria is growing to regain its all-time high of 45.93% recorded in October 2020. The figure translated to 87.676 million connections to either...
Buying interest in Dangote Cement and 19 others suppressed the losses reported by Lafarge Africa and nine others on Wednesday, leaving the Nigerian Exchange (NGX) Limited...
Debt servicing is taking a better part of Nigeria’s fiscal arrangement as the Federal Government projected to spend up to N10.43 trillion to service debts by...
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.21% to close at N20.05 trillion from N20.01 trillion the previous week, reflecting...
The Board of Trustees (BoT) of the Investors’ Protection Fund (IPF) has approved an increase in the maximum compensation sum to investors who have suffered pecuniary...
By Ahmed Ayanfe The Executive Vice Chairman of the Nigerian Communications Commission, Professor Umar Danbatta, has said the commission has so far identified 72 action points...
The volatility in the forex market has killed several telecom projects, stakeholders in the ICT sector has said, even as they called on policymakers to make...
The Central Bank of Nigeria (CBN) has commended Remita, Nigeria’s leading fintech platform, for pioneering the usage of eNaira for payment transactions. The Remita eNaira initiative...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday again raised the Monetary Policy Rate from 13 per cent to 14...
As Over $2.16 Billion Forex Spending by Operators Bites Pantami, Danbatta, Abdullahi to Lead Dialogue Organisers of Policy Implementation Assisted Forum (PIAFo) have dedicated the...
Consumers Pay N193.53 Billion Outstanding balance stands at N79.47 Billion Power distribution companies (DisCos) in Nigeria have billed electricity consumers in the country a total of...
The Independent National Electoral Commission (INEC) has extended the Continuous Voter Registration (CVR) till Sunday July 31, 2022. The commission disclosed in a statement on...
By David Alonge Elon Musk is seeking to end his $44 billion (£36 billion) bid to buy Twitter, alleging multiple breaches of the agreement. The announcement...
The Debt Management Office (DMO) on behalf of the federal government on Tuesday listed the N250 billion, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031...
The Federal Government on Tuesday night announced the takeover of Kano, Benin and Kaduna electricity distribution companies (DisCos) by Fidelity Bank Plc after the bank initiated...
The Presidential Enabling Business Environment Council (PEBEC) has ranked the Nigeria Immigration Service (NIS) the best in enhancing the federal government’s policy on ease of doing...
