The Nigerian Communications Commission (NCC) says it will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. This is...
The Nigerian Exchange Limited (NGX) experienced a notable downturn last week, with the benchmark index that track aggregate share price movement, the All-Share Index (ASI), falling...
The African Development Bank (AfDB) has launched and priced a new GBP 500 million 3-year Benchmark transaction due February 1st, 2028. The bond pays a coupon...
Nine Deposit Money Banks (DMBs) are to pay a N1.35 billion fine for failing to adequately load their Automated Teller Machines (ATMs) during the Yuletide. The Central...
After days of silence over the well-publicised $225.8 million case with the General Hydrocarbons Ltd (GHL) owned Nduka Obaigbena’s by, First Bank of Nigeria finally released...
A new global survey from Ipsos and Google reveals that attitudes towards artificial intelligence (AI) are trending positive as its use becomes more widespread. This is an improvement...
The United States of America and Nigeria have taken a major step to deepen their technological collaboration with the inaugural U.S.-Nigeria Technology Dialogue, held on January...
The inflation figure for December 2024 is expected to rise further on the back of price pressure. This was revealed in the Cowry Weekly Financial Markets...
After a 50-year hiatus, Ethiopia has officially launched the Ethiopian Securities Exchange (ESX), marking a significant milestone in the country’s financial sector and investors’ participation. Ethiopian...
The Central Bank of Nigeria (CBN) has announced the launch of two new account types targeted at Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account...
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna. The stated...
By FBNQuest Research According to the most recent data provided by the CBN’s Quarterly Statistical Bulletin (QSB), the total utilisation of foreign exchange (FX) by various...
Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China’s attempts to stimulate its economy....
By Simbo Olorunfemi That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not...
In the final trading day of the year 2024, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) shed 22 basis points to...
ASI Closes 2024 at +37.65% Nigerian Exchange Limited (NGX) has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive...
Highlights Sector is under siege Operators crave bold reforms Clamour for tariff review ricochets Service shedding imminent The survival of Nigeria’s telecommunications sector in 2025 and...
The Democratic Front (TDF) has said that the announcement of a $5 billion final Investment Decision (FID) by Shell on the Bonga North Deep Offshore field...
Airtel Africa has announced the commencement of a second share buyback programme that will return up to $100 million to shareholders. In a statement, the telecommunications...
The Court of Appeal in Abuja has ordered MTN Nigeria to pay N15million in damages for unlawful deduction of a subscriber’s airtime over services the aggrieved customer – Ezugwu...