The Central Bank of Nigeria (CBN) released $547.7m (N823.19bn at the official exchange rate of N1,503.3/$1, as of June 30, 2024) to Nigerians for the importation of...
The University of Lagos (UNILAG) has unveiled lead speakers and invited guests for its fourth International Week to include Lagos State Governor Babajide Sanwo-Olu and four...
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty. It released the report on...
In recognition of outstanding leadership and innovation, Dr. Olufemi Bakre, Managing Director and Chief Executive Officer of Parallex Bank Limited, has been honoured as the “Most...
The Nigerian equities market traded with positive sentiments on Tuesday driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). At the close of...
Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August 2024, reflecting a 0.55% increase. This was disclosed by the National...
Aradel Holdings Plc, an integrated energy company has listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board. The shares, listed at N702.69 per share...
The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira...
Starlink Internet Services Nigeria Limited, an internet service provider being operated by Elon Musk’s satellite company, SpaceX, is facing its first regulatory huddle which may lead...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
The federal government has approved over N820 billion for the rehabilitation of the critical Abuja-Kaduna-Kano expressway as well as for the completion of the Bodo-Bonny road...
A new report released by Google, conducted independently by Public First, has underscored the significant impact of its digital products in Nigeria amounting to $1.8 billion...
PalmPay, a premier Africa-focused payment platform, is celebrating its fifth anniversary in the Nigerian market growing its customer base to 35 million within the period. As...
In an effort to bridge the skills gap and curb brain drain in the Nigerian telecom sector, the Nigerian Communications Commission (NCC) has tasked telcos with...
The Nigeria Inter-Bank Settlement System (NIBSS) says instant payments increased to N89.50 trillion in July 2024. Instant payment is an account-based, real-time electronic funds transfer (EFT)...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised the benchmark interest rate in the country by 50 basis points to 27.25%, the...
Nigeria’s high inflation rate which was 32.15% in August has continued to impact the prices of energy, with the rates paid by Nigerians for cooking gas...
The supply of the Dollar and other currencies increased by 117% at the foreign exchange market as the Naira strengthened on Friday. Data obtained from FMDQ...
Mr. Bowale Odukale, a US-based communication expert currently serving as Digital Communication Technologist at Zinc Collective in the United States, has called for accelerated digital literacy...
Zoho, a global technology company, today said that it grew by 31% in 2023 in Nigeria, one of its key markets in the Africa region. The company...