The Federation Accounts Allocation Committee (FAAC) has announced the disbursement of N1.143 trillion as the total revenue for May 2024. This announcement was made at the...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government is offering businesses including manufacturers in the country credit facilities...
As the global food crisis continues to wreak havoc, the World Bank says it has scaled up its efforts to tackle rising food insecurity, particularly in Africa. According...
The United Nations (UN) Agency for Digital Technologies, the International Telecommunication Union (ITU), has announced has $4.8 billion in investment commitments toward boosting connectivity in Nigeria and other...
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has said that the Nigeria Air project unveiled by the ex-president Muhammadu Buhari-led administration is fraudulent....
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68% over Friday’s rate of 1,482.81/$. According to FMDQ...
Trend Micro Incorporated, a global cybersecurity leader, has revealed how it blocked about 24 million cyberattack incidents targeted at Nigerian businesses and individuals in 2023. According...
The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a...
The United Bank for Africa (UBA) has released its achievement over the years as it kicked off celebration of its 75th anniversary on Monday while it...
The Association of Telecommunications Companies of Nigeria (ATCON) has advanced course among government, telecom operators, and construction companies to address fibre cable cut challenges and safeguard...
The Managing Director of Palmpay Nigeria, Mr. Chika Nwosu, has restated the support of the leading fintech firm for regulators in their efforts to strengthen the...
The Federal Government has listed its April 2024 Savings Bonds worth N4.214 billion on the Nigerian Exchange Limited (NGX) platform. This was disclosed in the market...
The African Development Bank Group (AfDB) pledged $2 billion over 10 years towards clean cooking solutions in Africa, being a major step along the road to...
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of 0.49% points. Comparing year-on-year data, the...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it could not force oil marketers in the country to patronize Dangote Refinery to meet their...
Federal Government of Nigeria is set to launch a special purpose vehicle (SPV) for the delivery of an additional 90,000km of fibre optic cable to...
Emirates, the world’s largest long-haul airline, is in a strong position for future growth after it posted a record annual profit by expanding its route network...
In response to the growing demand for business aircraft in Africa, charter operator, VistaJet, has made inroads into Africa’s private jet operations and restated commitment to...
The 5G market is projected to grow from a size of $17.30 billion in 2023 to reach $115.81 billion by 2030, at a compound annual growth...
The fortune of equity investors in Nigeria tumbled last week after the nation’s domestic bourse reversed previous gains to close the week in the red. Specifically,...