The Insurance Sector at the close of business year Q4 2023 met its tall dream of hitting the trillion naira premium income mark as the industry...
At the end of its two-day Monetary Policy Committee (MPC) meeting on Tuesday (today), the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate...
MTN has signalled a potential departure from Guinea-Bissau, Guinea-Conakry and Liberia, as it highlighted numerous challenges in the West and Central Africa region. The Group President and...
The Senate’s Communications Committee has approved the Nigerian Communications Commission (NCC) budget of N549.6 billion for 2024. This was made known during a joint Senate and...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates...
Surpass N19 trillion Target for 2024 Total assets under management of the regulated pension industry in Nigeria has increased by 6% or N1.175 trillion to N19.531...
The Nigerian Communications Commission (NCC) has disclosed that undersea cable cuts that affected voice and data services in the country have now been restored to approximately...
Various policies and regulations put in place to boost internet experience in Nigeria have not taken the country very far when compared with some 92 other...
Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points...
Meta’s Facebook Instagram and Threads have left millions of users stranded after the servers of the social media platforms shut down on Tuesday. Facebook and Threads...
Transcorp Power Plc has just listed 7.5 billion shares at N240 per share on the Main Board of the Nigerian Exchange Limited (NGX). The new security...
Despite various economic headwinds confronting Nigerians, customers of MTN in the country committed over a trillion naira to data subscription on the network of the mobile...
MTN Nigeria Plc has announced a staggering loss before tax of N177.8 billion, a sharp contrast to the pre-tax profit of N518.8 billion recorded the previous...
Airtel Africa has commenced a share buy-back programme to recover shares up to $100 million from its shareholders at both Nigeria and London stock exchanges. This...
Biting inflation in Nigeria as pushed up the price of the Liquefied Petroleum Gas (LPG) otherwise known as cooking gas by 12% from N4,589 in one...
The Centre for the Promotion of Private Enterprise (CPPE) has condemned latest rate hikes by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria...
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...
The Nigerian Communications Commission (NCC) has taken critical steps to reduce exposure of the country’s $75 billion telecom industry to emerging risks. According to the commission,...