Telcos to Invest N1.4trn in Network Expansion - NCC   Nigeria’s mobile-phone operators plan to step up spending on network infrastructure this year, promising to invest more than the over $1bn (N1.4tn) ploughed into the sector in 2025, the Nigerian Communications Commission (NCC) has said. The commitment...

Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 The naira continued its appreciation against the U.S. dollar on Thursday, January 29, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the...

‎The Federal Government, through the Central Bank of Nigeria (CBN), has upgraded the operating licences of leading financial technology (fintech) firms.

The federal government has announced plans to establish a joint economy and trade committee with Turkey to boost bilateral trade to $5 billion.

FG Moves to Tackle ₦4tn Power Debt as Five Gencos Sign Settlement Deals The Federal Government has taken steps towards resolving Nigeria’s estimated N4tn power sector debt burden as five power generation companies signed settlement agreements under the Presidential Power Sector Debt Reduction Programme, following...

Aviation Unions Slam Enugu Airport Concession, Threaten Strike Aviation workers’ unions have rejected the Federal Government’s concession of the Enugu airport, describing the process as insensitive, opaque, and exclusionary, warning that industrial action may follow if the decision is not reversed. The unions—the Air Transport Services...