Internet Data Consumption Declines After 50% Tariff hike The Nigerian Communications Commission report has revealed that Internet data consumption in Nigeria declined by 17,647 terabytes between January and April 2025, following the implementation of a new tariff regime that saw the cost of telecommunications services...

AEDC Refunds N241m Electricity Credit to Customers The Abuja Electricity Distribution Company has refunded electricity credit worth N241.45m to 9,823 customers across its franchise areas as compensation for billing irregularities and regulatory infractions committed between June 2024 and January 2025. The refunds, processed as energy credits,...

‎FG, Gates Foundation Seal $7.5m Deal to Launch National AI Scaling Hub ‎Nigeria has signed a landmark agreement with the Bill & Melinda Gates Foundation to launch the Nigerian Artificial Intelligence (AI) Scaling Hub, backed by up to $7.5 million in funding and technical support. ‎The...

Naira Holds Firm Against Dollar in Both Official, Black Markets ‎The naira falls slightly by ₦2.33 against the US dollar at parallel market but appreciated at the official market on Tuesday, June 3, reflecting ongoing volatility in Nigeria’s foreign exchange landscape. ‎In the black market, currency...

The International Air Transport Association (IATA) has expressed concern over the high operating costs of airlines in Africa.

Naira Gains Against Dollar in Both Official, Black Markets ‎The naira appreciated by ₦15.33 against the US dollar across both the official and parallel markets on Monday, June 2, reflecting ongoing volatility in Nigeria’s foreign exchange landscape. ‎In the black market, currency traders in Abuja told...