FG to Deliver 6m Free Meters to Consumers in Q4
The Federal Government has announced plans to commence the full rollout of free electricity meters under the Presidential Metering Initiative by the fourth quarter of 2025, as part of efforts to close Nigeria’s long-standing metering...
NCC Directs Banks to Deduct USSD Fees Through Airtime
The Nigerian Communications Commission has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly from users’ mobile airtime.
According to an email from the United Bank for Africa to customers on...
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...
