FG to Deliver 6m Free Meters to Consumers in Q4
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...
NCC Directs Banks to Deduct USSD Fees Through Airtime
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...
Internet Data Consumption Declines After 50% Tariff hike
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...
AEDC Refunds N241m Electricity Credit to Customers
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...
FG, Gates Foundation Seal $7.5m Deal to Launch National AI Scaling Hub
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...
Naira Holds Firm Against Dollar in Both Official, Black Markets
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...
IATA Bemoans High Airlines’ Operating Costs in Africa
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
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...
Pantami Foundation Donates N66m, 162 Animals to Needy for Eid Celebration
Pantami Foundation Donates N66m, 162 Animals to Needy for Eid Celebration
In a major philanthropic gesture to support the less privileged during the Eid-el-Kabir celebrations,...
Equities Market Gains N1.7 trillion
Renewed investor confidence, supported by strong macroeconomic fundamentals, propelled the Nigerian equities market to new heights last week, adding a substantial N1.7 trillion to its market capitalisation.
Cost of Imported Materials Surge by 118% in 2024 – MAN
The cost of imported raw materials surged by 118 per cent to N6.64 trillion in 2024 alone due to the depreciation of the exchange rate, Manufacturers Association of Nigeria (MAN) has disclosed.
Nigeria Maintains Clean Bill as $1.3bn Airline Funds Remain Blocked
The International Air Transport Association (IATA) yesterday reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end of April 2025.
Access Bank Acquires National Bank of Kenya (NBK) from KCB Group
Access Bank Acquires National Bank of Kenya (NBK) from KCB Group
KCB Group PLC (KCB Group) and Access Bank PLC (Access Bank) have completed...
Naira Gains Against Dollar in Both Official, Parallel Markets
Naira Gains Against Dollar in Both Official, Parallel Markets
The naira appreciated by ₦5.33 against the US dollar across both the official and parallel markets...
Naira Falls Against Dollar in Black Market
Naira Falls Against Dollar in Black Market
The naira continued its downward slide against the US dollar in the parallel market on Friday, May 30,...
African Airlines Record 13.6% Jump in Passenger Traffic
African Airlines Record 13.6% Jump in Passenger Traffic
The International Air Transport Association (IATA) released data for April 2025 global passenger demand with African airlines...
NGX Loses N54bn as Bullish Trading Comes to a Halt
NGX Loses N54bn as Bullish Trading Comes to a Halt
The Nigerian Exchange Limited (NGX) lost N54bn in market capitalisation at the close of trading...
Tinubu Orders Reduction in Oil Project Costs
Tinubu Orders Reduction in Oil Project Costs
President Bola Tinubu has signed an Executive Order aimed at slashing oil and gas projects’ costs, improving government...
Cardoso Honored as Central Bank Governor of the Year
Cardoso Honored as Central Bank Governor of the Year
Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso, has been named Central...
Naira Sheds ₦10 Against Dollar in Parallel Market
Naira Sheds ₦10 Against Dollar in Parallel Market
The naira weakened against the US dollar in the parallel market on Thursday, May 29, reflecting ongoing...
