Senate Demands Data Cost Review, Others  The Senate on Wednesday called on the Federal Ministry of Communications, Innovation and Digital Economy to engage telecommunication operators to review the costs of data and other internet-related services for their subscribers. This resolution followed a motion on the ‘Urgent...

NGX Capitalisation Falls by N74bn The Nigerian Exchange lost N74bn in market capitalisation at the close of trading on Wednesday as the All-Share Index declined by 0.1 per cent to settle at 105,485.99 points. The exchange’s overall market capitalisation now stands at N66.1tn. At the end of...

World Bank Projects $15m Investment to Strengthen Nigeria's Statistical Performance The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country is lagging behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil. According to a statement by the budget...

Reps to Probe N1.24tn Sukuk Road Projects Funds The House of Representatives on Wednesday resolved to probe Sukuk backed road projects valued at about N1.24tn raised In the past seven years (2017- 2024). The resolution of the House followed the adoption in plenary of a motion...

MTN, Airtel Partner to Boost Connectivity, Reduce Network Cost  MTN Group and Airtel Africa have signed a network infrastructure-sharing agreement in Nigeria and Uganda, aiming to reduce costs and expand mobile connectivity in underserved areas. Under the agreement, both companies will explore various models of network...

Three cargoes of Dangote Petroleum Refinery’s jet fuel, amounting to approximately 130 million litres, are set for export to Saudi Arabia.