Foreign Investments in Telecoms Decline by 87% – NBS Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4m in the third quarter of 2024, marking an 87 per cent decline from the $113.42m recorded in the second quarter, the National Bureau of Statistics (NBS)...

Kano Governor's Spokesperson Hails PRNigeria Young Communication Fellowship  Sunusi Bature, the spokesperson for Governor Kabir Abba and Director General of Media and Publicity at Government House Kano, expressed his enthusiasm for the capacity-building programs being conducted for young communicators at PRNigeria Centers across Nigeria. Mr. Bature...

SolaceBase Report Wins International Award for Investigative Journalism (L-R) James Ojo and Jabir Ridwan An investigative story by SolaceBase Communications, a leading online publication in Nigeria based in Kano has won an international award. The award won in the online category at the 2024 African Prize for...

FG Vows to Exceed OPEC Oil Production Quota in 2025 The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, has stated that the plan to produce 2.06 million barrels of crude oil per day in 2025 remains on course despite the 1.5mbpd oil production...

Naira Continues to Appreciate at Official Market The naira has continued to strengthen on the official trading window, the Nigerian Autonomous Foreign Exchange Market, as the Central Bank of Nigeria launched the new Electronic Foreign Exchange Matching System this week. According to data on the CBN...

BOI, AGF Sign $50m Deal to Scale Women-owned MSMEs The Bank of Industry (BOI) and African Guarantee Fund (AGF) have signed a $50 million Loan Portfolio Guarantee framework that will help scale up financial and support services to women-owned businesses and Micro, Small and Medium...