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Nigerians To Pay More For Calls And Data As Tariffs Increase
The Minister of Communications and Digital Economy, Bosun Tijani, has announced that Nigerians will face a tariff…
Smartphone Market Grows in 2024 Despite Economic Challenges
Global smartphone shipments grew by 2.4% year-over-year (YoY) in the fourth quarter of 2024, reaching 331.7…
NCC and FCCPC Sign Agreement to Strengthen Telecom Consumer Protection
The Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission…
Wini Group Debuts AI Varsity In Nigeria To Boost Africa’s Tech Adoption
Wini Group has announced the establishment of Wini University, Nigeria’s first Artificial Intelligence-focused…
FG’s Economic Policies to Boost Marketing Industry in 2025
Industry experts predict Nigeria’s marketing and advertising sector will benefit from the federal government's…
Equity market posts N930bn loss
The Nigerian equity market recorded a significant loss of N930.62bn at the close of trading on Wednesday, marking…
34.8% inflation rate triggers fears of rising prices, hardship
Nigeria's inflation rate surged to 34.80% in December 2024, a marginal increase from November's 34.60%, according…
FCMB appoints executive director
First City Monument Bank (FCMB) has announced the appointment of Felicia Obozuwa as its new Executive Director of…
Nigeria’s Inflation Hits 34.80% Dampening Hopes for Rate Cut
Nigeria’s inflation rate surged to 34.80% in December 2024, dampening expectations for a potential rate cut by the…
Nine Nigerian Banks Face USSD Disconnection Over N160 Billion Debt
Telecommunication companies in Nigeria, under the directive of the Nigerian Communications Commission (NCC), will…
Prolong NBS Website Hack Sparks Inflation Data Uncertainty
The National Bureau of Statistics (NBS) in Nigeria continues to grapple with the fallout of a cyberattack that has…
Telecom tariff hike: Huge financial burden on Nigerians
The recent announcement of telecom tariff hikes in Nigeria has sparked concerns among citizens already burdened by…
Sophos MDR Achieves 26000 Customers Amid Rising Demand for Advanced Security…
Sophos Managed Detection and Response (MDR) has reached a major milestone, now serving over 26,000 organizations…
Data Challenges Hinder Progress of Micro Pension Plan
A pension expert, Michael Oyebola, has highlighted several data-related issues affecting the effectiveness of the…
MTN Nigeria Becomes First to Achieve Compliance Certification in Telecom Industry
MTN Nigeria has achieved a groundbreaking milestone by becoming the first Nigerian organization and the first…
Naira fall takes $310bn toll on economy
Nigeria's economy has suffered a $310 billion loss in GDP over the past decade, driven by naira devaluation, low…
CBN fines 9 banks N1.35bn for failing to dispense cash via ATMs
The Central Bank of Nigeria (CBN) has fined nine banks N1.35 billion for failing to ensure cash availability…
Stanbic IBTC Pension Managers reintroduces self-service channels
Stanbic IBTC Pension Managers has announced the reintroduction of its self-service channels, aimed at enhancing…
Nigerian Reforms and Rising Demand to Drive Africa’s 4.2% GDP Growth in 2025
The Brookings Institution has forecasted a 4.2% growth in Africa’s GDP for 2025, an improvement from 2023's 3.1%,…
FG Confident in Achieving N36.35 Trillion Revenue Target for 2025
The federal government is optimistic about meeting its ambitious N36.35 trillion revenue target for 2025, thanks…
FG unveils Digital Trade Desk to boost Nigerian startup funding to $5bn
The Nigerian government has introduced a new initiative called the Digital Trade Desk, aimed at accelerating…
Stock Price of FBN Holdings Crashes by 5.63%
The stock price of FBN Holdings Plc fell by 5.63% on the Nigerian Exchange Limited (NGX), closing at ₦28.50 per…
FX Appetite Drives 79.4% Surge in Mutual Funds to N3.8 Trillion
The growing appetite for foreign currency investments, especially dollar-denominated assets, has propelled…
Value of eNaira rises by 57% to N18.32 bn
The value of the eNaira, Nigeria's digital currency introduced by the Central Bank of Nigeria (CBN) in 2021,…
Naira appreciates to N1,655/$ in parallel market
The Naira appreciated in the parallel market yesterday, trading at N1,655 per dollar compared to N1,665 last…
Investors lose N51bn as equity market shrinks
The Nigerian Stock Exchange (NGX) recorded a N51bn decline in market capitalization on Monday, closing at N64.3tn.…
December inflation projected to hit 35.20%
Nigeria’s inflation rate is projected to rise to 35.20% in December 2024, driven by persistent price pressures,…
Nigerian Banks’ Market Capitalisation Hits N7.90tn
Eleven Nigerian banks have collectively achieved a market capitalization of N7.90tn, showcasing varying…
BREAKING: Mojisola Meranda Emerges New Lagos Assembly Speaker After Mudashiru…
Hon. Mojisola Lasbat Meranda has been elected as the new Speaker of the Lagos State House of Assembly, Mudashiru…
Nigeria’s Foreign Trade by LC Payments Down 52.5% YoY to $506.1m
Nigeria’s foreign trade by Letter of Credit (LC) payments declined by 52.5% Year-on-Year (YoY) to $506.1 million…