Commercial Fifth Generation (5G) Network Is Now Serving More Than 500 million subscribers
Commercial Fifth Generation (5G) network deployment is now in 176 countries around the globe, serving more than 500 million subscribers.…
Category: Local
Kaspersky Unveils Free Platform To Encourages Small Business Security
Kaspersky has unveiled a free platform for small businesses to improve their security. The platform, called ‘Kaspersky Cybersecurity on a…
E-Naira Will Be Available To All Nigerians: CBN
The Central Bank of Nigeria has said the eNaira will be available to Nigerians without Internet-enabled phones. The CBN disclosed…
Association of Nigerian Electricity Distributors Lose N97 Billion In Q1
Electricity distribution companies have said a total of N97bn was lost in the first quarter of this year to energy…
Top 50 Brand Recognition For MTN Nigeria and Dangote Group
Dangote Group and MTN Nigeria Plc have been recognised for their brand image and presence in the Nigerian market by…
Piggyvest: No User Fund Has Experienced Any Loss Of Any Kind
An ongoing report making rounds on social media claims that Piggyvest lost N2 billion in an alleged scam involving a…
E-Commerce “Sendbox” Raise $1.8 Million
An e-commerce fulfillment company for small merchants, Sendbox, has raised $1.8m to help small merchants fulfill their e-commerce orders. According…
DPR, PPPRA, PEF Get Scrapped By Federal Government Of Nigeria
The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped…
Circulation Currency Rises To N2.84tn, Says CBN
The currency in circulation rose by N58.36bn to N2.84tn in September from N2.79tn in August, the latest figures obtained from…
Oil Continues Gain After Eighth Weekly Advance On Energy Crisis
Oil advanced at the open of trading in Asia after an eighth weekly gain with the market facing a global…
Operating Licences Canceled By FG For 2 Oil Firms Over Unfair Labour Practices, Other Infractions
The Federal Government, through the Department of Petroleum Resources, DPR, the regulatory agency in the Nigeria Oil and Gas Industry, …
Federal Government Raises PPPRA, CBN, Others’ Revenue Targets By N754.31bn
The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and Agencies in the 2022 fiscal period…
Nigerian Exchange Group List Its Issued And Fully Paid Share
Nigerian Exchange Group Plc has listed its entire issued and fully paid 1,964,115,918 ordinary shares of 50 kobo each at…
Nigerians In Diaspora: Yemi Edun Selected For 2022 Power-List Published In Partnership With JP Morgan And PWC
Nigerian-born London property expert and acquisition agent, Yemi Edun, also the founder and CEO of Daniel Ford & Co and…
Nigeria Stock Exchange Market Capitalisation Rise By N41.06 Billion
The market capitalisation of equities in the Nigerian Exchange Limited rose by N41.06bn on Thursday as investors’ trading volume jumped…
FG Reviews PPPRA, CBN, Others’ Revenue Targets By 71.09 Percent
The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and Agencies in the 2022 fiscal period…
Flutterwave Set To Triple Last Valuation
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure…
Naira Depreciate By 0.19 Percent
The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday.…
ABCON Seeks Measures To Curb Naira Depreciation
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated measures to curb the continued depreciation of the…
House Of Representative Expressed Concern Over High Rate Debt Servicing: 2022 Budget
As the legislative debate on the 2022 budget, which was presented to the joint session of lawmakers by President Muhammadu…
CBN Revises Regulations, To Sanction BVN Violators
The Central Bank of Nigeria (CBN) has revised its regulatory framework for Bank Verification Number (BVN) operations noting that violators…
Oil Drops On Worries Inflation May Dent Fuel Demand Growth
Oil prices dropped on Wednesday, after a mixed finish in the previous session, amid worries that soaring coal and natural…
Federal Inland Revenue Services Generated Revenues Worth N4.2 Trillion In Nine Month
Muhammad Nami, executive chairman of the Federal Inland Revenue Services (FIRS), says the agency generated revenues worth N4.2 trillion in…
Despite Forex Scarcity Fuel Imports Consumed $690 Million In Eight Month
As Nigeria’s refineries continue to sit idle, fuel imports remain a major user of foreign exchange as $690.19m (about N285.95bn,…
International Monetary Fund Increases Nigeria’s Growth Prospect To 2.6% & 2.7% For 2021 & 2022
The International Monetary Fund (IMF) has increased Nigeria’s growth prospect to 2.6 per cent and 2.7 per cent for 2021…
UN Promise To Support Nigeria Industrialisation So As To Achieve Sustainable Development Growth
The United Nations (UN) has promised that it is committed to supporting Nigeria’s industrialisation bid as the country progresses towards…