Nigeria: FG Earned N1tn from Digital Economy in Two Years, 5G 95% Ready For Deployment
The Minister of Communication and Digital Economy, Dr. Isa Pantami, yesterday said the communication and digital sector generated over N1…
Category: Local
Nigeria: 1.2 Million Subscribers Changed Mobile Service Providers – NCC
The number of subscribers that left their mobile telecommunications service providers for other mobile networks rose to 1,222,124 in June…
Nigeria: FG To Unveil Five-Year Development Plan In October
The Federal government on Monday disclosed plans to unveil the Medium-Term National Development Plan 2021-2025 in October. According to the…
Fintech Has The Potential To Change The Capital Market – NGX
Nigeria’s financial technology companies have a huge potential to transform the capital markets and effectively build a digital economy. This…
Nigeria: United Capital Increases Issuance of CPs to N50bn
United Capital Plc has notified the Nigerian Exchange Limited (NGX) that it has secured the approval of FMDQ Securities Exchange…
FG Pays $266.141m Cash Call Arrears To JV Partners In One Year, $1.464bn Outstanding
The federal government through the Nigeria National Petroleum Corporation (NNPC) was only able to pay $266.141 million out of an…
As Access Bank Intensifies Fight Against Financial System Fraud
Oluchi Chibuzor writes on efforts by Access Bank Plc to protect customers from the activities of fraudsters In recent times,…
NPA Rakes In N300b From Ship Dues At Lagos Ports
The over $1.8million the agency is generating from the lease of the two hoppers is seen by the senior official,…
Nigeria To Attract $150bn Investment From $4trn Halal Trade
Organisers of the International Halal Expo, Abuja Chamber of Commerce and Industry (ACCI) have stated that Nigeria is expected to…
Govt N4.8bn Pledge: FG Can’t Be Trusted, Says NARD, We Negotiated With NMA, Minister Insists
The National Association of Resident Doctors, on Sunday, faulted the N4.8bn which the Federal Government promised to release for the…
Millennials And GenZs Are Driving The Adoption And Penetration Of Digital Banking In Nigeria
The banking world has gone through exciting transitions—from the days of taking tallies and manual filings to modest computerizations, automation,…
Nigeria: External Reserves Lose Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain the momentum it started four…
Nigeria: Federal Government To Partner Stockbrokers For Double Digit Economic Growth
The Federal Government also reiterated its resolve to put an end to insecurity which has significantly dampened both foreign and…
Nigeria: Fuel Price Remains Until FG, Labour End Negotiations
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the…
Nigeria: Capital Market Must Strengthened to Drive Production, Create Employment
The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has expressed the need for the capital market…
Nigeria: Experts seek revival of initial public offerings
Participants at the just-concluded 2021 National workshop of the Chartered Institute of Stockbrokers (CIS) have underscored the need to develop…
Nigeria: Shareholders Disagree With Securities and Exchange Commission (SEC) Over N170bn Unclaimed Dividend
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the use of the…
Nigeria: Honeywell, Transcorp Dominate Stock Market Activities
The financial services industry dominated, in volume terms, last week’s transactions at the equities sector of the Nigerian Exchange Limited…
EFCC Asks Banks To Report Fraudulent Election Financing, Forex Malpractices
Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), has asked banks to collaborate with the agency in…
Customs Illegally Engaging Soldiers For Operations — Senator
Senator Francis Fadahunsi, has disclosed that officials of the Nigerian Customs Service, NCS, going out on field operations are accompanied…
30% Frontier Exploration Not From NNPC Profit… Energy Analyst Clarifies Five Misconceptions In PIA
The signing into law of the Petroleum Industry Bill (PIB) by President Muhammadu Buhari has continued to elicit different reactions from…
Twitter Agrees To Seven Out Of Ten Demands – Nigerian Govt
The Federal Government says from the 10 demands put forward to lift Twitter suspension, the microblogging and social networking platform…
Nigeria: 20 Years On: Telcos Attain 297m Phone Lines, Fail On Financial Inclusion, Security
Despite opportunities the telecommunications revolutions have offered the country this 20 years, especially with 297 million telephone lines connected, insecurity…
Internet Of Things (IOT) Adoption Rising Across Industries In Nigeria, Says Expert
The number of companies across the different sectors of the Nigerian economy adopting emerging technologies like the internet of things…
Nigerian Currency Depreciates Further To N520/$1
The Naira weakened for a second trading session at the unregulated segment of the foreign exchange (forex) market on Thursday,…
Lawmakers Fume Over FG’s Plan To Borrow N5.62tn, Tackle MDAs Hiding Revenue
The House of Representatives yesterday expressed displeasure over the way some Ministries, Departments and Agencies (MDAs) conceal their revenues, thereby…
Stop Borrowing Dollars, Borrow Sense: Naira On Its Way To A Thousand To A Dollar
Suddenly the naira shot through to five hundred and twenty five to the dollar at the unencumbered parallel market after…
Pounds Falls To One-Month Low As Edgy Investors Buy Dollars
Sterling touched a new one-month low against a robust dollar on Friday and also slipped to a one-month low against…
Kyari Urges Greenfield Refinery To End Product Importation
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has urged members of the Board…
Shippers Going Bankrupt, Unable To Repay Loans’
President, Shippers Association of Lagos (SAL), Rev. Jonathan Nicol has said that Nigerian shippers are going bankrupt, as they are unable…