Nigeria’s internet consumption surpassed 1 million terabytes for the first time in January 2025, marking a major milestone since the Nigerian Communications Commission (NCC) began tracking d...
He stated that while the recently rebased Consumer Price Index (CPI) indicates a year-on-year headline inflation rate of 24.48 percent, which reflects the country’s economic realities, this figure rem...
The Nigerian stock market experienced a downturn on Thursday, as bearish sentiment returned, resulting in a N26 billion loss for investors. Consequently, the market capitalization of the Nigerian Exch...
The Federal Government has revealed that it is interested in moving most electricity consumers in Nigeria to Band A where they will enjoy a minimum of 20 hours of electricity supply daily. It disclose...
The former military head of state, General Ibrahim Badamasi Babangida, has finally confirmed that the late Chief Moshood Abiola won the presidential election of June 12, 1993. Babangida made this reve...
Kuda Bank, a Nigerian neobank, raised an undisclosed equity round in 2024, securing additional capital after its operational costs spiked losses and led to a decline in cash reserves. In 2023, Kuda’s ...
The Central Bank of Nigeria monetary policy committee has voted to hold all rates across board with the headline monetary policy rate held at 27.5%. This was announced by the central bank governor, Ye...
In a statement on its X handle on Wednesday, TCN said the new peak surpassed the previous day’s peak of 5,4378MW. “The Transmission Company of Nigeria (TCN) is pleased to announce that the Nigerian Po...
The naira’s strong performance has continued as the local currency appreciated again to close at N1514/$1 at the parallel market on Wednesday, February 19, 2025. This represents an N11 or 0.72% gain w...
The summit will be held in Abuja from February 24th to 27th, 2025. The Women in Energy Forum, themed ‘Advancing Africa’s Energy Transformation and Inclusion’, aims to highlight the pivotal role of wom...
