As Christmas approaches, millions of Nigerians face a grim holiday season due to soaring inflation and a persistent cash scarcity that have severely impacted...
In a move that has sparked widespread optimism, the Nigerian National Petroleum Company Limited (NNPCL) recently announced a reduction in the pump price of Premium Motor...
The Nigerian naira maintained stability during the fourth trading session of the week, despite the US dollar index reaching a two-year high. The Central Bank of...
The Central Bank of Nigeria (CBN) has announced a temporary measure allowing eligible Bureau De Change (BDC) operators access to the Nigerian Autonomous Foreign Exchange Market...
In a groundbreaking partnership, Singapore-based TSC Global and Nigeria’s Del-York Group have signed a historic $4.5 billion joint venture to develop Africa’s first premier...
The Nigerian Communications Commission (NCC) hosted a virtual Stakeholders’ Forum on December 20, focusing on the creation of a licensing framework for Application-to-Person (A2P)...
In a landmark achievement for Nigeria’s power sector, Lagos State has officially taken control of its electricity market, marking a significant step in the decentralization of...
The Nigerian naira demonstrated a mixed performance across various foreign exchange markets on Thursday, December 19, 2024, reflecting ongoing currency dynamics influenced by market pressures...
Nigeria’s mobile subscription base saw a remarkable recovery in October 2024, rebounding to 157.3 million active subscriptions, up from 154.6 million in September. The...
On Friday, global oil prices declined further, extending a week-long trend of market instability. Brent crude futures fell by 41 cents, or 0.56%, closing at $72.47...