The Naira appreciated to N1,365 per U.S. dollar on Thursday, extending gains against the greenback as global currency markets reacted to a broad-based decline...
By Precious Obi Between July and October 2025, Nigeria’s power sector lost ₦187 billion to unbilled energy. On paper, this looks like a technical failure,...
There is growing concern within Nigeria’s banking sector following allegations of a major data breach involving Sterling Bank, with reports claiming that sensitive customer...
The Central Bank of Nigeria has dismissed circulating reports suggesting that billionaire businessman Razaq Okoya is set to acquire Polaris Bank following an alleged...
The World Bank has revealed that imported petrol is currently about 12 per cent cheaper than fuel supplied by the Dangote Petroleum Refinery, highlighting...
Zenith Bank Plc has completed the acquisition of Paramount Bank Kenya Limited, marking a significant milestone in the Nigerian lender’s strategic push into East Africa. The...
The Dangote Refinery has reversed its recent increase in the ex-gantry price of Premium Motor Spirit (PMS), cutting the rate by N75 to N1,200 per litre,...
Nigeria’s currency came under renewed pressure on Tuesday, weakening to N1,389 per dollar as the country’s external reserves declined by approximately $850 million within three weeks,...
The Nigerian Communications Commission (NCC) has announced that its directive mandating telecom operators to compensate subscribers for poor quality of service will take effect...
Nigeria’s telecommunications sector is set for a major overhaul following the unveiling of the Spectrum Roadmap for the Communications Sector (2026–2030) by the Nigerian...