Category: featured

Fibre optic damages surge 900% in Nigeria – Report

Telecommunications operators in Nigeria experienced a sharp rise in fibre optic cable damages in January...

FG to review MTN’s $6.2b IHS acquisition over strategic concerns

The Federal Government has stated that MTN Group’s proposed $6.2 billion acquisition of IHS Holding...

FG boosts oil sector accountability with new calibration facility

The Federal Government has stepped up measures to boost accountability in the crude oil sector...

MTN to buy remaining 75.3% of IHS for $2.2bn

MTN Group announced it has reached an agreement to acquire the remaining 75.3 per cent...

Nigeria can transmit real-time election results, NCC rejects Senate’s claims

The Nigerian Communications Commission has issued a stern warning to telecom operators in the country,...

Naira holds steady at ₦1,354.86/$ in official market

The Naira maintained a stable yet cautious position against the United States Dollar during the...

Power generation to dip as gas facility maintenance begins

Electricity generation across the country is expected to dip temporarily as scheduled maintenance on a...

CBN fines banks ₦10m for using unaccredited cheque printers

The Central Bank of Nigeria has imposed a N10 million fine and ordered the withdrawal...

A’Ibom rejects claims of returning 76 oil wells to C’River

Akwa Ibom State Attorney General and Commissioner for Justice, Uko Udom SAN, has faulted media...

X outage disrupts users as complaints spike globally

Thousands of social media users on Monday reported difficulties accessing X, formerly known as Twitter,...

Nigeria’s inflation drops to 15.1% in January – NBS

Nigeria’s headline inflation rate fell to 15.1 percent in January, down slightly from 15.15 percent...

MSMEs lose ₦5–₦10tn yearly to employee fraud – CPPE

Nigeria’s micro, small, and medium enterprises are losing between N5 trillion and N10 trillion annually...