Category: News

Nigeria’s broadband penetration falls to 41.56%

Broadband penetration in Nigeria fell to 41.56% in September, down from previous levels, as efforts...

Avoid forex auction interventions, W’Bank advises CBN

The Central Bank of Nigeria has been advised against intervening in the foreign exchange market...

32 states rely on FAAC for 55% of revenue – BudgIT

A new report by BudgIT reveals that 32 of Nigeria’s 36 states relied on allocations...

Naira strengthens to 1630/$ at official market

The Naira on Tuesday strengthened in the official market, rising to 1,630.45/$ from 1,670.65/$ in...

Dangote asks NNPC, marketers to stop fuel importation, boasts sufficient supply

The Chairman of Dangote Group, Aliko Dangote, has called on petroleum marketers, including the Nigerian...

Food security: FG unveils initiative to cultivate 750,000 hectares

The Federal Government has unveiled an initiative to cultivate 750,000 hectares of land for maize,...

TikTok founder, Zhang Yiming, ranked China richest man

The founder of ByteDance, Zhang Yiming, has officially become China’s richest individual, according to the...

Telecom operators losing billions to vandalism, theft – NCC

The Executive Vice Chairman of the Nigerian Communications Commission, Dr. Aminu Maida, has emphasized the...

Elumelu Foundation supports 20,000 African entrepreneurs with $5,000

Heirs Holdings and the Tony Elumelu Foundation have announced a provision of $5,000 in seed...

Moniepoint raises $110m in funding

Nigerian fintech Moniepoint has secured $110 million in a funding round led by Development Partners...

Access Bank plans US expansion in 2026

Access Bank has announced plans to enter the U.S. market by the first quarter of...

IBEDC, Bresson sign N180bn 24-hour electricity deal for Ogun community

Bresson AS Nigeria Limited and Ibadan Electricity Distribution Company have officially signed a Power Purchase...

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