News
Nigeria: NASD Securities Exchange Doubles Market Capitalisation to N2.12 Trillion
The total market capitalisation of securities listed on the NASD Securities Exchange surged by 106% in 2025, reaching N2.12 trillion, as new listings ...
News
Nigeria: NBS Updates Consumption Basket, Refreshes Inflation Measurement
The National Bureau of Statistics (NBS) has updated its Consumer Price Index (CPI) to reflect modern Nigerian consumption patterns, discarding outdated items that ...
Nigeria
Nigeria: Terra Industries Raises $11.75m to Advance Africa-Built Defence Technology
Nigerian defence technology startup Terra Industries has raised $11.75 million in seed funding, marking one of the largest early-stage investment rounds for an ...
News
Nigeria: Wema Bank introduces voice banking on ALAT
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has launched the upgraded version of its flagship ...
Nigeria
Nigeria: PenCom authorises PFAs to appoint external auditors and actuaries
The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) the authority to appoint external auditors and actuaries for Approved Existing Schemes ...
Nigeria
Nigeria: UBA surpasses N500bn capital threshold ahead of CBN recapitalisation deadline
United Bank for Africa Plc (UBA) has exceeded the N500 billion minimum capital requirement set by the Central Bank of Nigeria (CBN) for ...
News
Nigerian Mobile Usage Skyrockets 140% as 4G Becomes Dominant Standard – NCC Report
Nigeria’s digital appetite is growing at an unprecedented rate, with monthly mobile data usage more than doubling in less than three years. New ...
Nigeria
Nigeria: NCC, CBN framework guarantees instant refunds for failed airtime, data recharges – Maida
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have jointly introduced a new regulatory framework that guarantees faster refunds ...
News
Nigeria: PwC forecasts 4.3% real GDP growth for Nigeria in 2026
PwC Nigeria has projected that Nigeria’s economy will expand by 4.3 per cent in real terms in 2026, according to its newly released ...
Nigeria
Nigeria: Telcos, Banks Get March Ultimatum on Airtime Refunds
Banks and telecommunications operators in Nigeria have been given a March 1, 2026, deadline to fully implement a new refund framework aimed at ...