News
Nigeria: Money Market Rates Decline as Financial System Liquidity Improves
Money market rates dipped on Monday as liquidity levels in Nigeria’s financial system improved ahead of bond auction debits. Despite the absence of ...
Nigeria
Nigeria: Blockchain as a Catalyst for Economic Growth, Says Nigerian Expert
Adeshina Ajayi, a Nigerian blockchain expert, has underscored the transformative potential of blockchain technology in driving economic growth. Ajayi, who is leading initiatives ...
Nigeria
Nigeria: SEC to Equip CEOs, Compliance Officers on FATF Regulations
The Securities and Exchange Commission (SEC) is set to host a compliance summit aimed at empowering Chief Executive Officers (CEOs) and Compliance Officers ...
Nigeria
Nigeria: NATCOMS Proposes 10% Tariff Increase for Telecoms Amid Rising Costs
The National Association of Telecommunications Subscribers (NATCOMS) has urged the Nigerian Communications Commission (NCC) to approve a 10% tariff increase for telecommunications companies ...
News
Nigeria: FBN Holdings Appoints Wale Oyedeji as Group Managing Director
FBN Holdings Plc, one of Nigeria’s foremost financial institutions, has named Adebowale Wale Oyedeji as its new Group Managing Director (GMD), effective from ...
Nigeria
Nigeria: Federal Government Proposes 5% Tax on Telecom Services and Other Sectors
The Federal Government of Nigeria has put forward a proposal to introduce a 5% excise duty on telecommunications services, gaming, and betting activities ...
News
Nigerian Businesses Face 2,560 Weekly Cyberattacks, Reports CSCS
The Federal Government has emphasized the need for robust cybersecurity infrastructure to support Nigeria’s growing digital economy, following a disclosure by the Central ...
Nigeria
Nigeria: Capital Expenditure Drops by 25% Despite Concurrent Budgets – CBN
Nigeria’s capital expenditure (CAPEX) for the first half of 2024 dropped by 25.3% to N1.99 trillion, down from N2.68 trillion in the corresponding ...
Nigeria
Nigeria: Investor Confidence Relies on Capital Market Integrity – SEC DG
Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has reaffirmed the commission’s commitment to ensuring a secure and resilient ...
News
Nigeria: Intelsat Launches CellBackhaul in Nigeria to Strengthen Africa’s Connectivity Infrastructure
Intelsat has unveiled its CellBackhaul solution in Nigeria as part of a larger initiative to enhance connectivity across Africa. This new solution will ...
