News
Nigeria: Naira Exchange Rates Diverge Amidst FX Demand and Supply Dynamics
The Nigerian naira witnessed divergent exchange rates following a surge in its recovery after the apex bank’s settlement of the FX backlog. Despite ...
News
Nigeria: NCC Emphasizes ICT’s Crucial Role in Combating Financial Crimes
The Nigerian Communications Commission (NCC) underscores the pivotal role of Information and Communication Technology (ICT) in the fight against financial crimes. Dr. Aminu ...
News
Nigeria: NIGCOMSAT’s Role in Advancing Digitalization and Boosting Revenue
Mrs. Jane Nkechi Egerton-Idehen, the Managing Director of the Nigerian Communications Satellite (NIGCOMSAT), emphasized the substantial contributions of her organization to Nigeria’s digitalization ...
News
Nigeria: Over One Million Applications Received for Federal Government’s 3MTT Programme
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has revealed that the Federal Government’s Three Million Technical Talent (3MTT) program ...
News
Nigeria: BDC Operators Advise Currency Speculators Amid Naira’s Strength
The Association of Bureau de Change Operators of Nigeria has issued a caution to currency speculators as the Naira continues to gain strength ...
News
Nigeria: JP Morgan Forecasts Naira to Reach N850/$ by Year-End
JP Morgan, a prominent US multinational financial services firm, has projected that the Nigerian naira will trade at N850 per US dollar at ...
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Nigeria: Expanding Nationwide Reach and Service Quality: PenCom Empowers PFAs with Branch Expansion
The National Pension Commission (PenCom) has taken a momentous step in advancing pension services across Nigeria. In a recent circular directed at licensed ...
News
Nigeria: NAICOM: Unveiling a 10-Year Strategic Roadmap for the Insurance Industry
Over the years, NAICOM has actively undertaken measures to advance the insurance industry in alignment with its regulatory responsibilities. A primary objective of ...
Global
Global: Elon Musk Unveils “Grok,” an AI Chatbot with Wit and Wisdom
Elon Musk, along with his artificial intelligence (AI) startup xAI, has introduced “Grok,” a chatbot AI with claims of outperforming OpenAI’s original ChatGPT ...
News
Nigeria: Naira Strengthens to N950 as Recovery Continues
The Nigerian naira continued its positive momentum against the US dollar, reaching an average exchange rate of N950/$ in the parallel market. This ...