News
Nigeria: FG Achieves 47.6% of Monthly Target- NIN Registration
In the first eight months of the year, the National Identity Management Commission (NIMC) has met only 47.6% of the Federal Government’s monthly ...
Kenya
Kenya Experiences a Surge in Diaspora Remittances from African Nations
Kenya has witnessed a remarkable 42 percent increase in Diaspora remittances originating from African countries over the past seven months. This growth comes ...
News
Nigeria: Naira Bounces Back by 5% as Banks Roll Out FX Sales Update
The Nigerian naira, the local currency, has successfully reversed the losses it incurred throughout August, aided by the unveiling of the central bank’s ...
News
Nigeria: NCC Urges Nigerians to Foster Indigenous Content for Stable Telecom Tariffs
The Nigerian Communications Commission (NCC) has underscored the importance of creating indigenous content to prevent potential increases in telecom tariffs. According to the ...
News
Nigeria: NAICOM Reports Surge in Insurance Agents to 6,700
The National Insurance Commission (NAICOM) has revealed a significant increase in the number of insurance agents, reaching a total of 6,700 agents. This ...
News
Nigerian Stock Market Soars to 15-Year High with NGX ASI at 66,490.34
The Nigerian Exchange Limited’s All-Share Index (ASI) reached a remarkable milestone, closing at 66,490.34 basis points on Tuesday, marking its highest level in ...
News
Nigeria: Surge in Product Taxes- NBS Reports N1.36tn in First Half of 2023
Despite widespread economic challenges, product taxes in Nigeria soared to N1.36tn during the initial six months of 2023, marking a significant increase of ...
News
Nigeria: Central Bank Borrowing Surges to N12 Trillion as Banks Struggle with Cash Shortage
Recent data reveals a growing reliance on the Central Bank of Nigeria (CBN) for liquidity among commercial and merchant banks. Over the past ...
News
Nigeria Collects N2 Trillion in Taxes from Foreign Tech Giants Google, Facebook, and Others
The federal government of Nigeria has amassed a significant sum of N2 trillion ($2.5 billion) in taxes from foreign companies operating within the ...
News
Nigeria: Telecom Sector Contributes 16.06% to Nigeria’s Q2 2023 GDP, Reports NBS
The telecommunications and information services (telecoms) sector has emerged as the third-highest contributor to Nigeria’s GDP in the second quarter of 2023. This ...