News
Nigeria: Foreign Investment in Nigeria’s Telecom Sector Drops 46.9% to $399 Million in 2022
The Nigerian telecommunications industry attracted $399.9 million in foreign direct investment (FDI) during 2022, as revealed by data from the Nigerian Communications Commission ...
News
Nigeria: Naira Plummets as FX Demand Outpaces Supply
Following a recent display of strength in the foreign exchange (FX) market, the Nigerian naira has experienced a sharp decline due to diminishing ...
News
Nigeria’s Economic Expansion Slows Down in Q2
Amidst escalating uncertainties within the macroeconomic landscape, Nigeria’s Gross Domestic Product (GDP) exhibited a growth of 2.51% year-on-year in real terms during the ...
News
Nigeria: Banks Turn to CBN for Funds Amidst Liquidity Crunch
With interbank borrowing rates on the rise due to escalating liquidity pressure within the financial system, the situation is expected to exacerbate further ...
Global
Global: Mastercard Unveils AI Center in UAE to Amplify Middle East’s Progress
In a collaborative effort with the UAE government, Mastercard has embarked on a mission to propel AI capabilities and advancement within the Middle ...
News
Nigeria Leads with 82% of Africa’s Telecom Subscriptions, NCC Reports
The Nigerian Communications Commission (NCC) has unveiled that Nigeria commands an impressive 82% share of telecom subscriptions across Africa. During the inauguration of ...
News
Nigerian Government Plans to re-introduce National Tax Amnesty Program
The Nigerian government has announced its intentions to reintroduce the national tax amnesty scheme, as revealed in a statement released on Thursday (August ...
News
Nigeria: Former NIMC Chief Discusses Achievements and Future Plans in Exclusive Interview
Aliyu Aziz, the recently retired Director-General of the National Identity Management Commission (NIMC), shares insights into the agency’s progress and future prospects in ...
Ghana
Ghana: AFEX and Ghana Commodities Exchange Join Forces for Cross-Border Trading
AFEX, a commodities exchange platform, has entered into a memorandum of understanding with the Ghana Commodities Exchange to enhance cross-border trading. The partnership ...
News
Nigeria: NIMC Director-General Retires, New Acting DG Appointed to Address NIN Challenges
President Bola Tinubu has instructed the Director-General of the National Identity Management Commission (NIMC), Aliyu Aziz, to take a 90-day pre-retirement leave, signaling ...