Mobile Money Accounts Risen by 22% in Nigeria and Sub-Saharan Africa, Boosted by Regulatory Changes.
The number of mobile money account owners in Nigeria and Sub-Saharan Africa has grown significantly in the past year, according...
Nigeria’s Currency in Circulation surges by N701.4 billion following CBN’s reversal of naira redesign policy.
In March 2023, the currency in circulation in Nigeria rose by N701.4bn to reach N1.6tn, a month after the Central...
Daar Communication Plc. reports an annual loss of N18.75 million for 2022.
Daar Communications Plc has released its financial results for the 2022 financial year, reporting a reduction in revenue of N18.75...
HSBC biggest shareholder Ping An. likely to support breakup at annual meeting.
According to a Reuters, HSBC's biggest shareholder Ping An is expected to vote in favor of a proposal to split...
Aviation Workers’ Strike: Passengers Stranded as Flights Grounded
Passengers across Nigeria were left stranded yesterday as aviation workers' unions went on a two-day warning strike in protest of...
NBS Reports N715 Million Revenue for Nigerian Railway Corporation in Q3 2022
According to the latest Rail Transportation Data for Q3 and Q4 2022 released by the National Bureau of Statistics (NBS),...
The Chinese Government Denies Allegations of Funding Terrorism in Nigeria
The Chinese government has denied any involvement in the funding of terrorism and issued a statement to that effect. The...
NNPC Commits Billions to Boost Nigeria’s Domestic Gas Utilization and Expand Export Market.
The Nigerian National Petroleum Company Ltd. (NNPC Ltd) is ramping up its investments in the Ajaokuta-Abuja-Kano (AKK) gas pipeline and...
OPEC predicts a surge of up to 23% in global energy demand.
According to the Organisation of Petroleum Exporting Countries (OPEC), global primary energy demand is expected to increase by 23% by...
Nigeria’s 96% revenue used to service debt in 2022 – World Bank.
The World Bank says Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of...
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