LAGOS, June 8 – The Nigerian stock market closed the first trading week of June in negative territory after a broad wave …
Nigeria
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LAGOS, June 5 – Three internet service providers, Spectranet, Starlink and FibreOne, accounted for nearly 70% of Nigeria’s internet service provider market …
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Banking & Finance
Nigeria’s Central Bank Rolls Out New FX Manual to Streamline Foreign Exchange Transactions
LAGOS, June 3 – The Central Bank of Nigeria (CBN) has launched a revised Foreign Exchange Manual aimed at improving transparency, reducing …
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LONDON, June 3 – Dangote Refinery is preparing a significant expansion of its operations, with plans to add 700,000 barrels per day …
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ABUJA, June 3 – The Federal Government of Nigeria has introduced new guidelines aimed at speeding up the deployment of solar mini-grids …
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LAGOS, June 2 – Nigerian business banking startup Brass will cease operating as an independent company and move its customers to Paystack …
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LAGOS, June 2 – Nigeria’s banking sector has recorded a rise in non-performing loans (NPLs), with the ratio climbing to 8.03% in …
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ABUJA, June 1 – Prices of Liquefied Petroleum Gas (LPG), commonly used for cooking, have continued to rise across Nigeria even as …
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LAGOS, May 29 – Nigeria’s electricity generation dropped by nearly 20% on Thursday, adding to concerns over the country’s unstable power supply …
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LAGOS, May 26 – Nigeria has expanded its regional trade infrastructure through a new air cargo initiative that will provide exporters with …