NCC Tariff Hike Triggers Starlink Price Increase
The Nigerian Communications Commission (NCC) is expected to authorise an increase in telecom operators’ tariffs, prompting satellite internet provider Starlink...
Nigeria and Other Developing Nations Lose Investments Due to Inefficiencies – World Bank
The World Bank has pointed out that poor management of public funds is causing big problems for developing countries, including...
Afreximbank Urges African Governments to Empower Youth for Economic Growth
The African Export-Import Bank (Afreximbank) has urged African governments to focus on investing in programs that empower young people to...
Dogecoin Price Prediction: DOGE May Hit $1 in 2025 as Cardano Faces Market Struggles
Dogecoin (DOGE) remains in the spotlight as its price moves within an important range, fueling speculations about its potential to...
Banking on the Brink: Can Nigeria’s Top Banks Thrive Amid Digital Disruption in 2025?
The Nigerian banking sector in 2025 is facing a crucial turning point. It has grown significantly in recent years, with...
Expert Highlights Decline in OPEC’s Power to Influence Global Oil Prices
The Organization of the Petroleum Exporting Countries (OPEC) may no longer possess the market-defining power it once held in controlling...
TETFund Pledges Enhanced Research, Innovation in Tertiary Institutions
The Tertiary Education Trust Fund (TETFund) held a meeting in Abuja with leaders of schools and other key groups to...
NGX Transactions Drop by 12% to N442.34bn in November 2024 – Report
In November 2024, the Nigerian Exchange (NGX) experienced a 12.01% drop in total transactions, falling to N442.34 billion from N502.73...
Abia State Governor Signs N750.2 Billion Budget into Law
The Governor of Abia State, Dr. Alex Otti, has officially approved the 2025 state budget, which amounts to N750,282,200,000 (N750.2...
Naira Projected to Reach N1,804/$ Amidst Exchange Rate Volatility in 2025 – Report
The Nigerian naira is projected to depreciate to a weighted fair value of N1,804.45 to the US dollar in 2025,...
FG Raises ₦211.144 Billion in December FGN Bond Auction
The Nigerian Federal Government collected ₦211.144 billion from its December 2024 bond sale, which is much less than the ₦346.155...
Nigeria Renews ₦3.28 Trillion Currency Swap Agreement with China
Nigeria has renewed its bilateral currency swap agreement with China, marking a continued strengthening of economic and financial cooperation between...
Nigeria and Africa Lose $1.6 Billion Daily to Illicit Financial Flows – AfDB
The African Development Bank (AfDB) has stated that Africa loses approximately $1.6 billion every day due to illicit financial flows...
Saudi Firm Completes $1.24 Billion Acquisition of Olam Agri Stake
Saudi Arabia’s SALIC International Investment Company has finalized the acquisition of a 35.43% stake in Olam Agri Holdings for $1.24...
TikTok Removes 2.1 Million Nigerian Videos in Q3 2024 for Policy Violations
Bytedance, the company that owns TikTok, announced that in the third quarter of 2024, they removed 2.1 million videos posted...
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