IBM has decided to end its regional presence in Africa, including Nigeria, and has transferred its operations to a third ...

The naira has appreciated by 3% in the parallel market, closing at ₦1,570/$1, gaining ₦50 within five days. The naira ...

CBN announced the deadline extension on Monday, February 3, 2025, allowing eligible operators to access the official window ...

The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...

The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025 ...

According to the EFCC, between 2021 and 2022, the defendants failed to obtain a valid licence from the Central Bank of Nigeria (CBN) before engaging in investment management activities involving one ...

Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...

It is crucial to note that the Nigerian telecom industry is currently under immense pressure, and this tariff increase is not ...

Some of the reforms done by Olayemi Cardoso, Central Bank of Nigeria (CBN) governor, have started paying off as foreign investors take ...

The apex bank on Tuesday, January 28, in Abuja, approved waivers on the 2025 annual license renewal fee for all existing BDC ...

Brewers operating in Nigeria are anticipating a more profitable year devoid of volatility and a boost on their operational ...