The UK economy is now predicted to grow at a much slower pace this year than previously expected, according to the government’s official forecaster. Presenting her Spring Statement, Chancellor Rachel Reeves said... Read more »
In a strategic move to optimise costs and expand coverage, MTN Group and Airtel Africa have signed agreements to share network infrastructure in Uganda and Nigeria. The collaboration is expected to reduce... Read more »
Cascador and the Nigeria Sovereign Investment Authority (NSIA) have formed a strategic partnership to drive innovation and support homegrown solutions with the potential for transformative impact.The partnership will enable them to build... Read more »
The number of Nigerians in the diaspora enrolling for the National Identification Number (NIN) has surged by 307.88 per cent, jumping from 366,164 in 2023 to 1.49 million in 2025, as the... Read more »
The Federal Government has affirmed commitment to strengthen cold chain infrastructure to enhance food security and reduce post-harvest losses in Nigeria. Minister of Agriculture and Food Security, Senator Abubakar Kyari, gave the... Read more »
The OECD emphasised its growing engagement in Africa through partnerships with the African Union. According to a statement shared on the Ministry of Finance’s X account, the OECD emphasised its growing engagement... Read more »
While addressing Nigeria’s macroeconomic outlook, he acknowledged existing challenges but pointed to key indicators suggesting improvement. Cardoso stated this during an engagement with scholars from the Harvard Kennedy School (HKS) at the... Read more »
A Brazilian firm is set to establish a large-scale ranch in Niger State to boost livestock production in the Country further. Information gathered that the $2.5b Livestock investment deal agreed with JBS... Read more »
The Federal Government said it is taking necessary steps to offset the N4.7tn debt owed to power generation companies to avert a possible nationwide blackout. This came as stakeholders expressed fears that... Read more »
Bitcoin and major cryptocurrencies saw significant gains in Monday’s early trading, with Bitcoin reaching approximately $87,480. This represents a 3.71% increase. Ethereum also experienced a notable rise, climbing 4.05% to trade at... Read more »
In a strategic move to bolster its domestic borrowing efforts, the Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced the auction of two re-opened FGN... Read more »
The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol... Read more »
Nigeria’s telecoms sector has witnessed a robust recovery, with active subscriptions surging to 169.3 million in January 2025, up from 164.9 million in December 2024. The Nigerian Communications Commission (NCC) made this... Read more »
The Naira yesterday appreciated to N1,490 per dollar in the parallel market from N1,502 per dollar on Tuesday. Similarly, the Naira appreciated to N1,499.8 per dollar in the Nigerian Foreign Exchange Market... Read more »
Dangote Petroleum Refinery has announced a N65 reduction in the ex-depot price of petrol, lowering it from N890 to N825 per litre, effective February 27, 2025. The price cut is aimed at... Read more »
The Federal Government has spent nearly $8 billion in efforts to stabilize the naira amid persistent economic challenges, according to Bismarck Rewane, CEO of Financial Derivatives Company. Speaking on Channels Television’s News... Read more »
Nigeria’s largest telecom operator, MTN, has issued a public apology to its customers following widespread complaints about a sudden 200% increase in the price of its popular 15GB data bundle. The price... Read more »
Introduction Blockchain and its most vocal application, Cryptocurrencies, are a mainstay of our society today. For a developing region like Africa, it has stepped up to fill many gaps caused by inadequate... Read more »
Nigerians have been thrown into panic following a massive price hike by MTN, raising the cost of its 15GB data plan from N2,000 to N6,000. The sudden increase has sparked outrage among... Read more »
Your Office on the Go—Welcome to Café One Enugu! Missed the grand opening of Café One Enugu? No worries—we’re still bringing the experience to you! Café One Enugu isn’t just a coffee... Read more »