Nigeria secures historic IEA membership, joins global energy ranks
Nigeria has become an associate member of the International Energy Agency (IEA), securing a place in global energy decision-making after […]
Business and Economy
Cooking gas prices ease up across Nigeria
Retail cooking gas prices are showing signs of decline across Nigeria after weeks of sustained increases. COOKING GAS PRICES EASE
CBN withdraws licences from 46 microfinance banks
The Central Bank of Nigeria has withdrawn the operating licences of 46 microfinance banks over regulatory infractions and non-compliance. CBN
FTSE Russell suspends Nigeria’s frontier market upgrade
FTSE Russell has put Nigeria’s planned upgrade to frontier market status under further review over concerns about the country’s shift
DisCos earn N203.61bn from power consumers in April – NERC
Nigeria’s electricity distribution companies collected N203.61 billion from consumers in April, achieving an 80.66 per cent collection efficiency, according to
NCC pushes for local smartphone factories to slash phone prices
The NCC is pushing manufacturers to set up local smartphone factories in Nigeria, promising presidential waivers and incentives to firms
Lagos to the world: 10 Nigerian tech brands making waves globally
A new Nairametrics report shows 10 Nigerian tech companies, led by Paystack and Flutterwave, are scaling globally as Lagos cements
Naira suffers biggest daily drop since April, closes at N1,389/$
The naira fell to N1,389 per dollar at the official market, marking its sharpest daily decline since April as a stronger US dollar pressured emerging-market currencies.
Why SEC shut down premature Dangote IPO promotions
Nigeria’s SEC has ordered stockbrokers and digital platforms to stop promoting a purported Dangote Refinery IPO, warning the offer has
Nigerian airlines are ‘dead on arrival’ — Allen Onyema
Air Peace CEO Allen Onyema says Nigerian airlines are effectively “dead on arrival” due to soaring fuel costs, high taxes,