The Nigerian Communications Commission (NCC) has announced that telecom operators in the country will invest more than $1 billion in expanding and upgrading their networks before the end of 2025. The Commission said this investment is a direct result of ...
Read More »Category Archives: ECONOMY & MONEY
Nigeria’s Economy Stable, Now Needs Growth — Okonjo-Iweala
Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has declared that the Nigerian economy has achieved stability under President Bola Tinubu’s administration. Okonjo-Iweala however noted that the administration must now shift focus to achieving growth and expanding social safety nets ...
Read More »AXA Mansard Health, PalmPay Collaborate On Digital Insurance
AXA Mansard Health and PalmPay have partnered to provide millions of Nigerians with affordable, accessible digital health insurance. This strategic partnership enables PalmPay users to access a range of health insurance packages directly from AXA Mansard within the PalmPay app. ...
Read More »Dangote Refinery Takes Delivery Of CNG Trucks For Fuel Distribution Initiative
Dangote Petroleum Refinery & Petrochemicals has commenced receiving 4,000 compressed natural gas-powered trucks, an integral part of its fuel distribution logistics programme. The initiative, set to start on August 15, aims to transform the fuel distribution landscape within Nigeria by ...
Read More »AKHA Begins Probe Of Former Gov Emmanuel
Akwa Ibom State House of Assembly has launched a probe into the ownership of firms established by the immediate past administration of former governor Udom Emmanuel. Emmanuel had floated several companies with questionable ownerships, with some linked to the state, ...
Read More »Artistes smoke in music videos because devil runs the Industry – 9ice
By Christian George As Nigeria’s political terrain braces for a potentially game-changing 2027 general election, the ruling All Progressives Congress and its flagbearer, President Bola Ahmed Tinubu, find themselves in a paradoxical position—poised to benefit from a fractured opposition, yet ...
Read More »Nigeria Targets West African Bloc For Coordinated Fuel Prices
…Continent’s refining capacity hits 1.365mbpd Nigeria is spearheading an initiative to establish a regional pricing benchmark for refined petroleum products across West Africa, aiming to create a more unified and transparent fuel market. This move seeks to reduce the region’s ...
Read More »Commodities Exchanges, Warehouses Can Unlock $500bn – SEC
The director general, Securities and Exchange Commission (SEC), Emomotimi Agama, has opined that by formalising commodities and warehouse receipts, the capital market can unlock $500 billion in dormant agricultural and mineral assets. The DG made the remarks at a national ...
Read More »LCCI Bemoans CBN’s Rate Retention
The Central Bank of Nigeria (CBN) has again retained its key monetary policy parameters, including the Monetary Policy Rate (MPR) at a high 27.5 percent, a move that continues to draw sharp criticism from the Lagos Chamber of Commerce and ...
Read More »FirstBank Partners UNGC To Bridge SDG Financing Gap
As part of its commitment to driving sustainable finance and unlocking capital for development, FirstBank has strengthened its partnership with the United Nations Global Compact (UNGC) by providing capital for solutions that address the sustainable development goals.. The commitment was ...
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