Latest News
-
382Industry & MoneyFX Crisis: MAN Urges CBN to Unfreeze Manufacturers’ Accounts
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to urgently intervene in the ongoing crisis...
-
564Telecoms & ITNigeria Invests $1b in Telecom Overhaul
Nigeria’s telecommunications sector is set to experience a dramatic improvement in service quality by the third quarter of 2025, driven by a...
-
71Stock MarketForeign Transactions Fall 91% to ₦63b on NGX
Foreign portfolio transactions on the Nigerian Exchange Limited declined sharply by 90.99 per cent in April 2025, falling to N63.07bn from N699.89bn...
-
105Stock MarketBulls Tighten Grip on the Market as ASI Down 0.4%
EQUITIES Profit-taking activities continued today in the Nigerian equities market, with TRANSCORP (-4.4%), FIDELITYBK (-7.0%), and DANGSUGAR (-5.9%) weighing down the bourse....
-
86Banking & FinanceCBN to Banks: Champion Diaspora Products, Cut Remittance Costs
Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on commercial banks to take full ownership of diaspora-focused financial products and...
-
443Telecoms & ITTelcos to Source Steel for 7,000 Towers Locally
Ministry of Steel Development, and Ministry of Communications, Innovation and Digital Economy, are to partner to source for locally manufactured steel products...
-
445Telecoms & ITWith 47.73% Spread, Nigeria Still far from Attaining 70% Broadband Penetration Target
Despite the assurance by the Nigerian Communications Commission (NCC) that Nigeria’s broadband penetration would reach and surpass 70 per cent threshold by...
-
195Industry & Money27.5% MPR: MAN, LCCI, NECA Lament Prohibitively Expensive Credit
The Manufacturers Association of Nigeria (MAN), the Lagos Chamber of Commerce and Industry (LCCI) and the Nigeria Employers’ Consultative Association (NECA) yesterday...
-
84Banking & FinanceCBN Sets 12-month Deadline for New AML Standards
The Central Bank of Nigeria has issued a draft framework aimed at modernising anti-money laundering practices across the country’s financial system through...
-
79Economy & MarketNigeria Spends $2b on External Debt in Four Months
Nigeria spent about $2.01bn on external debt servicing between January and April 2025, marking a 50 per cent increase compared to the...
