CBN records $2.4bn from ‘Naira 4 Dollar Scheme’ in eight months
The Director, Trade and Exchange department of the Central Bank of Nigeria (CBN) Ozoemena Nnaji, said the ‘Naira 4 Dollar...
The movie business is in shambles. It likely won’t be ‘back’ for over another year.
The movie business is still recovering, and it will be for at least another year, if not more. Theaters are...
CBN to reward Nigerians for using eNaira
The Central Bank of Nigeria (CBN) has approved a reward scheme for users of the eNaira, including merchants. This includes...
Nigeria’s exports jumps by 62% in six months, highest since 2018
Nigerian Export Promotion Council (NEPC) has announced that non-oil products exported out of the country rose to N1.77 trillion in...
Kenya Airways borrowed $94.1 million in half-year 2022, pushing current liabilities to $845.5 million
Kenya Airways’ current liabilities rose to $845.5 million in half-year 2022. The airline is set to receive an additional $300.1...
This Nigerian billionaire’s son just resigned from his father’s conglomerate, less than one year into his appointment as ED
Mr Rabiu resigned from his father’s company less than a year after he was appointed Executive Director. The company gave...
Nigeria’s non-oil exports reached $2.5bn in H1 2022 –NEPC
The Nigerian Export Promotion Council (NEPC) said on Wednesday Nigeria exported products worth $2.593 billion in the first half of...
MTN 5G service goes live at 190 sites across Nigeria
Nigeria’s leading telecommunications provider MTN has this morning switched on its highly anticipated Fifth-Generation (5G) service at one hundred and...
Nigeria National Petrol Corporation, NNPC makes N2.38trn in six months, remits zero naira to govt account
At a time many oil-producing countries in the world are cashing out big, the Nigerian National Petroleum Company (NNPC) Limited...
Tanzania: There’s now Wi-Fi on Mount Kilimanjaro
The new broadband network will enable climbers to access reliable Wi-Fi internet up to an altitude of 12,205 feet (3,720...