
Nigeria Federal Government To Deploy 5G Network Soon
The Federal Ministry of Communications and Digital Economy has said it will soon deploy the Five Generation network (5G) in...

Naira Ends The Week With 0.97% Loss Against Dollar
Due to demand pressure on the parallel market, also known as the black market, the naira suffers 0.97 percent against...

CBN Stern Warning To Microfinance Banks Over Forex Transactions
The Central Bank of Nigeria has warned microfinance banks to desist from engaging in activities beyond their operating limits or...

Nigeria To Generate 85% of Entertainment AND Media Revenue From Internet – PwC
PwC, one of the leading consulting firms in the world, has projected that Nigeria’s Entertainment and Media (E &M) industry’s...

Nigeria Government Generated 15.92 Billion Naira In second Quarter Of The Year
The Federal Government of Nigeria generated a total of N512.3 billion from value-added tax (VAT) in the second quarter (Q2)...

Nigeria Naira Gains Stability Against Dollars
Naira remained stable against the U.S. dollar at both the official and unofficial markets as foreign turnover increased significantly on...

THE AFRICA DEVELOPMENT BANK TO SUPPORT NIGERIA TECH MICRO SMALL AND MEDIUM ENTERPRISE WITH $500MILLION
Vice President Yemi Osinbajo says the African Development Bank (AfDB) has agreed to support Micro Small and Medium Enterprises(MSMEs), especially...

Nigeria Federal Government Approves $1.48 billion For Rehabilitation of Kaduna, Warri Refineries
The Federal Executive Council of Nigeria (FEC) has approved the sum of $1.4 billion for the rehabilitation of Warri and...

Nigerian Refineries Record Zero Output In First Quarter And N104.3bn Loss
Nigeria’s four refineries, which are expected to resume production at “appreciable “capacity levels this month, actually recorded zero output in...

Federal Executive Council Acquire $2.7bn Equivalent Shares In Dangote Refinery
State-owned Nigerian National Petroleum Corporation (NNPC) has been approved by the Nigerian government to acquire a 20% stake in the...