The Federal Competition and Consumer Protection Commission (FCCPC) says the Commission did not ban airtime borrowing and data advance services in Nigeria.
The FCCPC made this known in a statement issued by its Director of Corporate Affairs, Ondaje Ijagwu, on...
The Naira ended the week on a mildly negative note at the official foreign exchange market, depreciating to N1,343.63 against the U.S. dollar on Friday.
Data from the Central Bank of Nigeria (CBN) showed the local currency shed N1.33, representing...
The Central Bank of Nigeria (CBN) and the Financial Markets Dealers Association (FMDA) have jointly introduced the Nigerian Overnight Financing Rate (NOFR), a new standardised benchmark designed to strengthen the country's money market.
The CBN's Acting Director of Corporate Communications,...
The Nigerian stock market sustained its bullish momentum on Friday, recording a ninth consecutive session of gains as market capitalisation surged by N3.391 trillion.
The All-Share Index climbed 5,266.55 points, or 2.49 percent, to close at 217,167.57, lifting market capitalisation...
A prosecution witness in the money laundering trial of SunTrust Bank Managing Director Halima Buba and her co-defendant, Innocent Mbagwu, contradicted himself under cross-examination on Friday, admitting that a key claim he had attributed to his earlier statement was...
The Manufacturers Association of Nigeria (MAN) has criticised a recommendation by the World Bank to reinstate petrol import licences, warning that such a move could undermine Nigeria’s industrial growth.
In a statement issued in Lagos, MAN Director-General, Segun Ajayi-Kadir, said...
Ericsson has reported solid growth across Europe, the Middle East and Africa (EMEA), even as its overall earnings declined in the first quarter of 2026.
In its latest financial report released on Friday, the telecom equipment maker said organic sales...
The Ogun State Police Command has again invited nine Ijebu-Ode kingmakers to its headquarters in Eleweran, Abeokuta, for questioning over allegations of bribery and financial inducement in the ongoing selection of a new Awujale and paramount ruler of Ijebu...
A Kanye West concert scheduled to take place in a stadium in Poland in June was cancelled by the venue on Friday, April 17, 2026, following condemnation of antisemitic remarks by the United States rapper.
“The concert by Ye (Kanye...
The African Democratic Congress (ADC) has cautioned President Bola Ahmed Tinubu to brace for a potential electoral challenge in 2027, attributing growing public dissatisfaction to economic hardship and rising insecurity.
In a statement issued on Friday by its National Publicity...
