Dangote and BUA Cement Plc, Nigeria’s largest domestic cement sector operators, spent a whopping N238.437 billion on fuel and power in the first quarter (Q1) ending...
The Central Bank of Nigeria (CBN) has published a comprehensive list of licensed Deposit Money Banks operating across the country, providing valuable insights into Nigeria’s dynamic...
The naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, a...
Multichoice, a prominent Pay-TV operator in Nigeria, has challenged the jurisdiction of the Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja which recently restrained it...
Binance, a prominent cryptocurrency platform, has alleged that unidentified individuals in Nigeria demanded substantial payments in digital currency to resolve regulatory issues encountered by the company...
Apple, the iPhone manufacturer, is reportedly looking into developing CPUs exclusively for artificial intelligence (AI) applications in data centers. Dubbed Project ACDC (Apple Chips in Data...
The Nigerian Electricity Regulatory Commission (NERC) has announced a significant reduction in the exchange rate used for calculating electricity tariffs, providing relief for Band A customers....
The Nigerian government has directed all point-of-sale (PoS) operators in the country to register their businesses with the Corporate Affairs Commission (CAC) within two months, in...
The Central Bank of Nigeria (CBN) has mandated all banks to levy a 0.5 per cent cybersecurity charge on electronic transactions within the country, with exceptions...
In a recent development, the Nigerian Exchange Group (NGX) has initiated a staff downsizing process shortly after its annual general meeting (AGM) held in Lagos. Reports...
