A mobility and urban services platform, inDrive, has been named the second most downloaded ride-hailing app globally and in Nigeria, reaffirming its strong market presence in […]
Category: Economy
Transcorp targets 25% electricity market share
Transcorp Power Plc has announced plans to increase its share of electricity generation in Nigeria to 25 per cent, up from its current 12 per […]
Subscribers lament as MultiChoice raises DStv subscription by 21%
Pay-TV operator MultiChoice Nigeria has announced a 21 per cent increase in the subscription fee for its DStv Compact package, raising the price from N15,700 […]
UK pledges £204 million for Nigeria’s agricultural growth
UK’s Foreign, Commonwealth and Development has expressed readiness to leverage £204 million in private sector finance and agricultural investment in Nigeria’s agricultural sector. Adiya Ode, […]
Alcohol, tobacco record highest inflation rate
The National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest […]
Investors stake N2.41tn in treasury bills auction
Nigeria’s latest treasury bills auction, done on February 19, 2025, saw total subscriptions hit N2.41tn, reflecting sustained investor interest across the three tenors on offer. […]
Forbes: Aliko Dangote’s wealth surges by almost 100% to $23.9 billion, now world’s 86th richest man
illionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in […]
Tariff hike: Airtel increases data, call rates
Airtel Nigeria, the country’s second-largest telecom operator, has revised its data pricing structure, implementing a tariff adjustment of up to 50 per cent, according to […]
Personal loans rose to N3.3tn in November – CBN
Nigeria’s personal loans portfolio rose by 37.76 per cent to N3.32tn in November 2024, according to the latest monthly report by the Central Bank of […]
TRUMP EFFECT ON THE NIGERIAN ECONOMY
The inception of the Trump administration in the United States of America has remarkably changed the dynamics of global trade, global economic outlook and geopolitical […]