The Nigerian Communications Commission (NCC) has approved a 50% tariff increase for telecom operators, raising the cost of data and airtime for Nigerian subscribers. The adjustment, effective immediately, aims to address operational cost challenges faced by...
In a landmark move to safeguard the interests of telecommunications consumers, the Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MoU) to foster regulatory collaboration....
By Ismail Auwal
The Senate has vowed to summon the Central Bank, Governor, Mr, Godwin Emefiele, in response to the inflation and currency depreciation that...
By Ismail Auwal
Nigeria's external reserves increased by $5.15 billion in 2021 to close at $40.52 billion on December 31, 2021, a 14.5 percent increase...
By Kabiru Isa Dandago
The continuous fall in the value of the Naira (the Nigerian monetary currency) started from the era of Structural Adjustment Program...
By Salim Yunusa
Nigerian railway corporation generated a sum of N2.12 billion as revenue in the first half of 2021, representing a 123% increase compared...
By Salim Yunusa
The Central Bank of Nigeria (CBN) cannot enforce laws against violators of the currency or financial rules of the bank, officials have...
By Salim Yunusa
In compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks in Abuja have set...
By Abba Gwale
Forex turnover dropped by 22.9%, as the Naira’s exchange rate at the NAFEX window appreciated marginally against the dollar to close at...
