Thursday, July 30, 2026
MTN, Airtel, Mafab in race for Nigeria’s 5G licence at auction
The sale of Nigeria’s 5G telecommunication spectrum licence moved into firmer grounds on Thursday with the qualification of MTN Nigeria...
Read moreDetailsUBA emerges Africa’s top bank, records most wins at 2021 African Banker awards
Carts home African Bank of the Year Wins 14 awards on the night Wins in Nigeria, 12 other subsidiaries...
Read moreDetailsObaseki, investment banker governor, proposes N214.2bn budget for Edo State in 2022
Seeks State House of Assembly’s approval Godwin Obaseki, the investment banker governor of Edo State, has put together a...
Read moreDetailsIMF sees domestic debt restructuring playing big role in future debt crisis
Total sovereign domestic debt rose 46% in 20 years The International Monetary Fund (IMF) sees restructuring of domestic debts...
Read moreDetailsNDIC pays N108bn to 400k depositors in 27yrs of bank liquidation in Nigeria
Bridge bank strategy secures N1.021 deposits, prevents systemic crisis The Nigerian Deposit Insurance Corporation (NDIC) paid out a...
Read moreDetailsAfDB president cautions Nigerian government on plan to raise taxesÂ
Akinwumi Adesina, president of the African Development Bank (AfDB), has cautioned the federal government against the hasty implementation of its...
Read moreDetailsNigerian banks’ aggressive borrowings from CBN rose 315% to N24.5trn in 11 monthsÂ
Analysts say liquidity crunch, more economic activities drove borrowing rate The high rate of illiquidity in the banking...
Read moreDetailsITU puts total global internet users at 4.9 billion
The global internet space has an estimated 4.9 billion users in 2021, a 17 percent increase from an estimated 4.1...
Read moreDetailsNorway wants Nigeria to delist stockfish from forex ban items
Norway, the world’s largest stockfish exporting country, has appealed to the Nigerian government to remove stockfish from the list of...
Read moreDetailsIMF says global financial safety net to remain until pandemic ends
As world reserve holdings reaches $14trn Layers of safety net rose tenfold to $4trn The International Monetary Fund...
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