Tuesday, April 21, 2026
NGX dips 0.32% as bank recapitalisation fears weigh on sentiment
The All-Share Index, the benchmark index for the Nigerian stock market, extended its decline from the Easter break, falling another...
Read moreDetailsNERC ups tariffs to N225/KWh for Band A electricity consumers
Business a.m. The Nigerian Electricity Regulatory Commission (NERC), with the backing of the federal government, has approved a 245 per...
Read moreDetailsCBN rate hike stirs fears of more pain for Nigerian SMEs
ONOME AMUGE & JOY AGWUNOBI As small and medium-sized enterprises (SMEs)Â in Nigeria grapple with rising borrowing costs, the...
Read moreDetails2023 renewables use sets recordÂ
Travel, vacation spend hits $4trn in 5yrs PHILLIP ISAKPA IN LONDON, UK Two sets of global data just released and...
Read moreDetailsCBN sets N500bn capital base for commercial banks with international authorisation
Business a.m The Central Bank of Nigeria (CBN) has released new minimum capital requirements for banks, requiring commercial banks with...
Read moreDetailsCBN tells HoR Remita got e-collection on merit
Justifies Remita's role in improving payment efficiency for MDAs The Central Bank of Nigeria (CBN) has clarified its decision to...
Read moreDetails4G ,5G adoption push Nigeria’s data usage to record-high 721,522 terabytesÂ
Joy Agwunobi The Nigerian Communications Commission has reported a record-breaking 721,522 terabytes of data consumption in January 2024, the highest...
Read moreDetailsCBN jerks up benchmark interest rate to record-high 24.75% to tame inflation
Business a.m The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has raised the benchmark interest rate by...
Read moreDetailsNCC files suit against MTN, Karl Toriola, others over alleged copyright infringement
The Nigerian Copyright Commission (NCC) has filed criminal charges against telecommunications company MTN Nigeria, and Karl Toriola, CEO of...
Read moreDetailsNigeria’s public debt in race to N100trn by June, warn analysts  Â
 Debt builds up on unabating borrowings ONOME AMUGE IN LAGOS, NIGERIA With grim statistics showing unabating borrowings by the...
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