Nigeria lags in Internet data speed as broadband investment remains low
Nigeria’s Internet data speed at 3.9 megabits per second (mbps) remains relatively slow compared to global standard of 7.2mbps, according ...
Friday, May 1, 2026
Tag: Nigeria
As in India, Tanzania, Etisalat UAE’s walk from Nigeria may be permanent
*Banks seeking regulatory, legislative support for proper financial intermediation.... If history is anything to go by, international and local telecommunication ...
Etisalat Nigeria repaid $500m of loan amount before default
Etisalat Nigeria reportedly repaid $500 million of $1.2 billion in loans owed to banks before it defaulted in February as a ...
Nigeria’s central bank moves to liberalise management of non-performing assets
* To licence private asset management companies with N10bn capital base.... The growing non-performing assets of banks and the slow ...
Uber woe shows investors’ growing role in startups
The unexpected resignation of Travis Kalanick as Uber’s CEO under pressure from investors and series of controversies around largest technology startup, ...
BPE kick-start NSIA equity investment in Nigeria Commodity Exchange
Alex A. Okoh, director-general of the Bureau of Public Enterprises (BPE), has given Lead Capital Consortium a deadline of 60 ...
FG approves N701bn assurance system payment for electricity companies
The Federal Government has approved assurance system payment of N701 billion to improve liquidity in the Nigerian electricity value chain, ...
Gaps in multiple forex rates narrow, naira opens at N364/$ Wednesday
Strong interventions by Central Bank of Nigeria (CBN) geared towards achieving stability amidst convergence in the exchange rate of the ...
Debt saga: NCC assures Etisalat subscribers of network integrity
The Nigerian Telecommunications Commission (NCC) says it is taking proactive steps to cushion the impact of the takeover of Etisalat ...
12% drop in oil pipeline vandalism increases Nigeria’s earnings
Baring major downward swing in the price of crude oil at the international commodities market or shift in OPEC’s support ...
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