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Nigeria digital economy

News

Bandits abduct 10 in Kwara palace attack

Suspected bandits have burned part of an Emir's palace and abducted 10 people, including his wives and children, in a midnight attack on a Kwara community.
News

Army warns of impersonation scam using generals’ names

The Nigerian Army has warned of an impersonation scam in which fraudsters pose as senior officers on Facebook to deceive and defraud unsuspecting members of the public.
News

Nigeria Allocates ₦822 Billion to Digital Economy Over Six Years

Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.
News

Rising Naira Costs Push Starlink Out of Reach for Many Nigerians

The weakening naira has caused Starlink prices to surge by 115%, leaving many Nigerians struggling to afford the satellite internet service that was once accessible.
Business

CBN Introduces New Rules to Monitor PoS Transactions

The Central Bank of Nigeria introduces new PoS transaction rules, requiring payments to go through licensed platforms for improved security and transparency
News

Telcos Face Shrinking Investments as Return on Capital Turns Negative

Telecom companies in Nigeria are seeing investments shrink as their return on capital turns negative, raising concerns about the sector's sustainability and growth.

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News

Bandits abduct 10 in Kwara palace attack

Suspected bandits have burned part of an Emir's palace and abducted 10 people, including his wives and children, in a midnight attack on a Kwara community.
News

Army warns of impersonation scam using generals’ names

The Nigerian Army has warned of an impersonation scam in which fraudsters pose as senior officers on Facebook to deceive and defraud unsuspecting members of the public.
News

Military vows tight Sallah security in North-East

The Nigerian military has promised tight Sallah security across the North-East, vowing peaceful Eid el-Kabir celebrations despite threats from Boko Haram and ISWAP insurgent remnants.
Politics

Tinubu vows four more years of reform

President Tinubu has won the APC presidential primary in a landslide, pledging to set Nigeria on an "irreversible path of economic expansion" if granted a second term.