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Nigeria digital economy

Business

Naira Trades at ₦1,364.83/$ as Forex Market Maintains Relative Stability

KEY POINTS Naira traded at ₦1,364.83/$1 on Friday, up from ₦1,357.65/$1 on Thursday. The...
News

Osun APC Candidate Freed as Naval Commander Reportedly Redeployed After Arrest

KEY POINTS APC candidate Komolafe reportedly freed. Naval commander allegedly redeployed. Incident occurred ahead...
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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Business

Naira Trades at ₦1,364.83/$ as Forex Market Maintains Relative Stability

KEY POINTS Naira traded at ₦1,364.83/$1 on Friday, up from ₦1,357.65/$1 on Thursday. The...
News

Osun APC Candidate Freed as Naval Commander Reportedly Redeployed After Arrest

KEY POINTS APC candidate Komolafe reportedly freed. Naval commander allegedly redeployed. Incident occurred ahead...
Politics

Makinde Picks Ex-SSS DG Lawal Daura as Running Mate

KEY PONTS Makinde picks ex-SSS DG Lawal Daura. Security is central to the ticket. ...
News

Ondo Enacts New Electricity Law to Boost Power Supply and Investment

KEY POINTS Aiyedatiwa signed Ondo’s new electricity law. SERC will regulate the state’s power...