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Nigeria digital economy

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Influencer Arrested Over Alleged $28m Cocaine Shipment Bound for UK

KEY POINTS NDLEA seized 184.5kg of cocaine valued at nearly $28m. Influencer “KC Luxury”...
News

Wike Orders Demolition of Houses Blocking Abuja Waterways

K KEY POINTS Wike orders immediate demolition of houses blocking Abuja waterways. Buildings in Maitama...
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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.
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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
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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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Influencer Arrested Over Alleged $28m Cocaine Shipment Bound for UK

KEY POINTS NDLEA seized 184.5kg of cocaine valued at nearly $28m. Influencer “KC Luxury”...
News

Wike Orders Demolition of Houses Blocking Abuja Waterways

K KEY POINTS Wike orders immediate demolition of houses blocking Abuja waterways. Buildings in Maitama...
News

US lists three categories of visa services affected in Nigeria

The US has realigned routine visa services in Abuja to regional hubs, affecting tourist, business and petition-based nonimmigrant visa applications from August 1.
News

Edo Assembly Gets New Speaker as Idiaye Replaces Agbebaku

KEY POINTS Yekini Idiaye has emerged as the new Edo Assembly Speaker. Blessing Agbebaku...