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    Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

    Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

    Report: Finance Apps’ Deployment Rises by 160% in Nigeria

    Fintech Company, Callphone Limited Gets CBN’s PSS Licence

    Gokada Opens Investment Opportunities for Logistics, Private Business

    Gokada Opens Investment Opportunities for Logistics, Private Business

    Equities extend losses as index dips further by 0.07 per cent

    Equities extend losses as index dips further by 0.07 per cent

    Firm targets middle-class for real estate, education financing

    Firm commits to reducing N21tr housing deficit

    90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

    60 eligible black-founded startups across Africa to share of $4m fund

    Dangote Refinery raises hope for petroleum downstream sector

    Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

    Investors must take advantage of Indonesia oil ban – Expert

    Investors must take advantage of Indonesia oil ban – Expert

    Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

    Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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      Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

      Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

      Report: Finance Apps’ Deployment Rises by 160% in Nigeria

      Fintech Company, Callphone Limited Gets CBN’s PSS Licence

      Gokada Opens Investment Opportunities for Logistics, Private Business

      Gokada Opens Investment Opportunities for Logistics, Private Business

      Equities extend losses as index dips further by 0.07 per cent

      Equities extend losses as index dips further by 0.07 per cent

      Firm targets middle-class for real estate, education financing

      Firm commits to reducing N21tr housing deficit

      90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

      60 eligible black-founded startups across Africa to share of $4m fund

      Dangote Refinery raises hope for petroleum downstream sector

      Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

      Investors must take advantage of Indonesia oil ban – Expert

      Investors must take advantage of Indonesia oil ban – Expert

      Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

      Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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        Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

        Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

        Report: Finance Apps’ Deployment Rises by 160% in Nigeria

        Fintech Company, Callphone Limited Gets CBN’s PSS Licence

        Gokada Opens Investment Opportunities for Logistics, Private Business

        Gokada Opens Investment Opportunities for Logistics, Private Business

        Equities extend losses as index dips further by 0.07 per cent

        Equities extend losses as index dips further by 0.07 per cent

        Firm targets middle-class for real estate, education financing

        Firm commits to reducing N21tr housing deficit

        90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

        60 eligible black-founded startups across Africa to share of $4m fund

        Dangote Refinery raises hope for petroleum downstream sector

        Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

        Investors must take advantage of Indonesia oil ban – Expert

        Investors must take advantage of Indonesia oil ban – Expert

        Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

        Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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          Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

          Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

          Report: Finance Apps’ Deployment Rises by 160% in Nigeria

          Fintech Company, Callphone Limited Gets CBN’s PSS Licence

          Gokada Opens Investment Opportunities for Logistics, Private Business

          Gokada Opens Investment Opportunities for Logistics, Private Business

          Equities extend losses as index dips further by 0.07 per cent

          Equities extend losses as index dips further by 0.07 per cent

          Firm targets middle-class for real estate, education financing

          Firm commits to reducing N21tr housing deficit

          90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

          60 eligible black-founded startups across Africa to share of $4m fund

          Dangote Refinery raises hope for petroleum downstream sector

          Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

          Investors must take advantage of Indonesia oil ban – Expert

          Investors must take advantage of Indonesia oil ban – Expert

          Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

          Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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            Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

            Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

            Report: Finance Apps’ Deployment Rises by 160% in Nigeria

            Fintech Company, Callphone Limited Gets CBN’s PSS Licence

            Gokada Opens Investment Opportunities for Logistics, Private Business

            Gokada Opens Investment Opportunities for Logistics, Private Business

            Equities extend losses as index dips further by 0.07 per cent

            Equities extend losses as index dips further by 0.07 per cent

            Firm targets middle-class for real estate, education financing

            Firm commits to reducing N21tr housing deficit

            90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

            60 eligible black-founded startups across Africa to share of $4m fund

            Dangote Refinery raises hope for petroleum downstream sector

            Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

            Investors must take advantage of Indonesia oil ban – Expert

            Investors must take advantage of Indonesia oil ban – Expert

            Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

            Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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              Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

              Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

              Report: Finance Apps’ Deployment Rises by 160% in Nigeria

              Fintech Company, Callphone Limited Gets CBN’s PSS Licence

              Gokada Opens Investment Opportunities for Logistics, Private Business

              Gokada Opens Investment Opportunities for Logistics, Private Business

              Equities extend losses as index dips further by 0.07 per cent

              Equities extend losses as index dips further by 0.07 per cent

              Firm targets middle-class for real estate, education financing

              Firm commits to reducing N21tr housing deficit

              90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

              60 eligible black-founded startups across Africa to share of $4m fund

              Dangote Refinery raises hope for petroleum downstream sector

              Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

              Investors must take advantage of Indonesia oil ban – Expert

              Investors must take advantage of Indonesia oil ban – Expert

              Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

              Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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                Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

                Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

                Report: Finance Apps’ Deployment Rises by 160% in Nigeria

                Fintech Company, Callphone Limited Gets CBN’s PSS Licence

                Gokada Opens Investment Opportunities for Logistics, Private Business

                Gokada Opens Investment Opportunities for Logistics, Private Business

                Equities extend losses as index dips further by 0.07 per cent

                Equities extend losses as index dips further by 0.07 per cent

                Firm targets middle-class for real estate, education financing

                Firm commits to reducing N21tr housing deficit

                90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

                60 eligible black-founded startups across Africa to share of $4m fund

                Dangote Refinery raises hope for petroleum downstream sector

                Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

                Investors must take advantage of Indonesia oil ban – Expert

                Investors must take advantage of Indonesia oil ban – Expert

                Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

                Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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                  Sanwo-Olu Lauds NNPC, Total, Others over Oxygen Plant

                  Sanwo-Olu, Others Call for Increase in Investment to Bridge Nigeria’s $11trn Infrastructure Gap

                  Report: Finance Apps’ Deployment Rises by 160% in Nigeria

                  Fintech Company, Callphone Limited Gets CBN’s PSS Licence

                  Gokada Opens Investment Opportunities for Logistics, Private Business

                  Gokada Opens Investment Opportunities for Logistics, Private Business

                  Equities extend losses as index dips further by 0.07 per cent

                  Equities extend losses as index dips further by 0.07 per cent

                  Firm targets middle-class for real estate, education financing

                  Firm commits to reducing N21tr housing deficit

                  90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

                  60 eligible black-founded startups across Africa to share of $4m fund

                  Dangote Refinery raises hope for petroleum downstream sector

                  Dangote, Port Harcourt refineries’ll prevent aviation fuel scarcity – Sirika

                  Investors must take advantage of Indonesia oil ban – Expert

                  Investors must take advantage of Indonesia oil ban – Expert

                  Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

                  Nigeria’s Q1 trade deficit rose by 175%, hit $764m – CBN

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                  Nigeria, EMEA telecoms markets get $479b of global $1.56tr revenue in 2021

                  The Guardian | May 12, 2022
                  Tariffs on data, voice calls may go up

                  mobile phone and telecommunication towers against blue sky

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                  • IDC warns looming economic slowdown would impact growth

                  Worldwide spending on telecoms services and Pay TV services reached $1.56 trillion in 2021, an increase of 1.6 per cent year-on-year, according to the International Data Corporation (IDC).

                  Out of the $1.566 trillion, markets in Nigeria, cum Africa, Europe and the Middle East (EMEA) earned $479 billion in revenue, an increase of 1.1 per cent from the $474 billion realised in 2020.

                  IDC expects worldwide spending on telecoms and pay-TV services to increase by 1.4 per cent in 2022 and reach a total of $1.58 trillion.

                  According to IDC, 2021 was characterised by the quick recovery of the global economy from the slump caused by the COVID-19 pandemic. It pointed out that this favourable environment resulted in additional spending growth on telecommunications services, which made the total value of the worldwide market rise slightly faster than originally forecast.

                  It pointed out that this trend was common for all global regions as the EMEA market grew 0.2 percentage points faster than forecast in October 2021; Asia/Pacific grew 0.5 percentage points faster, and the Americas grew 1.0 percentage points faster.

                  IDC said the higher-than-expected growth was also recorded in all technology segments except for Pay TV, which is logical because people were able to spend more time outside of their homes and therefore some decided to cancel subscriptions to TV packages acquired during the lockdowns.

                  IDC’s October 2021 forecast for the worldwide Telecom Services and Pay TV market included a scenario of further recovery (i.e., even higher growth rates) in the years 2022 and 2023. However, because of new circumstances that include accelerated inflation and the raising of benchmark interest rates by the central banks that will consequently lead to slower economic growth in the years to come, the forecast has been changed.

                  The new forecast is still optimistic, but the growth rates in its first half will be lower than what was recorded last year. The body noted that inflation should nominally have a positive impact on this market: the operators will be increasing their tariffs, clients will be paying more, and the total value of the market should be growing faster than previously expected. However, IDC said inflation also generates a deterioration of consumers’ and businesses’ purchasing power, thus causing a decrease in demand.

                  According to it, it is to be noted that the impact of inflation in the telco services market will be stretched over the next several years. “This is because a high proportion of users have two-year contracts with operators that guarantee stable fees until their contracts expire. That also means that the effects of inflation will initially be higher in the markets with a higher proportion of prepaid customers.

                  “War in Ukraine will have a negative effect on the market for communications services in EMEA. It will primarily hit the Ukrainian market, which will see a considerable decline due to destroyed network infrastructure and a huge number of people leaving the country. The Russian market will also decline as local demand will be under pressure due to the recession caused by international sanctions. On the other hand, the war will positively impact the markets of neighbouring countries (Poland, Slovakia, and Romania) that are hosting large numbers of Ukrainian refugees,” IDC stated.

                  It stressed that in addition, the COVID-19 saga has not ended yet, adding that the current lockdowns in China and the possible emergence of new variants of the virus in the rest of the world might bring additional impacts to the market, primarily in the business fixed data services section.

                  “Although the previous waves of COVID did not drastically affect the global market for telecoms services, the related global supply-chain disruptions are already causing shortages of end-user and network equipment and thus create new concerns for supply-side participants. This all contributes to IDC’s conservative forecast,” it stated.

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