Two telcos raked in N2.02tn from airtime, data in 2021
MTN Nigeria Communications Plc and Airtel Nigeria both raked in N2.02tn from airtime and data revenues in 2021, according to...
Agusto & Co. affirms Keystone Bank’s ‘B-’ rating, with a stable outlook.
The rating expires on 30 June 2022. The rating assigned to Keystone Bank Limited (‘Keystone Bank’ or ‘the Bank’) reflects the...
Agusto & Co. upgrades the rating of Cardinal Stone Financing SPV Plc’s ₦5 billion Five-Year Senior Unsecured Fixed Rate (Series 1) Bond to ‘Bbb’.
The rating expires on 31 December 2022. Agusto & Co. hereby upgrades the rating assigned to the Series I ₦5...
Smart Adoption of Data Will Enhance SMEs Growth, Says MTN Boss
The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola has stressed the need for smart adoption of data by...
NIPOST Urges Postal Bodies to Drive Financial Inclusion with Technology
The Nigerian Postal Service (NIPOST) has called on African postal bodies to leverage technology in driving financial inclusion in postal...
Nigeria recorded 3.4% GDP growth in 2021 -NBS
Nigeria’s Gross Domestic Product grew by 3.98 per cent in the fourth quarter of 2021. This is the strongest growth...
SIMS Nigeria announces maiden White Friday sales
SIMS Nigeria, the official representative of Samsung Electronics, Panasonic and other major brands, has announced its first White Friday sales....
MTN, Mafab to launch 5G soon as FG hands over spectrum to NCC
The National Frequency Management Council, an agency of the Federal Government, has handed over the 3.5GHz spectrum allocation for the...
Nigeria TechWomen Alumni Mentors 30 Girls in STEM Education
Alumni of the 2021 US government-sponsored TechWomen program, has concluded a STEM mentoring program called, “EduChamps”, where it mentored 30...
NCC Has Set the Pace for 5G Rollout in Africa, Says NIEEE
With the successful auction of 3.5GHz spectrum licence in Nigeria in December 2021, and the expected rollout of 5G network...
Technology Fast Re-defining Consumers, Brands Engagement
Leading Marketing Communications experts have admitted that technology and shifts in societal nuances are now dictating how consumers interact with...
Electricity gulps 50% of MSMEs’ profits, says NCEEC
The National Centre for Energy Efficiency and Conservation, University of Lagos, has said electricity consumes about 50 per cent of...
NOVA Merchant Bank begins N20bn CP issuance
NOVA Merchant Bank has said its N20bn Series 1 and 2 Commercial Paper issuance under the Nova Merchant Bank Limited...
2021 Consumer Digital Banking Satisfaction Survey – Agusto & Co.
Agusto & Co’s fourth annual edition of the Consumer Digital Banking Satisfaction Index examines customers’ preferences towards digital banking platforms...
Bank of Industry Launches EUR700m Eurobond
The Bank of Industry (BOI), assisted by Rand Merchant Bank (RMB) has issued a EUR700m Eurobond by way of 144A/RegS...
PAN dumps Peugeot after over 40 years
After about five decades of operating the Peugeot assembly plant, PAN Nigeria Limited says it has dropped the brand and...
Senate approves bureau to investigate air, road, other accidents
The Senate has passed the Nigerian Safety Investigation Bureau (Establishment) Bill, 2021, which is to investigate accidents in all modes...
Economic recovery’ll continue on rising oil prices – Rewane
The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has said Nigeria’s economy is expected...
Fintech firm to launch financial services marketplace
PayPassage, a digital transaction solutions provider, said it is set to launch its financial services platform in Nigeria. A statement...
FG gross debt to grow by 92%, hits N136tn in 2026, says IMF
The Federal Government’s gross debt profile is projected to grow by 92.11 per cent from N70.85tn in 2022 to N136.11tn...
Flour Mills, BUA disagree over alleged suspension of sugar sale
Flour Mills of Nigeria Plc said on Monday that it did not suspend sales of sugar as claimed by its...
Insurance companies earned N630bn in 2021 – NAICOM
Insurance companies in the country earned N630.36bn premium in 2021 and paid N238.05bn as claims, the National Insurance Commission said...
Biking community moves to boost indigenous businesses, tourism
Organisers of the HangOut with Bikerz have said the biking community is passionate about promoting business patronage among indigenous micro,...
Telecom sector’s challenges cut-off five million users from networks in 2021
•Teledensity, broadband penetration dip by 2% and 5% respectively By the end of 2021, some 4.75 million telecommunications users were...
Insurance Sector’s Total Premium Reached N508bn in 2021 as Claims on Endsars Protest Hits N11bn
Chairman of the Nigeria Insurers Association (NIA), the umbrella body of insurance underwriters in the country, Mr Ganiyu Musa has...
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