Nigeria
Discos paid N26.81bn for electricity in June – NBET
The Nigerian Bulk Electricity Trading Plc has revealed that market receipts remitted by Distribution Companies in June 2021 amounted to...
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Twitter ban remains, says NCC as Nigerians lose N220.36bn
The Twitter ban in Nigeria is still in effect according to the Director, Public Affairs, Nigerian Communications Commission, Dr Ikechukwu...
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Telecommunication Industry remains resilience amid regulatory changes, covid-19 pandemic
Agusto & Co recently released its 2021 Telecommunications Industry report which provides a comprehensive view of the Industry including the...
Read moreNIN: Nigeria’s subscriber base to shrink
The ongoing sync of the National Identity Number (NIN) with Subscriber Identity Module (SIM) will further reduce the number of...
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Event Management App, ‘eSprayMe’ Goes Live
A new event management mobile app and website, known as eSprayMe that will revolutionise the world of event management through...
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Tech4Dev Partners Sterling Bank to Enhance Women Employment in Tech
Building on its quest to grow a diverse and inclusive team, Sterling Bank has signed a Memorandum of Understanding with...
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Don’t increase electricity tariff, ActionAid urges NERC
A civil rights organisation, ActionAid Nigeria, has protested against the proposed upward review of electricity tariffs by the Nigerian Electricity...
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Agusto & Co. affirms the ‘A-’ rating assigned to Union Bank of Nigeria Plc., with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. affirms the “A-” rating assigned to Union Bank of Nigeria...
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Agusto & Co. affirms Rand Merchant Bank Nigeria Limited’s ‘Aa-’ rating, with a stable outlook.
The rating expires on 30 June 2022. The rating assigned to Rand Merchant Bank Nigeria Limited (‘RMBN’ or ‘the Bank’)...
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Agusto & Co. assigns a “Bbb-” rating to Globus Bank Limited, with a stable outlook
The rating expires on 30 June 2022. The rating assigned to Globus Bank Limited (“Globus Bank” or “the Bank”) is...
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Agusto and Co. affirms the “BBB+(IM)” rating assigned to First Ally Asset Management Limited
The rating expires on 9 July 2022. The rating reflects the strength of the Manager’s Board of Directors, adequately experienced...
Read moreTelecoms sector attracts $3.9 billion foreign investments in five years
•Unstable macroeconomic environment impacting sector’s potential •NIN-SIM forces 6.3% decline in industry’s growth in Q1 2021 Between 2015 and 2020,...
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AIICO Pioneers Virtual Assistant in Insurance Business
AIICO Insurance Plc said it is taking its service delivery to a new level, with the launch of a new...
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PENGASSAN blames rising cooking gas price on forex
The Petroleum and Natural Gas Senior Staff Association of Nigeria has said that the greatest problem causing the rise in...
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Stakeholders Commend Nigerian Bottling Company’s Waste Management Initiatives
Leading stakeholders in Nigeria’s manufacturing and waste management sectors have applauded the Nigerian Bottling Company Limited (NBC), for its innovative...
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CBN engages British fintech to develop digital currency
The Central Bank of Nigeria, on Monday, announced the formal engagement of a global fintech company, Bitt Inc., as the...
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BUA, Turkish firm partner on 2,000tpd plaster plant
BUA Group has announced a partnership with MMM Erba Makina of Turkey on the supply of equipment for the construction...
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WIMBIZ: Political Participation of Women Stands at 6.7%
A communiqué by the Women in Management Business and Public Service (WIMBIZ) has revealed that the national average of women’s...
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Kale retires, Buhari appoints Harry statistician-general
The President, Major General Muhammadu Buhari (retd.), has approved the appointment of Simon Harry as the Statistician-General of the Federation...
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Investments in 4G drops 7 per cent as NCC assures of 5G deployment
Investments in Fourth Generation (4G) in Nigeria and Africa dropped by seven per cent in 2020, the International Telecommunications Union...
Read moreAgusto & Co: Elevated CRR Level Moderated Banking Industry’s Performance, Liquidity Position in FY 2020
The Nigerian banking industry would have recorded a return on average equity (ROE) of 31.6 per cent if not for...
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Telecoms: Nigeria’s data usage rises by 202% in three years
Data usage in Nigeria surged by 202.08 per cent in three years, according to data from the Nigerian Communications Commission....
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CBN Approval Delays GTCO, Stanbic IBTC H1 2021 Audited Result
Guaranty Trust Holdings Company (GTCO) Plc has joined Stanbic IBTC Holdings Plc and United Bank for Africa (UBA) Plc to...
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Olam BIP: Driving Real Sector Growth and Deepening the Economy
The economic diversification drives of the federal government have stimulated wider actions across multiple sectors. The drives aim to promote...
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Access Bank Launches Awareness Campaign to Combat E-banking Fraud
As part of its commitment to educate and protect customers from e-banking fraud, Access Bank Plc has launched an awareness...
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