Nigerian telecommunications firms are shelling out billions of naira annually to fix repeated fibre optic cable cuts, a costly and disruptive issue eroding service reliability and driving up expenses.

Nigerian President Bola Tinubu on Wednesday set a target of 7% annual economic growth by 2027, aiming to lift millions out of poverty and expand the economy to four times its current size by 2030.

The Nigerian currency, the naira has depreciated above N1,540 in the official window as forex interventions by the Central ...

Top Nigerian companies listed publicly are in a tight spot. They’re paying way more in interest, but they’ve cut down on ...

The Central Bank of Nigeria (CBN) is working on reviving the eNaira project as it reaffirms its commitment to building trust ...

The reforms instituted by the Central Bank of Nigeria (CBN) in the foreign exchange (FX) market continue to yield the desired ...

The Nigerian government has begun a formal investigation into allegations that cross-dresser, Bobrisky received special ...

VFD Group plans ₦50.67B rights issue at ₦10/share. Shareholders offered two new shares for every three held. Funds to boost capital, expand operations, support growth. VFD Group, a Nigerian holding ...

Nigeria, often hailed as the economic powerhouse of Africa, currently finds itself in a profound state of paradox. A casual ...

Many of Nigeria’s premier businesses are demonstrating a remarkable financial recovery after two years characterized by great ...

Th value of the naira has appreciated against the United states dollar in the official Nigerian Foreign Exchange Market (NFEM) but fall in the black market.

Yet, the Central Bank of Nigeria Act makes the naira the sole legal tender in the country, and makes it an offence for anyone ...