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First Bank eyes expansion into Ethiopia, Angola, Cameroon, and Cote d’Ivoire as financial systems in Africa open new opportunities for growth.  As financial systems across Africa continue to evolve, First Bank is looking to capitalise on the...
GSMA Intelligence reveals that businesses are prioritising revenue growth and cybersecurity in their digital transformation strategies, with rising investments.  A new report by GSMA Intelligence highlights a significant shift in enterprise priorities as digital transformation continues to...

Bismarck Rewane supports telecom tariff hike to boost productivity and combat inflation

Bismarck Rewane backs proposed telecom tariff hike, saying it will boost productivity, moderate inflation, and signal investor confidence.  Bismarck Rewane, the Chief Executive Officer...

Tomato farmers call for government support to tackle post-harvest losses

NATPAN urges government intervention to reduce tomato post-harvest losses with better facilities, transportation methods, and solar dryers.  The National Tomato Growers, Processors and Marketers Association...

Airtel Nigeria CEO says tariff increase is inevitable amid rising costs

Airtel Nigeria CEO Dinesh Balsingh cites a 300% rise in operational costs, saying gradual tariff adjustments are essential for quality service.  The Chief Executive Officer...

Oluwatoyin Ayodele stresses technology’s role in strengthening Nigeria’s financial security

Oluwatoyin Ayodele highlights the importance of technological innovations like blockchain, biometrics, and AI in building trust and securing Nigeria’s financial future.  Financial expert Oluwatoyin Ayodele...

Dangote refinery boosts Nigeria’s domestic oil supply, despite rising imports from US

Dangote Refinery's 2024 performance increased Nigeria’s domestic oil supply while imports of US oil rose, highlighting shifting global oil trade dynamics.  In 2024, the Dangote...

FG allocates ₦132bn to boost Nigerian agriculture in 2025

The Federal Government’s ₦132bn allocation in 2025 aims to empower Nigerian farmers, enhance food security, and tackle agricultural challenges.  The Federal Government of Nigeria has...

Nigerian Breweries lists 20.7bn shares on Nigerian exchange limited

Nigerian Breweries Plc officially lists 20.7bn shares on the Nigerian Exchange Limited, increasing total outstanding shares to 30.98bn. Nigerian Breweries Plc has officially listed 20.7...

Polaris Bank champions education for all with continued support for out-of-school children

Polaris Bank continues its commitment to reducing out-of-school children in Nigeria by empowering 50,000 students by 2028 through educational support. Polaris Bank and its partners...

NERC transfers oversight of Ogun State’s electricity market to local regulator

The Nigerian Electricity Regulatory Commission has transferred oversight of Ogun State's electricity market to the new local regulator, in line with recent reforms. In a...

Petrol prices soar in Nigeria amid refinery challenges

Nigerian petrol prices hit historic highs, sparking economic turmoil. Hopes for cheaper fuel from local refineries remain unfulfilled. Nigerians are grappling with unprecedented petrol prices...

Nigeria secures $1.5bn loan from World Bank after major economic reforms

Nigeria receives a $1.5bn loan from the World Bank after successfully implementing economic reforms, including fuel subsidy removal and tax changes.  Nigeria has secured a...

Currency swap deal with China may challenge Nigeria’s AfCFTA goals, says group

A think-tank has warned that Nigeria’s renewed currency swap agreement with China could limit its active participation in the Africa Continental Free Trade Area...

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