Olla Systems, a leading provider of cloud and IT infrastructure solutions, has been awarded two internationally recognised certifications: ISO/IEC 27001:2022 for Information Security Management and ISO 22301:2019 for Business Continuity …
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- BusinessInformation TechnologyInfrastructureNigeriaSecurityTechnology
- Banking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeriaSecurity
CBN Records N1.21tn Subscription at Latest T-Bills Auction Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …
- EconomyGOVERNMENTInfrastructureInnovationNigeriaPoliciesTechnologyTelecommunications
NCC Data Shows Nigerians Cutting Back on Internet Usage Despite Rising Broadband Penetration
New figures released by the Nigerian Communications Commission (NCC) have revealed a fluctuating trend in national data consumption, as more Nigerians appear to be rationing internet usage following recent tariff …
- AfricaBusinessBusiness and EconomyBusiness InsightsDevelopmentEconomyFinance & ServicesINVESTMENTMarketsNigeriaReal EstateTrending TodayWestern Africa
Cap Rate, NOI, and IRR Explained for Smarter Property Investment
Understanding Cap Rate: Your First Glance at Profitability – The Quick Scan Dear investor, in Nigeria’s bustling property market, the ability to size up a real estate opportunity with surgical …
- AfricaEastern AfricaEconomyPoliticsRwandaTechnologyTrade and Commerce
Kalinda, Iradukunda Urge African Youth to Embrace Regional Trade and Break Colonial Borders
Senate President François-Xavier Kalinda has called on African youth to take full advantage of the growing regional trade opportunities across the continent, urging them to break free from colonial-era thinking …
- BusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesInsuranceNigeria
NEM Insurance Plc has made a major breakthrough in Nigeria’s
insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …
- BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
SEC: Listed Firms Paid N1.1 Trillion Dividends in 2024 as Market Activity Rises
The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …
- Banking, Finance & InvestmentBusinessBusiness and EconomyBusiness InsightsEconomyFinance & ServicesMarketsNigeria
First HoldCo Declares N25.13bn Dividend as 2024 Earnings Hit N3.21tn
First HoldCo Plc has announced a total dividend payout of N25.13 billion for the financial year ending December 31, 2024. The decision was approved at the company’s 13th Annual General …
- BusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and Commerce
World Bank Flags Nigeria’s Weak FDI Performance as Afreximbank Pushes for African-Led Investment
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
- BusinessEconomyFinance & ServicesHospitalNigeriaReal Estate
Capital Hotel Plc Grows Revenue to N17.98bn in 2024, Up 128%
Capital Hotel Plc, owners of Abuja Continental Hotel, has announced a revenue of N17.98 billion for the 2024 financial year, marking a 128 per cent increase from the N7.89 billion …