South Africa’s economy recorded a weak performance in the first quarter of 2025, growing by only 0.1% on a quarter-on-quarter basis, according to data released by Statistics South Africa (Stats …
Economy
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- BusinessEconomyNigeriaTelecommunicationsUncategorized
Nigeria’s Internet Data Usage Drops After Tariff Hike, Subscribers Decline by Over 22 Million in One Year
Internet data consumption in Nigeria dropped by 17,647 terabytes between January and April 2025 after a new data pricing policy pushed the cost of telecom services higher. The Nigerian Communications …
- Banking, Finance & InvestmentEconomyNigeriaStanbic IBTCTelecommunications
Telcos Disagree with Banks Over USSD Airtime Billing Claims
Confusion has trailed the planned migration to end-user billing for Unstructured Supplementary Service Data (USSD) as telecommunications operators in Nigeria have faulted the claims by some Deposit Money Banks (DMBs) …
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CBN Silent as Recapitalisation Deadline for BDCs Elapses
The Central Bank of Nigeria (CBN) is yet to speak on the next steps regarding the planned recapitalisation of Bureau De Change (BDC) operators, even as the official deadline of …
- BusinessEconomyEnergyGOVERNMENTOil & Gas
PE Energy Submits First-Ever Engineering Audit on Upstream Measurement to NUPRC
PE Energy Limited, a leading energy services company in Nigeria, has officially submitted its Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian oil and gas sector …
- BusinessEconomyGOVERNMENTNigeriaTechnologyTrade and Commerce
Stakeholders Raise Alarm Over Delay in Cargo Evacuation at Tin Can and Apapa Ports
Stakeholders in Nigeria’s export business have again raised serious concerns over the slow pace of cargo movement at the Tin Can Island and Apapa ports in Lagos. These delays, especially …
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Over 75% of Nigerians Pay for Healthcare Out-of-Pocket as Private Sector Pushes Reform
More than 75 percent of Nigerians pay for healthcare directly from their pockets, a trend health experts have described as unsustainable and dangerous to public health. This concern was at …
- EconomyGOVERNMENTLabourNigeriaPolitics
JUSUN Calls Off Strike, Orders Judiciary Workers to Resume Today
The Judiciary Staff Union of Nigeria (JUSUN) has officially suspended its nationwide strike, directing all members to return to work today, Wednesday. This decision follows successful negotiations with key government …
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Pension Asset Growth Slows to 12-Month Low at N61.9bn Amid Outflows from Existing Schemes
Growth in Nigeria’s pension assets dropped to a 12-month low of ₦61.91 billion at the end of March 2025, primarily due to outflows from approved existing schemes (AES), according to …
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Nigeria Imports Danish Dairy Cattle to Double Milk Production, Cut $1.5bn Import Bill
Nigeria has begun importing high-yield dairy cattle from Denmark in a bold move to double its milk production within five years and slash the country’s $1.5 billion annual dairy import …