MTN Nigeria and Huawei Nigeria Technologies Company Ltd., have installed over 100 fifth generation (5G) mobile technology cell sites in the country ahead of the commercial launch of the service. …
Addax Petroleum Development Nigeria workers have embarked on strike over anti-labor practices. Nigeria’s oil production may suffer a further decline of 22,000 barrels of oil per day as a result …
Nigeria’s excess crude fund has plunged to $376,655.09 at the end of June, from $35.37m in May, amid limited crude exports, biting fuel subsidies, piling debt and a struggling economy. …
Airlines operating in Nigeria have resorted to cutting flight schedules on major routes in the country as a result of the shortage and lingering scarcity of jet gas being experienced …
The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette on Wednesday showed the …
The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion being revenue that was generated in June 2022 to the federal government, states and local governments …
The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) …
Nigerian equities on Monday opened the week extending its losing streak for the fifth consecutive session as investors’ investment declined by N313 billion. The All Share Index (ASI) decreased by …
Jumia Nigeria has been recognised for its innovation and service delivery at the GAGE Awards. The company was awarded e-commerce website of the year, a category that reflects the best …
Ecobank Transnational Incorporated (ETI) has posted a profit before tax of $261 million for the first half of the year ended June 30, 2022. This was contained in the group’s …