CBN Holds Interest Rate at 27.5% Amid Inflation Moderation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) opted to maintain all key monetary parameters, including the Monetary Policy Rate (MPR) […]
Business
Tariff Hike in Maritime Sector Tied to N14.26 Trillion Revenue Target Set by National Assembly
Tariff Hike in Maritime Sector Tied to N14.26 Trillion Revenue Target Set by National Assembly The recent tariff increases in Nigeria’s maritime sector have been […]
‘It’s mistake’ — MTN Nigeria reverses 200% data bundle tariff hike
Nigeria’s leading telecommunications company, MTN, has rolled back its 200% tariff increase on the 15GB data plan. The company announced the decision in a statement […]
Dangote Diesel Price Crashes To N1,020 Per Litre
Dangote Petroleum Refinery & Petrochemicals has further reduced the price of its diesel, lowering it from N1,075 to N1,020 per litre to better serve its […]
Equities Market Opens Week Low, Declines By 0.04%
The domestic stock market opened the week on a mixed note yesterday, as the All-Share Index (ASI) dipped slightly by 0.04 per cent. The ASI […]
Nigerians To Pay More For Goods As NPA Raises Port Tariff By 15%
The Nigerian Ports Authority (NPA) has announced a 15% increase in port tariffs across all rates and dues, marking the first adjustment in 32 years. […]
Blockchain Will Aid Market Regulation – SEC
Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has emphasized that integrating blockchain technology will enhance efficiency and strengthen the regulation […]
Dangote Refinery: NNPC may reduce petrol price, as marketers with imported fuel suffer losses
The Nigerian National Petroleum Company Limited (NNPCL) may lower the price of premium motor spirit (PMS) following Dangote Refinery’s recent ex-depot price reduction. This move […]
Microsoft Brings AI Tools To 365 Personal, Family Subscribers
Microsoft has announced the integration of its AI-powered tools, Microsoft Copilot and Microsoft Designer, into its Microsoft 365 Personal and Family subscription plans. The move […]
Nigeria Secures $7.6bn Investment Pledge At Africa Investment Forum – AfDB
Nigeria secured $7.6 billion in investment commitments at the 2024 Africa Investment Forum, organized by the African Development Bank (AfDB) and its partners in December. […]