Nigeria could enter 2026 on its strongest economic footing in more than a decade, according to leading economist, Bismarck Rewane. He said a combination of easing inflation, rising investment, major corporate listings and stabilising monetary conditions will propel the country into a new and more durable cycle of growth. Presenting his projections at the Parthian…
The Presidential Enabling Business Environment Council (PEBEC) has named the Nigerian Communications Commission (NCC) one of the top five best-performing Federal Government agencies for 2025 under the Transparency and Efficiency Category. The NCC was recognized alongside the Nigerian Content Development and Monitoring Board, which emerged overall best-performing agency; the National Drug Law Enforcement Agency, which…
Between 2022 and 2024, Nigeria’s telecom sector attracted $991million in foreign direct investment (FDI) into the economy. According to a report prepared by the Nigerian Communications Commission (NCC), FDI into the Nigerian telecom industry in year 2023 was approximately $134,754,819.27 against $399, 905,531.38 as at year 2022. In 2024, it was approximately $456,589,936.15 against $134,754,819.27…
Nigeria is losing huge foreign exchange (FX) cash in the global pineapple market because of the country’s dependence on raw export of the produce as the only revenue source, according to a farmers’ group that specializes in pineapple growing, processing and marketing. Currently, the global market value of the pineapple market is estimated at approximately…
To boost job creation as well as digital technology penetration in the country, the Micro, Small and Medium Enterprises Development Agency (SMEDAN) has appealed to MTN Nigeria for collaboration. Its Director-General, Charles Odii, who made the appeal said with millions of small businesses depending on accurate guidance and easy-to-access support, MTN and SMEDAN’s shared platform…
Nigeria’s leading composite e-commerce giant, Konga, has officially flagged off the Konga Naija Shopping Festival, a nationwide end-of-year shopping campaign designed to bring unmatched value, convenience, and festive cheer to millions of households. Running from December 7 to 31, the campaign aims to empower shoppers with massive discounts, special offers, and unique gifting opportunities as…
The Court of Appeal in Abuja, on Thursday, affirmed a judgment barring the Directorate of Road Traffic Services and Vehicle Inspection Officers from stopping motorists, confiscating vehicles, or imposing fines on road users. In a unanimous decision, a three-member panel held that there was no basis to overturn the Federal High Court’s ruling of October…
Nigeria, South Africa, Kenya and Zimbabwe have shared a total of €18,000 cash in Schneider Electric together with Enactus, 2025 Energy Transition Battery Innovation Challenge, funded by the Schneider Electric Foundation. While the former is the global leader in energy management and automation, and sustainability leader, the former is an international NGO dedicated to inspiring…
Data breaches that affected Nigerian entities rose sharply to an extraordinary 1,047 per cent compared to the previous quarter, according to the latest esentry Eagle’s Eyes Q3 2025 cybersecurity report. The report, released yesterday, showed that the country logged an average of 6,101 attacks per week in July, a pace that continued through the quarter…
