Nigeria’s inflation rose to 11.61% in October 2019, highest in 17 months
Nigeria’s inflation increased to 11.61% in October 2019. According to the NBS report, inflation rose by 0.37% points, higher than the 11.24%...
DEAL: Visa to acquire 20% stake in Interswitch, valuing it at $1 billion
Visa is thought to be paying $200 million, valuing Interswitch at about N1 trillion. Helios bought 52 percent of Interswitch for...
Nigeria witness power cut as system collapse hit transmission stations
Nigeria’s Power Distribution Companies (DisCos) have announced system collapse across all transmission stations. This was disclosed in a statement issued...
Buhari proposes sweeping changes to tax laws in 2019 Finance Bill
President Muhammadu Buhari has proposed sweeping changes to Nigeria's tax system.
Sanwo-Olu presents N1.1 trillion 2020 budget
Lagos Governor, Babajide Sanwo-Olu has presented a total budget size of N1.168trillion for 2020 to the House of Assembly. The...
Nigerians knock Fashola over comments on “bad roads”
Babatunde Fashola appeared to have angered many Nigerians with his latest comments on the state of the country’s roads.
Senate reintroduces ‘social media use’ bill, to impose 3 years imprisonment, N10 million fine
The Nigerian Senate has finally re-introduced the bill seeking to regulate social media use in Nigeria.
Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy
Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy
Textile firms shut down operations as border closure bites hard – FSDH report
A report from FSDH Merchant Bank Limited shows that some textile firms in one of Nigeria’s commercial city, Kano, have...
Data war heightens, as 311,183 subscribers dump Glo, 9mobile
Telcos in Nigeria are trying hard to offer quality services and affordable plans in a bid to outdo one another.
