As Nigerians grapple with the naira redesign and cash withdrawal limit policies introduced by the Central Bank of Nigeria (CBN), President Muhammadu Buhari has said measures were being put in place to
MoreThe Centre for the Promotion of Private Enterprise [CPPE] has expressed serious concern that the failure to extend the deadline for the currency swap could put N100 trillion component of the national
MoreFor an electricity distribution area, Kano Electricity Distribution Company (KEDCO) that gets between 250-360 Megawatts, on a day by day basis, many will dismiss the commissioning of the 10MW, Challawa Kano Solar
MoreThe Governor of the Central Bank of Nigeria (CBN) has extended the timeframe to phase out the old Naira notes two days before the initial deadline. Prime Business Africa had reported that
MoreThe general state of mobile in 2022 was one of continued growth and innovation. But there are concerns of overuse as growth continues at astronomical levels. According to recent data, there were
MoreThe equity capitalisation fell to N28.68 trillion on Friday, 27 January 2023, from the N28.73 trillion it closed at on Thursday, 26 January 2023. This means the market capitalisation of the Nigerian
MoreThe Naira suffered heavy depreciation against the United States Dollar (USD) in 2022 in the official channel and the Bureau De Change-controlled Black market. Despite some notable policies by the Central Bank
MorePoint of sale (PoS) operators have been ejected from the residential environment in Abuja by the Federal Capital Territory Administration (FCTA). The coordinator of the Abuja Metropolitan Management Council (AMMC), Umar Shuaibu,
MoreAfrican e-commerce platform, Jumia, has also announced that the company will start rejecting old naira notes, days after Chicken Republic made the same decision. Companies are beginning to notify their customers as
MoreBesides being more advanced than GPS, Google’s new innovative Visual Positioning System (VPS) has also been described as the future of advertising. With this new technology, Google Maps can make use of
More