News - Page 550

Africa

Nigerians Spend Over N2 Trillion On Airtime, Data In 9 Months, Reflecting Surging Internet Use

In the first nine months of 2023, Nigerian telecom subscribers’ expenditure on airtime and data skyrocketed to N2.59 trillion, as disclosed by financial statements from major telcos MTN Nigeria and Airtel Africa. This

Emmanuel Ochayi

November 28, 2023

Africa·Business·News·Tech News

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

U.S. Commercial Service and the African Development Bank have cemented a partnership aimed at revolutionizing digital innovation across the African continent. “This is a pivotal moment for Africa’s technological evolution,” remarked Ashley

Emmanuel Ochayi

November 28, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

News

Naira Devaluation Shrinks Nigeria’s GDP By $193bn

The recent devaluation of the Naira has shaved about $193 billion off Nigeria’s gross domestic product (GDP) when converted from naira to dollar. This fact was thrown up by an analysis of

Victor Ezejaand

Admin

November 28, 2023

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business·News·Oil & Gas

NNPCL Boosts Dangote Refinery With Fourth Delivery Of 1m Barrels Crude Oil

In a move propelling Nigeria’s refining landscape, the Nigeria National Petroleum Corporation Limited (NNPCL) has continued its stride by delivering an additional one million barrels of crude oil to the Dangote Refinery.

Emmanuel Ochayi

November 28, 2023

Business·News

Ogun Govt Disburses N112 Billion In Pensions, Gratuities; Appoints 4 Permanent Secretaries

In a declaration during the swearing-in ceremony of four new Permanent Secretaries in Ogun State, Governor Dapo Abiodun announced the allocation of over N112 billion toward pensions and gratuities for retired civil

Emmanuel Ochayi

November 28, 2023

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

Banking Sector Soars Despite N132B Market Cap Dip: First Bank Surges 10%

Despite a dip in market capitalization by N132 billion, today’s trading session witnessed a 0.17% rise in the All-Share Index, closing at 71,353.81 points. The positive sentiment primarily stemmed from robust performances

Emmanuel Ochayi

November 28, 2023

Business·Currency·News

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

In a turn of events, the Nigerian naira faced a downward spiral against the US dollar, hitting an intraday high of N1130/$1 at the official market, signaling a concerning trend for the

Emmanuel Ochayi

November 28, 2023

News·Sports

Iwobi On Target In 300th Premier League Game As Fulham Edges Past Wolves

Super Eagles midfielder Alex Iwobi opened the scoring for Fulham in their thrilling 3-2 win over Wolves at Craven Cottage in his 300th club career game on Monday night

Izuchukwu Okosi

November 28, 2023

Nigerians commend Asisat Oshoala after winning th CAF award x

News·Sports

Oshoala, Nnadozie Make CAF List For Women’s Awards

Super Falcons stars Asisat Oshoala and Chiamaka Nnadozie have made the 10-woman shortlist for the 2023 Africa Women’s Footballer of the Year award released on Monday evening.

Izuchukwu Okosi

November 28, 2023

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Finance & Economy·News

Persisting Forex Crisis Threatens Nigeria’s $1trn Economy Ambition

Analysis by Prime Business Africa has shed light on Nigeria’s struggle to achieve its $1 trillion economy goal amidst the forex exchange market turmoil and the naira’s persistent weakness. The devaluation of

Emmanuel Ochayi

November 27, 2023

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News - Page 550

Nigerians Spend Over N2 Trillion On Airtime, Data In 9 Months, Reflecting Surging Internet Use

AfDB Partners U.S. Commercial Service To Fuel Digital Revolution In Africa

Naira Devaluation Shrinks Nigeria’s GDP By $193bn

NNPCL Boosts Dangote Refinery With Fourth Delivery Of 1m Barrels Crude Oil

Ogun Govt Disburses N112 Billion In Pensions, Gratuities; Appoints 4 Permanent Secretaries

Banking Sector Soars Despite N132B Market Cap Dip: First Bank Surges 10%

Naira Slumps To N1130/$1 Despite Prior Gains; CBN’s Measures In Focus

Iwobi On Target In 300th Premier League Game As Fulham Edges Past Wolves

Oshoala, Nnadozie Make CAF List For Women’s Awards

Persisting Forex Crisis Threatens Nigeria’s $1trn Economy Ambition

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