The Anambra State Government has formally challenged assertions made by former Governor Peter Obi regarding the financial health and debt portfolio of the state at the end of his tenure in March 2014. Specifically, state officials refuted Obi’s claim that his administration left over ₦2.13 billion intact within a designated […]
The Nigerian Communications Commission (NCC) has trained over 100 Persons with Disabilities (PWDs) in Lagos State on digital citizenship, cybersecurity, data protection and assistive technologies, as part of its drive to ensure that disability does not exclude Nigerians from opportunities in the digital economy. The participants received the training during […]
Quest Merchant Bank Limited has strengthened its track record in Nigeria’s capital markets following its role as Joint Lead Issuing House on BOI Financing SPV PLC’s ₦250 billion Series 1 Fixed Rate Bond Issuance. The Offer, which ran from August 5 to August 11, 2026, was oversubscribed, reflecting strong institutional […]
The Debt Management Office (DMO) has officially announced a massive ₦1 trillion Federal Government of Nigeria (FGN) bond offer for public subscription. The double-tranche debt issuance is structured with a face value of ₦1,000 per unit, providing institutional investors, high-net-worth individuals, and corporate entities a sovereign-backed avenue to […]
Commercial, merchant, and non-interest banks operating across Nigeria shut down a net total of 476 physical branches and cash centers between 2022 and 2025, shrinking their physical operational footprints by 8.8% over the three-year evaluation period. This significant structural contraction occurred despite a net increase in the overall number of […]
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have officially endorsed the Initial Public Offering (IPO) of the Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise. The two apex capital market bodies have described the multi-trillion naira public share sale as a […]
Nigeria is positioning its rapidly expanding digital economy as a major investment opportunity by moving beyond traditional regulation to actively create the conditions for private capital to flow into cloud computing, data centres, connectivity and other critical digital infrastructure. The Director-General of the National Information Technology Development Agency (NITDA), Kashifu […]
Nigeria is seeking to transform its rapidly expanding digital economy into a major investment opportunity for data centres, cloud computing and other critical digital infrastructure, as the Federal Government moves to create the policy and security environment needed to attract the next generation of technology capital. The Director-General of the […]
Nigeria is positioning itself to become a major cloud computing and digital infrastructure hub in Africa by leveraging billions of naira in public-sector technology spending to stimulate domestic investment and build a stronger home-grown cloud ecosystem. The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, disclosed […]
The Nigerian Communications Commission (NCC) is strengthening its oversight of communications devices in Nigeria through a technology-enabled framework designed to improve compliance with its Type Approval requirements for SIM-enabled devices. The initiative is aimed at ensuring that communications devices imported, distributed, sold and used in Nigeria meet applicable technical and […]
