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Lagos, Nigeria
Saturday, May 15, 2021

OLX shuts down Nigeria offices

There are indications that OLX, an online marketplace owned by Naspers, has shut down its offices in Nigeria, a move that will affect over...

Investors lose N220bn in one day at Nigerian stock market

Investors in Nigeria’s stock market lost a total of N220 billion on Monday due to the losses recorded by 22 firms listed on the...

Britain to add naira to list of accepted trade currencies

The naira will become one of three West African currencies that UK Export Finance has pre-approved for its programme of funding transactions that promote...

NCC uncovers forceful subscriptions, illegal deductions by telcos

A large volume of forceful subscriptions and illegal deductions by the telecom service providers has been uncovered by the Nigerian Communications Commission (NCC). The...

Nigeria’s mobile phone subscription hits 147m

The Nigerian Communications Commission (NCC) said that the country’s phone subscriptions have reached 147 million as at January 2018. The Executive Vice Chairman, NCC, Professor...

South Africa’s Sun International close to exiting Nigeria

South Africa’s Sun International expects an investigation into a shareholder dispute at its Nigerian operation to be completed shortly, paving the way for the...

CBN set to reach deal in $8.1bn MTN dispute

Central Bank of Nigeria (CBN) is on the verge of an agreement over a $8.1 billion dispute with South African telecoms firm MTN, its...

Teleology takes over troubled Nigeria telecomms firm 9mobile

Teleology has formally taken over control of Nigeria’s troubled telecommunication company, 9mobile, by appointing a new board of directors, headed by 54-year-old Nasiru Ado...

Synergos offers platform for diversity into agribusiness

A non-profit organisation Synergos Institute is partnering the National Orientation Agency (NOA) in Nigeria to organise a summit on 14 November to set the...

CBN injects another $210 million into forex market

The Central Bank of Nigeria (CBN) says it has again injected $210 million into the foreign exchange (forex) market in continuation of its intervention...

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Google honours Achebe on posthumous birthday

Technology giant, Google, has honoured Nigerian literary icon, Chinua Achebe on its doodle, adding up to the long list of awards clinched by the...

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