Africa Could Save $299bn Annually Through Better Public Investment Efficiency — AfDB
The African Development Bank (AFDB) has stated that African countries could save up to $299 billion annually through improved public...
Galaxy Backbone, Simba Infrastructure Partner to Expand Unified Communications Across Nigeria
The Federal Government’s ICT infrastructure provider, Galaxy Backbone Limited, has entered into a partnership with Simba Infrastructure Limited to expand...
EKEDP Launches Smart Power App to Improve Customer Electricity Management
Eko Electricity Distribution Plc has introduced the EKEDP Power App, a smart digital platform designed to give customers greater control,...
NGX Transactions Rise to N1.8tn in April as Retail Investor Participation Surges
Total transactions on the Nigerian Exchange Limited rose by 3.35 per cent month-on-month to N1.803 trillion in April 2026, up...
Global Food Prices Rise 5% After Strait of Hormuz Closure — World Bank
Global food prices rose by 5% in the two months following the near-total closure of the Strait of Hormuz after...
Lagos Electricity Consumers Back Plan to Scrap Band Classification
Electricity consumers in Lagos have backed the state government’s planned phase-out of electricity band classification, describing the current Band A...
NAICOM Grants First Operational Licence to Partnering Insurtech Firm in Nigeria
The National Insurance Commission has granted an operational licence to CBI Partnering Insurtech Ltd, making it the first fully licensed...
Fuel Prices May Drop as Oil Prices Fall Amid US-Iran Peace Talks
Fuel prices may decline in the coming days if global crude oil prices continue to fall following ongoing peace talks...
Fidelity Bank Appoints Veteran Banker Jonathan Ososuakpor as Non-Executive Director
Fidelity Bank Plc has announced the appointment of veteran banker Jonathan Oniovosa Ososuakpor as a Non-Executive Director, effective May 22,...
NBC Says Digital Switch-Over to Unlock ₦605bn Advertising Market for Nigerian Broadcasters
National Broadcasting Commission (NBC) has announced that its planned Digital Switch-Over (DSO) programme is expected to unlock Nigeria’s ₦605.2 billion...
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