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NDPC Probes Alleged Data Breach at CAC The Nigeria Data Protection Commission (NDPC) has opened an investigation into an alleged data breach at the Corporate Affairs Commission (CAC). Mr Babatunde…

No Ban On Airtime Borrowing, Data Advance Services —FCCPC The Federal Competition and Consumer Protection Commission (FCCPC) says the Commission did not ban airtime borrowing and data advance services in…

Nigeria Deepens Regional Influence With $500K Investment The Federal Government of Nigeria has committed 500,000 dollars to AFRITAC West 2 Phase III, reinforcing efforts to strengthen policy capacity and macroeconomic…

Investors Gain N3.4T as Capital Rotates to Banking, Energy Stocks Equities investors gained about N3.4 trillion in the Nigerian Exchange (NGX) on Friday on strong sectoral performance led by the…

Oando JV Signs Gas Deal to Power Bayelsa’s Power Supply Oando Plc announced that its upstream Joint Venture (JV) with NNPC E&P Limited (NEPL), the NEPL/Oando JV, has enabled the…

XRP Gains as Ripple Tests Real-Time Bonds Settlement in Korea XRP price rose by 5% to $1.46 as Ripple tested real-time bond settlement in Korea, fuelling expectations that improved adoption…

Nigerian Bonds Face Selloffs after Disinflation Reversal A reversal to disinflation stoked selling pressure in Nigerian bonds, as investors’ returns came under risk amid spot rate repricing across the fixed-income…

MTN Suspends Airtime, Data Lending Services The MTN Nigeria Communications Plc has temporarily suspended its airtime and data lending service, “Xtratime”, following new regulations introduced by the Federal Competition and…

Disinflation Reversal Makes Interest Rate Cut Less Likely Global energy crisis is expected to put Nigeria’s interest rate cut on hold until the aftermath effects of the US-Iran war fizzle…

Exchange Rate Today -Naira Strengthens to N1342 Per Dollar The Naira closed the trading session in the positive territory at the Nigerian Foreign Exchange Market (NFEM), appreciating by 11bps or…