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Nigeria’s Internet Boom Surges 168% In Three Years
Nigeria's digital revolution has hit warp speed, with total internet traffic exploding 168% from 517,670.15 terabytes in January 2023 to a staggering 1,385,536.04 terabytes in January 2026, according to Nigerian Communications…
IHS Towers Concludes Debt Restructuring With 9Mobile Ahead Of MTN Takeover
IHS Towers has finalized a key debt restructuring agreement with 9mobile, now operating as T2 Mobile, allowing the telco to vacate 2,576 tower sites across Nigeria. This structured repayment plan, extending through July 2027,…
Nigerian Artists Amass N60 Billion from Spotify in 2025
Nigerian artists generated over N60 billion in royalties from Spotify streams in 2025, marking a 140% revenue increase over the past two years, according to the platform's latest report. This figure underscores the explosive global…
BUA Cement Tops Gainers List As Nigerian Stock Market Hits Historic High
The Nigerian Exchange (NGX) All-Share Index soared to an unprecedented high of 201,474.9 points on March 16, 2026, marking a 1.55% surge that lifted total market capitalization to N129.3 trillion. Spearheading this remarkable rally…
CBN Orders Instant Reversal of Failed ATM Transactions, Mandates Massive Network Expansion.
The Central Bank of Nigeria (CBN) has issued new guidelines on the operations of Automated Teller Machines, directing banks including Access Bank, Zenith Bank, United Bank for Africa (UBA), and other financial institutions to…
Nigerian Breweries To Switch Fully To Home-Grown Barley Soon
Nigerian Breweries (NB) Plc., Nigeria's largest brewer, is actively testing local barley production to slash its $150 million annual import bill on 200,000 tons of malted barley. This breakthrough was showcased recently at the 2026…
CJN Hails FCCPC as Economic Integrity Pillar
Abuja Chief Justice of Nigeria (CJN) Hon. Justice Kudirat Kekere-Ekun has hailed the Federal Competition and Consumer Protection Commission (FCCPC) as indispensable to Nigeria's economic integrity, emphasizing its frontline role in…
Recapitalization Battle: 30 Banks Hit CBN’s Target as Deadline Nears
The Central Bank of Nigeria (CBN) has reported that 30 out of the 33 licensed Deposit Money Banks (DMBs) have met the minimum capital requirements, up from 20 in its prior disclosure on February 23, 2026. This 10-bank leap…
FG Set To Enforce Age Restrictions On Social Media
The Federal Government (FG) has announced plans to introduce age restrictions for social media usage in Nigeria, a decisive move aimed at curbing the potential risks associated with underage access to online platforms. This…
Google Unveils Open-Source Tool to Simplify Workspace Integration
Google has introduced a new open-source command-line interface aimed at making it easier for developers and artificial intelligence systems to connect with its productivity platform, Google Workspace.
The tool, known as gws,…