Diesel: Telcos lament high operational cost, seek FG’s intervention

Telecommunication providers under the aegis of the Association of Licensed Telecommunications Operators of Nigeria have said the rising cost of diesel has impacted negatively on their operational costs and that…

Stock Market Shrugs Off Insecurity Worries, Gained N3.02trn in Q1

The market capitalisation of the Nigerian Exchange Limited (NGX) gained N3.02 trillion in the first quarter (Q1) of 2022, notwithstanding the growing insecurity concerns in the country. The market performance…

Senate orders MultiChoice, others to halt tariff hike

The Senate has directed pay-tv service providers to halt the increase in their prices in tandem with the economic situation in Nigeria. Specifically, it kicked against the increase in tariffs…

World Bank suspends Nigerian firm, MD for bribery

THE World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm,…

Poor Nigerians to hit 95.1m in 2022, says World Bank

THE World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years. The President, Major General Muhammadu Buhari (retd.), was…

Nigeria Suffers $14bn Loss to Farmer-herder Clashes, Says Osinbajo

Nigeria has lost over $14 billion yearly due to the frequent farmer-herder clashes, Vice President Yemi Osinbajo said yesterday. Osinbajo made the disclosure in Lagos, while declaring this year’s Livestock…