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Nigeria

DisCos Fail to Recover ₦202 Billion in Power Bills Within Three Months

Nigeria’s electricity distribution companies (DisCos) are grappling with deepening revenue collection challenges, having failed to recover over ₦202 billion in electricity bills within the...

Firms Increase Investment as Naira Shows Signs of Stability

A wave of cautious optimism is sweeping through Nigeria’s business landscape as the naira maintains a relatively stable exchange rate, prompting companies to ramp...

MultiChoice Nigeria Loses 1.4 Million Subscribers Amid Sustained DStv Price Hikes

MultiChoice Nigeria has seen a steep drop in its subscriber base, losing over 1.4 million customers in the past two years, as consumers increasingly...

Omeife: Africa’s First Humanoid Robot Enters the Global Tech Spotlight

Blending artificial intelligence with African cultural expression, Omeife stands tall literally and symbolically as Africa’s first humanoid robot. Created by Nigeria’s Uniccon Group, the six-foot-tall...

Lease Controversy Rocks Rivers Port Terminal Concession

A growing controversy has engulfed the concession of Terminal B at the Rivers Port in Port Harcourt, as federal lawmakers and regulators intensify investigations...

Nigeria to Host Inaugural International Civil Service Conference, Aiming to Drive Public Sector Innovation

Nigeria is set to host the maiden edition of the International Civil Service Conference from June 25 to 27, 2025, in Abuja, in what...

Oando Plc Reports Robust FY 2024 Results, Reaffirming Leadership in Nigeria’s Energy Sector

Oando Plc has released its full-year 2024 financial results, showcasing a strong rebound in earnings and operational performance that signals renewed confidence in Nigeria’s...

Mauritius Investment Firm to Acquire 26% Stake in Nigerian E-waste Recycler Hinckley

In a significant boost for Nigeria's burgeoning e-waste recycling sector, uMunthu Investment Company II, a Mauritius-based private equity fund, is set to acquire a...

CBN Refutes Claims of Extended BDC Recapitalisation Deadline

The Central Bank of Nigeria (CBN) has firmly dismissed circulating reports suggesting that the deadline for Bureau De Change (BDC) operators to meet new...

Unstable Power Supply A Major Roadblock to Nigeria’s Tech Sector Growth, Says NACC Acting DG

Nigeria's aspirations to become a leading hub in the global technology landscape will remain unfulfilled without a consistent and stable power supply, according to...

Mo Abudu: The Storyteller-in-Chief of Africa

If the 21st century belongs to those who shape culture, then Mosunmola Abudu, known across the world as Mo Abudu, has already claimed her...

Dr. Nike Okundaye-Davis: The Art Matriarch Who Turned Indigo Into Influence

In the expansive landscape of African creativity, few names hold the weight, reverence, and generational impact of Dr. Nike Okundaye-Davis. A titan in the...
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