Nigeria’s E-Payment Transactions Surge to N1.07 Quadrillion in 2024: A Milestone in the Cashless Economy
In a landmark achievement, Nigeria's electronic payment (e-payment) transactions have reached an unprecedented N1.07 quadrillion in 2024, marking a 79.6% increase from the N600...
Fintech Integration Propels Nigeria’s EMTL Revenue to N31.2 Billion in December 2024
In December 2024, Nigeria's Electronic Money Transfer Levy (EMTL) revenue surged to an unprecedented N31.2 billion, marking the highest monthly collection since the levy’s...
Chinese Firm Partners with Nigeria on $20 Billion Ogidigben Gas Project
In a significant development for Nigeria's energy sector, the China National Chemical Engineering International Corporation Ltd. (CNCEC) has expressed its readiness to support the...
BREAKING: NCC Approves 50% Telecom Tariff Increase Amid Rising Operational Costs
The Nigerian Communications Commission (NCC) has sanctioned a 50% increase in telecommunications tariffs, marking the first adjustment since 2013. This decision comes in response...
Lagos Rail Revolution: 6 New Trains from China to Boost Blue and Red Lines
In a significant move to bolster its urban transportation network, the Lagos State Government is set to receive six new train sets from China,...