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AI, civic tech are changing Nigeria's election result tracking landscape

Nigeria, Sept. 30 -- Before the 2023 General Election, Nigeria's result system was largely a physical chain in which polling unit results were recorded on paper and transmitted upward through successi... Read More


EXPLAINER: OPay is not replacing phone numbers with standard account numbers

Nigeria, Sept. 28 -- A social media claim that OPay has stopped using customers' phone numbers as account numbers and is now issuing standard bank account numbers has sparked confusion among users of ... Read More


MPR Cut: Why cheaper loans may not come soon - Experts

Nigeria, Sept. 24 -- Economists and financial analysts have offered mixed views on the immediate impact of the Central Bank of Nigeria's (CBN) decision to cut the Monetary Policy Rate (MPR) by 350 bas... Read More


CBN warns Middle East tensions, election spending could disrupt disinflation

Nigeria, Sept. 23 -- The Central Bank of Nigeria (CBN) expected Nigeria's inflation rate to moderate further in the short- to medium-term. Still, it warned that prolonged geopolitical tensions in the ... Read More


Mambilla: Malami speaks on $200m settlement, rejects ICC corruption finding

Nigeria, Sept. 23 -- Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has rejected the finding of an International Chamber of Commerce (ICC) arbitration tribunal tha... Read More


CBN's rate cut could boost investment, relieve businesses - CPPE

Nigeria, Sept. 22 -- The Centre for the Promotion of Private Enterprise (CPPE) has welcomed the Central Bank of Nigeria's decision to cut the Monetary Policy Rate (MPR) by 350 basis points to 23 per c... Read More


FX pressures recede as reserves hit 18-year high, current account surplus rises 67.9% - CBN

Nigeria, Sept. 22 -- The Central Bank of Nigeria (CBN) has revealed that foreign exchange pressures have receded as Nigeria's external reserves climbed to $55.25 billion. In comparison, the country's ... Read More


Multiple FX windows cost Nigeria 3% of GDP - CBN

Nigeria, Sept. 22 -- The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has said that losses arising from Nigeria's multiple foreign exchange (FX) windows amounted to about three per cent of... Read More


CBN cuts interest rate to 23%

Nigeria, Sept. 22 -- The Central Bank of Nigeria (CBN) has cut the benchmark interest rate to 23 per cent. CBN Governor Olayemi Cardoso disclosed the committee's decision at the conclusion of the ban... Read More


SUNU Assurances appoints new director, external auditor

Nigeria, Sept. 21 -- SUNU Assurances Nigeria Plc has appointed Michael Chukwu as an Independent Non-Executive Director, while TAC Professional Services has been appointed as the company's new external... Read More