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The Nigerian Communications Commission (NCC) has revealed that Nigerians are now consuming about 45,800 terabytes of data every day, reflecting the country’s rapidly growing dependence on internet services and digital platforms. Executive Vice Chairman and CEO of the NCC, Aminu…
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First Bank of Nigeria (FBN) Limited, a subsidiary of First HoldCo Plc, has appointed Dr. Julius B. Omodayo-Owotuga as Executive Director effective May 13, 2026, strengthening leadership in finance, governance, risk, and transformation. The post FirstBank appoints Julius Omodayo-Owotuga as Executive Director appeared first on…
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The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) a special regulatory waiver allowing them to invest pension assets in the upcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP). The post PenCom grants…
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Facebook has launched the sixth edition of its pan-African campaign, ‘Made by Africa, loved by the world: Where stories spark community,’ ahead of Africa Day on May 25. This year’s focus: African cinema. The 2026 campaign features a five-part vodcast…
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Key members of OPEC+ are planning to continue a series of gradual oil quota increases over the coming months, with the aim of fully restoring a previously halted layer of production—at least on paper—by the end of September. The post…
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The Securities and Exchange Commission (SEC) has warned Nigerians against investing in unregistered online investment schemes promoted across social media platforms, cautioning that many of them operate like Ponzi schemes. The post SEC warns Nigerians against rising ponzi schemes on…
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Adedayo Amzat, the Group Managing Director of leading financial services firm, Zedcrest Group, has officially commissioned a memoir, Building in Chaos: From Sawdust to Green Rugs, at his 40th birthday celebration held in Lagos. The milestone event brought together family,…
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Bharti Airtel has unveiled plans to consolidate its stake in Airtel Africa as part of a broader strategy to position itself ahead of a planned mobile-money initial public offering (IPO). The post Bharti Airtel expands Africa push with $2.9 billion…
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Africa’s largest refinery, the Dangote Refinery, is set to deploy Point-of-Sale (POS) terminals, fintech platforms, and mobile technology to drive retail participation in what is expected to become the largest public offer in Africa. The post Dangote Refinery to utilize…
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Cocoa prices have jumped 24% month-to-date in May on the global commodities market, climbing back above the $4,400-per-tonne level lost during the sharp downturn recorded in January 2026. The post Cocoa jumps 24% month-to-date in May on farmer protests, weak rains appeared first on Nairametrics.
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