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  1. MTN Nigeria Invests $120 Million to Boost 5G Coverage, Plans Further Expansion

    Nigeria MTN Nigeria Invests $120 Million to Boost 5G Coverage, Plans Further Expansion

    MTN Nigeria's Chief Financial Officer, Mr. Modupe Kadri, revealed in an exclusive interview with Nairametrics that the company invested over $120 million in expanding 5G coverage in the last two years. These investments boosted 5G coverage from 3% in 2022 to 11% in 2023, with plans for further...
    • Nigeria News
    • Article
    • 1 min read
    • 5g expansion mtn nigeria nairametrics nigerian communications commission telecom investments
    • Category: Business
  2. Nigeria's FMCGs Hit Hard: Record N452B Forex Loss Amid Dollar Scarcity Chaos

    Nigeria Nigeria's FMCGs Hit Hard: Record N452B Forex Loss Amid Dollar Scarcity Chaos

    Photo by Giorgio Trovato on Unsplash Nigeria is currently facing a persistent scarcity of dollars, which has resulted in a record net foreign exchange loss of N452 billion for major consumer goods companies, according to a detailed analysis by Premium Times Nigeria. The currency exchange policy...
    • siteadmin
    • Article
    • 1 min read
    • naira against dollar nairametrics nigeria fx
    • Category: Business
  3. Nigeria's Central Bank Lifts Forex Ban on 43 Items

    Nigeria Nigeria's Central Bank Lifts Forex Ban on 43 Items

    Image by PublicDomainPictures from Pixabay In a significant move, the Central Bank of Nigeria (CBN) has lifted the eight-year ban on 43 items that were previously restricted from accessing foreign exchange, according to Business Insider Africa. This decision comes as a response to the...
    • siteadmin
    • Article
    • 1 min read
    • central bank of nigeria forex restrictions nairametrics
    • Category: Business
  4. Nigeria's Subsidy Removal Leads to 28% Drop in OPEC's Petrol Exports to West Africa

    Africa Nigeria's Subsidy Removal Leads to 28% Drop in OPEC's Petrol Exports to West Africa

    Image by 12019 from Pixabay The West African fuel market is experiencing significant effects from removing petrol subsidies in Nigeria. The Organization of Petroleum Exporting Countries (OPEC) recently reported that Nigeria's decision to stop funding the subsidy has led to a 28% drop in fuel...
    • siteadmin
    • Article
    • 1 min read
    • nairametrics nigeria petrol subsidy opec fuel exports west africa oil market
    • Category: Business
  5. Nairametrics: OPay Faces Backlash as Nigerians Discover Unauthorised Accounts

    Nigeria Nairametrics: OPay Faces Backlash as Nigerians Discover Unauthorised Accounts

    Image by Gerd Altmann from Pixabay Fintech company OPay has become involved in a controversial situation that has surprised many Nigerians. Nairametrics reported that many Nigerians have discovered they have OPay accounts despite having yet to open one. This discovery has sparked questions and...
    • siteadmin
    • Article
    • 1 min read
    • data protection in nigeria naira nairaland nairametrics nigerian fintech opay
    • Category: Business
  6. Nigeria News

    Business BREAKING: Exchange rate crashes to N983/$1 as forex traders say there is no dollar to sell- Nairametrics

    https://nairametrics.com/2023/09/20/breaking-exchange-rate-crashes-to-n983-1-as-forex-traders-say-there-is-no-dollar-to-sell/
  7. Nigeria News

    Business FG dissolves Advertising Standard Panel over ‘all eyes on the judiciary’ billboards - Nairametrics

    https://nairametrics.com/2023/08/15/fg-dissolves-advertising-standard-panel-over-all-eyes-on-the-judiciary-billboards/
  8. Nigeria News

    Business BREAKING: CBN warns new FX Policy ‘coming soon’ will lead to losses for speculators - Nairametrics

    https://nairametrics.com/2023/08/14/breaking-cbn-warns-new-fx-policy-coming-soon-will-lead-to-losses-for-speculators/
  9. Nigeria News

    Business Exchange rate plummets to N910/$1 - Nairametrics

    https://nairametrics.com/2023/08/09/exchange-rate-plummets-to-n910-1-disparity-widens-to-n153-1/
  10. Nigeria News

    Business Black Market exchange rate falls to N900/$1 for inflows - Nairametrics

    https://nairametrics.com/2023/08/08/black-market-exchange-rate-falls-to-n900-1-for-inflows-p2p-market/
  11. Nigeria News

    Business Opay CEO, Olu Akanmu, Resigns - Nairametrics

    https://nairametrics.com/2023/07/31/just-in-opay-nigerias-ceo-olu-akanmu-resigns-amid-companys-5th-anniversary-celebration/
  12. Nigeria News

    Business CBN increases interest rate to 18.75% in first MPC session since Emefiele’s suspension - Nairametrics

    https://nairametrics.com/2023/07/25/cbn-increases-interest-rate-to-18-75-in-first-mpc-session-under-president-tinubu/
  13. Nigeria News

    Business BREAKING: Unilever Nigeria Plc reports 72.95% decline in pre-tax profit as economy bites - Nairametrics

    https://nairametrics.com/2023/07/24/breaking-unilever-nigeria-plc-reports-72-95-decline-in-pre-tax-profit-as-economy-bites/
  14. Nigeria News

    Metro FG increases Unity schools’ fees by 122% - Nairametrics

    https://nairametrics.com/2023/07/21/fg-increases-unity-schools-fees-by-122/
  15. Nigeria News

    Metro Operating all Nigerian refineries at full scale will not reduce fuel pump prices - Tonye Cole - Nairametrics

    https://nairametrics.com/2023/07/20/operating-all-nigerian-refineries-at-full-scale-will-not-reduce-fuel-pump-prices-tonye-cole/
    • Nigeria News
    • Thread
    • former group executive director of sahara group nairametrics nigeria news tonye cole
    • Replies: 0
    • Forum: Metro News Links
  16. Nigeria News

    Business BREAKING: Exchange rate post biggest ever gain, closing at N742/$1 on I&E Window - Nairametrics

    https://nairametrics.com/2023/07/19/exchange-rate-post-biggest-ever-gain-closing-at-n742-1-on-ie-window/
  17. Nigeria News

    Business BREAKING: Exchange rate quotes spike to N860/$1 on black market - Nairametrics

    https://nairametrics.com/2023/07/19/exchange-rate-quotes-spike-to-n860-1-on-black-market/
  18. Nigeria News

    Business BREAKING: Intl. Airlines to adjust exchange rates for tickets to N803/$1 from 18th July - Nairametrics

    https://nairametrics.com/2023/07/17/breaking-intl-airlines-to-adjust-exchange-rates-for-tickets-to-n803-1-from-18th-july/
  19. Nigeria News

    Business Air Ticket Prices Rise By 34.06% – NBS - Nairametrics

    https://nairametrics.com/2023/07/05/air-ticket-prices-rise-by-34-06-in-one-year-for-nigerians-nbs/
  20. Nigeria News

    Business Zenith Bank remains Nigeria’s top bank for 14 years in the 2023 top 1000 World Banks ranking - Nairametrics

    https://nairametrics.com/2023/07/03/zenith-bank-remains-nigerias-top-bank-for-14-years-in-the-2023-top-1000-world-banks-ranking/

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