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MTN Launches First 5G Technology In Africa

MTN Group, formerly M-Cell - a South Africa-based multinational mobile telecommunications company has moved to boost the internet speed in Africa. MTN says it has achieved download speeds of more than 20 gigabits per second in its first…

e-Fraud: CBN, NCC To Tighten SIM Swap Process

In furtherance to tightening the security features of electronic banking in Nigeria, particularly through the use of USSD codes on mobile phones, the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) is set to…

Naira loses strength in parallel market

The Naira depreciated yesterday to N365 per dollar in the parallel market. This is due to increase in dollar demand. The parallel market exchange rate rose from N363 per dollar on Wednesday to N365 per dollar yesterday. The naira however…

55% of Nigeria’s VAT comes from Lagos – Adeosun

The Minister of Finance, Kemi Adeosun, yesterday said, 55 percent of Nigeria’s Value added tax (VAT), comes from Lagos State. Adeosun made this known while speaking at a parley between the Federal Government and Progressive Governors forum…