Wale Edun: Weak Frameworks, Multiple Taxation Hinder Telecom Sector Growth
Finance Minister Wale Edun identifies weak regulatory frameworks and multiple taxes as major obstacles to Nigeria’s telecom sector’s growth.
Finance Minister Wale Edun identifies weak regulatory frameworks and multiple taxes as major obstacles to Nigeria’s telecom sector’s growth.
NCDMB and NEXIM Bank exceed $30 million fund cap, disbursing $42 million to empower local oil sector SMEs.
WTO has raised 2025 goods trade growth forecast to 2.4% from 0.9%, citing AI-driven demand among developing nations.
NNPC and partners unveil Nigeria’s first wholly-owned 2.2 million-barrel FSO vessel, marking a major milestone in crude export infrastructure.
NERC reports ₦158bn ATC&C losses by electricity Discos in Q2 2025, with only Eko Disco meeting targets.
NEXIM Bank says it will expand affordable financing for SMEs, addressing high interest rates and boosting export competitiveness.
Citibank Nigeria says meeting CBN’s recapitalisation target strengthens its capacity to support infrastructure, energy, and trade financing.
Nigeria’s upstream regulator says 25 new gas field plans approved since PIA enactment have attracted $4.9 billion investments.
NITDA DG, Kashifu Inuwa Abdullahi says AI data centres are power-hungry, urging innovation in energy and digital infrastructure.
Tinubu inaugurates Nigeria’s first indigenous $400m crude export terminal, boosting production, indigenous capacity, and energy infrastructure in Rivers State.
NCC says broadband access drives economic inclusion and youth opportunities, as Tinubu signs order safeguarding telecom infrastructure.
BPE says it is building investor confidence and institutional reforms to help achieve President Tinubu’s $1 trillion GDP goal.
Meta agrees to pay $32.8m to Nigeria’s Data Protection Commission for violating user privacy and data transfer rules.
Foreign and domestic investors staked over N4 trillion in the CBN’s OMO auction, reflecting strong faith in Nigeria’s monetary tightening measures.
Governor Dapo Abiodun has flagged off Ogun State’s first commercial flight, marking a milestone for Gateway International Airport, Iperu.
CBN has introduced updated rules for agent banking, including transaction caps and geo-fencing, to enhance service delivery
Tinubu is seeking lawmakers’ approval to raise $2.8bn and refinance Eurobonds, as NNPC responds to Senate audit queries.
Prominent Nigerians have called for restraint as Dangote Refinery and PENGASSAN clash over workers’ rights and union activities
John Alamu urges Nigeria to prioritise cocoa processing over raw exports, warning the nation loses billions in untapped value.
FCCPC cautions Kano traders against adulterating food with toxic additives like bromate, sniper, and formalin.
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