MTN plans to launch a new streaming platform for mobile and fixed broadband users across the continent, a development that will challenge current market players like Netflix and Amazon Prime Video. MTN will achieve this through a partnership with global video software leader, Synamedia. The collaboration will leverage Synamedia’s cloud-based technology to deliver a mix […]

Mounting fears of a global recession, driven by aggressive tariff policies in the United States, and a wave of economic uncertainty are sending shockwaves through stock markets worldwide, with the Nigerian Exchange Limited (NGX) not exempted. But Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, insists that the recent 14 per cent […]

The central parity rate of the Chinese currency Renminbi, or the Yuan, strengthened 45 pips to 7.1696 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before […]

The Federal Government is charting new ways to improve sanitary and phytosanitary (SPS) compliance to boost non-oil exports. Focusing on sesame and cowpea produce, both critical pillars of the economy, the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, said both produce contribute significantly to Nigeria’s foreign exchange earnings, and provide livelihoods for thousands of […]

The Secretary-General of the  Organization of the Petroleum Exporting Countries, Mr Haitham Al-Ghais has tasked Africa to unlock its proven oil y of over 120 billion barrels. Al-Ghais, made this known while delivering a keynote address titled “Driving Cross-Continental Investments: Scaling Africa’s Energy Frontier”, at the ongoing Nigeria International Energy Summit 2025 in Abuja, Nigeria […]