16

Nov

Stanbic IBTC Bank rewards customers in Reward4Saving promo

Stanbic IBTC Bank has rewarded more winners of the second season of the Reward4Saving promo with cash prizes in the October live draw. The Reward4Saving promo was introduced in 2021 to encourage customers to adopt the habit of saving for rainy days. Customers who save at least N10,000 in their savings account or @ease wallet for at […]

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16

Nov

Airtel to acquire 5G spectrum for $273.6m

Airtel has requested that the Nigerian Communications Commission(NCC) should administratively assign it one of the remaining 3.5GHz spectrum lots at the reserve price of $273.6 million. The request was made on Tuesday during a stakeholder event in Lagos to review comments made to the NCC’s recently released Information Memorandum regarding the planned auction of two 3.5GHz spectrums for 5G deployment. The telecom[…]

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16

Nov

Nigeria’s inflation rate rises to 21.09%

Report published by the National Bureau of Statistics has revealed that Nigeria’s inflation rate rose from 20.77% in September 2022 to 21.09% in October 2022 According to NBS, food Inflation was 23.72% in October 2022, from 23.34% in September 2022. “On a month-on-month basis, the headline inflation rate for October 2022 was 1.24 percent, this was 0.11[…]

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