MTN Nigeria Communications Plc commercially launched the fifth-generation technology, commonly called 5G, in Nigeria on Sunday. This is following a pilot launch of 5G by MTN in August, keeping with the Nigerian Communications Commission rollout guideline. In August, the firm announced a pilot launch of 5G and its plan to roll out services in Lagos, Abuja, Port […]
The equity market on Friday closed on a bearish note as the All Share Index depreciated by 0.13% to settle at 49,475.42 points from the previous close of 49,540.48 points. The Market Capitalisation declined by 0.13% to close at N26.686 trillion from the previous close of N26.721 trillion, thereby shedding N35 billion. An aggregate of 107.5 million[…]
The World Bank Group has warned the Central Bank of Nigeria (CBN), and other central banks across the world on the possibility of global economic recession, following simultaneous hike of interest rates. In a report tilted: Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes, World Bank Group President David Malpass, said that central banks’[…]