19

Sep

MTN Nigeria launches 5G network

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 […]

16

Sep

World Bank warns of imminent recession

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’[…]