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NewsDirect

NITDA pledges support to NGOs

By Ibiyemi Mathew The National Information Technology Development Agency (NITDA) has pledged support and collaboration to Non-Governmental Organisations(NGOs) working within the scope of the Agency’s Strategic Roadmap and Action Plan (SRAP 2021-2024), and that includes Aid for Rural Education and Access…

MTN Nigeria announces new CIO, CMO

By Ibiyemi Mathew MTN Nigeria has appointed two persons to its executive team. The telecommunication giant appointed Shoyinka Shodunke and Adia Sowho as new executives for the Nigerian outlet. Announcing the new appointees, Karl Toriola MTN Nigeria CEO, commenting in…

MTN Nigeria revenue rises by 48.2%

By Ibiyemi Mathew MTN Nigeria Communications Plc (MTN Nigeria) has announced its unaudited results for the half-year ended 30 June 2021, as well as plans to celebrate its 20th anniversary with numerous national impact projects with Fintech revenue rising by…

Banks sell Dollar at N412 to retail customers

Deposit Money Banks (DMBs) on Monday commenced sales of dollar at N412 to retail customers that meet required documentations. This is in compliance with the new Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN), commercial banks have…

Fixed income market sees decline in yields

Average yields across fixed income instruments contrast as financial system liquidity improves. Thus, in the money market space, pressure on interbank rates eased following robust system liquidity. The overnight lending rate contracted by 200 basis points to 5.8per cent, in…