Telecom Firms Spend N2.5tn on Network Upgrades

NCC Launches New Platform to Curb SIM Fraud

The era of easy identity theft via mobile numbers is nearing its end. The Nigerian Communications Commission (NCC) has unveiled the Telecoms Identity Risk Management System (TIRMS), a platform designed to kill off SIM-related financial crimes. Aminu Maida, the Commission’s Executive Vice Chairman, announced the move on Thursday in Abuja. He argued that the mobile…

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Naira Strengthens to 1,353 Against The Dollar

Naira Holds Steady as Official Rate Hits N1,356

The Naira maintained a fragile stability against the US Dollar on Friday, March 27, 2026. At the Nigerian Foreign Exchange Market (NFEM), the currency traded within a narrow band of ₦1,350 to ₦1,370. Mid-market indicators placed the official rate at approximately ₦1,356, reflecting a period of uncharacteristic calm. This follows months of aggressive interventions by…

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NGX Feb Boom: Transactions Hit N1.54T

  Foreign portfolio investment flowing into Nigeria’s stock market surged by 39.4% in February 2026, rising to N66.71 billion from N47.86 billion recorded in the same period of 2025, according to data released by the Nigerian Exchange Limited. The NGX report, released on Wednesday, shows a broad uptick in market activity, with total transactions at…

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Not Done Yet”: Postecoglou Eyes Epic Comeback

  Ange Postecoglou has declared he is ready to return to football management, insisting his recent difficult experiences have only sharpened his hunger to succeed at the highest level. The 60-year-old Australian, who has been without a club since October after a brief and troubled stint at Nottingham Forest, spoke candidly to Australian sports radio…

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Africa Wins Historic UN Vote On Slavery

  Nigeria joined Ghana and 122 other member states of the United Nations General Assembly on Wednesday to adopt a landmark resolution declaring the transatlantic slave trade the gravest crime against humanity and calling for reparatory justice for people of African descent. The resolution, led by Ghana, was adopted with 123 votes in favour, while…

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