Naira Shows Resilience Against African Currency Slump -World Bank

The World Bank declared on Thursday, 8 October 2026, that the Nigerian naira weathered regional foreign exchange turmoil far better than several continental peers during the second quarter, limiting its maximum depreciation to just 2.6 per cent while punishing sell-offs battered currencies across the African continent. Currency markets across twenty-two sub-Saharan nations outside the CFA…

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Nigeria Targets N1.6tn Revenue Boost via Telecom Policy Overhaul

Nigeria Targets N1.6tn Revenue Boost via Telecom Policy Overhaul

The Federal Government expects a thorough revision of the National Telecommunications Policy to bring in N1.6 trillion in tax revenue and create two million new jobs by 2028. The Nigerian Communications Commission unveiled the targets during an industry stakeholder workshop in Lagos. Executive Vice Chairman of the commission, Dr Aminu Maida, noted that deeper sectoral…

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