Peter Oluka

The development of Nigeria’s telecommunications industry faced major regulatory and infrastructure hurdles before the GSM revolution of 2001.

Nigeria’s telecommunications industry contributed about ₦5.2 trillion ($3.8 billion) to the country’s real gross domestic product (GDP) in the second quarter of 2026.

The GSM revolution has become a major driver of Nigeria’s economic development, supporting banking, commerce, education, healthcare and digital payments.

Nigeria has begun the rollout of its first peoplemeter-based Television Audience Measurement, TAM system, starting with Lagos

Nigeria’s private-sector economy expanded at its fastest pace in months in August, supported by a sharp increase in new orders and improved availability of materials, according to the latest Stanbic IBTC Purchasing Managers’ Index (PMI).

Nigeria’s state-owned oil company, NNPC Ltd, remitted ₦7.913 trillion ($5.2 billion) to the Federation Account between January and July 2026, underscoring the continued importance of the petroleum sector to government finances.

The headlines in the media suggested a familiar cybercrime story: insiders hacked a bank's server, stole $25,000 and potentially exposed customer funds and data

Uber’s decision to discontinue its ride-hailing operations in Nigeria and Uganda on September 2, 2026 is the latest in a series of market withdrawals that have reshaped the company’s international footprint.

SEC has proposed a new regulatory framework for online foreign exchange and Contracts for Difference trading that could require technology and trading platform providers to maintain up to ₦5 billion ($3.6 million) in paid-up capital.

NASENI is today, Friday 4th September 2026, marking three years of institutional transformation under Mr. Khalil Suleiman Halilu, the executive vice chairman/CEO.