November 7, 2024/FBNQuest Research Data from the Nigerian Communications Commission (NCC), showed that Nigeria’s broadband connections fell by -4% month-on-month (MoM) to 90.1 million in September 2024. The reduction in September marks the second consecutive month of decline. According to NCC, mobile broadband accounts for a substantial portion (over 99%) […]
OPINION/EDITORIAL
Voluntary Currency Disclosure Scheme
November 7, 2024/CSL Research On 31 October 2024, Mr. Wale Edun, the Honourable Minister of Finance and Coordinating Minister of the Economy, announced the launch of the Foreign Currency Voluntary Disclosure, Depositing, Repatriation, and Investment Scheme, also known as the Disclosure Scheme. This initiative is in line with Executive Order […]
Yet Another Grid Collapse
November 6, 2024/CSL Research Yesterday, Nigeria’s national power grid experienced its ninth collapse of the year, resulting in a nationwide blackout that affected all 22 operational generation companies (GenCos) according to news reports. This latest outage underscores persistent issues in Nigeria’s power sector, which continues to grapple with instability, inadequate […]
