Category : Search result: Internet Exchange Point of Nigeria


FMDQ Market Activity Slows, Turnover Drops 24%

Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.

Lady's 2025 Wedding Prayer Fails as Date Passes

A Nigerian woman, Priscilla, wrote a prayer point to get married by December 27, 2025. The target date for her introduction has passed, sparking mixed reactions online. Read her story and netizens' comments.

Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts

Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.

CBN Intervention Boosts Naira, Dollar Rate Improves

The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.

ipNX Clinches Two Awards at Nigeria Technology Awards

ipNX Nigeria wins 'Fastest' and 'Most Exceptional' Fibre Internet Provider at NiTA 2025. The company restates commitment to innovative connectivity solutions and transforming Nigeria's digital landscape.

AFRIMA, UK Partner to Boost African Music Exchange

Ahead of the 9th All Africa Music Awards in Lagos, AFRIMA and the British High Commission sign a Cultural Cooperation Agreement to strengthen creative ties and open global doors for African music.

Owens Refuses to Back Down on Kirk Death Theory

Candace Owens doubles down on her unproven claims about Israel's involvement in Charlie Kirk's murder, despite a lengthy meeting with his widow, Erika Kirk. Read the full story on the deepening rift among conservative influencers.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

ISPs Seek Policy Help for Underserved Areas

Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

Major Sites Hit by Cloudflare Outage on December 5

A Cloudflare network disruption caused brief outages for Truth Social, Canva, and other major platforms on Friday. Service was restored after the company addressed the issue. Read the full report.

Zamfara's N861bn 2026 Budget Targets Growth

Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.

Nigeria Records Highest Cyberattacks in Africa

A new report reveals Nigerian firms face 4,200 cyberattacks weekly, the highest rate in Africa. AI-driven phishing and ransomware are key threats. Learn how businesses can defend themselves.

FG Sets 2026 Budget Exchange Rate at N1,512/$1

The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.

Nigeria Records 4,200 Weekly Cyber Attacks

A new report reveals Nigerian organisations face 4,200 cyber attacks weekly, driven by AI-powered threats and identity theft. Learn the risks and essential prevention strategies.

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