Nairametrics

Nairametrics is a prominent financial resource organization located in Nigeria. It emphasizes financial education, supports investors, and provides valuable business insights. The website Nairametrics.com was established by Ugochukwu "ugodre" Obi-chukwu and is operated by Nairametrics Financial Advocates Ltd.

International

English

Online/Digital

Outlet metrics

Domain Authority

Ranking

Global

#35971

Nigeria

#179

Articles

Nigeria records 119,000 data breaches in Q1 2025, ranks 34th globally –Report

5 days ago | nairametrics.com | Samson Akintaro

Nigeria recorded over 119,000 leaked data breaches in the first quarter of 2025, according to the latest global data breach report from cybersecurity firm Surfshark. This places the country 34th worldwide in terms of the number of breached accounts. A data breach means that an intruder copied and leaked user data such as names, surnames, email addresses, passwords, etc. One breached email address is considered as one breached user/account.
MTN Group highlights over $10 billion investment in Nigeria, calls for deeper South Africa-Nigeria cooperation

5 days ago | nairametrics.com | Samson Akintaro

MTN Group has revealed that it has invested more than $10 billion in Nigeria’s digital infrastructure since launching operations in 2001, highlighting its long-term commitment to the country. According to a statement from the company, MTN Group Chairman Mcebisi Jonas stated this during a high-level visit by South Africa’s Minister of Trade, Industry, and Competition, Parks Tau, to its headquarters in Johannesburg.
Airtel Nigeria to double capital investment to over N500 billion in 2025

6 days ago | nairametrics.com | Samson Akintaro

Telecommunications company, Airtel Nigeria has announced plans to double its capital investment in the Nigerian market this year as it seeks to accelerate the deployment of 5G and expand its network coverage. Based on the financial results for the year ended March 2025, just released by its parent company, Airtel Africa, the Nigeria operation’s capital expenditure for the year was $168 million (about N259 billion using the N1,542/$ exchange rate reported by the company).
Only 13% of Nigerians have records with credit bureaus – CREDICORP CEO

6 days ago | nairametrics.com | Samson Akintaro

One year after the federal government established the Nigerian Consumer Credit Corporation (CREDICORP), the agency is already making waves in transforming how Nigerians access essential goods and services. In this exclusive interview with Nairametrics, CREDICORP CEO Uzoma Nwagba reveals how the institution, built from the ground up, has delivered consumer credit to over 40,000 Nigerians in just six months since receiving funding, and it’s only getting started.
Breaking: Pressure mounts as Naira depreciates to N1,625 lowest points in 2025

6 days ago | nairametrics.com | Olumide Adesina

The naira oscillated near its 2025 lows amid renewed appetite for the greenback, while the U.S. dollar index posted upside this weekUnofficial market data showed the Nigerian currency fluctuated at the N1625/30/$ band on Friday. It closed at N1608/$1 on the official market compared to N1612/$1 a day earlier signaling a major bearish period for the exchange rate.
Nigerians’ data consumption surge by 11.5% in March 2025 despite tariff increase

6 days ago | nairametrics.com | Sami Tunji

The recent 50% increase in tariffs by telecommunications operators did not deter Nigerians from using the internet, as data consumption across mobile networks increased by 11.5% in March 2025. This is according to the latest industry statistics released by the Nigerian Communications Commission (NCC). The data revealed that Nigerians consumed 995,876.10 terabytes of data in March, compared to 893,054.80 terabytes used in February.
MTN crosses 90 million mark as Nigeria’s mobile subscriptions hit 172 million in March 2025

6 days ago | nairametrics.com | Samson Akintaro

MTN Nigeria solidified its position in the Nigerian telecom market as it crossed 90 million active subscriptions mark in March 2025. This is according to the latest industry statistics released by the Nigerian Communications Commission (NCC), which shows that total active mobile subscriptions across the four mobile networks increased to 172.4 million in March.
CREDICORP to launch N6 billion YouthCred initiative for NYSC Corps members

1 week ago | nairametrics.com | Samson Akintaro

The Nigerian Consumer Credit Corporation (CREDICORP) is set to launch a bold new initiative, YouthCred, aimed squarely at young Nigerians undergoing their National Youth Service Corps (NYSC). The program, which is to be unveiled any moment from now, will commence with an initial funding pool of N6 billion, will offer affordable consumer credit to corps members, marking a major step forward in the federal government’s broader ambition to build a sustainable credit culture across the country.
PalmPay hits 15 million daily transactions in Q1 2025

1 week ago | nairametrics.com | Samson Akintaro

PalmPay, one of Nigeria’s leading fintech platforms, has announced a significant leap in its daily transaction volume, crossing the 15 million mark in Q1 2025, a sharp rise from the around 10 million daily transactions it recorded in 2024. The milestone was disclosed during a media roundtable held on Wednesday to review the company’s Q1 2025 performance. PalmPay also revealed that its user base now stands at 35 million, with each user making an average of 50 transactions per month.
Google rolls out AI Max globally, targets African businesses

1 week ago | nairametrics.com | Samson Akintaro

Google has launched a global beta rollout of AI Max for Search Campaigns, an AI-powered upgrade to its Search Ads platform that aims to give businesses a smarter edge in the digital marketplace. AI Max uses artificial intelligence to help businesses show up in more relevant search results, allowing them to connect more effectively with potential customers, even when those customers use unexpected or non-traditional search terms.