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MTN Nigeria’s Revenue Surges By 35.6% After Tariff Adjustments
MTN Nigeria’s service revenue surged by 35.6% in March following tariff adjustments implemented in February.
A report by its group office in South Africa on Monday, also said expectations for further growth in…
BREAKING: Judge orders Otudeko to appear in court for ‘N30bn fraud’ trial
Justice Chukwujekwu Aneke of the federal high court in Lagos has ordered Oba Otudeko to take a plea in the charges filed against him.…
Lekki-Epe corridor truck parks face setback as investors withdraw
Stakeholders on the Lekki-Epe port corridor have withdrawn from the various truck parks projects due to the Lagos State Government’s inability to implement investment policies.
Vanguard gathered that a lot of…
Petrol marketers deny opposing price reduction
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied allegations that it opposed the recent reduction in Premium Motor Spirit (petrol) prices by Dangote Refinery and the Nigerian National…
We ‘ve recovered over N2.1trn debts despite legal – AMCON
The Asset Management Corporation of Nigeria (AMCON) has revealed that it has recovered over N2.1trillion from debtors despite facing several challenges since its inception.
The corporation disclosed that it currently…
Despite CBN ban, Nigeria contributes $59b to crypto assets
Notwithstanding the ban on cryptocurrency trading by the Central Bank of Nigeria (CBN), between July 2023 and June 2024, Nigeria is said to have contributed an estimated $59 billion to the virtual currency.…
First Bank denies fraud allegations by customer, says transactions were ‘unauthorised’
First Bank has denied allegations of fraud in a lawsuit filed by a customer, Agbai Eke, against the bank.
In a statement on Saturday, the bank described the claims as “entirely unfounded and false,”attributing the…
Staple Food Prices Drop Significantly in Lagos, Kano, THISDAY Survey Shows
In a welcome development, signifying major relief for Nigerian households, the cost of staple foods has significantly dropped in major markets in Lagos and Kano States, according to a survey carried out by THISDAY.…
How Champion Breweries became Nigeria’s only profitable brewer
Champion Breweries, the only profitable brewer in Nigeria, is swimming against the tide of…
Shipping agencies ask FG to suspend 15% hike in port charges
The Shipping, Shipping Agencies, Clearing and Forwarding Employers Association (SSACFEA) has urged the federal government to suspend the implementation of the 15 percent tariff hike in port charges.
Boma Alabi, the…
SAA appoints new Group CEO
The South African Airways (SAA) Board has welcomed the appointment of Professor John Lamola as its Group Chief…
FG, foreign airlines begin talks over rising fares
The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel…
MTN Nigeria joins big firms relocating headquarters to Eko Atlantic
MTN Nigeria, the country’s largest mobile network operator, is building its new headquarters in Eko Atlantic, joining a growing list of large…
BREAKING: Renaissance completes SPDC acquisition deal
Renaissance Africa Energy Holdings says it has successfully completed the acquisition of Shell’s 100 percent equity holding in the Shell…
Trump’s Family In Talks For Stake In Crypto Firm Binance — Report
Representatives of President Donald Trump’s family have held discussions to acquire a financial stake in the US arm of cryptocurrency exchange…
Dangote Foundation Flags Off N16B 2025 National Food Intervention Programme
…It Reflects his Unwavering Commitment To lift The Poor -Kano Gov
…
Nigerian artists earn over ₦58bn from Spotify streaming in 2024 – Report
Nigerian music has reached an extraordinary financial milestone, with artists earning more than ₦58 billion in royalties from Spotify alone in 2024.
This figure, revealed in Spotify’s 2024 Loud & Clear report,…
Nigerian Eurobonds feel heat of global trade tensions
Nigeria's Eurobond market has felt the sting of rising geopolitical tensions and fluctuating oil prices, which have triggered an increase in yield.
The average yield on…
Foreign rice floods markets as costs squeeze local mills
...Imports from Thailand jump 60-fold in one year
...Over 50 small-scale millers shut down in 2024- RIMAN…
House Of Reps Proposes Major Changes To Tinubu’s Tax Reform Bills; Wants 7.5% Current VAT Rate To…
The House of Representatives has significantly altered President Bola Tinubu’s tax reform bills, significantly changing several key provisions…
Import bills on used vehicles fall 65% to N354.8bn
As economic hardship bites harder, importation of used vehicles has recorded a significant decline with diesel or semi-diesel engine, of cylinder capacity 2500cc dropping by 65.8 percent year-on-year (YoY) to…
Nigerians spend over 25% of minimum wage on one pot of stew
The average cost of making a pot of stew, a staple in Nigerian households has risen by 121.05 percent in one year. This means a minimum wage earner desiring a basic pot of stew must part with a quarter of his salary…
To Scale, Sustain, and Succeed, Join FCMB’s Business Transformation Masterclass
First City Monument Bank (FCMB) is excited to introduce the Business Empowerment and Sustainability Training (BEST) Masterclass. This…
Wale Tinubu hails Oando’s Trinidad refinery lease as Afro-Caribbean landmark
Oando Plc has stated that its subsidiary, Oando Trading, has been selected as the preferred bidder to lease the refinery assets of Guaracara Refining Company Limited, according to the Minister for Energy of…