MTN Nigeria has recovered ₦32 billion from Nigerian banks as part of the ₦74 billion outstanding debt owed to the telecom operator for Unstructured Supplementary Service Data (USSD) service charges. H...
This reflects a 93.27% year-over-year increase compared to the N78.7 billion reported in the prior year, amid a significant surge in revenue. The group recorded a revenue increase of 71.83%, rising fr...
The revenue was shared at the February 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja. Bawa Mokwa, Director (Press and Public Relations) said in a statement that the N1.703 ...
Nigeria’s expected dividends from its natural gas company are expected to drop after a London court ordered the payment of $380m to Vitol and Glencore for a contract breach. Nigerian Liquefi...
The NGX All-Share Index (ASI) gained by 17.20 basis points or 0.02 per cent to close at 107,798.99 basis points. Accordingly, market capitalisation rose by N11 billion to close at N67.179 trillion. In...
Ebelechukwu Nwachukwu, head of the communication and stakeholders management sub-committee, spoke on Wednesday at the insurers’ committee meeting in Lagos. Nwachukwu said NAICOM believes the decision ...
This was disclosed on Wednesday by the management of the refinery. According to the refinery, the price adjustment was designed to provide essential relief to Nigerians in anticipation of the upcoming...
The federal government is set to secure $2.2 billion in new loans from the World Bank in 2025, spread across six key projects. The lender plans to approve $500 million for the “Community Action for Re...
Bashir Adeniyi, Comptroller General of the Nigeria Customs Service have raised concerns that the proposed Tax reform bills are in jurisdictional conflict with the NCS and will legislate the agency out...
This was disclosed in the latest Money and Credit Statistics report by the Central Bank of Nigeria (CBN). The data further revealed that net domestic credit in January 2024 stood at N99.99 trillion, w...