Teleoms and digital communications company, MTN Nigeria has reduced its outstanding Letters of Credit (LC) obligation by 41.58% in the first quarter of 2024 in a...
Transnational Corporation Plc, Nigeria’s leading, listed conglomerate with investment in the Power, Hospitality, and Energy sectors, has announced impressive Q1 financial results for the period ended March 31, 2024....
The FCMB Group has reported a profit before tax of N104.4 billion for the full-year ended December 31, 2023, a 186% year-on-year (YoY) increase compared to...
The financial performance of MTN Nigeria defied positive metrics of commercial momentum seen in its operation in the first quarter of 2024. Instead of posting profit,...
Telecoms operators in Nigeria have cried out over various bottlenecks confronting the $75.6 billion worth industry, tasking the federal government to come to their aid. A...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of $7 billion have now been settled, fulfilling a key pledge of...
Despite various moves by the Nigerian authorities to undermine crypto transactions and interest among Nigerians, latest raking puts the country among top 15 countries with highest...
Surpass N19 trillion Target for 2024 Total assets under management of the regulated pension industry in Nigeria has increased by 6% or N1.175 trillion to N19.531...
The Nigerian Communications Commission (NCC) has disclosed that undersea cable cuts that affected voice and data services in the country have now been restored to approximately...
Latest Speedtest Global Index published by U.S-based internet speed analysis firm, Ookla, has revealed the top 10 countries where internet is the fastest as at January...
Various policies and regulations put in place to boost internet experience in Nigeria have not taken the country very far when compared with some 92 other...
The International Monetary Fund (IMF) has encouraged Nigerian Government to make food security its immediate policy priority. This is coming amidst deafening cries of hunger among...
Despite various economic headwinds confronting Nigerians, customers of MTN in the country committed over a trillion naira to data subscription on the network of the mobile...
MTN Nigeria Plc has announced a staggering loss before tax of N177.8 billion, a sharp contrast to the pre-tax profit of N518.8 billion recorded the previous...
Airtel Africa has commenced a share buy-back programme to recover shares up to $100 million from its shareholders at both Nigeria and London stock exchanges. This...
The Nigerian Communications Commission (NCC) has made case for the promotion of indigenous content value chain in the country to drive economic recovery and growth. Executive...