Business

MTN credits subscribers with airtime over January network disruptions

MTN Nigeria has begun compensating customers affected by poor network service in January 2026, with subscribers reporting receipt of airtime…

3 weeks ago

FG, FirstBank unveil low-interest mortgage scheme to boost home ownership

FirstBank has partnered with the Ministry of Finance Incorporated (MOFI) to introduce a new mortgage product aimed at improving access…

3 weeks ago

EFCC detains Ex-Skye Bank Chairman Tunde Ayeni over N36.5bn, $30m fraud

The Economic and Financial Crimes Commission (EFCC) has arrested the former chairman of the now-defunct Skye Bank Plc, Tunde Ayeni,…

3 weeks ago

Nigeria nears new revenue-sharing formula as RMAFC begins data verification

Nigeria is edging closer to adopting a new revenue allocation formula, as the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC)…

3 weeks ago

FG raised N2.69trn from bond market in Q1 2026 amid strong investor demand

The Federal Government raised N2.69 trillion from the domestic bond market in the first quarter of 2026, driven by robust…

3 weeks ago

Dangote targets East Africa for new 650,000bpd refinery expansion

Africa’s richest industrialist, Aliko Dangote, has unveiled plans to build a 650,000 barrels-per-day refinery in East Africa, marking a major…

3 weeks ago

Dangote Refinery exports 1.1bn litres of jet fuel to Europe, covers 95% of Nigeria’s supply — AON

The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of Nigeria's…

3 weeks ago

Unilever Nigeria’s revenue rises to N59.2bn, profit hits N11.5bn in three months

Unilever Nigeria Plc has reported a strong start to 2026, with its unaudited results for the first quarter ended March…

3 weeks ago

Stock market capitalisation hits N141trn as investors gain N861bn

The Nigerian stock market sustained a positive trend on Wednesday, April 22, 2026, recording a gain of N861 billion. Market…

3 weeks ago

Nigeria handles only 25% of West Africa’s cargo traffic — NPA

The Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, has expressed concern that Nigeria currently handles just 25…

3 weeks ago

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