FG threatens actions against MTN, Airtel, others over poor services
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has warned that “appropriate regulatory action” will be taken against MTN…
Business
Microsoft data centre project in East Africa delayed over payment dispute
A planned Microsoft data centre project in East Africa has been delayed following disagreements with the Kenyan government over the company’s demand…
MAN urges FG to guarantee steady crude supply for refineries
The Manufacturers Association of Nigeria has urged the Federal Government to guarantee steady crude oil supply to refineries and petrochemical facilities, and…
Crude supply to local refineries hits 58.8m barrels
Oil producers in Nigeria supplied approximately 58.8 million barrels of crude oil to domestic refineries in the second quarter of 2026, surpassing…
17 Americans, others evacuated from cruise ship after Hantavirus outbreak
Seventeen Americans are among 150 passengers being evacuated from the M/V Hondius cruise ship following an outbreak of a strain of Hantavirus,…
Lagos grants 14 licences to boost power supply
The Lagos State Government has granted 14 electricity licences and permits spanning off-grid and embedded generation, independent distribution, metering services, and interconnected…
AfDB approves $61m facility to support women-led MSMEs in Nigeria
The African Development Bank Group has approved a $61 million financing package for the Development Bank of Nigeria to boost access to…
Toyota warns of £3bn loss as Iran war pushes up costs
Toyota has disclosed a £3bn blow linked to the war in Iran, as rising parts and raw material prices combined with falling…
Dangote Cement plans 10% share sale in London listing
Africa’s richest man, Aliko Dangote, is planning to list Dangote Cement Plc on the London Stock Exchange this year in a move…
C&I Leasing posts ₦532.84m pre-tax profit in Q1 2026
C&I Leasing Plc reported a pretax profit of N532.84 million in its Q1 2026 unaudited financial statements filed on the Nigerian Exchange.…
Eterna Q1 profit doubles as revenue hits ₦70.5bn
Eterna Plc has recorded a stronger Q1 2026 performance, with pretax profit rising to N1.6 billion from N1.4 billion in the corresponding…
DAAR Communications rejects claims of altered shareholding structure
DAAR Communications Plc has stated that its board has not approved or implemented any changes to the company’s shareholding structure through any…