MTN beats expectations with higher dividend after profit rebound
MTN Group declared a dividend well above analyst expectations on Monday as Africa’s largest mobile operator returned to profit, buoyed by an…
Business
AfDB approves $5.52m grant to boost W’African tax systems
The African Development Bank Group has approved a $5.52 million grant to strengthen tax administration and boost domestic revenue mobilization in Nigeria…
Rising energy prices threaten survival of Nigeria’s SMEs, CPPE warns
The Centre for the Promotion of Private Enterprise has cautioned that the recent rise in energy prices could jeopardize the survival of…
NIA DG urges industry to embrace evolving regulatory standards
The Director-General of the Nigerian Insurers Association, Bola has said that the increasing complexity of regulatory requirements aims to bring the Nigerian…
NLC calls for urgent relief as fuel prices soar
The Nigeria Labour Congress has described the recent surge in petrol prices, triggered by the ongoing conflict in the Middle East, as…
Develop assets or lose exploration licences, NUPRC warn oil firms
The Nigerian Upstream Petroleum Regulatory Commission has declared an end to the practice of oil companies holding exploration licences for years without…
Nigeria air cargo operators divided as Middle East conflict disrupts logistics
The ongoing Middle East conflict involving the United States, Israel, and Iran has sparked mixed reactions among Nigerian air freight operators, with…
CBN signals possible capital raise for banks after stress tests
The Central Bank of Nigeria has indicated that Nigerian banks may need to raise additional capital depending on the outcome of a…
Wema Bank appoints Engr. Wilson Agu as independent non-executive director
Wema Bank Plc has appointed Engr. Wilson Chiedu Agu as an Independent Non-Executive Director to its board. The appointment, announced on the…
FCCPC warns businesses not to exploit rising fuel prices globally
The Federal Competition and Consumer Protection Commission has said it is closely monitoring the rising cost of fuel in Nigeria amid the…
US probes 60 countries over forced labour, unfair trade practices
The United States Trade Representative’s office announced Thursday that it has launched Section 301 investigations into unfair trade practices by 60 countries,…
Banks deposit nearly N7tn at CBN amid persistent liquidity surplus
Nigeria’s deposit money banks held nearly N7 trillion in excess liquidity at the Central Bank of Nigeria’s Standing Deposit Facility as of…