Business
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Minister Bosun Tijani Justifies Telecom Tariff Hike to Prevent Industry Shutdowns
The Minister of Communications, Innovation, and Digital Economy Bosun Tijani, has defended the federal government’s decision to approve a 50…
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MTN Nigeria Reports N400.44bn Loss in 2024 Due to Naira Depreciation and Forex Losses
MTN Nigeria has reported a significant loss after tax of N400.44 billion for the year ended December 31, 2024, marking…
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FCCPC Directs MultiChoice to Maintain Current Subscription Prices Amid Investigation
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice Nigeria, the operator of DStv and GOtv, to maintain…
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MTN cuts core infrastructure spending as capex soars to N1.53tn
MTN Nigeria reduced its spending on core infrastructure projects in 2024, despite a significant rise in its capital expenditure (Capex),…
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NCAA shuts Ibadan airport for six months
The Nigeria Civil Aviation Authority (NCAA) has announced that the Ibadan airport will be closed for six months to facilitate…
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Nigeria Partners with Saudi Arabia to Tap into $7.7 Trillion Global Halal Market
The Federal Government of Nigeria has signed a groundbreaking deal with Saudi Arabia’s Halal Products Development Company (HPDC) to position…
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President Tinubu Expresses Openness to Learning from Global Best Practices in Telecom Sector
President Bola Tinubu has expressed his administration’s commitment to learning from global best practices, particularly in the telecom sector, highlighting…
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FG’s Debt to Power Sector Hits N4 Trillion – Minister Reveals
The Minister of Power, Adebayo Adelabu, has revealed that the Federal Government owes electricity generation companies (GenCos) and distribution companies…
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NPA’s Export Process Terminals and NXP Policy Stir Controversy Among Exporters
The Nigerian Ports Authority (NPA), through its Managing Director Abubakar Dantsoho, has defended the establishment of Export Process Terminals (EPTs),…
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Nigeria’s Oil Output Soars 70%, Rig Count Set to Reach 50 by 2025 – NUPRC
Nigeria’s oil sector is on an upward trajectory, with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) forecasting that the country’s…
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