MTN Nigeria Communications Plc and Airtel Nigeria collectively generated about N3.67tn from their data and voice services in the first half of 2024, an analysis of their financial results …
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FG sets rules for varsity grants exemption from TSA
The Accountant-General of the Federation, Dr Oluwatoyin Madein, has issued new guidelines for excluding third-party research grant funds of Federal Universities and Research Institutions from the Treasury Single Account. …
Read More »NGX: Daar Communication, Livestock drag down equities market as investors lose N5bn
The Nigerian equities market continued its bearish sentiment on Thursday as investors lost N5 billion at the close of the day’s trading. This followed the dip in the share prices …
Read More »PETROAN identifies likely cause of latest fuel price hike
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has identified “difficulty in landing products” as the possible reason for the recent hike in the price of Premium Motor …
Read More »FUEL SCARCITY: NNPCL’s alleged ₦15bn debt to IPMAN sparks economic fears
The ongoing fuel scarcity in Nigeria has taken a dire turn, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) revealing that the Nigerian National Petroleum Company Ltd. (NNPCL) owes …
Read More »Court strikes out manufacturers’ suit against electricity tariff hike
A Federal High Court in Lagos, on Thursday, dismissed a lawsuit filed by the Manufacturers Association of Nigeria (MAN) challenging the implementation of the Band A electricity tariff review by …
Read More »Govt disowns petrol price hike, blames NNPCL, global market forces
The Federal Government, on Wednesday, distanced itself from the recent hike in petrol prices, which has sparked widespread outrage across Nigeria. Minister of Information and National Orientation, Mohammed Idris, in …
Read More »FIRS simplifies tax processes with *829# USSD code, customer guide
The Federal Inland Revenue Service (FIRS) has taken a significant step towards revolutionizing tax administration in Nigeria with the launch of an unstructured supplementary service data (USSD) code, 829#. This …
Read More »Arla Foods unveil two new products
Arla Foods has launched two new products, Dano Cool Cow and Dano Full Cream Evaporated Milk, to strengthen its position in the Nigerian dairy market. In a statement, Arla …
Read More »220 acreages ready for oil exploration, FG tells investors
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission has announced the availability of 220 open acreages that are ready for exploration and investment opportunities. In the oil …
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