MTN returns to profitability, invests N1trn in network capacity, pays N878.7bn tax in 2025
The MTN Nigeria Communications Plc has reported a profit after tax of N1.11 trillion for the full year ended 2025, representing a recovery from...
Nigeria scores zero out of 100 points in World Bank report
Nigeria scored zero out of 100 on supportive parenthood policies in the 2026 Women, Business and the Law report released by the World Bank...
FG to stop payments to contractors delaying projects, says works minister
The minister of works, Dave Umahi, has directed contractors holding Advance Payment Guarantees (APG) for years without executing projects to return to site or...
US ‘totally’ rejects global AI governance, says White House adviser
White House technology adviser Michael Kratsios said Friday that the United States “totally” rejects global governance of artificial intelligence.
Kratsios, head of the country’s delegation...
Green Energy, Lekoil clarify report on contract dispute
Green Energy, Lekoil clarify report on contract dispute
Green Energy International Limited and Lekoil Nigeria Limited, have made clarifications over what they called inaccurate media...
FG unveils new metering plant to tackle crude oil theft
The Federal Government has moved to tighten accountability in the crude oil sector with the inauguration of a Gravimetric Multifaceted Flow Metering Calibration Facility...
MTN acquires IHS Towers in $6.2bn deal, regains former towers
In a dramatic business twist, MTN has regained its old telecoms towers it initially sold to IHS Towers, as MTN Group, yesterday, reached an...
Healthy competition key to improved affordable e-hailing services -Operators
...Wheela goes live March 1
Operators of e-hailing services have advocated a healthy competition in the transport/e-hailing sector.
They said weekend in Abuja that such intervention...
Another Bird Strike Disrupts United Nigeria Airlines’ Flight
The United Nigeria Airlines on Sunday said it recorded another bird strike incident involving one of its Airbus A320 aircraft in Abuja.
Disclosing this in...
Banks being positioned for $1trn economy -CBN
The Central Bank of Nigeria (CBN) has said its ongoing bank recapitalisation and foreign exchange (FX) reforms are critical to achieving the Federal Government’s...
