MTN South Africa Sees Surge in Data Usage, But Revenue Growth Lags Behind
MTN, one of South Africa's largest mobile network operators, has released its financial results for the first half of 2024. The results show a...
Federal Government To Begin Crude Oil Sales To Dangote Refinery On October 1, 2024
The Federal Government has made a major announcement concerning crude oil sales, confirming that transactions with Dangote Refinery and other local refineries will kick...
Tinubu Approves NNPC’s Final Dividends For 2023 To Offset Rising Petrol Subsidy Costs
President Bola Tinubu has given the green light to the Nigerian National Petroleum Company (NNPC) Ltd. to use its final dividends for 2023 to...
APC Urges Action To Strengthen Naira After $1 Billion Loss By BUA Group Chairman
Nze Chidi Duru, who holds a key position as the Deputy National Organising Secretary for the All Progressives Congress (APC), has called on the...
FG to Begin Naira Payments for Crude Oil Sales to Dangote Refinery October 1
The Federal Government has announced plans to begin accepting Naira payments for crude oil sales to the Dangote Refinery and others, starting October 1,...
Unfair Practices in Nigerian Supermarkets: A Growing Concern
Supermarkets and grocery stores across Nigeria are employing questionable tactics to stay afloat amid a struggling economy, often at the expense of both customers...
Ecobank Leads with 195% Increase as Nigerian Banks See Significant Growth
Six Nigerian banks have reported impressive financial results for the first half of 2024, generating a combined profit before tax of N979.19 billion. This...
NNPC Declares Record N3.3 Trillion Profit For 2023
The Nigerian National Petroleum Corporation (NNPC) Limited has unveiled its 2023 Audited Financial Statement (AFS), reporting a net profit of N3.297 trillion for the...
MTN Reports First Loss In Eight Years Due To Nigerian Naira Devaluation
MTN, Africa’s largest wireless carrier by revenue, has reported its first financial loss since 2016. The company posted a loss of R7.39 billion for...
Nigeria Approves MTN, Others For Electricity Generation
The Nigerian Electricity Regulatory Commission (NERC) has issued permits to several companies, including MTN Communications Nigeria Limited and Golden Penny Power Limited, allowing them...