Nigeria’s largest telecommunications provider, MTN has temporarily stopped its Xtratime service, which allows customers to borrow airtime and data. The move comes after new government rules on digital lending took effect. In an announcement to the Nigerian Exchange, MTN explained ...
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Local Airlines Threaten Nationwide Shutdown Over 300% Surge In Jet A1
Amid Middle-East Tensions that have made Aviation fuel also known as Jet-A1 experience over 300 per cent surge in price, domestic airlines under the umbrella of the Airlines Operators of Nigeria (AON) have issued a warning of a possible nationwide ...
Read More »Ecobank Reports $801m Profit Before Tax For 2025
Ecobank Transnational Incorporated (ETI) has reported a pre-tax profit of N801 million for the 2025 financial year, reflecting sustained revenue generation from its diversified operations across sub-Saharan Africa. The Group in its 2025 audited results for the year ended December ...
Read More »‘Elumelu Effect’ Drives Seplat to N10,000 Per Share Milestone—Heirs Energies
Seplat Energy Plc’s milestone of trading above N10,000 per share, has been directly linked to the strategic investment by Tony Elumelu’s Heirs Energies. Seplat Energy become the first company in the 65-year history of the Nigerian Exchange (NGX) to cross ...
Read More »Value Addition, Not Import-driven Solutions Will Sustain Nigeria’s Economy— Economist
The Centre for the Promotion of Private Enterprise (CPPE), has advised that the federal government should strengthen its fiscal reforms and boldly encourage local production to sustain economic growth and development. The Center argued that no economy will thrive on ...
Read More »Nigeria, China Bilateral Trade Volume Surpasses $28bn
The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference, and shared development aspirations. Indications to this development emerged when the Chinese Ambassador to Nigeria, Yu Dunhai paid ...
Read More »Transcorp Hotels, Sora Restaurant Sign Leasing Deal For Hilton
Transcorp Hotels Plc has signed a leasing agreement with SORA Restaurant, adding the upscale dining lounge to its Transcorp Hilton Abuja cuisine offerings. The deal brings SORA’s dining concept to Abuja’s hospitality market. According to Transcorp Hotels, SORA Restaurant, known ...
Read More »Dangote, GCL Group Sign $4.2bn Gas Deal For Ethiopia Fertiliser Plant
Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalised a landmark $4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of ...
Read More »Air Peace Replies NCAA, Says Bird Strike Triggers Abuja-London Flight Return
Air Peace Airline has responded to the Nigerian Civil Aviation Authority (NCAA), saying passengers on its Abuja–London flight were not abandoned. Still, they were properly cared for upon the aircraft’s return to base. In a statement issued by the airline’s ...
Read More »Togo Craves For Increased Power Supply From Nigeria
The Republic of Togo has expressed interest in increasing the volume of electricity it currently purchases from Nigeria through the Niger Delta Power Holding Company (NDPHC), as part of efforts to meet growing power demand and extend reliable electricity supply ...
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