Rahma Oladosu

MTN Nigeria Records N5.2trn Revenue, Boosts Economy

MTN Nigeria Records N5.2trn Revenue, Boosts Economy   MTN Nigeria has reaffirmed its position as a critical driver of the non-oil economy, posting a service revenue of N5.2tn in its 2025 audited financial results. Beyond the impressive top-line growth, the company emphasised...

FG Eyes $5.7bn Investment Deal with China

FG Eyes $5.7bn Investment Deal with China   The Federal Government is deepening negotiations to secure up to $5.7bn in strategic investments from China across critical sectors of the economy, the Ministry of Finance said on Monday. In a statement issued after...

Capital Market’s GDP Contribution Now 33% with N68.83trn Growth

Capital Market's GDP Contribution Now 33% with N68.83trn Growth   The contribution of the capital market to Nigeria’s Gross Domestic Product has increased from 13 per cent in April 2024 to about 33 per cent, according to the Director-General of the...

Fresh Loans Push FG’s Domestic Debt to N77trn

Fresh Loans Push FG's Domestic Debt to N77trn   The Federal Government’s domestic debt rose by N7.40tn within nine months, driven largely by fresh issuances of FGN bonds and higher Treasury Bills, data obtained from the Debt Management Office has shown. Figures...

GenCos Reject Presidency’s N2.8trn Debt Deal

GenCos Reject Presidency's N2.8trn Debt Deal   The Association of Power Generation Companies (GenCos) has firmly rejected claims by Presidency sources that N2.8tn constitutes a newly verified and final settlement of legacy debts owed to electricity generation companies, describing the assertion...

Inferno at Lagos Int’l Airport Grounds Travellers

Inferno at Lagos Int'l Airport Grounds Travellers   A fire outbreak at the old terminal of the Murtala Muhammed International Airport, Lagos, on Monday disrupted flight operations, stranded passengers, and triggered diversions, compounding travel delays and operational uncertainty across airlines. It was...
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