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US Tax Reforms may Reduce FDI in Nigeria – NESG

The Nigerian Economic Summit Group (NESG) has warned that the US President, Donald Trump’s tax reforms may lead to a reduction in foreign direct investment (FDI) to Nigeria.

Wema Bank, SMEDAN Partner to Empower 800,000 Businesses

Wema Bank has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to empower 800,000 Nigerian businesses.

NGX 2024 Profit surges by 157.3%

Nigerian Exchange Group Plc (NGX Group or the Company) has announced its audited financial results for the year ended 31 December 2024.

NCAA Certifies Five New Airlines

The Nigeria Civil Aviation Authority (NCAA) has issued an air operator’s certificate (AOC) to five new airlines in 2024.

Tax Reform Bills: Customs Duties Not Limited to Revenue Collection – Expert

Tax Reform Bills: Customs Duties Not Limited to Revenue Collection – Expert A customs and tax expert, Mr Okey Ibeke, says the duties of the Nigeria Customs Service (NCS) is not only limited to revenue collection but involves highly technical operations. Ibeke stated this on Thursday...

MTN Earnings Hit by N400bn Loss as Naira Devaluation Takes Toll

MTN Earnings Hit by N400bn Loss as Naira Devaluation Takes Toll   MTN Nigeria reported a N400.44bn loss after tax for the year ended December 31, 2024, as the devaluation of the naira drove up foreign exchange losses and weighed on the company’s earnings. The loss, disclosed...