FG Orders State MDAs to Stop Accounts in Commercial Banks   As part of its efforts to enforce the Treasury Single Account (TSA) policy, the Federal Government has instructed state-based Ministries, Departments, and Agencies (MDAs) to immediately discontinue operating accounts with commercial banks. This was according to a...

 Equity Market Records Highest February Gain, Adds N842bn   Dangote Cement and Sunu Assurances Nigeria emerged as the top gainers on the Nigerian Exchange at the close of trading on Thursday. Dangote Cement emerged as the top gainer, appreciating by 10 per cent to close at N474.10 per share....

MTN Discontinues 15GB Bundle After Backlash Over 200% Price Hike MTN Nigeria, the nation's largest telecommunications provider, has scrapped its 15GB data bundle in response to widespread criticism from customers, who were outraged by a massive 200% price hike. The telco had initially raised the cost of the...

Nigeria's Oil Production Surges Past 1.5mbpd, Exceeds OPEC Quota   According to a recent report by the Nigerian Upstream Petroleum Regulatory Commission, Nigeria has successfully achieved its oil production quota as stipulated by the Organisation of the Petroleum Exporting Countries (OPEC). In January, Nigeria made real its focus...

Just In: NASS Passes ₦54.99trn 2025 Budget The National Assembly passed the ₦54.99trn 2025 Appropriation Bill. The bill was passed on Thursday separately by the Senate and the House of Representatives. A breakdown of the budget showed N3.645trn for statutory transfers, N14.317trn for debt servicing, N13.64trn for...

50% Tariff Hike: NLC Threatens Shut-down of Telecom Operations March 1 The Nigeria Labour Congress (NLC) has warned that if the telecommunications companies fail to revert to the old tariff by the end of February 2025, it will mobilize workers to shut-down their operations nationwide...