Stock Market Rebounds as ASI Gains 0.40% The Nigerian equities market snapped a recent bearish streak on Tuesday as the benchmark All-Share Index rose by 0.40 per cent to close at 201,287.78 points. This upward momentum pushed the year-to-date return to 29.35 per cent, translating into...

MTN Nigeria Pays Over ₦6.9tn in Taxes, Levies MTN Nigeria has disclosed that it has remitted more than ₦6.9 trillion in taxes, levies, and statutory duties, reinforcing its position as one of the country’s largest corporate taxpayers and key fiscal contributors. The telecom giant said the...

The Court of Appeal in Abuja has dismissed an appeal by the Central Bank of Nigeria (CBN) and affirmed a judgment compelling the apex bank to release details of its controversial settlement with MTN Nigeria over allegations of illegal funds repatriation.

SIM-NIN Cleanup: Telecom Subscriptions Decline to 172m in June - Report  Nigeria’s telecommunications industry recorded a slight decline in active mobile subscriptions in June 2025, as regulatory enforcement and internal operator reviews continue to shape the market. According to the latest industry statistics published by the...

FG Eyes $185m Annually as MTN Builds Cloud Infrastructure Starting next year, Nigeria is expected to save $185 million every year hitherto spent by Nigerians to host their data in Google, Amazon and Microsoft as MTN Nigeria’s $150m tier 3 data centre with cloud infrastructure...

Internet Data Consumption Declines After 50% Tariff hike The Nigerian Communications Commission report has revealed that Internet data consumption in Nigeria declined by 17,647 terabytes between January and April 2025, following the implementation of a new tariff regime that saw the cost of telecommunications services...