Tax Reform Bill: Attribution before Derivation I have been studying this tax reform bill for sometime now but my worry is heightening by the day. The truth is that Tinubu’s tax experts who worked on the bill has inputed so much into the bill which...

Forex: Telecos Seek NCC Approval for Tariff Hike Telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to raise their tariff. The development came after foreign exchange losses and rising energy costs forced some...

Dangote, Nestle, Others Lose N1.7tn to Naira Depreciation Dangote Group, Nestle Nigeria and MTN Nigeria, alongside four of Nigeria’s most capitalised companies, lost N1.7tn to the depreciation of the naira in 2023. According to an analysis of their financial statements published on the website of the...

Naira Devaluation: MTN, Airtel Lost N1.29 trillion in 2023 The devaluation of the naira last year took a big bite out of the revenues of two of the country’s biggest telecommunications companies. Airtel and MTN Nigeria lost N1.29 trillion to the devaluation. MTN posted a loss...

Naira Devaluation: MTN, Airtel Lost N1.29 trillion in 2023 The devaluation of the naira last year took a big bite out of the revenues of two of the country’s biggest telecommunications companies. Airtel and MTN Nigeria lost N1.29 trillion to the devaluation. MTN posted a loss...

NGX Set New Record as Index Crosses 100,000 Points The Nigerian Exchange Limited’s benchmark index crossed the 100,000 basis point mark, setting a new all-time high record on Wednesday. At the close of trading, the All-Share Index of the local bourse gained 2,954.14 points or 2.99...