Investors Witness N851bn Gain in One Day Nigeria’s equities market witnessed one of the highest one-day gains in 2023 as investors consolidated on the recent market rally to gain N851bn. The market went up on Monday by 2.48 per cent as the All-Share Index and equities...

MTN to Invest $3.5bn, Mobilise $1.5trn Other Investments into Nigeria's Economy The MTN Group has said it has a plan to invest $3.5 billion in the Nigerian economy over the next five years. This is part of a broader vision of becoming a pan-African company by...

We'll Remove Bottlenecks to Investments, Reposition Economy - Tinubu President Bola Ahmed Tinubu has assured the manufacturing and service sectors that more reforms will be unfolded to enable efficiency and attract investments, saying the ongoing economic ‘‘revolution’’ will be deliberately steered to capture and favour...

Telcos Issue Banks Disconnection Notice over N120bn USSD Debt Telecommunication firms have issued Deposit Money Banks disconnection notice amid a disagreement over Unstructured Supplementary Service Data service debt running to over N120bn. According to telcos, banks owe them N120bn for using their USSD infrastructure for financial...

Mobile Subscriptions Witness Surge of 226.84 Million  Mobile subscriptions have risen by 4.61 million to hit 226.84 million in 2022, according to new industry statistics from the Nigerian Communications Commission. This follows the trend of sustained growth in the telecommunications sector that has been recorded since...

Ministers, Firms to Account for Over $2.4bn Oil Sale - Reps The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal...