Business

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MTN Nigeria Reports N400.44bn Loss Amid Naira Devaluation Impact

MTN Nigeria Reports N400.44bn Loss Amid Naira Devaluation Impact

By DAYO ADESULU MTN Nigeria has reported a staggering N400.44bn loss after tax for the fiscal year ended December 31,…
FG Moves to Regularise Electricity Tariffs for Fairer Pricing and Investment Boost

FG Moves to Regularise Electricity Tariffs for Fairer Pricing and Investment Boost

By DAYO ADESULU The Federal Government has unveiled plans to implement electricity tariff regularisation in Nigeria, aimed at addressing disparities…
Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions

Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions

By DAYO ADESULU The Federal Government has called on retailers to adjust their prices to reflect recent reductions in food…
Dangote Refinery Slashes Diesel Prices, Paving the Way for Nigeria’s Energy Revolution

Dangote Refinery Slashes Diesel Prices, Paving the Way for Nigeria’s Energy Revolution

By DAYO ADESULU Cost of Diesel Drops to N1,020/Litre, Providing Relief to Manufacturers and Consumers Amidst Economic Challenges In a…
Nigeria’s Lithium Rush: How Artisanal Miners Are Cashing In on the ‘New Oil

Nigeria’s Lithium Rush: How Artisanal Miners Are Cashing In on the ‘New Oil

By DAYO ADESULU The Rise of Artisanal Lithium Mining in Nigeria In the heart of Nasarawa State, 31-year-old Abdullahi Ibrahim…
Dangote Refinery Achieves Major Milestone with First Jet Fuel Export to Saudi Aramco

Dangote Refinery Achieves Major Milestone with First Jet Fuel Export to Saudi Aramco

By DAYO ADESULU Nigeria’s Energy Sector Breaks New Ground as Dangote Refinery Sells Jet Fuel to World’s Largest Oil Producer…
Oil Marketers Dump NNPCL Franchise as Dangote Refinery Disrupts Fuel Market

Oil Marketers Dump NNPCL Franchise as Dangote Refinery Disrupts Fuel Market

By DAYO ADESULU Lagos, Nigeria – A major shift is occurring in Nigeria’s petroleum sector as independent oil marketers are…
Nigerian Petroleum Marketers Face Surging Borrowing Costs Amid High Inflation

Nigerian Petroleum Marketers Face Surging Borrowing Costs Amid High Inflation

By DAYO ADESULU Nigeria’s leading petroleum marketers have recorded a staggering rise in bank borrowing, with loans surging by 76.5%…
9mobile Faces Massive Subscriber Exodus: Over 6,000 Users Port Out in Two Months

9mobile Faces Massive Subscriber Exodus: Over 6,000 Users Port Out in Two Months

By DAYO ADESULU Over 6,000 Subscribers Leave 9mobile in Two Months Nigeria’s fourth-largest mobile network operator, 9mobile, is experiencing a…
Telecom Tariff Hike: NATCOMS Moves to Court as NCC Rejects Appeal for Reduction

Telecom Tariff Hike: NATCOMS Moves to Court as NCC Rejects Appeal for Reduction

By DAYO ADESULU The National Association of Telecommunications Subscribers (NATCOMS) has announced plans to take legal action against the Nigerian…
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