Business

MTN invests N1trn in network capacity in 2025, pays N878.7bn tax 

MTN invests N1trn in network capacity in 2025, pays N878.7bn tax 

MTN Nigeria said it invested N1 trillion in network capacity in 2025, more than doubling its prior year capital expenditure.The company’s CEO,…
Nestlé Nigeria returns to profitability, posts N166.8 billion pretax profit in 2025

Nestlé Nigeria returns to profitability, posts N166.8 billion pretax profit in 2025

Nestlé Nigeria Plc has returned to profitability in the 2025 financial year, posting a Profit Before Tax (PBT) of N166.8 billion, compared…
Peter Akpe: Meet RCCG Pastor appointed Bayelsa’s new deputy governor 

Peter Akpe: Meet RCCG Pastor appointed Bayelsa’s new deputy governor 

The Bayelsa State House of Assembly has confirmed the appointment of Peter Akpe as the new Deputy Governor of Bayelsa State, following…
FMDQ lists Lagos State N244.82 billion Green and Fixed Rate Bonds

FMDQ lists Lagos State N244.82 billion Green and Fixed Rate Bonds

FMDQ Securities Exchange Limited has approved the listing of Lagos State Government’s dual-series bonds totaling N244.82 billion under its N1.00…
U.S. Congress recommends blocking beef exports from Nigeria to disarm Fulani herdsmen

U.S. Congress recommends blocking beef exports from Nigeria to disarm Fulani herdsmen

The U.S. Congress has recommended blocking beef exports from Nigeria as a measure to compel Fulani herdsmen to disarm, following…
Nigerian startup Alerzo begins sale of assets amid N4.38bn Moniepoint debt

Nigerian startup Alerzo begins sale of assets amid N4.38bn Moniepoint debt

Nigerian B2B e-commerce startup Alerzo is liquidating its delivery assets, including buses, motorcycles, and operational vehicles, as it grapples with a multibillion-naira…
Most funded alternative energy startups in Africa in 2025

Most funded alternative energy startups in Africa in 2025

Investors expressed great interest in Africa’s energy startup sector in 2025.Companies developing renewable energy solutions, off-grid technologies, and sustainable energy access received…
The MPC’s 50bps rate cut and what it means for your money 

The MPC’s 50bps rate cut and what it means for your money 

At the 304th policy meeting held yesterday, the Monetary Policy Committee cut the policy rate by 50 basis points to…
New Zealand to revise open work visa conditions from April 20, 2026

New Zealand to revise open work visa conditions from April 20, 2026

New Zealand will implement new employment conditions for holders of open work visas from April 20, 2026, as part of…
How to apply for 2026 NNPC/Seplat JV undergraduate scholarship programme

How to apply for 2026 NNPC/Seplat JV undergraduate scholarship programme

Seplat Energy has announced the commencement of the 2026 NNPC/Seplat Joint Venture National Undergraduate Scholarship Programme.The disclosure was made via…
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