Subscribers Threaten Legal Action Against Telcos Over Proposed 100% Tariff Hike
Telecom users in Nigeria are planning to take legal action against telecom companies over a planned 100% rise in service ...
Tag: Business
Global Food Prices Dropped 2% in 2024 — FAO
The United Nations' Food and Agriculture Organisation (FAO) reported that global food prices dropped by 2.1% in 2024 compared to ...
MTN Nigeria Proposes 100% Tariff Increase Amid Economic Challenges
MTN Nigeria has officially submitted a proposal to the Nigerian Communications Commission (NCC) for an increase of 100% service tariffs ...
New Withholding Tax Policy Takes Effect
Implementation of Withholding Tax Regulations prepared for 2024 has been initiated by the Government of the Federation of Nigeria marking ...
Global Oil Prices Edge Higher to $74.80/Barrel on First Trading Day of 2025
There was a slight increase in the international price of oil yesterday, the first day of trading in 2025, as ...
Asia’s Factories End 2024 on Weak Note Amid Trump-Era Trade Risks
Asia's manufacturing industry ended 2024 with weaker results. Worries about trade conflicts and China's struggling economy have raised doubts about ...
Warri Refinery Resumes Operations After Long Delay
After much anticipation, the 125,000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State, has officially ...
Expert Highlights Decline in OPEC’s Power to Influence Global Oil Prices
The Organization of the Petroleum Exporting Countries (OPEC) may no longer possess the market-defining power it once held in controlling ...
Dangote Explains Petrol Price Reduction Amid Market Dynamics
Aliko Dangote, President of Dangote Industries Limited, has explained that the recent drop in the price of Premium Motor Spirit ...
Telegram Declares Profitability as Revenue Surpasses $1 Billion in 2024
Telegram's creator, Pavel Durov, announced on Monday that the messaging platform is now profitable, with its revenue exceeding $1 billion ...
Lagos Agro-Hub records N2.495 Billion in First Year
The Lagos State Government's Mushin Fresh Food Agro-Hub has made a significant impact in its first year of operation, generating ...
Seplat Completes Acquisition of MPNU
Seplat Energy Plc has completed the purchase of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, which is a big step ...
Nigeria’s Oil Output Rises 13% to 1.7 Million Barrels Per Day
In November 2024, Nigeria's crude oil production, including condensate, went up by 13.3% compared to the same month in 2023. ...
AFEX Leads Charge to Improve Food Security Across Africa
AFEX, an innovative company that combines agriculture, finance, and technology, is bringing significant changes to Africa's agricultural industry. Started in ...
Nigeria’s Malta Imports Reach New High Amid Controversy
In the third quarter of 2024, Nigeria's imports from Malta hit a record high of N766.81 billion, according to the ...
