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NGX Benchmark Index Sheds 0.11%.
Negative sentiment returns to the floor of the Nigerian Exchange Limited, NGX, on Thursday as the All Share Index falls to 107,675.46 basis points from Wednesday’s 107,798.99 basis points, thereby shedding 123.53 basis points or 0.11%.…
3 Tiers Of Government Share N1.703 Trillion FAAC Allocation For January
A total sum of N 1.703 trillion, being January 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils.
The revenue was shared at the February 2025 Federation Account…
RMAFC Charges Stakeholders On Implementation Of Recommended Remuneration Packages
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) says there's the need to ensure adherence to constitutional provisions in implementing its recommended remuneration packages for political, public, and judicial office…
FCCPC Directs MultiChoice To Maintain Current Prices Pending Investigation
The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.
The Director of…
Nigeria Defends Telecom Tariff Hike to Prevent Potential Collapse
The Nigerian Government has defended its decision to approve a 50% tariff increase for telecommunications services, cautioning that failure to do so could have led to job losses and the collapse of some companies in the sector.
This…
Nigeria To Drive Airtel Africa’s Digital Innovation Goals
Airtel Africa says Nigeria is the sole of its operations in Africa, with the potential to match India's advancements in digital innovation, connectivity, and financial inclusion.
Chairman of Airtel Africa, Sunil Bharti Mittal, stated this…
Organisations Seek Collective Action To Address Submarine Cable Disruptions
The Ministry of Communications, Innovation and Digital Economy, and the International Telecommunications Union (ITU) have called for collective action to address submarine cables disruptions and cuts globally.
The two organisations made…
Nigerian Government Reaffirms Commitment To Addressing Housing Needs
The Permanent Secretary of the Federal Ministry of Housing and Urban Development in Nigeria, Dr. Shuaib Belgore, has reiterated the federal government’s dedication to addressing the housing needs of Nigerians.
Belgore emphasized this while…
ACCI Promotes Women-Owned Businesses To Strengthen Women Entrepreneurs
The Abuja Chamber of Commerce and Industry (ACCI) has adopted a clear definition of Women-Owned Businesses (WOB) to promote gender inclusion and ensure targeted support for women entrepreneurs.
ACCI in a statement revealed that WOBs…
FCT-IRS surpasses 2024 revenue target
The Federal Capital Territory Internal Revenue Service (FCT-IRS) says it has surpassed its 2024 revenue target, collecting ₦262 billion against the projected ₦250 billion, signaling a strong financial performance within the service in 2024.…