Fitch Ratings, an American credit rating agency, has downgraded the National Long-Term Rating of Dangote Industries Limited (DIL) from ‘AA(nga)’ to ‘B+(nga)’, citing a notable deterioration...
The debate about the sulphur levels in Automotive Gas Oil, commonly known as diesel, from the Dangote Petroleum Refinery remains unresolved, according to The PUNCH. During...
Nigerian banks should scale back their flamboyancy, including spending on private jets, and pay a new windfall tax to regain public trust and support the economy,...
Nintendo said Friday that first-quarter net profit more than halved as sales for the seven-year-old Switch slowed down and fans keenly awaited news on the hit...
The Federal Competition and Consumer Protection Commission (FCCPC) accused Coca-Cola Nigeria Limited and Nigerian Bottling Company Limited (NBC) of violating consumer protection laws on Thursday. READ...
MTN Nigeria Communications Plc has reported a loss after tax of N519.1 billion for the first half of 2024. This indicates an upward trend of 34.9...
MTN, Africa’s telecommunications giant, has resumed its nationwide operations after a temporary shutdown on Tuesday, following customer backlash and vandalism of its properties. The company announced...
The leader of the World Trade Organisation, Ngozi Okonjo-Iweala, stated on Tuesday that global trade is facing challenging times, with an increase in protectionist measures. In...
The Central Bank of Nigeria (CBN) says next-of-kin, legal representatives and beneficial owners can claim the funds in dormant accounts. CBN said this in a report released over the weekend....
The Nigerian Airspace Management Agency (NAMA) has suspended its controversial plan to increase navigational charges by 800%. NAMA’s spokesman, Abdullahi Musa, said the suspension was directed...