Nigeria’s Q1 promissory notes obligations dipped 15.6%’

Debt Management Office (DMO) promissory notes issuance on behalf of Federal Government fell by 15.6 per cent in the first quarter (Q1) of this year. According to the DMO, the notes fell from N1.542 trillion to N1.301 trillion, reflecting the recent Federal Government’s efforts to settle verified obligations and improve confidence among key stakeholders in…

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MTN unveils Mega Billion Promo to reward loyalty, deepen financial inclusion

Leading telecom provider, MTN Nigeria, has announced the launch of the “MTN Mega Billion Promo,” a bold, 12-week nationwide consumer promotion designed to celebrate, reward its loyal customers and deepen financial inclusion. This initiative underscores MTN’s commitment to customer-centricity, coming on the heels of recent adjustments to voice and data tariffs.  The MTN Mega Billion…

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.Dangote Cement EBITDA crosses N1tr mark as shareholders get N30 dividend per share

For the first time since its inception, Dangote Cement Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached an all-time milestone of N1,382.0 billion, crossing the N1 trillion mark, an increase of 56 per cent. In the same vein, Earnings per share also increased by 12.3 per cent to N29.74 as against 2023’s record…

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Phase3 Telecom pushes for cross-border connectivity

Digital infrastructure and connectivity solutions provider, Phase 3 Telecom, has called for accelerated investment in digital infrastructure to drive inclusive economic growth across the West African sub-region. Its Executive Chairman, Stanley Jegede, who made the call at the CCT Global 2025, stressed the critical importance of cross-border and inland digital infrastructure in accelerating Africa’s economic…

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UK restates commitment to Nigeria with 99% duty-free access

The United Kingdom (UK) has confirmed that Nigeria will continue to enjoy duty-free access on 99per cent of total goods exported to the UK market under the Developing Countries Trading Scheme (DCTS). The initiative reinforces UK’s long-term ambition to deepen trade ties, support Nigerian exports and promote economic growth for both our countries. The DCTS…

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MAN: Manufacturing sector recovering on reforms

The Manufacturers Association of Nigeria (MAN) yesterday said the manufacturing sector is positively responding to the economic therapy of President Bola Tinubu. Its Chairman, for Oyo, Osun, Ondo, and Ekiti, Dr Sam Olawoye, said the sector is gradually recovering from recent economic shocks. He spoke during an interview in Ibadan while assessing the impacts of…

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