Nigeria’s business environment rebounds

Nigerian private sector appears to have experienced improvement during the final month of last year, according to report on Purchasing Managers’ Index (PMI). The report explained that overall business conditions improved as new orders increased for the second month running and renewed expansions were seen in output, employment and purchasing. That said, rates of inflation…

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Corporate blackmailers as Tinubu’s enemies

By Aliyu Gaya Corporate blackmail is fast becoming the fancy of some netizens, corporate bodies, individuals, especially fly-by-night persons who target the rich and their businesses for diverse reasons. It’s not restricted to Nigeria, though. The likes of Aliko Dangote, Mike Adenuga, Leo Stan Ekeh, Segun Agbaje, Tony Elumelu, and corporates like GTCO (Guaranty Trust…

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Konga opens New Year with 70% discount on sales

Nigeria’s foremost composite e-commerce giant, Konga, has announced its first major sales event this year—Konga Jara. This exciting campaign offers shoppers massive discounts of up to 70%, providing a perfect opportunity to save big and kickstart the year with unbeatable deals. The 2025 edition of Konga Jara, themed “Confam New Year Deals,” commenced on Wednesday,…

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Adonu shatters glass ceilings, wins MTN Nigeria Partners Award 2024

In an extraordinary display of excellence, Kingsley Ifeanyi Adonu, a leading MTN Nigeria partner from Enugu, has shattered records to claim the top prize at the 2024 MTN Nigeria Partners Award. According to a press statement shared with themorningstar.com.ng, Adonu emerged number one partner in airtime and data distribution across Nigeria, a monumental achievement that…

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MAN wants factories sealed by LASWARCO reopened

Manufacturers have appealed to Lagos State Governor, Babajide Sanwo-Olu, to order the immediate re-opening of factories sealed by the Lagos State Water Regulatory Commission (LASWARCO) over alleged refusal to pay water abstraction fees. Acting under aegis of the Manufacturers Association of Nigeria (MAN), the group, in an open message to Mr Governor, its Director-General, Segun…

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5G: Mafab to relaunch commercial services Q1 next year

A Nigerian carrier that secured a fifth generation (5G) technology licence in 2021, Mafab Communications, will begin operations by the end of Q1 2025, according to its Chief Operating Officer Adebayo Onigbanjo. This will mark the first time Mafab’s services will be commercially available, nearly three years after the company entered the 5G market. Mafab…

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NCC okays disconnection of Exchange Telecom by MTN over unpaid debt

Telecom sector regulator, the Nigerian Communications Commission (NCC) has granted approval to MTN Nigeria to disconnect Exchange Telecommunications Limited (Exchange) over unpaid interconnect debts. According to information sourced from its website, Exchange Telecommunications Limited is a local and international interconnect Carrier. The largest in Nigeria, it has four Points-Of-Interconnect nationwide connected via a fibre ring…

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N250b USSD debt: CBN, NCC direct banks to pay ₦212.5b to telcos by Dec end

The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have ordered banks to pay ₦212.5 billion—85per cent of a ₦250 billion debt owed to telecom operators for USSD charges—by December 31, 2024, to a December 20 memo.USSD stands for Unstructured Supplementary Service Data, a communication protocol that allows a phone to connect…

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