Business News

MTN clears Key hurdle in $6.2bn IHS towers acquisition

By Abubakar Yunus MTN Group has moved a step closer to completing its proposed $6.2bn acquisition of IHS Holding Limited after shareholders of the...

NAICOM presents new licence certificates to recapitalised companies

Mariam Abeeb The National Insurance Commission (NAICOM) has presented new licence certificates to insurance companies that successfully met the Commission’s new minimum capital requirements. The...

Dangote refinery cuts petrol, diesel ex-depot prices to ease costs

The Dangote Petroleum Refinery has reduced the ex-depot prices of Premium Motor Spirit, popularly known as petrol, and Automotive Gas Oil, otherwise called diesel,...

Nigeria foreign reserves exceed annual targets, as investors confidence grows

Mariam Abeeb   The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s foreign reserves has exceeded the its annual target and has climbed above $52.5...

Over 85 million Nigerians lack reliable electricity — REA boss

By Abubakar Yunusa   The Managing Director and Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, has disclosed that more than 85 million...

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