Business

MTN Return To Profit Driven By FX Stability, Data Growth – Analysts

By Dickson Pat Analysts have attributed MTN’s recovery to improved foreign exchange dynamics and a strong shift toward data and fintech services. MTN swung back to...

Tier-1 Banks Releases N2.36trn, As Bad Loans Mount In 2025

By Charles Ebi Five listed Nigerian Tier-1 banks, also known as FUGAZ have released their full-year audited 2025 results for the period ended December 2025,...

External Reserves Shed $855m In Five Weeks

By Dickson Pat Nigeria’s external reserves declined by approximately $855 million within five weeks, falling from $49.18 billion on April 1, 2026, to $48.33 billion...

NGX Market Cap Rises To N157tn Amidst N324bn Turnover

By Yahaya Umar Investors traded a total of 7.075 billion shares valued at N324.35bn in 474,436 deals on the Nigerian Exchange ,NGX, during the week,...

Lagos Approves 14 Power Operators Across Off-grid, Metering, Distribution Markets

From Rotimi Asher, Lagos Lagos State Government has approved 14 electricity licences and permits across off-grid generation, embedded generation, independent distribution, metering services and interconnected...

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