Business

Telecom Infrastructure Theft Deepens Losses For Operators

Nigeria’s mobile network operators are grappling with mounting financial losses following a surge in the theft of critical telecom infrastructure, raising fresh concerns over the resilience of the country’s digital backbone.

Guinness Announces ₦2.00 Interim Dividend Amid Strong Q1 Performance

Guinness Nigeria Plc has announced an interim dividend of ₦2.00 per ordinary share for the quarter ended 31 March 2026, signalling a strong earnings...

NCAA Charges Airlines To Reveal Reasons For Flight Delays

Nigeria Civil Aviation Authority ,NCAA, has urged airlines operating in the country to be more transparent in communicating flight delays, especially when operational issues cause disruptions.

IMF Cuts Nigeria’s 2026 Growth Outlook To 4.1%

International Monetary Fund ,IMF, has cut Nigeria’s economic growth forecast for 2026 by 0.3 percentage points, lowering it from 4.4% to 4.1%, citing mounting global and domestic pressures.

Petrol Imports Surge 96.7% To 5.9m Litres In March 2026

Nigeria’s importation of Premium Motor Spirit ,PMS, also known as petrol, surged by 96.7% in March 2026, even as domestic supply recorded notable growth.

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