MAN Blocks Electricity Tariff Hike With Court Order
By Rotimi Asher, Lagos
A Lagos State high court has issued a temporary order restraining electricity distribution companies ,DisCos, and the Nigerian Electricity Regulatory Commission...
Tolaram To Acquire Majority Shares In Guinness Nigeria As Diageo Exits
By Rotimi Asher, Lagos
In a landmark deal set to reshape Nigeria’s beverage market, Tolaram has agreed to acquire Diageo’s 58.02% shareholding in Guinness Nigeria...
FG Rakes N2trn From Crude Exports To S’Africa, Ivory Coast, Others
By Yahaya Umar
Nigeria’s trade with other African countries has seen improvement over the last three months with the country earning over N2.028tn as export...
Foreign Debt Servicing Surge To $2.19bn In May 2024
By Charles Ebi
Nigeria has seen a significant surge in its foreign debt servicing costs, with an increase of 96% year-on-year, according to the latest...
FIRS VAT Collection Rises N1.43trn in Q1- NBS
By Charles Ebi
Value Added Tax ,VAT, paid by Nigerians increased from N1.20 trillion in Q4, 2023 to N1.43 trillion in the first three months...