Business

All the recent business news in Nigeria, economy and industry updates.

Lagos targets N2.96trn revenue in 2025

Lagos State Government is targeting N2.96 trillion revenue in 2025, Ope George, the Commissioner for Economic Planning and Budget, has disclosed. Geor

Bank customers weigh options over hike in SMS alert charges

Customers and stakeholders yesterday expressed concerns over commercial banks’ SMS transaction alert charge increment, further compounding their woes

MAN, ports stakeholders oppose 4% FOB levy reintroduction

The Manufacturers Association of Nigeria (MAN) yesterday raised the alarm over the reported plans by the Nigeria Customs Service to re-introduce the 4

After N2trn losses in 2 years, MTN returns to profitability

invests N202.4bn on network infrastructure   MTN Nigeria has invested NN202.4billion on network infrastructure and made a profit after tax of N13

ARCON has power to regulate social media advertising

The Federal High Court sitting in Lagos has declared that the Advertising Regulatory Council of Nigeria (ARCON) has the legal authority to regulate ad