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Thursday, January 22, 2026

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Business

5G Auction: NCC clarifies alleged Tinubu’s connection to Mafab Communications Ltd

The Nigerian Communications Commission (NCC) has clarified the general public on the alleged involvement of Senator Bola Ahmed Tinubu, former Governor of Lagos State,...

MTN, MAFAB win provisional licences for NCC’s 5G spectrum auctioning

The Mobile Telephone Network (MTN) and MAFAB Communications Ltd have emerged winners of the Nigerian Communications Commission’s (NCC’s) 3.5 gigahertz (Ghz) Fifth Generation (5G)...

Air Peace to resume Makurdi operations Dec 17

....Deploys B777 for Enugu, E195 for Calabar Air Peace is set to resume Makurdi flight operations from Lagos and Abuja on December 17. The airline...

Nigeria regains top crude oil production spot in Africa – OPEC report

Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging 1.27 million barrels per...

Facebook, Instagram ads attract 7.5% VAT from January

Facebook says Nigerians will pay 7.5 per cent value-added tax (VAT) on all ad placements from January 1, 2022. The social media giant said this...

Loan Default: UBA takes over AEDC

The Minister of Power, Abubakar Aliyu, has on Wednesday announced the taking over of the major stake in the Abuja Electricity Distribution Company (AEDC)...

Electricity consumer group seeks forensic audit of DisCos

The All Electricity Consumers Protection Forum (AECPF) has called for a forensic audit of electricity Distribution Companies following the recent strike by members of...

Nigerian stock market sustains growth by N217bn on MTN (Nigeria) gain

Sentiments remained positive in the domestic stock market on Wednesday with a growth of N217 billion arising from price rally recorded by MTN Nigeria...

NUEE shuts down AEDC operations, indefinite outage in Abuja, Nassarawa, Kogi, Niger

The National Union of Electricity Employees (NUEE) has shut down all operations of the Abuja Electricity Distribution Company (AEDC) indefinitely owing to outstanding payment...

Air Peace to commence flights to Anambra airport Dec 7

Air Peace airline has announced that it would commence scheduled flights into the Anambra new airport on Tuesday, December 7. The announcement was following the...

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