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MTN Nigeria Reports N400 Billion Loss in 2024: Can Profitability Return?
MTN Nigeria, once a darling of investors, has reported a staggering N400 billion post-tax loss for 2024, marking one of...
Bitcoin Drops Below $77,000 Amid Market Volatility and Mt. Gox Activity
The cryptocurrency market has experienced significant turbulence, with Bitcoin (BTC) falling below $77,000 for the first time since November 2024....
Seven Oil Firms Commit to Settle $37.4 Million Debt with FG by August 2025
The Nigerian House of Representatives announced on Sunday that seven prominent oil and gas companies have agreed to pay a...
Nigeria’s Petrol Import Bill Reaches Record N15.42 Trillion in 2024 Despite Refinery Efforts
Nigeria’s expenditure on petrol imports skyrocketed in 2024, reaching an unprecedented N15.42 trillion—a figure more than double that of the...
Equity Market Loses N476bn in a Week Amid Weak Investor Sentiment
The Nigerian stock market experienced a significant downturn this week, shedding N476.0bn as trading activity reflected cautious investor sentiment. During...
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