Articles

  • 2 days ago | businesspost.ng | Modupe Gbadeyanka

    By Dipo OlowookereThe fibre broadband service of MTN Nigeria, MTN Fibre Broadband, has been rebranded to MTN FibreX as part of the company’s commitment to providing ultra-fast, reliable, and accessible internet services to its customers.

  • 4 days ago | businesspost.ng | Modupe Gbadeyanka

    By Adedapo AdesanyaThe NASD Over-the-Counter (OTC) Securities Exchange increased by 0.27 per cent week-on-week in Week 16 of the 2025 trading year. Data indicated that the bourse’s market capitalisation rose by N5.15 billion in the four-day trading week to N1.924 trillion  from the N1.919 trillion it ended in the previous week and the NASD Unlisted Securities Index (NSI) went up by 8.81 points to 3,286.38 points from the 3,277.57 points recorded in the previous trading week.

  • 4 days ago | businesspost.ng | Modupe Gbadeyanka

    By Adedapo AdesanyaMelrose General Services Limited has initiated contempt proceedings against the Governor of the Central Bank of Nigeria (CBN) Mr Yemi Cardoso and Legal Services Director, Mr Salam-Alada Kofo, for allegedly failing to comply with a Supreme Court judgement delivered in 2024 reversing the forfeiture of N1.222 billion and N220 million linked to the Paris Club refund.

  • 1 week ago | businesspost.ng | Modupe Gbadeyanka

    By Modupe GbadeyankaPlans have been concluded to site a steel production plant worth about $2.5 billion in Kogi and Delta States. Already, a financial and technical cooperation agreement has been sealed between a Nigerian company and a Chinese organisation. At a signing ceremony on Monday, April 14, 2025, at in Deyang, Sichuan Province, China, the duo of Chart & Capstone Integrated Ltd and China’s Sinomach-HE put pen to paper on the factory.

  • 1 week ago | businesspost.ng | Modupe Gbadeyanka

    By Aduragbemi OmiyaleThe amount shared by the federal government, the 36 state governments and the 774 local government areas of the federation from the Federation Account Allocation Committee (FAAC) in April 2025 from the revenue generated last month declined by N100 billion, Business Post reports. This month, FAAC disbursed about N1.578 trillion to the three tiers of government, lower than the N1.678 billion distributed in March 2025.

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