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Presidency denies spending N5.4trn on subsidy payment in 2024

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The Presidency has debunked the release of the two fiscal policy documents which have since gone viral, noting that it didn't earmark N5.4 trillion...

FBN Holdings records N238.53bn profit in Q1 2024

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FBN Holdings Plc, the owner of First Bank, has declared N238.53 billion profit before tax in its unaudited first quarter of 2024 results. FBN Holdings...

MTN loses N575bn in Q1 2024

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MTN Nigeria has recorded N575.6 billion pre-tax loss in the first quarter (Q1) of 2024. This was contained in a statement issued by the MTN...

Again, JAMB extends 2024 Direct Entry registration

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The Joint Admissions and Matriculation Board (JAMB) has announced that the registration for Direct Entry has been extended till a later date. Dr. Fabian Benjamin,...

Transcorp Power revenue hits N67.86bn in Q1 2024

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Transcorp Power Plc has declared revenue of N67.86 billion in the first quarter of 2024 which ended on March 31. The figure, when compared to...

China’s economy beats growth expectations in Q1 2024

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The economy of China expanded far more than expected in the first quarter of 2024, data showed on Tuesday, April 16. Beijing has set a...

IMF: Inflation’ll drop in 2024

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The International Monetary Fund (IMF) has projected a further drop in inflation rate in the year 2024. IMF said inflation is easing faster than expected...

Geregu Power records N14.46bn profit in Q1 2024

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Geregu Power Plc has recorded N14.46 billion or 307.5 per cent profit growth in the first quarter (Q1) of 2024. This was contained in the...

Tinubu approves 3 airlines for 2024 hajj

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President Bola Tinubu has approved three airlines to serve as exclusive carriers for the 2024 hajj pilgrimage. The airlines are the Air Peace, FlyNas, and...

Customs generated N3trn in 2023, targets N5.1trn revenue in 2024

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The Nigeria Customs Service (NCS) says it would not disappoint the country in realising its N5 trillion revenue target for 2024. The Customs Comptroller General,...
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