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Edo miners, NSCDC disagree over harassment, extortion claim
Business
4 sources

Edo miners, NSCDC disagree over harassment, extortion claim

Edo State Miners Association accuses the NSCDC of extortion regarding royalty payments, which the NSCDC denies, claiming impersonation is involved. The disagreement highlights ongoing tensions between miners and security agencies in the region.

Fintech deal targets faster cross-border payments
Business
1 sources

Fintech deal targets faster cross-border payments

OneDosh has partnered with PlaywithTomide to enhance cross-border payment processes for Nigeria's gaming sector. This collaboration aims to improve financial services for gamers in the country.

We’re committed to impacting over 200 million Nigerians — NNPCL
Business
5 sources

We’re committed to impacting over 200 million Nigerians — NNPCL

NNPC Limited has pledged to enhance the lives of over 200 million Nigerians, emphasizing that their success is measured by positive social impact rather than just oil production. This commitment aims to foster broader community development across the nation.

NGX shareholders laud board, urge sustained growth focus
Business
1 sources

NGX shareholders laud board, urge sustained growth focus

NGX shareholders praised the board's performance during the 65th AGM, approving a N2.00 dividend and a bonus share issue. They emphasized the importance of maintaining a focus on sustained growth.

Firms Reward Creators with N12M and Paris Trips
Business
5 sources

Firms Reward Creators with N12M and Paris Trips

Konga Health and CeraVe have awarded creators with N12 million and trips to Paris, celebrating innovation in the beauty industry. This initiative highlights the fusion of technology and creative storytelling in redefining beauty narratives.

IATA Unveils Keyamo As One Of Africa’s Top Four Aviators
Business
4 sources

IATA Unveils Keyamo As One Of Africa’s Top Four Aviators

IATA has recognized Festus Keyamo as one of Africa's top four aviators, highlighting his impactful leadership in Nigeria's aviation sector. This acknowledgment reflects significant reforms and progress in the industry.

MTN Nigeria To Sell YDF, 60% Of MoMo PSB To MTN Group
Business
5 sources

MTN Nigeria To Sell YDF, 60% Of MoMo PSB To MTN Group

MTN Nigeria plans to sell its Youth Development Fund and 60% of its MoMo Payment Service Bank to MTN Group. Investors will still have a stake in the fintech business with MTN Nigeria retaining a 40% interest.

GTCO grows interest income to N458bn amid mounting costs
Business
4 sources

GTCO grows interest income to N458bn amid mounting costs

GTCO has reported a rise in interest income to N458 billion, showcasing growth in key income streams. However, this growth is significantly impacted by a sharp increase in income tax expenses, which reached N84.8 billion.

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