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Four Saudi Soldiers Dead After Clash With Iran-Backed Houthis

Saudi Arabia’s military has gone into a state of high alert following deadly clashes with Yemen’s Iran-backed Houthi rebels, who also tried to fire...

MTN Nigeria Profit Declines 78.6% in Third Quarter 2023

MTN Nigeria Plc (MTNN) reported a 78.6% decline in its third quarter (Q3) 2023 profit after tax (PAT) to N18.60 billion despite an overall...

Seplat Energy Operating Profit Slumps 7.42% in Q3

Seplat Energy Plc’s third-quarter operating profit dropped 7.42 percent, the company said, joining rivals hurt by the sharp decline in energy prices and lower...

MTN Nigeria to Appeal $47.8 million Tax Bill

MTN Nigeria will challenge an order by the Nigerian Tax Tribunal to pay $47.8 million in taxes. The evaluation pertains to a value-added tax assessment...

Naira to Reach ‘Fair Value’ of 750/$ by Year-end 2023 – Oyedele

Nigeria is planning to introduce new foreign exchange rules — including a crackdown on illegal currency trading — that it hopes will result in...

Dangote Cement Pan-African Operations Post Net Losses Since 2014

While Dangote Cement Plc has been thriving in Nigeria, its Pan-African operations are flattering, posting recurring losses since 2014, but the good tidings are...

Afritex Announces The EdTech 2023 Clean Tech and Smart Cities Summit

Afritex is thrilled to announce the upcoming EdTech and smart cities summit with the theme Next step learning. It aims to bridge Science, Technology Engineering and...

NLC Threatens Boycott Of Meeting With FG If Labour Minister Attends

The Nigeria Labour Congress (NLC) has threatened to boycott its meeting with the Federal Government on Monday, October 30, 2023, should the Minister of...

Germany Eyeing Nigeria Gas Imports to Diversify Supplies – Scholz

Germany is eyeing imports of natural gas from Nigeria in an effort to secure and diversify its energy supply, Chancellor Olaf Scholz said during a visit...

60 Arrested After Rioters Overrun Russia Airport in Hunt for Jews

Sixty people have been arrested after a mob looking for Israelis and Jews overran an airport in Russia’s Caucasus republic of Dagestan, the interior...

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