MTN Nigeria paid N757bn tax in 2021
MTN Nigeria Communications paid a total of N757bn direct and indirect tax to government agencies in 2021, it has been revealed. This was disclosed during the National Tax Dialogue Event organised by the Federal Inland Revenue Service. A statement titled, ‘MTN Named Best Tax Compliant Organisation in Nigeria: … recognised
FAAN reacts to power outage at Murtala Muhammed International Airport
The Federal Airports Authority of Nigeria (FAAN) has apologized to passengers for the power outage which occurred at MMIA. The Murtala Muhammed International Airport (MMIA) in Lagos in the late hours of Friday, April 1, 2022. The power supply disruption at one of the wings at the airport was due
Ukraine: Thousands protest against war in Switzerland
Thousands of people marched in the Swiss capital Bern on Saturday to demand an end to Russia’s devastating war in Ukraine, AFP reports. In a sea of blue and yellow of Ukrainian flag, with a rainbow-colored sprinkling of PEACE banners, around 10,000 demonstrators marched through the city, according to organisers.
NGX: ACCESS weigh down broad market to dip by over N58 billion
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 26 basis point. The NGX ASI closed at 46,842.86 points, to reflect a decline of 0.26% from the previous trading day and a Year-to-Date (YTD) return of 9.66%. Meanwhile, the market
Power supply generation rises to 4,399MW
Nigeria’s electricity generation peaked at 4,399MW on Thursday, 31st March 2022, increasing by 1.3% from 4,343.7MW recorded on Wednesday. And representing the highest generated energy since the crisis earlier in the month. In the same vein, energy sent out improved significantly by 5.4% to 99,921.42MWh (megawatt hour), from 94,796.14MWh recorded