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Telcos reject lawmakers’ claims, says Nigeria ready for E-transmission of election results

Business Pointer Admin3 months ago3 months ago03 mins

Nigeria’s major telecommunications operators have dismissed assertions by some National Assembly members that the country lacks the infrastructure for real-time electronic transmission of election results ahead of the 2027 general elections. Speaking under the umbrella of the Association of Licensed Telecom Operators of Nigeria (ALTON), leading operators including MTN Nigeria, Airtel Nigeria, Globacom, and T2…

Dangote projects naira could strengthen to N1,100 per dollar in 2026

Business Pointer Admin3 months ago3 months ago02 mins

By Adeyemi David The Chairman of the Dangote Group, Aliko Dangote has projected that the naira could strengthen to N1,100 per dollar in 2026, citing the effects of ongoing economic reforms and import substitution policies. Dangote made the remarks on Tuesday during the launch of the National Industrial Policy 2025 by the federal government. He…

Oando Plc seeks approval for N221bn rights issue

Business Pointer Admin3 months ago3 months ago01 mins

By Adeyemi David Oando Plc has notified its shareholders of an application submitted to the Nigerian Exchange Limited (NGX) on Friday, February 13, 2026, seeking approval to list a Rights Issue of 4,415,867,342 ordinary shares of 50 Kobo each at N50 per share. The Proposed Rights Issue will be offered on the basis of one…

Tinubu unveils Nigeria’s Industrial Policy 2025, orders swift implementation

Business Pointer Admin3 months ago3 months ago05 mins

President Bola Tinubu on Tuesday unveiled Nigeria’s Industrial Policy 2025, directing relevant Ministries, Departments and Agencies (MDAs) to ensure its speedy implementation as part of efforts to strengthen the country’s economic foundation. The policy was inaugurated on the president’s behalf by Vice-President Kashim Shettima at the Bola Ahmed Tinubu International Conference Centre in Abuja. Tinubu…

Guinness Nigeria Plc posts N41.2bn profit, revenue surges144% after financial year transition

Business Pointer Admin3 months ago3 months ago03 mins

Guinness Nigeria has reported a revenue of N730.8 billion for the eighteen-month period ended December 31, 2025, representing a 144 per cent increase from the N299.5 billion recorded in the twelve months ended June 2024. The company disclosed this in its audited financial results released on Tuesday, marking its first full reporting cycle after shifting…

NCDMB reaffirms mandatory 1% Nigerian content fund levy, ties compliance to regulatory approvals

Business Pointer Admin3 months ago3 months ago04 mins

The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors, and service companies in the upstream oil and gas sector of their statutory obligation to remit one percent (1%) Nigerian Content Development Fund (NCDF) levy into accounts officially designated by the Board. In a statement issued at the Nigerian Content Tower in Yenagoa,…

Inclusive forex access key to boosting Nigeria’s regional trade – CBN

Business Pointer Admin3 months ago3 months ago04 mins

Expanding fair access to foreign exchange and trade finance could unlock Nigeria’s export potential and strengthen regional commerce, a Central Bank of Nigeria (CBN) official has said. Assistant Director of Imports and Trade Relations at the CBN’s Trade and Exchange Department, Mr Tiku Allu made the remarks at the 2026 Ecobank Nigeria customer forum on Tuesday…

Nigeria seeks AfDB support to expand digital fibre network, boost employment

Business Pointer Admin3 months ago3 months ago03 mins

The Federal Government has invited the African Development Bank (AfDB) to support the design and financing of the Digital Value Chain Infrastructure for Boosting Employment (D-VIBE), also referred to as Project BRIDGE, aimed at expanding Nigeria’s digital infrastructure and stimulating job creation. According to a statement released by the AfDB on its website, the project…

FG to suspend salaries of ghost workers from March 2026

Business Pointer Admin3 months ago3 months ago03 mins

The Federal Government has announced that salaries of unverified workers in the Federal Civil Service will be suspended starting March 2026, following the conclusion of the ongoing Personnel Audit and Skills Gap Analysis (PASGA) exercise. A memo obtained by our correspondent on Tuesday from the Office of the Head of the Civil Service of the…

Zenith Bank warns public against fake investment scheme video linking Jim Ovia

Business Pointer Admin3 months ago3 months ago02 mins

Zenith Bank Plc has urged members of the public to disregard videos circulating online falsely linking its Group Chairman, Dr Jim Ovia, to an investment scheme called Wealth Bridge. The bank issued the advisory via its official X handle on Tuesday in Abuja, warning that the videos claim the Central Bank of Nigeria (CBN) has…

IFC to explore major investments in Nigeria’s livestock, energy, housing sectors

NCC seeks stronger judicial support to protect Nigeria’s digital economy

CIBN ex-president urges stronger ethics, professionalism in banking sector

PenCom grants PFAs special approval to invest in Dangote refinery IPO

SEC warns Nigerians against illegal online investment schemes

CGC Adeniyi advocates human-centred digital transformation at UNILORIN conference

Telcos reject lawmakers’ claims, says Nigeria ready for E-transmission of election results

Dangote projects naira could strengthen to N1,100 per dollar in 2026

Oando Plc seeks approval for N221bn rights issue

Tinubu unveils Nigeria’s Industrial Policy 2025, orders swift implementation

Guinness Nigeria Plc posts N41.2bn profit, revenue surges144% after financial year transition

NCDMB reaffirms mandatory 1% Nigerian content fund levy, ties compliance to regulatory approvals

Inclusive forex access key to boosting Nigeria’s regional trade – CBN

Nigeria seeks AfDB support to expand digital fibre network, boost employment

FG to suspend salaries of ghost workers from March 2026

Zenith Bank warns public against fake investment scheme video linking Jim Ovia