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MTN Nigeria Communications Plc has vested 3,771,677 ordinary shares to 106 employees under its long-term incentive plans, according to a regulatory filing with the Nigerian Exchange. The shares, transferred on March 31, were awarded under the company’s Employee Share Ownership Plan (ESOP) and Performance Share Plan (PSP). These schemes, introduced in 2022, reward staff for […]
There is a quiet but consequential shift underway in Nigerian economic governance, and it has nothing to do with the presidency. For the better part of a decade, the country’s reform narrative has been scripted in Abuja — devaluation decisions, subsidy removals, monetary policy pivots, credit-rating negotiations. All eyes have pointed upward, toward the federal […]
By Emmanuel Salawu At the sidelines of the just-concluded Commission on the Status of Women, the Ford Foundation convened a meeting with CSOs, policymakers, philanthropists, and other stakeholders to deliberate on centering women’s leadership in the design of energy transition frameworks. Opening with two powerful short films, the session immediately grounded the conversation in lived […]
The expansion of Nigeria’s taxpayer base from 10-million to 100-million marks a significant structural shift. However, the critical question is whether this surge will translate into real revenue or remain largely a paper exercise. Analysts argue that the success of the drive rests not on the size of the register, but on the ability of […]
African leaders have intensified calls for a strategic shift away from aid dependence toward investment-driven growth, underscoring the need for the continent to harness its vast resources and strengthen economic integration to secure long-term prosperity. Speaking at the 4th Edition of the African Heritage Awards in Accra, John Dramani Mahama, Ghana’s President, cautioned against […]
Security has been significantly heightened at the Rainbow Hotel in Abuja’s Garki District, the venue for the African Democratic Congress (ADC) national convention. The proceedings, overseen by National Working Committee (NWC) Chairman David Mark, are scheduled to begin this afternoon. A heavy contingent of armed personnel, including officers from the police, army, Department of State […]
Wealthy Nigerians are now the primary focus of a data-intensive monitoring system designed to shore up public revenue. The taxman is no longer taking declarations at face value; instead, authorities are leveraging digital footprints, luxury purchases and lifestyle audits, tracking everything from bank transfers to high-end purchases, to smoke out underreported income. “One of the […]
Donald Trump, US President’s plan for a full naval blockade of the Strait of Hormuz is raising the stakes in an already volatile Middle East crisis, with potentially far-reaching consequences for many African economies. The narrow waterway linking the Persian Gulf to global markets has become a geopolitical flashpoint following sustained US and Israeli strikes […]
The United States has commended Nigeria for securing 386 convictions in terrorism-related mass trials, describing the development as a significant step towards strengthening accountability and confronting extremism. Massad Boulos, the US senior adviser for Arab and African affairs, made the commendation in a statement published on X on Sunday. “The United States commends the Nigerian […]
Troops of Operation Hadin Kai have arrested a 15-year-old suspect linked to the attack that killed Brigadier General Oseni Braimah, commander of the 29 Task Force Brigade, and three soldiers in Borno State last week. The suspect, identified only as Tijjani, was apprehended on Sunday in Ngamdu while allegedly on his way to collect logistics […]
