Trust Africa News

Coronation Asset Management Issues Disclaimer on Research Reports

By Ayomide Otitoju Coronation Asset Management Ltd has issued a detailed disclaimer outlining the scope, limitations, and intended use of its research reports, emphasising that such publications are based on publicly available information and are not independently verified. The firm stated that its research is produced independently of the companies or securities covered and should…

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MTN Suspends Xtratime Over New Lending Rules

By Ayomide Otitoju MTN Nigeria Communications Plc has notified the Nigerian Exchange Limited of the temporary suspension of its Xtratime service, citing ongoing compliance requirements under new consumer lending regulations. In a corporate disclosure, the telecom operator said the suspension is linked to the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 (DEON), overseen…

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Tinubu Signs ₦68.32tr 2026 Budget, Extends 2025 Budget to June 2026

By Ayomide Otitoju President Bola Ahmed Tinubu has signed into law the 2026 Appropriation Bill, approving a total expenditure of ₦68.32 trillion, while also extending the implementation period of the 2025 budget to June 30, 2026. The development was disclosed on Friday in a statement issued by the President’s Special Adviser on Information and Strategy,…

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