Nigeria · Country watch
MTN Tax Surge, BEDC Salary Hike, SERAP Demands
MTN Nigeria's tax payments rise sharply; BEDC increases staff salaries; SERAP calls for transparency in relief payments.
The picture Stable How this is judged →
Business conditions in Nigeria remain stable with MTN's tax surge reflecting strong telecom performance, while BEDC's salary hike boosts employee morale. Transparency issues in relief payments persist.
In this briefing MTN Nigeria · Benin Electricity Distribution Company · Bernard Doro · Socio-Economic Rights and Accountability Project · National Emergency Relief and Stabilisation Intervention
Companies
MTN Nigeria's tax payments rise 1,271% to N295bn
MTN Nigeria's income tax payments surged by 1,271% to N295.4 billion in the first nine months of 2026, according to Business Day. This significant increase underscores the telecom giant's growing fiscal role in Nigeria's economy. The rise in tax payments reflects MTN's expanding business operations and profitability in the Nigerian market, contributing substantially to the country's revenue.
Impact Telecom investors and analysts see MTN's growing fiscal role as a sign of robust business performance.
Sources: Business Day ↗
BEDC announces salary increase for staff
The Benin Electricity Distribution Company (BEDC) has announced a salary increase for all its staff, effective December 1, 2026. This decision follows an agreement reached with the National Union of Electricity Employees (NUEE) and the Senior Staff Association of Electricity and Allied Companies (SSAEAC) on November 6. The salary hike aims to improve employee welfare and motivation, according to Vanguard Nigeria.
Impact BEDC employees benefit from increased salaries, potentially improving workforce morale and productivity.
Sources: Vanguard Nigeria ↗, P.M. News Nigeria ↗, Punch ↗
Politics
SERAP demands transparency in N50,000 relief payments
The Socio-Economic Rights and Accountability Project (SERAP) has called on the Nigerian government to disclose details of the N50,000 National Emergency Relief and Stabilisation Intervention (NERSI). SERAP urged Dr. Bernard Doro, Minister of Humanitarian Affairs and Poverty Reduction, to provide information on the programme's funding, implementation, and beneficiary selection, according to Vanguard Nigeria and Punch.
Impact Public-sector transparency advocates and potential beneficiaries await clarity on relief payment processes.
Sources: Vanguard Nigeria ↗, Punch ↗, P.M. News Nigeria ↗
Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Markets · Trade.
Also today in the local press
- NDC questions Tinubu’s fresh Ibom seaport approval — Punch
- FG cancels teachers’ institute admissions — Punch
- NAF redeploys senior officers, appoints new commanders — Punch
- NAFDAC seizes suspected fake Nivea, Listerine products in Delta market — Punch
- VIDEO: NDLEA uncovers drugs hidden in imported furniture, women’s headgear — Punch
- Iran executes three men linked to anti-government protests — Punch
- Lagos police ask political parties to notify command ahead of 2027 rallies — Premium Time
- NiMet warns Nigerians as thunderstorms, rainfall loom — P.M. News Nigeria
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.