MTN Nigeria Communications Plc., has renegotiated binding commercial terms of the existing infrastructure sharing and master lease agreements with IHS Towers. This was one of the initiatives outlined at the Extraordinary General Meeting (EGM) held on 30 April 2024 to support the recovery of its capital position. In statement, the telecoms while notifying the Nigerian […]
Read MoreThree of Nigeria’s innovation solution providers are among the fifty finalists, who are uplifting their communities through the use of innovation, have been selected for the next round of the fifth edition of the Africa’s Business Heroes (ABH) competition, a competition of the philanthropic programme spearheaded by the Jack Ma Foundation and Alibaba Philanthropy to […]
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A digital payment company, Network International, has released its platform, Network One into Nigeria’s financial system with a promise to onboard and empower banks, MNOs and fintechs in Nigeria and throughout the West African region. Making its first appearance at a media engagement in Lagos, Southwest Nigeria, the FTSE-listed Network International, a trusted payment partner […]
Read MoreIHS in Nigeria, a subsidiary of IHS Holding Limited, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, and MTN Nigeria, a subsidiary of Africa’s largest mobile network operator MTN Group, today announced an agreement to renew and extend all Nigerian tower Master Lease Agreements […]
Read MoreGCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series 1 NGN10.5Bn Tranche A and NGN177.1Bn Tranche […]
Read MoreThe Central Bank of Nigeria (CBN) has given approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited. The apex bank, in a statement by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the move is designed to bolster the stability of the nation’s […]
Read MoreSeplat Energy Plc, Nigeria’s independent energy company is rising to the challenge of energy deficit in Nigeria through its new critical projects, which are capable of taking the company’s gas processing capacity to 850 Million standard cubic feet per day (MMscfd) consolidating the company’s position as a leading gas supplier to the Nigerian market. The Director […]
Read MoreAMA PRESS RELEASE Three-quarters of workers around the world believe GenAI will bring some level of disruption to the workplace. Despite uncertain times, they remain confident about their place in the labour market with 75% of Nigerians and Ghanaians willing to be retrained in any case and 23% if necessary to stay ahead in […]
Read MoreThe social media giant Meta Platforms plans to spend between $96 billion to $99 billion from the money it will make from your activities in all its platform: Facebook, Instagram, Threads and WhatsApp, among other products and services. As at June 30 of 2024, the already made $39 billion. “We expect full-year 2024 total expenses […]
Read MoreGoogle has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance. “After having carefully considered and weighed the witness testimony and evidence, the court reaches […]
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