Business

IHS Nigeria, FCT-HSES Ends Clean Cooking Energy Campaign in Abuja

communications infrastructure company, IHS Nigeria, in partnership with the Federal Capital Territory Health Services and Environment Secretariat (FCT-HSES), has successfully concluded the Project Breathe Clean Air Abuja, a landmark initiative designed to help the underserved communities across the Federal Capital Territory to access Liquified Petroleum Gas (LPG) cylinders as a cleaner alternative for household cooking. […]

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Telecoms

Agusto Upgrades MTN Nigeria Rating Records Stronger-than-Expected Recovery Earnings and Shareholders’ Equity

Augusto & Co. has upgraded MTN Nigeria’s long-term national scale rating to Aaa, from Aa+, while affirming its short-term rating at A1+ with a stable outlook. The Pan-African credit rating agency cited the telecommunications company’s stronger earnings, robust cash generation, improved liquidity and lower debt profile. The rating, disclosed by MTN Nigeria to the Nigerian […]

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Business

Low Fibre-to-the-Home Subscription Worries NCC Amid Abundance of High-Speed Broadband Penetration

With just 265,000 Fibre-to-the-Home (FTTH) subscribers, expanding high-speed broadband infrastructure is essential to Nigeria’s ambition of building a $1 trillion economy. lamenting low FTTH subscription in then country, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr Aminu Maida expressed dismay that despite broadband penetration reaching 55.67%, the  FTTH is still low. Speaking […]

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Business

Seplat Energy Emerges Energy, Dividend Paying Company 2026

Seplat Energy Plc, indigenous energy company in Nigeria, has been named the Energy Company of the Year and Dividend Paying Company of the Year at the Nairametrics Capital Market Awards (NCMA) 2026 held in Lagos. According to the organisers, both awards reflected Seplat Energy’s strong financial performance, operational efficiency, consistent production output, and sustained commitment […]

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Business

Nigeria, Ghana & Others Make List of Cohort 42 for AWS Social Entrepreneur Accelerator

Amazon.com, Inc. company has selected nine companies from Africa for its fourth AWS Social Entrepreneur Accelerator cohort, making it the largest representation of any continent. The list of African countries with selected organisations includes Nigeria Kenya Ghana, South Africa, Cameroon and Tanzania while other selected organisations are from the USA, Australia, India, the UK and […]

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Business

NCC Earns Top Spot in Best-Performing MDA Rankings for 2026

The Nigerian Communications Commission (NCC) has been ranked among the top three best-performing Ministries, Departments, and Agencies (MDAs) of the Federal Government in the 2026 Public Service Reforms Performance Assessment conducted by the Bureau of Public Service Reforms (BPSR). In the latest Public Service Reforms Performance Assessment, the Commission was ranked third overall, following a […]

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Technology

Nigeria’s Banking Sector Gets NDPC Applaud on Data Protection Compliance Training

The Nigeria Data Protection Commission (NDPC) is firming holding to its control on the Nigerian banking sector just as sector is stepping up investment in data privacy training and compliance programmes. The regulator is intensifying enforcement of the country’s data protection framework, according to the National Commissioner and Chief Executive Officer of the NDPC, Dr […]

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Business

NCC, CAC Tighten Regulations Over Telecom Companies’ Ownership

Nigeria’s communications sector faces tighter regulatory oversight after regulators yesterday announced new compliance requirements governing changes in the ownership structure of licensed communications companies. Effective immediately, any proposed transfer of ownership or control of shares in a licensee of the Nigerian Communications Commission (NCC) amounting to 10% or more of the company’s total share capital, […]

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Business

ELOHOR AIBONI Gets Elevated, First Nigerian to Get Combined Leadership Position in Shell

Shell has appointed ELOHOR AIBONI as Executive Vice President and Country Chair Nigeria, making her the first Nigerian to hold the combined leadership position in the company’s history. Effective August 1, 2026, Aiboni will succeed Marno de Jong, who is leaving Shell after a 34-year career. The appointment marks a major milestone for both Shell […]

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Business

LG ‘s ‘Make Life Good’ Reality Series Hits Africa Magic Screens

LG Electronics Nigeria (LG) has announced the upcoming launch of Make Life Good, a heartwarming original reality series produced in partnership with MultiChoice. Debuting on 13 June on Africa Magic, the series shifts the traditional advertising narrative to focus on the powerful, real-life human connections enabled by technology within the African context. Built around the concept […]

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