Business

HALF YEAR RESULT: Seplat Energy Revenue Hits N2.167trl , Generates N1.188trl Cash

Seplat Energy PLC, recorded a revenue of N2.167 trillion for the period from N575.1 billion reported same period last year. Its gross profit soared to N751.2 billion from N247.5 billion Year-on-Year. According to unaudited results for the six months ended 30 June 2025, cash generated from its operations for the period grew to N1.188 trillion […]

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Business

Nigerian Judiciary Goes Tough on Social Miscreants Vandalising Telecoms Infrastructure 

The Nigerian judiciary is going tough on social miscreants who are in the habit vandalising telecoms infrastructure promising that it would pinned them down with the law. Readding the riot to them in Lagos, Southwest Nigeria, the Attorney-General of the Federation, Lateef Fagbemi promised to crackdown on them describing the act of vandalising telecoms infrastructure […]

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News

Nigerian Govt Lays 5,000km Optic Fibre Cable Across 28 States to Boost Digital Economy

Nigerian Government has laid over 5,000 kilometers of fibre optic cable across 28 states, connecting state capitals, federal institutions, MDAs, and private sector players. According to the Managing Director/Chief Executive Officer, Galaxy Backbone, Professor Ibrahim Adeyanju, these level of infrastructure ensures that startups, government institutions, and businesses have access to facilities once exclusive to global […]

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Business

MTN to Host First Ever Customer Engagement Day July 30th

Nigeria’s largest telecoms operator, MTN Nigeria is set to host her girts ever customer engagement day tomorrow at the MTN Rooftop, Ikoyi, Lagos. A statement from the company noted that the event is expected to offer tech lovers  hands-on demos, interactive zones, and a whole lot of fun. The statement disclosed that the event is […]

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Business

Nigeria Partners China to Digititalise Customs, to Deploy 5G-Enabled Systems

The Nigeria Customs Service (NCS) is increasing collaborations with its Chinese counterpart, as the West African country seeks to digitalise its operations. This past weekend, NCS strengthened its cooperation efforts through a high-level engagement with the General Administration of Customs of China (GACC). The meeting, held in Beijing, China, brought together senior officers of the customs […]

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Business

Cross-border Activity Intensifies Amid Tariffs Crisis, Payment to Hit 18 Billion

The global cross-border B2B transactions will reach 18.3 billion in 2030; up from 16.3 billion in 2025. This 13% growth will be driven by increased globalisation despite tariffs, as well as new payment types such as stablecoins reducing payments barriers. According to Juniper Research forecasts, cross-border B2B transactions will be resilient in the face of […]

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Business

Aliko Dangote Retires from Dangote Cement Plc as Ikazoboh Takes-Over Chairman Leadership

Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has retired as a Director and the Chairman of the Board of Directors, effective July 25, 2025. A statement from the company said that he is relinquishing his position as chairman and retiring from the board to focus on the Refinery, Petrochemicals, Fertiliser and Government […]

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Business

5G Technology Transformational Impact Essential in Nigeria’s Digital Economy, Says MTN’s CMO

The 5G technology as a transformational force has the potential to revolutionise media, entertainment, and Nigeria’s broader digital economy. According to the Chief Marketing Officer of MTN Nigeria, Onyinye Ikenna-Emeka, the 5G technology is not just a technology but it is an enabler of experiences. She made the remark during an interactive session with fellows […]

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Business

Akwa Ibom Governor Tasks Nigerian Polity on Essence of Genuine Governance to Nation Building

The Akwa Ibom State Governor has called for genuine nation building that must begin with impactful governance at the subnational level, touching lives, building trust, and creating opportunities. Governor Umo Bassey Eno of the rich Niger-Delta state who may the call during a keynote address at the 3rd Lateef Jakande Memorial Lecture with the theme:  […]

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News

 Dangote Cement Farmer’s Food Empowerment Projects Get Govt Attention

Minister of Solid Mineral Development, Mr. Dele Alake has lauded the management of Dangote Cement, Ibese for its contributions to the development of its host communities saying its many social investments have succeeded in fostering economic development and social cohesion in the communities. The Minister who spoke through the Mines and Environment Compliance Officer for […]

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